General Motors Stock Outlook: Is Wall Street Bullish or Bearish?

Core Insights - General Motors Company (GM) is a leading automobile manufacturer with a market cap of $64.5 billion, offering a diverse range of vehicles and services, including electric vehicles (EVs) [1] Performance Overview - GM shares have outperformed the broader market, gaining 32.9% over the past year compared to the S&P 500 Index's 17.7% increase [2] - In 2025, GM's stock rose 29.7%, again surpassing the S&P 500's 16.3% rise on a year-to-date basis [2] Comparison with Industry Peers - GM's performance is less favorable compared to the Global X Autonomous & Electric Vehicles ETF (DRIV), which gained approximately 33.1% over the past year and 33.2% year-to-date [3] Factors Driving Performance - The strong performance of GM is attributed to disciplined inventory management, effective pricing strategies, and sustained demand for both internal combustion engine (ICE) and electric vehicles (EVs) in the U.S. [4] Recent Financial Results - On October 21, GM shares increased by 14.9% following the release of Q3 results, with an adjusted EPS of $2.80 exceeding Wall Street's expectation of $2.28 [5] - GM's revenue for the quarter was $48.6 billion, surpassing forecasts of $44.3 billion, and the company anticipates full-year adjusted EPS between $9.75 and $10.50 [5] Analyst Expectations - For the current fiscal year ending in December, analysts project a 2.6% decline in GM's EPS to $10.32 on a diluted basis [6] - GM has a strong earnings surprise history, beating consensus estimates in the last four quarters [6] - Among 30 analysts covering GM, the consensus rating is a "Moderate Buy," with 14 "Strong Buy" ratings, 2 "Moderate Buys," 11 "Holds," and 3 "Strong Sells" [6] Analyst Ratings Update - The analyst outlook has become more bullish, with 13 analysts now suggesting a "Strong Buy" [7] - On October 24, Tigress Financial analyst Ivan Feinseth maintained a "Strong Buy" rating on GM and raised the price target to $92, indicating a potential upside of 33.2% from current levels [7]