Upside case
Bull case
$338+326.3%
GM would need investors to value it at roughly 26x earnings — about 20x more generous than today's 6x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated Jun 18, 2026
General Motors Company (GM) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
51
analysts
33 bullish · 4 bearish · 51 covering GM
Strong Buy
2
Buy
31
Hold
14
Sell
4
Strong Sell
0
Consensus Target
$94
+18.3% vs today
Scenario Range
$162 – $338
Model bear to bull value window
Coverage
51
Published analyst ratings
Valuation Context
6.2x
Forward P/E · Market cap $71.5B
GM price targets
Three scenarios for where GM stock could go
Current
~$79
Confidence
50 / 100
Updated
Jun 18, 2026
Where we are now
Current · $79
Bear
$162
Base
$257
Bull
$338
Market caseClosest to today
Base case
$257+223.5%
At 20x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$162+103.8%
The bear case assumes sentiment or fundamentals disappoint enough to push GM down roughly 104% from the current price.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
General Motors Company
GM · NYSEConsumer CyclicalAuto - ManufacturersDecember year-end
General Motors is a global automotive manufacturer that designs, builds, and sells vehicles under brands like Chevrolet, Cadillac, Buick, and GMC. It generates revenue primarily from vehicle sales — with North America contributing about 80% of automotive revenue — supplemented by financing operations through GM Financial and connected services. The company's competitive advantage lies in its massive scale and manufacturing efficiency, established dealer network, and growing investments in electric vehicles and autonomous driving technology through its Cruise subsidiary.
Market Cap
$71.5B
Revenue TTM
$184.6B
Net Income TTM
$2.5B
Net Margin
1.4%
GM Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
100%Exceptional
12 quarters tracked
Revenue Beat Rate
92%Exceptional
vs consensus estimates
Avg EPS Surprise
+15.3%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 4 of 4Q3 2025
EPS
$2.53/$2.34
Revenue
$47.1B/$46.0B
Q4 2025
EPS
$2.80/$2.29
Revenue
$48.6B/$45.0B
Q1 2026
EPS
$2.51/$2.26
Revenue
$45.3B/$46.1B
Q2 2026
EPS
$3.70/$2.61
Revenue
$43.6B/$43.5B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $2.53/$2.34 | +8.1% | $47.1B/$46.0B | +2.4% |
| Q4 2025 | $2.80/$2.29 | +22.3% | $48.6B/$45.0B | +7.9% |
| Q1 2026 | $2.51/$2.26 | +11.1% | $45.3B/$46.1B | -1.8% |
| Q2 2026 | $3.70/$2.61 | +41.8% | $43.6B/$43.5B | +0.3% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$187.7B
+1.7% YoY
FY2
$193.4B
+3.0% YoY
EPS Outlook
FY1
$8.34
+201.8% YoY
FY2
$10.29
+23.4% YoY
Trailing FCF (TTM)$12.5B
FCF Margin: 6.8%
Next Earnings
July 21, 2026
Expected EPS
$3.19
Expected Revenue
$46.9B
GM beat EPS estimates in 4 of 4 tracked quarters. A perfect track record raises the bar for the upcoming report.
GM Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $352.8B
Product Mix
Latest annual revenue by segment or product family
GMNA
91.4%
+104.6% YoY
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
UNITED STATES
82.2%
-1.7% YoY
Tap, hover, or focus a slice to inspect segment detail.
GMNA is the largest disclosed segment at 91.4% of FY 2025 revenue, up 104.6% YoY.
UNITED STATES is the largest reported region at 82.2%, down 1.7% YoY.
GM Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Cheap versus peers
Fair value est. $98 — implies +23.8% from today's price.
Upside to Fair Value
23.8%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
GM
24.2x
vs
S&P 500
24.4x
In line with benchmark
vs Consumer Cyclical Trailing P/E
GM
24.2x
vs
Consumer Cyclical
21.2x
+15% premium
vs GM 5Y Avg P/E
Today
24.2x
vs
5Y Average
10.5x
+131% premium
Forward PE
6.2x
S&P 500
18.8x
-67%
Consumer Cyclical
16.3x
-62%
5Y Avg
—
—
Trailing PE
24.2x
S&P 500
24.4x
-1%
Consumer Cyclical
21.2x
+15%
5Y Avg
10.5x
+131%
PEG Ratio
—
S&P 500
1.66x
—
Consumer Cyclical
0.92x
—
5Y Avg
—
—
EV/EBITDA
10.3x
S&P 500
15.2x
-32%
Consumer Cyclical
12.2x
-15%
5Y Avg
8.0x
+30%
Price/FCF
6.5x
S&P 500
20.7x
-69%
Consumer Cyclical
15.6x
-59%
5Y Avg
7.1x
-10%
Price/Sales
0.4x
S&P 500
3.1x
-88%
Consumer Cyclical
0.7x
-45%
5Y Avg
0.4x
-5%
Dividend Yield
0.85%
S&P 500
1.91%
-55%
Consumer Cyclical
2.17%
-61%
5Y Avg
0.83%
+2%
| Metric | GM | S&P 500 | Consumer Cyclical | 5Y Avg GM |
|---|---|---|---|---|
| Forward PE | 6.2x | 18.8x-67% | 16.3x-62% | — |
| Trailing PE | 24.2x | 24.4x | 21.2x+15% | 10.5x+131% |
| PEG Ratio | — | 1.66x | 0.92x | — |
| EV/EBITDA | 10.3x | 15.2x-32% | 12.2x-15% | 8.0x+30% |
| Price/FCF | 6.5x | 20.7x-69% | 15.6x-59% | 7.1x |
| Price/Sales | 0.4x | 3.1x-88% | 0.7x-45% | 0.4x |
| Dividend Yield | 0.85% | 1.91% | 2.17% | 0.83% |
GM trades above S&P 500 benchmarks on 0 of 5 measured multiples — appears modestly priced relative to the S&P 500 on most measures.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolGM Financial Health
Verdict
Stressed
GM returns 9.3% of market cap to shareholders annually.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$184.6B
Revenue Growth
TTM vs prior year
-2.0%
Gross Margin
Gross profit as a share of revenue
6.1%
Operating Margin
Operating income divided by revenue
1.3%
Net Margin
Net income divided by revenue
1.4%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$2.76
Free Cash Flow (TTM)
Cash generation after capex
$12.5B
FCF Margin
FCF as share of revenue — the primary cash quality signal
6.8%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
1.3%
ROA
Return on assets, trailing twelve months
0.9%
Cash & Equivalents
Liquid assets on the balance sheet
$20.9B
Net Debt
Total debt minus cash
$109.3B
Debt Serviceability
Net debt as a multiple of annual free cash flow
8.8× FCF
~8.8 years to full repayment at current FCF run-rate
ROE *
Return on equity, trailing twelve months
3.8%
* Elevated by buyback-compressed equity — compare ROIC (1.3%) for an undistorted picture of capital efficiency.
Shareholder Returns
How capital is returned to owners
Total shareholder yield
9.3%
Dividend
0.9%
Buyback
8.4%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$6.0B
Dividend / Share
Annualized trailing dividend per share
$0.68
Payout Ratio
Share of earnings distributed as dividends
24.4%
Shares Outstanding
Declining as buybacks retire shares
902M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt). ROE marked * where buyback-compressed equity base may inflate the figure.
Open full ratios pageGM Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated June 17, 2026
High Risk
EV Strategy Execution
General Motors faces challenges in navigating the electric vehicle landscape while maintaining its traditional business, which could impact long-term growth.
Medium
Tariff Cost Uncertainty
Although current tariff costs are below guidance, future estimates remain a concern, potentially affecting profitability.
Medium
Market Competition
Increased competition in both traditional and electric vehicle markets could pressure GM's market share and margins.
Lower
Cash Flow Confidence
Recent dividend boosts and share buybacks signal strong cash flow, but reliance on continued performance poses a risk if conditions worsen.
High Risk
Regulatory Risks
Potential regulatory changes, especially in the EV sector, could impose additional costs or operational constraints on GM.
Medium
Guidance Execution
While GM has raised full-year guidance, failure to meet these targets could lead to investor skepticism and stock volatility.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why GM Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated June 17, 2026
Undervalued stock metrics
GM's trailing and forward P/E ratios of 9.06 and 6.07 respectively suggest the stock may be undervalued relative to earnings potential.
Bullish analyst coverage
Multiple bullish theses on GM have appeared in investment publications like Fixed Income Beacon's Substack, indicating positive sentiment among analysts.
Established market position
GM maintains a strong corporate identity as one of the world's most recognizable automobile companies with decades of industry presence.
Narrow economic moat
The company possesses a narrow moat, suggesting some competitive advantages that protect its market position and profitability.
Institutional investor interest
Analysis of institutional ownership indicates professional investors maintain positions in GM, signaling confidence in the company.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
GM Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$79.29
52W Range Position
79%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$47.63
+66.5% from the low
52-Week High
$87.62
-9.5% from the high
1 Month
+8.47%
3 Month
+7.83%
YTD
-2.1%
1 Year
+64.9%
3Y CAGR
+28.6%
5Y CAGR
+6.2%
10Y CAGR
+10.3%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
GM vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
6.2x
vs 8.4x median
-26% below peer median
Revenue Growth
+1.7%
vs +6.7% median
-75% below peer median
Net Margin
1.4%
vs -2.0% median
+169% above peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
GM GM General Motors Company | $71.5B | 6.2x | +1.7% | 1.4% | Buy | +18.3% |
F F Ford Motor Company | $55.0B | 8.4x | +2.0% | -3.2% | Hold | +5.1% |
STL STLA Stellantis N.V. | $18.4B | 8.6x | +4.9% | -6.2% | Hold | +66.6% |
TM TM Toyota Motor Corporation | $226.7B | 0.1x | +8.2% | 7.6% | Hold | +3.1% |
HMC HMC Honda Motor Co., Ltd. | $34.1B | 0.1x | +6.7% | -2.0% | Hold | +20.0% |
TSL TSLA Tesla, Inc. | $1.50T | 212.2x | +8.2% | 4.0% | Hold | +12.5% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
GM Dividend and Capital Return
GM returns capital mainly through $6.0B/year in buybacks (8.4% buyback yield), with a modest 0.85% dividend — combining for 9.3% total shareholder yield.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
9.3%
Dividend + buyback return per year
Buyback Yield
8.4%
Dividend Yield
0.85%
Payout Ratio
24.4%
How GM Splits Its Return
Buyback 8.4%
Dividend 0.85%Buybacks 8.4%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$0.68
Growth Streak
Consecutive years of dividend increases
3Y
3Y Div CAGR
46.8%
5Y Div CAGR
8.4%
Ex-Dividend Date
—
Payment Cadence
Quarterly
4 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$6.0B
Estimated Shares Retired
76M
Approx. Share Reduction
8.4%
Shares Outstanding
Current diluted share count from the screening snapshot
902M
At 8.4%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2026 | $0.36 | — | — | — |
| 2025 | $0.57 | +18.8% | 7.6% | 8.5% |
| 2024 | $0.48 | +33.3% | 11.7% | 12.8% |
| 2023 | $0.36 | +100.0% | 22.6% | 23.8% |
| 2022 | $0.18 | — | 5.1% | 5.9% |
FAQ
7 questionsGM Investor Questions
Common questions answered from live analyst data and company financials.
01Is General Motors Company (GM) stock a buy or sell in 2026?
General Motors Company (GM) is rated Buy by Wall Street analysts as of 2026. Of 51 analysts covering the stock, 33 rate it Buy or Strong Buy, 14 rate it Hold, and 4 rate it Sell or Strong Sell. The consensus 12-month price target is $94, implying +18.3% from the current price of $79. The bear case scenario is $162 and the bull case is $338.
02What is the GM stock price target for 2026?
The Wall Street consensus price target for GM is $94 based on 51 analyst estimates. The high-end target is $110 (+38.7% from today), and the low-end target is $59 (-25.6%). The base case model target is $257.
03Is General Motors Company (GM) stock overvalued in 2026?
GM trades at 6.2x times forward earnings. The stock's valuation is broadly in line with the broader market. Based on current multiples versus the peer group, the relative model signals cheap versus peers. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for General Motors Company (GM) stock in 2026?
The primary risks for GM in 2026 are: (1) EV Strategy Execution — General Motors faces challenges in navigating the electric vehicle landscape while maintaining its traditional business, which could impact long-term growth. (2) Regulatory Risks — Potential regulatory changes, especially in the EV sector, could impose additional costs or operational constraints on GM. (3) Tariff Cost Uncertainty — Although current tariff costs are below guidance, future estimates remain a concern, potentially affecting profitability. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is General Motors Company's revenue and earnings forecast?
Analyst consensus estimates GM will report consensus revenue of $187.7B (+1.7% year-over-year) and EPS of $8.34 (+201.8% year-over-year) for the upcoming fiscal year. The following year, analysts project $193.4B in revenue.
06When does General Motors Company (GM) report its next earnings?
General Motors Company is expected to report its next earnings on approximately 2026-07-21. Consensus expects EPS of $3.19 and revenue of $46.9B. Over recent quarters, GM has beaten EPS estimates 100% of the time.
07How much free cash flow does General Motors Company generate?
General Motors Company (GM) generated $12.5B in free cash flow over the trailing twelve months — a free cash flow margin of 6.8%. GM returns capital to shareholders through dividends (0.9% yield) and share repurchases ($6.0B TTM).