General Motors Stock Surges to Record Highs After Earnings

Core Insights - General Motors Co (NYSE:GM) stock is experiencing significant growth, reaching a record high of $86.66, up 9.1% following better-than-expected Q4 earnings of $2.51 per share, despite revenue of $45.29 billion being slightly below estimates [1] - The company announced a 20% increase in dividends and a $6 billion share repurchase program, along with strong earnings guidance for 2026 [1] Stock Performance - GM shares have increased by 57.8% year-over-year, showing a rally since early-April lows, and have broken above the 20-day moving average's short-term resistance [2] - If these gains are sustained, GM will achieve its best daily percentage gain since October 2024 [2] Options Activity - Options trading for GM has surged, with 49,000 calls and 30,000 puts exchanged, which is 2.9 times the stock's average daily volume [3] - The most popular options are the weekly 1/30 85-strike call and the 88-strike call, with new positions being opened for both [3] Analyst Ratings - Among 27 analysts covering GM, 17 have a "buy" or better rating, 8 have a "hold," and 2 have a "strong sell" rating [4] - The 12-month consensus price target is $83.13, indicating a 4% discount to current stock levels [4]