Upside case
Bull case
$422+453.9%
GM would need investors to value it at roughly 33x earnings — about 27x more generous than today's 6x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated May 1, 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
$92
+20.5% vs today
Scenario Range
$60 – $422
Model bear to bull value window
Coverage
51
Published analyst ratings
Valuation Context
6.0x
Forward P/E · Market cap $68.7B
GM price targets
Three scenarios for where GM stock could go
Current
~$76
Confidence
58 / 100
Updated
May 1, 2026
Where we are now
Current · $76
Bear
$60
Base
$194
Bull
$422
Market caseClosest to today
Base case
$194+154.4%
At 15x 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
$60-21.3%
If investor confidence fades or macro conditions deteriorate, a 1x multiple contraction could push GM down roughly 21% from where it trades now.
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
$68.7B
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
$193.7B
+3.2% YoY
EPS Outlook
FY1
$7.96
+188.2% YoY
FY2
$8.32
+4.5% YoY
Trailing FCF (TTM)$12.5B
FCF Margin: 6.8%
Next Earnings
—
Expected EPS
—
Expected Revenue
—
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
Significantly Undervalued
Fair value est. $203 — implies +168.3% from today's price.
Upside to Fair Value
168.3%
potential upside
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
GM
23.3x
vs
S&P 500
25.1x
7% discount
vs Consumer Cyclical Trailing P/E
GM
23.3x
vs
Consumer Cyclical
19.3x
+21% premium
vs GM 5Y Avg P/E
Today
23.3x
vs
5Y Average
10.5x
+122% premium
Forward PE
6.0x
S&P 500
19.1x
-68%
Consumer Cyclical
15.1x
-60%
5Y Avg
—
—
Trailing PE
23.3x
S&P 500
25.1x
-7%
Consumer Cyclical
19.3x
+21%
5Y Avg
10.5x
+122%
PEG Ratio
—
S&P 500
1.72x
—
Consumer Cyclical
0.91x
—
5Y Avg
—
—
EV/EBITDA
10.2x
S&P 500
15.2x
-33%
Consumer Cyclical
11.3x
-10%
5Y Avg
8.0x
+28%
Price/FCF
6.2x
S&P 500
21.1x
-71%
Consumer Cyclical
14.6x
-58%
5Y Avg
7.1x
-13%
Price/Sales
0.4x
S&P 500
3.1x
-88%
Consumer Cyclical
0.7x
-48%
5Y Avg
0.4x
-8%
Dividend Yield
0.89%
S&P 500
1.87%
-53%
Consumer Cyclical
2.23%
-60%
5Y Avg
0.83%
+7%
| Metric | GM | S&P 500 | Consumer Cyclical | 5Y Avg GM |
|---|---|---|---|---|
| Forward PE | 6.0x | 19.1x-68% | 15.1x-60% | — |
| Trailing PE | 23.3x | 25.1x | 19.3x+21% | 10.5x+122% |
| PEG Ratio | — | 1.72x | 0.91x | — |
| EV/EBITDA | 10.2x | 15.2x-33% | 11.3x-10% | 8.0x+28% |
| Price/FCF | 6.2x | 21.1x-71% | 14.6x-58% | 7.1x-13% |
| Price/Sales | 0.4x | 3.1x-88% | 0.7x-48% | 0.4x |
| Dividend Yield | 0.89% | 1.87% | 2.23% | 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 9.7% 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
9.7%
Dividend
0.9%
Buyback
8.8%
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 April 11, 2026
High Risk
Technology & Innovation
GM must continuously invest in R&D to launch competitive EVs and autonomous driving tech. Failure to deliver new products or achieve profitability without government incentives could erode market share and hurt earnings.
High Risk
Financial & Corporate
GM’s balance sheet shows a debt‑to‑equity ratio of 2.15 and an Altman Z‑Score of 1.23, placing it in the distress zone. This high leverage increases the risk of financial instability and limits capital flexibility.
Medium
Legal & Regulatory
GM faces evolving emissions, fuel‑economy, and safety standards, with compliance costs potentially rising sharply. Class‑action lawsuits over EV defects and recalls, plus FTC scrutiny of driver data collection, add legal and regulatory exposure.
Medium
Production & Supply Chain
Supplier disruptions can delay production schedules, and past incidents like the 2014 ignition‑switch recall underscore the need for stringent quality control. Production risks are below sector average but remain a concern.
Medium
Macroeconomic & Political
The cyclical automotive market makes GM vulnerable to economic downturns, high vehicle prices, and fluctuating interest rates. Tariffs and significant exposure to the Chinese market add geopolitical and market‑specific risk.
Medium
Cybersecurity & Data Security
GM’s connected vehicles and IT systems expose it to cyberattacks and data breaches, which could disrupt operations and damage brand reputation.
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 April 11, 2026
Strong Fundamentals & Market Share
GM has posted robust earnings in Q4 and FY 2024, outperforming expectations and capturing market share from competitors despite challenging conditions. The company’s guidance focuses on ramping up new model deliveries while improving EV profitability.
EV & Technology Investments
Strategic investments in electric vehicles, U.S. manufacturing, and battery capacity are expected to lift future earnings and margins. Partnerships with tech firms such as Nvidia are integrating AI into vehicle design and operations, positioning GM for future technological advancements.
Financial Performance & Shareholder Returns
GM’s Q4 2024 results exceeded Wall Street estimates, with FY EBIT‑adjusted net income at the high end of guidance. The company has aggressively returned capital to shareholders through share buybacks and dividend increases, recently approving a new repurchase authorization and raising its quarterly dividend.
Attractive Valuation Metrics
GM trades at a low price relative to its peers, with forward price‑to‑sales and price‑to‑cash‑flow ratios significantly below the sector average. Analysts suggest the stock is trading below intrinsic value, offering substantial upside potential.
Diversified Software & Services Revenue
Beyond vehicle sales, GM is expanding high‑margin recurring revenue through software and services such as OnStar and Super Cruise. GM Financial also contributes income via lending and leasing services, further diversifying the company’s revenue base.
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
$76.15
52W Range Position
73%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$44.84
+69.8% from the low
52-Week High
$87.62
-13.1% from the high
1 Month
+3.70%
3 Month
-8.58%
YTD
-6.0%
1 Year
+67.8%
3Y CAGR
+31.8%
5Y CAGR
+5.7%
10Y CAGR
+9.6%
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
6.0x
vs 8.4x median
-28% below peer median
Revenue Growth
+1.7%
vs +5.0% median
-67% below peer median
Net Margin
1.4%
vs 2.3% median
-41% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
GM GM General Motors Company | $68.7B | 6.0x | +1.7% | 1.4% | Buy | +20.5% |
F F Ford Motor Company | $45.8B | 7.4x | +2.5% | -3.2% | Hold | +19.5% |
STL STLA Stellantis N.V. | $20.9B | 9.4x | +2.8% | -6.2% | Hold | +49.4% |
TM TM Toyota Motor Corporation | $247.6B | 0.1x | +9.0% | 9.4% | Hold | -5.6% |
HMC HMC Honda Motor Co., Ltd. | $31.3B | — | +7.7% | 2.3% | Hold | +30.4% |
TSL TSLA Tesla, Inc. | $1.46T | 201.3x | +5.0% | 4.0% | Hold | +15.7% |
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 (8.8% buyback yield), with a modest 0.89% dividend — combining for 9.7% total shareholder yield.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
9.7%
Dividend + buyback return per year
Buyback Yield
8.8%
Dividend Yield
0.89%
Payout Ratio
24.4%
How GM Splits Its Return
Buyback 8.8%
Dividend 0.89%Buybacks 8.8%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$0.68
Growth Streak
Consecutive years of dividend increases
4Y
3Y Div CAGR
46.8%
5Y Div CAGR
8.4%
Ex-Dividend Date
—
Payment Cadence
Semi-Annual
5 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
79M
Approx. Share Reduction
8.8%
Shares Outstanding
Current diluted share count from the screening snapshot
902M
At 8.8%/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 $92, implying +20.5% from the current price of $76. The bear case scenario is $60 and the bull case is $422.
02What is the GM stock price target for 2026?
The Wall Street consensus price target for GM is $92 based on 51 analyst estimates. The high-end target is $110 (+44.5% from today), and the low-end target is $59 (-22.5%). The base case model target is $194.
03Is General Motors Company (GM) stock overvalued in 2026?
GM trades at 6.0x 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 significantly undervalued. 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) Technology & Innovation — GM must continuously invest in R&D to launch competitive EVs and autonomous driving tech. (2) Financial & Corporate — GM’s balance sheet shows a debt‑to‑equity ratio of 2. (3) Legal & Regulatory — GM faces evolving emissions, fuel‑economy, and safety standards, with compliance costs potentially rising sharply. 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 $7.96 (+188.2% year-over-year) for the upcoming fiscal year. The following year, analysts project $193.7B in revenue.
06When does General Motors Company (GM) report its next earnings?
A confirmed upcoming earnings date for GM is not yet available. Check the Earnings section above for the most recent quarterly report dates and forward estimates.
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).