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General Motors (GM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
I reiterate a Strong Buy on General Motors with a $104 price target, reflecting 30% upside from $80. The next-generation Silverado and Sierra cycle, higher full-size SUV availability, OnStar growth, lower EV losses and continued share repurchases should drive adjusted EPS toward my 2027 estimate of $14.88. I arrive at my price target by applying a 7x FWD non-GAAP P/E to my 2027 estimated EPS of $14.88.
The Q2 earnings season is displaying exceptional momentum, characterized by widespread beat rates and an accelerating growth pace. These early results strongly validate the underlying health and resilience of the corporate earnings picture.
General Motors Company delivered strong Q2 results, with revenues up 2% and improved North American margins, driven by higher-margin services like OnStar. GM upgraded its 2024 guidance, projecting adjusted auto FCF of $9.5B–$11.5B and adjusted EBIT of $14.0B–$16.0B, reflecting resilient profitability. I maintain a Hold rating on GM, primarily due to broader auto industry risks, rising competition from Chinese automakers, and global market share declines.
GM lifts its 2026 outlook as stronger pricing, trucks, software growth and lower EV losses shape a better 2027.
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General Motors GM delivered another strong quarter, posting its 16th consecutive earnings beat in the second quarter of 2026. Adjusted earnings of $3.57 per share rose 41.3% year over year and topped the Zacks Consensus Estimate by 14.06%.
After a fraught relationship during the president's first term, GM's latest pivots are boosting revenue.
GM's Q2 earnings beat estimates as strong pricing, lower costs and disciplined incentives drive margin gains and a higher 2026 outlook.
General Motors (GM) shares are inching higher on Tuesday morning after the automaker posted a powerhouse Q2 earnings release, outperforming Street expectations across key operational metrics Revenue came in just over $48 billion – reflecting a 1.9% year-over-year increase – while adjusted earnings per share went up 41.3% versus last year to $3.57 in the second quarter. Driven by North American truck demand, resilient pricing power, and strict discipline on operating overhead, GM raised its full-year adjusted profit and free cash flow guidance for the second time this year.
Although the revenue and EPS for General Motors (GM) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.