General Motors Company (GM)
| Market Cap | 56.97B |
| Revenue (ttm) | 182.72B |
| Net Income (ttm) | 10.99B |
| Shares Out | 1.10B |
| EPS (ttm) | 9.25 |
| PE Ratio | 5.60 |
| Forward PE | 5.22 |
| Dividend | $0.48 (0.93%) |
| Ex-Dividend Date | Dec 6, 2024 |
| Volume | 10,160,376 |
| Open | 50.09 |
| Previous Close | 50.34 |
| Day's Range | 50.07 - 52.14 |
| 52-Week Range | 34.32 - 61.24 |
| Beta | 1.43 |
| Analysts | Buy |
| Price Target | 61.06 (+17.85%) |
| Earnings Date | Jan 28, 2025 |
About GM
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts; and provide software-enabled services and subscriptions worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names. In addition, the company sells trucks, crossovers, cars, and automobile parts through retail dealers, and distributors and dealers, as well as to fleet customers, including dai... [Read more]
Financial Performance
In 2023, General Motors Company's revenue was $171.84 billion, an increase of 9.64% compared to the previous year's $156.74 billion. Earnings were $10.02 billion, an increase of 12.41%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for GM stock is "Buy." The 12-month stock price forecast is $61.06, which is an increase of 17.85% from the latest price.
News
Notice of GM
Notice of GM Attachments 2025 Notice of extraordinary general meeting - AS Øresund CV JADY + LFI
GM, ChargePoint Team Up To Install Up to 500 EV Chargers
ChargePoint (CHPT) and General Motors (GM) are teaming up to install hundreds of new electric vehicle chargers, the companies announced Wednesday.
U.S. auto sales next year expected to be best since 2019
S&P Global, Edmunds and Cox Automotive expect new auto sales to increase year-over-year by 2.5% or less to achieve the industry's best results since 2019. The increase is expected to be driven by a co...
GM Financial to Release Fourth Quarter and Calendar Year 2024 Operating Results
FORT WORTH, Texas--(BUSINESS WIRE)--GENERAL MOTORS FINANCIAL COMPANY, INC. (“GM Financial” or the “Company”) will release its fourth quarter and calendar year 2024 operating results on Tuesday, Januar...
Why GM stock still looks super cheap – but maybe not for long
It has been a year to remember for the auto industry. Tesla (TSLA) unveiled a cab that doesn't need a driver.
GM CEO Mary Barra discusses the future of the auto industry
General Motors (GM) was named Yahoo Finance's 2024 Surprise of the Year. The automaker's stock is up more than 40% in a year in which rivals Ford (F) and Stellantis (STLA) saw their share prices fall ...
Here's why Ford's why stock could continue lagging GM's stock
Ford's stock draws a downgrade as an analyst sees more underperformance ahead for the auto giant.
From growth to gone: GM's Cruise robotaxi business is latest growth initiative to falter
GM CEO Mary Barra, with the ending of its Cruise robotaxi operations, made it clear that the automaker's growth priorities have shifted amid a broader, industrywide retrench to preserve capital. The d...
GM ‘blindsides' Cruise by giving up on robotaxis
Welcome back to Week in Review. This week, we're looking at GM's decision to pull out of the robotaxi business, Google alluding to the existence of multiple universes, and how you can make some seriou...
General Motors Scraps Cruise, Alphabet's Waymo A Big Part Of The Reason Why
GM exits the global robotaxi business, saving $1 billion annually, after investing $10 billion in Cruise since 2016. Competition from Waymo and Amazon, coupled with operational challenges, led to GM's...
RIP, Cruise robotaxi
GM's decision to no longer fund its self-driving car subsidiary Cruise was a surprise to many — and got me thinking about this startup that I've come to know over the years.
Microsoft will take an $800M hit over Cruise robotaxi shutdown
GM's decision to shut down its Cruise robotaxi program continues to ripple through the market, extending to the self-driving car company's minority investors.
Wall Street mostly upbeat on GM's decision to pull the plug on Cruise
General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the automaker's decision to do so was still a disappointing end for an operation that GM ...
Microsoft will take $800 million charge on Cruise investment as GM exits robotaxi business
Microsoft will take an $800 million charge on its investment in the Cruise robotaxi business after General Motors announced it would no longer fund the initiative as part of a shift in its autonomous ...
Here's how much of a hit Microsoft is taking with its investment in GM's Cruise
Microsoft warned investors it will book an impairment charge in its fiscal second quarter related to its investment in GM's Cruise robotaxi unit back in 2021.
Microsoft to Incur $800 Million Charge Tied to Cruise Robotaxi Program
Microsoft said it will record an $800 million impairment charge tied to its minority investment in General Motor's now-scrapped robotaxi program Cruise.
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit
Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' exit of the Cruise autonomous driving business, the tech giant sa...
Honda cuts funding to robotaxi venture with Cruise and GM in Japan
Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now that GM has pulled the plug on Cruise and its commercial robotaxi ambitions,...
Cruise employees ‘blindsided' by GM's plan to end robotaxi program
The news came by Slack message. Cruise CEO Marc Whitten, who took the top post in June, posted a message Tuesday afternoon in the company's announcements channel along with a link to a press release e...
GM is giving up on Cruise robotaxis, pivots to personal autonomous vehicles
General Motors said Tuesday it will no longer fund the development of a commercial robotaxi business and will instead absorb its self-driving car subsidiary Cruise and combine it with the automaker's ...
Safety Expert Amy Witherite Calls for Greater Oversight Following GM's Decision to Scrap Robotaxi in Texas and Georgia
DALLAS--(BUSINESS WIRE)--Safety advocate and attorney Amy Witherite, whose firm specializes in motor vehicle accidents, says that General Motor's decision to halt its Cruise robotaxi program should se...
Cruise founder calls GM 'a bunch of dummies' after automaker shuts down robotaxi startup
Cruise founder Kyle Vogt criticized GM's decision to pull robotaxi funding. GM's decision to divest from Cruise comes as other tech giants forge ahead with robotaxi plans.
Cramer's Mad Dash: General Motors
CNBC's Jim Cramer delivers his daily Mad Dash.
GM's Cruise U-turn is a sign of just how hard the robotaxi game really is
General Motors just pulled the plug on Cruise's robotaxi dreams. The self-driving venture has been in doubt since a pedestrian was seriously injured last year.
General Motors: Cruise Cancellation Is Not A Big Deal
General Motors Company is halting its Cruise robotaxi project to focus on driver assistance and core ICE and electric vehicle production. I previously rated GM stock a strong buy due to double-digit r...