General Motors (GM) Stock Forecast & Price Target

$54.78 -5.42 (-9.00%)

(As of 11/26/2024 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

Hold

Based on 21 Analyst Ratings

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
3.89% Upside

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 upside of 3.89% from the current price of $54.79.

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GM Analyst Ratings Over Time

Type	Current Forecast 11/27/23 to 11/26/24	1 Month Ago 10/28/23 to 10/27/24	3 Months Ago 8/29/23 to 8/28/24	1 Year Ago 11/27/22 to 11/27/23
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)	10 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	$56.92	$55.17	$50.67
Forecasted Upside	3.89% Upside	9.30% Upside	12.44% Upside	77.75% Upside
Consensus Rating	Hold	Hold	Moderate Buy	Moderate Buy

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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.

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.

General Motors Stock vs. The Competition

Type	General Motors	Auto/Tires/Trucks Companies	S&P 500
Consensus Rating Score	2.38	2.49	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	2.92% Upside	267.67% Upside	6.90% Upside
News Sentiment Rating	Positive News See Recent GM News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/25/2024	Sanford C. Bernstein 3 of 5 stars	D. Roeska Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform ➝ Market Perform	$53.00 ➝ $55.00	+4.36%
10/23/2024	Royal Bank of Canada 4 of 5 stars		Boost Target	Outperform ➝ Outperform	$58.00 ➝ $65.00	+22.92%
10/23/2024	JPMorgan Chase & Co. 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$64.00 ➝ $70.00	+33.03%
10/23/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$55.00 ➝ $60.00	+12.76%
10/23/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$58.00 ➝ $62.00	+16.52%
10/23/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underweight ➝ Underweight	$33.00 ➝ $38.00	-28.69%
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10/23/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$64.00 ➝ $70.00	+30.99%
10/11/2024	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$49.00	+2.75%
10/1/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$53.00 ➝ $61.00	+36.04%
9/25/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Equal Weight ➝ Underweight	$47.00 ➝ $42.00	-12.63%
9/10/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold	$53.00	+11.81%
9/5/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Rosner Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Peer Perform
8/5/2024	Nomura Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Das Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong Sell
6/12/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$75.00 ➝ $75.00	+55.57%
4/24/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$95.00 ➝ $96.00	+112.91%
4/24/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$44.00 ➝ $45.00	+0.29%
4/24/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$48.00 ➝ $52.00	+15.30%
2/15/2024	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy ➝ Strong-Buy	$86.00 ➝ $88.00	+125.64%
1/24/2024	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$40.00	+13.54%
12/4/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$41.30	+27.63%
10/25/2023	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$60.00	+115.21%
7/7/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$37.00 ➝ $39.00	-1.17%
1/30/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ 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 Tuesday at 06:29 PM 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 Sunday, November 24, 2024. Please send any questions or comments about these General Motors pros and cons to contact@marketbeat.com.

General Motors
Bull Case

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

General Motors recently reported a strong quarterly earnings performance, with an EPS of $2.96, surpassing analysts' expectations of $2.49. This indicates robust profitability and operational efficiency.
The current stock price is $58.53, reflecting a significant increase from its 12-month low of $27.93, suggesting positive market sentiment and potential for further growth.
Analysts have recently raised their price targets for General Motors, with several firms setting targets between $60.00 and $65.00, indicating confidence in the company's future performance.
The company has a low payout ratio of 5.12%, suggesting that it retains a significant portion of its earnings for reinvestment, which could lead to future growth and increased shareholder value.
General Motors has shown a year-over-year revenue increase of 10.5%, indicating strong demand for its products and effective market strategies.

General Motors
Bear Case

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

Insider selling has been notable, with CEO Mary T. Barra selling over 500,000 shares, which may raise concerns about the company's future prospects and insider confidence.
General Motors has received mixed ratings from analysts, with four analysts rating the stock as a sell, which could indicate potential risks in the stock's performance.
The company has a relatively high debt-to-equity ratio of 1.24, suggesting that it relies significantly on debt financing, which could pose risks in a rising interest rate environment.
Despite recent positive earnings, the stock has a price-to-earnings ratio of 6.24, which may indicate that it is undervalued, but could also suggest market skepticism about its growth potential.
General Motors operates in a highly competitive automotive market, facing challenges from both traditional competitors and new entrants in the electric vehicle space, which could impact its market share and 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 upside of 3.89% based on their 12-month stock forecasts.
: Over the previous 90 days, General Motors's stock had 3 downgrades by analysts.
: General Motors has been rated by research analysts at Barclays, Deutsche Bank Aktiengesellschaft, DZ Bank, JPMorgan Chase & Co., Morgan Stanley, Royal Bank of Canada, Sanford C. Bernstein, The Goldman Sachs Group, UBS Group, Wedbush, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: 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.

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This page (NYSE:GM) was last updated on 11/26/2024 by MarketBeat.com Staff

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General Motors (GM) Stock Forecast & Price Target