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General Motors (GM) Stock Forecast & Price Target

General Motors logo
$58.52 +2.84 (+5.10%)
(As of 11/22/2024 ET)

General Motors - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
4
Hold
6
Buy
11

Based on 21 Wall Street analysts who have issued ratings for General Motors in the last 12 months, the stock has a consensus rating of "Hold." Out of the 21 analysts, 4 have given a sell rating, 6 have given a hold rating, 10 have given a buy rating, and 1 has given a strong buy rating for GM.

Consensus Price Target

$56.92
-2.74% Downside
According to the 21 analysts' twelve-month price targets for General Motors, the average price target is $56.92. The highest price target for GM is $96.00, while the lowest price target for GM is $34.00. The average price target represents a forecasted downside of -2.74% from the current price of $58.52.
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GM Analyst Ratings Over Time

TypeCurrent Forecast
11/24/23 to 11/23/24
1 Month Ago
10/25/23 to 10/24/24
3 Months Ago
8/26/23 to 8/25/24
1 Year Ago
11/24/22 to 11/24/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
10 Buy rating(s)
11 Buy rating(s)
13 Buy rating(s)
9 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
Sell
4 Sell rating(s)
4 Sell rating(s)
3 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$56.92$56.97$55.17$50.67
Forecasted Upside-2.74% Downside8.10% Upside13.58% Upside79.86% Upside
Consensus Rating
Hold
Hold
Moderate Buy
Moderate Buy

GM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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General Motors Stock vs. The Competition

TypeGeneral MotorsAuto/Tires/Trucks CompaniesS&P 500
Consensus Rating Score
2.38
2.49
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside-2.74% Downside263.01% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent GM News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/25/2024Sanford C. Bernstein
3 of 5 stars
D. Roeska
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Boost TargetMarket Perform ➝ Market Perform$53.00 ➝ $55.00+4.36%
10/23/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetOutperform ➝ Outperform$58.00 ➝ $65.00+22.92%
10/23/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$64.00 ➝ $70.00+33.03%
10/23/2024Wedbush
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 Boost TargetOutperform ➝ Outperform$55.00 ➝ $60.00+12.76%
10/23/2024UBS Group
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 Boost TargetBuy ➝ Buy$58.00 ➝ $62.00+16.52%
10/23/2024Wells Fargo & Company
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 Boost TargetUnderweight ➝ Underweight$33.00 ➝ $38.00-28.69%
10/23/2024Barclays
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 Boost TargetOverweight ➝ Overweight$64.00 ➝ $70.00+30.99%
10/11/2024DZ Bank
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 DowngradeBuy ➝ Hold$49.00+2.75%
10/1/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$53.00 ➝ $61.00+36.04%
9/25/2024Morgan Stanley
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 DowngradeEqual Weight ➝ Underweight$47.00 ➝ $42.00-12.63%
9/10/2024Deutsche Bank Aktiengesellschaft
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 Reiterated RatingHold$53.00+11.81%
9/5/2024Wolfe Research
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E. Rosner
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Initiated CoveragePeer Perform
8/5/2024Nomura Securities
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A. Das
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UpgradeStrong Sell
6/12/2024Bank of America
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 Reiterated RatingBuy ➝ Buy$75.00 ➝ $75.00+55.57%
4/24/2024Citigroup
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 Boost TargetBuy ➝ Buy$95.00 ➝ $96.00+112.91%
4/24/2024Piper Sandler
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 Boost TargetNeutral ➝ Neutral$44.00 ➝ $45.00+0.29%
4/24/2024Mizuho
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 Boost TargetBuy ➝ Buy$48.00 ➝ $52.00+15.30%
2/15/2024Tigress Financial
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 Boost TargetStrong-Buy ➝ Strong-Buy$86.00 ➝ $88.00+125.64%
1/24/2024Redburn Atlantic
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 Initiated CoverageNeutral$40.00+13.54%
12/4/2023HSBC
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 Initiated CoverageBuy$41.30+27.63%
10/25/2023Benchmark
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 Reiterated RatingBuy ➝ Buy$60.00+115.21%
7/7/2023Jefferies Financial Group
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 Boost Target$37.00 ➝ $39.00-1.17%
1/30/2023Berenberg Bank
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 DowngradeBuy ➝ Hold$45.00 ➝ $41.00+8.04%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 02:56 AM ET.


Should I Buy General Motors Stock? GM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, November 6, 2024. Please send any questions or comments about these General Motors pros and cons to contact@marketbeat.com.

General Motors
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in General Motors:

  • General Motors has shown resilience in the market, with a consistent track record of growth and profitability, making it a stable investment option.
  • Recent institutional investments in General Motors indicate confidence from major financial entities, signaling a positive outlook for the company's future performance.
  • General Motors' focus on innovation and technology, particularly in electric vehicles and autonomous driving, positions it well in the evolving automotive industry, offering long-term growth potential.
  • The current stock price of General Motors presents a favorable entry point for investors looking to capitalize on potential future gains.
  • With a diversified product portfolio and global presence, General Motors is well-positioned to navigate market fluctuations and capitalize on emerging opportunities.

General Motors
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in General Motors for these reasons:

  • General Motors faces intense competition in the automotive industry, which could impact its market share and profitability in the long run.
  • The cyclical nature of the automotive sector may expose General Motors to economic downturns, affecting its financial performance and stock value.
  • Concerns about supply chain disruptions and semiconductor shortages could hinder General Motors' production capacity and lead to potential revenue losses.
  • Regulatory changes and environmental policies may pose challenges for General Motors, especially in terms of compliance costs and adapting to new industry standards.
  • Fluctuations in raw material prices, such as steel and aluminum, could impact General Motors' manufacturing costs and overall profitability.

GM Forecast - Frequently Asked Questions

According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for General Motors is $56.92, with a high forecast of $96.00 and a low forecast of $34.00.

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for General Motors in the last twelve months. There are currently 4 sell ratings, 6 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GM, but not buy additional shares or sell existing shares.

According to analysts, General Motors's stock has a predicted downside of -2.74% based on their 12-month stock forecasts.

Over the previous 90 days, General Motors's stock had 3 downgrades by analysts.

Analysts like General Motors less than other "auto/tires/trucks" companies. The consensus rating score for General Motors is 2.38 while the average consensus rating score for "auto/tires/trucks" companies is 2.49. Learn more on how GM compares to other companies.


This page (NYSE:GM) was last updated on 11/23/2024 by MarketBeat.com Staff
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