Free Trial

General Motors (GM) Stock Forecast & Price Target

General Motors logo
$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

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.
Get the Latest News and Ratings for GM and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for General Motors and its competitors.

Sign Up

GM Analyst Ratings Over Time

TypeCurrent Forecast
11/28/23 to 11/27/24
1 Month Ago
10/29/23 to 10/28/24
3 Months Ago
8/30/23 to 8/29/24
1 Year Ago
11/28/22 to 11/28/23
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 Upside3.89% Upside7.98% Upside11.47% Upside75.38% Upside
Consensus Rating
Hold
Hold
Moderate Buy
Moderate Buy
This Bull Market Indicator called NVDA at $116 (Ad)

Every now and again we find an investment idea so incredible we can’t help but share. And today is one of those rare days… Except, today we won't be giving you insight on any one particular stock… But rather, insight on a revolutionary new stock picking indicator… In fact, within the last year, this indicator has become famous for a multitude of reasons… But one of the biggest was because of the buy signal it issued on October 18th, 2022. In fact, on that very day, it said to buy NVDA at $116.37… Anyone who did would be sitting on a tremendously large return today… But even if you missed the original buy signal from October, this incredible indicator issued 11 other buy signals while Nvidia made its epic run…

All you have to do is follow this link here

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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

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 Upside3.89% Upside277.53% Upside6.73% 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
Subscribe to MarketBeat All Access for the recommendation accuracy rating
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
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperform ➝ Outperform$55.00 ➝ $60.00+12.76%
10/23/2024UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$58.00 ➝ $62.00+16.52%
10/23/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetUnderweight ➝ Underweight$33.00 ➝ $38.00-28.69%
10/23/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$64.00 ➝ $70.00+30.99%
10/11/2024DZ Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Hold$49.00+2.75%
10/1/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$53.00 ➝ $61.00+36.04%
9/25/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeEqual Weight ➝ Underweight$47.00 ➝ $42.00-12.63%
9/10/2024Deutsche Bank Aktiengesellschaft
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingHold$53.00+11.81%
9/5/2024Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
E. Rosner
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoveragePeer Perform
8/5/2024Nomura Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
A. Das
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong Sell
6/12/2024Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Buy$75.00 ➝ $75.00+55.57%
4/24/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$95.00 ➝ $96.00+112.91%
4/24/2024Piper Sandler
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$44.00 ➝ $45.00+0.29%
4/24/2024Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$48.00 ➝ $52.00+15.30%
2/15/2024Tigress Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetStrong-Buy ➝ Strong-Buy$86.00 ➝ $88.00+125.64%
1/24/2024Redburn Atlantic
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageNeutral$40.00+13.54%
12/4/2023HSBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy$41.30+27.63%
10/25/2023Benchmark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy ➝ Buy$60.00+115.21%
7/7/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$37.00 ➝ $39.00-1.17%
1/30/2023Berenberg Bank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 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 Wednesday at 04:43 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 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

green Wall Street bull icon

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

red Wall Street bear icon

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 analysts have issued "buy," "hold," and "sell" ratings for General Motors in the last year. 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 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.

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 11/27/2024 by MarketBeat.com Staff
From Our Partners