General Motors Company (GM)
| Market Cap | 56.40B |
| Revenue (ttm) | 132.10B |
| Net Income (ttm) | 7.72B |
| Shares Out | 1.50B |
| EPS (ttm) | 5.24 |
| PE Ratio | 7.17 |
| Forward PE | 5.43 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 16,463,091 |
| Open | 36.62 |
| Previous Close | 36.06 |
| Day's Range | 36.46 - 38.18 |
| 52-Week Range | 30.33 - 67.21 |
| Beta | 1.28 |
| Analysts | Buy |
| Price Target | 53.30 (+41.9%) |
| Earnings Date | Jul 26, 2022 |
About GM
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories in North America, the Asia Pacific, the Middle East, Africa, South America, the United States, and China. 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, Holden, Baojun, and Wuling brand names. The company also sells trucks, crossovers, cars, and purpose-built vehicles to dealers for consumer retail sales, ... [Read more...]
Financial Performance
In 2021, GM's revenue was $127.00 billion, an increase of 3.69% compared to the previous year's $122.49 billion. Earnings were $10.02 billion, an increase of 55.89%.
Financial StatementsAnalyst Forecast
According to 35 analysts, the average rating for GM stock is "Buy." The 12-month stock price forecast is 53.3, which is an increase of 41.91% from the latest price.
News
Why General Motors Shares Spiked Monday
Chevy Volt buyers should once again qualify for tax credits under the Inflation Reduction Act.
EV tax credit and the Inflation Reduction Act: Why some GM, Ford, Toyota models may not qualify
Yahoo Finance's Pras Subramanian joins the Live show to discuss the EV tax credit and why some car models won't qualify.
Chip and carmaker CEOs meet ahead of Biden signing
The heads of chipmakers GlobalFoundries and Applied Materials and carmakers Ford Motor and General Motors Co were to meet at a closed-door summit with U.S. government officials on Monday to discuss admi...
Here's what the new Senate spending bill means for electric-vehicle makers
August is the beginning of a 12-month period when electric vehicle and battery production ramps. CNBC's Phil LeBeau joins 'Squawk Box' to report on how the industry is responding to a new Senate spendin...
Automakers say U.S. Senate bill will 'jeopardize' 2030 EV targets
A group representing General Motors, Toyota Motor, Volkswagen and other major automakers said a $430 billion bill approved Sunday by the U.S. Senate will put achieving U.S. electric-vehicle adoption tar...
U.S. auto trade group warns EV tax proposal would make 70% ineligible
A group representing General Motors, Toyota Motor, Volkswagen and other major automakers warned late on Friday that a U.S. Senate Democratic proposal to revamp the $7,500 electric vehicle tax credit wou...
GM chief Mary Barra heads to White House to promote Manchin-Schumer bill
The White House confirmed the GM CEO's visit but declined to say specifically with whom she would meet.
Biden to meet CEOs of GM, Carrier, Cummins on drug, tax bill
U.S. President Joe Biden will meet Thursday with labor leaders and CEOs from General Motors, Carrier and Kaiser Permanente to discuss the economic impacts of the drug, climate and tax bill recently intr...
General Motors Company (GM) Is a Trending Stock: Facts to Know Before Betting on It
General Motors Company (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.
GM is expanding its hands-free Super Cruise system to 400,000 miles of roads
GM will soon allow drivers to use Super Cruise on more than 400,000 miles of roads in the U.S. and Canada, doubling access to its hands-free driver assistance system as it pushes to keep apace of its ri...
GM's Super Cruise Hands-Free Road Network to Double in Size
The hands-free driver assist tech will soon work on twice as many roads now that undivided highways are joining its library of high-resolution maps.
GM doubles miles open to its Super Cruise technology
General Motors Co said on Wednesday owners of certain vehicles equipped with its Super Cruise assisted driving system will now be able to use it on 400,000 miles (643,740 km) of North American roads, do...
GM to expand its hands-free Super Cruise system to span 400,000 miles, including Route 66 and the Pacific Coast Highway
GM says it will expand its Super Cruise hands-free system later this year to more than 400,000 miles of U.S. and Canadian roads.
GM Expands Super Cruise Hands-Free Driving To More Than 400,000 Miles Of Roads
By the end of 2022, GM's Super Cruise hands-free driving assist will be available on more than 400,000 miles of roads across North America including Route 66, Pacific Coast Highway and the Trans Canada ...
Safety View by GM Future Roads & INRIX Now Available to Support Safer Roads in U.S. Communities
New INRIX school zone study highlights Safety View's sophisticated cloud-based analytics capabilities designed for Vision Zero plans and Safe Streets and Roads for All program DETROIT and KIRKLAND, Wash...
Three-Stock Lunch: GM, WFC & DIS
Carter Worth of Worth Charting joins 'Power Lunch' to discuss the prospects for three stocks, including General Motors, Wells Fargo and Disney.
The Summer Of Extreme Weather, GM's Plans For One Million EVs And Turning Trash Into Cash
This week's Current Climate, which every Saturday brings you the latest news about the business of sustainability.
Final Trades: EOG Resources, General Motors, American Express & more
The "Halftime Report" traders give their top picks to watch for the second half.
General Motors Prices $2.25 Billion of Senior Unsecured Notes
DETROIT , July 28, 2022 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today the pricing of two series of senior unsecured fixed rate notes for a total of $2.25 billion. These notes include $1....
Tesla, GM buyers would get EV tax credits again under Dems' climate bill
Under a new green energy bill agreed to by Democratic Sens. Chuck Schumer and Joe Manchin, automakers like Tesla and General Motors would regain the ability to offer federal tax credits to customers who...
Senate expands tax credit for EV drivers
Yahoo Finance autos correspondent Pras Subramanian joins the Live show to detail the latest tax credit Senate passed to promote EV adoption.
General Motors Offers Senior Unsecured Notes
DETROIT , July 28, 2022 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today it has launched an offering of senior unsecured fixed rate notes. GM intends to use the net proceeds from the sale o...
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