General Motors Company (GM)
NYSE: GM · Real-Time Price · USD
53.73
+4.80 (9.81%)
At close: Oct 22, 2024, 4:00 PM
53.68
-0.05 (-0.09%)
Pre-market: Oct 23, 2024, 7:03 AM EDT
General Motors Company Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for GM stock have an average target of 56.38, with a low estimate of 33 and a high estimate of 96. The average target predicts an increase of 4.93% from the current stock price of 53.73.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for GM stock from 20 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 8 | 8 | 8 | 8 |
| Buy | 6 | 6 | 6 | 6 | 5 | 5 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 1 | 1 | 1 | 2 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Total | 18 | 19 | 19 | 20 | 21 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $60 → $64 | Buy | Maintains | $60 → $64 | +19.11% | Oct 15, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $54 | Buy | Reiterates | $54 | +0.50% | Oct 9, 2024 |
| Wedbush | Wedbush | Buy Reiterates $55 | Buy | Reiterates | $55 | +2.36% | Oct 9, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $53 → $61 | Strong Buy | Maintains | $53 → $61 | +13.53% | Oct 1, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Sell Downgrades $47 → $42 | Hold → Sell | Downgrades | $47 → $42 | -21.83% | Sep 25, 2024 |
Financial Forecast
Revenue This Year
184.52B
from 171.84B
Increased by 7.38%
Revenue Next Year
184.38B
from 184.52B
Decreased by -0.07%
EPS This Year
10.32
from 7.32
Increased by 41.02%
EPS Next Year
10.27
from 10.32
Decreased by -0.54%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 193.5B | 195.3B | 201.2B | ||
| Avg | 184.5B | 184.4B | 187.0B | ||
| Low | 170.2B | 168.0B | 163.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.6% | 5.9% | 9.1% | ||
| Avg | 7.4% | -0.1% | 1.4% | ||
| Low | -1.0% | -9.0% | -11.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 11.24 | 11.98 | 13.03 | ||
| Avg | 10.32 | 10.27 | 10.50 | ||
| Low | 8.88 | 6.92 | 6.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 53.5% | 16.1% | 26.9% | ||
| Avg | 41.0% | -0.5% | 2.2% | ||
| Low | 21.4% | -32.9% | -35.3% |
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.