General Motors Company (GM)
NYSE: GM · IEX Real-Time Price · USD
46.95
+0.27 (0.58%)
At close: Jul 2, 2024, 4:00 PM
46.93
-0.02 (-0.04%)
After-hours: Jul 2, 2024, 7:59 PM EDT
General Motors Company Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for GM stock have an average target of 54.52, with a low estimate of 28 and a high estimate of 96. The average target predicts an increase of 16.12% from the current stock price of 46.95.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for GM stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 7 | 7 | 7 | 7 | 8 |
| Buy | 5 | 5 | 5 | 6 | 6 | 6 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 17 | 16 | 17 | 18 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Sell Maintains $30 → $32 | Sell | Maintains | $30 → $32 | -31.84% | Jun 25, 2024 |
| UBS | UBS | Strong Buy Maintains $58 → $61 | Strong Buy | Maintains | $58 → $61 | +29.93% | Jun 20, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $75 | Strong Buy | Maintains | $75 | +59.74% | Jun 12, 2024 |
| Barclays | Barclays | Buy Maintains $55 → $60 | Buy | Maintains | $55 → $60 | +27.80% | Apr 26, 2024 |
| Bernstein | Bernstein | Buy Initiates $55 | Buy | Initiates | $55 | +17.15% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
181.57B
from 171.84B
Increased by 5.66%
Revenue Next Year
183.19B
from 181.57B
Increased by 0.89%
EPS This Year
9.95
from 7.32
Increased by 35.95%
EPS Next Year
10.17
from 9.95
Increased by 2.18%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 189.8B | 193.7B | 199.4B | 211.1B | 237.3B |
| Avg | 181.6B | 183.2B | 185.0B | 194.6B | 211.1B |
| Low | 165.6B | 165.4B | 154.4B | 177.8B | 180.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.5% | 6.7% | 8.9% | 14.1% | 21.9% |
| Avg | 5.7% | 0.9% | 1.0% | 5.2% | 8.5% |
| Low | -3.7% | -8.9% | -15.7% | -3.9% | -7.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.95 | 12.32 | 12.75 | 11.64 | 10.88 |
| Avg | 9.95 | 10.17 | 10.16 | 8.73 | 7.94 |
| Low | 7.97 | 5.97 | 6.15 | 4.95 | 4.95 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 49.6% | 23.8% | 25.4% | 14.6% | 24.5% |
| Avg | 36.0% | 2.2% | -0.1% | -14.1% | -9.1% |
| Low | 8.9% | -40.0% | -39.5% | -51.3% | -43.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.