General Motors (NYSE:GM) Issues Quarterly Earnings Results

General Motors (NYSE:GM) (TSE:GMM.U) posted its quarterly earnings results on Tuesday. The auto manufacturer reported $3.70 EPS for the quarter, topping the consensus estimate of $3.69 by $0.01, Zacks reports. General Motors had a net margin of 1.05% and a return on equity of 18.18%.

General Motors Trading Down 1.6%

NYSE:GM opened at $82.60 on Tuesday. General Motors has a 1 year low of $57.68 and a 1 year high of $91.85. The stock has a market cap of $72.48 billion, a P/E ratio of 41.72, a P/E/G ratio of 0.46 and a beta of 1.40. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.97 and a current ratio of 1.14. The stock has a 50-day simple moving average of $84.23 and a 200-day simple moving average of $81.22.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $101.00 target price on shares of General Motors in a report on Friday, October 9th. Morgan Stanley upped their price target on General Motors from $100.00 to $101.00 and gave the stock an “overweight” rating in a report on Wednesday, July 22nd. Barclays increased their price target on General Motors from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. JPMorgan Chase & Co. cut their target price on shares of General Motors from $120.00 to $110.00 and set an “overweight” rating on the stock in a research note on Monday, October 12th. Finally, Wells Fargo & Company lifted their price target on shares of General Motors from $60.00 to $61.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, General Motors currently has an average rating of “Moderate Buy” and a consensus target price of $101.18.

Insider Buying and Selling at General Motors

In other General Motors news, EVP Rory Harvey sold 8,882 shares of the stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $86.95, for a total value of $772,289.90. Following the transaction, the executive vice president directly owned 28,513 shares in the company, valued at $2,479,205.35. This represents a 23.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Mark L. Reuss sold 71,079 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total transaction of $6,394,977.63. Following the completion of the transaction, the president owned 92,293 shares in the company, valued at $8,303,601.21. This represents a 43.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 549,665 shares of company stock worth $49,010,828. 0.44% of the stock is currently owned by corporate insiders.

General Motors News Roundup

Here are the key news stories impacting General Motors this week:

• Positive Sentiment: GM reported third-quarter revenue of $50.0 billion, net income attributable to stockholders of $3.3 billion and adjusted EBIT of $4.1 billion. Core profit increased 22%, supported by strong pickup-truck demand, indicating resilient pricing and product mix. GM releases 2026 third-quarter results and updates full-year 2026 guidance
• Positive Sentiment: The board approved a new $20 billion share-repurchase authorization and declared a quarterly dividend. The buyback could support earnings per share and signals management’s view that GM’s stock is undervalued despite cooling auto sales. General Motors Plans $20 Billion in Buybacks to Shore Up Share Price
• Positive Sentiment: Analysts had expected another earnings beat, driven by disciplined pricing, software growth and a still-solid U.S. market. The reported results and truck strength reinforce that thesis. GM’s core profit rises 22% on strength of pickup-truck business
• Neutral Sentiment: GM added Apple Wallet digital-key support for select vehicles, a convenience and connected-car feature that may modestly improve customer experience but is unlikely to materially affect near-term financial results. GM Adds Apple Wallet Digital Key Support For Select New Vehicles
• Negative Sentiment: GM Financial’s third-quarter net income declined to $487 million from $589 million a year earlier, while nine-month earnings fell to $1.4 billion from $1.6 billion. The deterioration raises concerns about financing profitability and credit conditions. GM Financial Reports Third Quarter 2026 Operating Results
• Negative Sentiment: GM narrowed its full-year 2026 adjusted EBIT guidance range, which can suggest less flexibility amid uncertain sales, pricing and costs. Reports that a Lansing plant could halt production for up to 18 months, with roughly 350 layoffs, add to operational concerns. GM’s Lansing Plant May Go Quiet After Cadillac CT5 Production Ends

General Motors Company Profile

General Motors Company (NYSE: GM) is a global automotive company headquartered in Detroit, Michigan. Founded in 1908, GM designs, manufactures and sells vehicles and related services through brands including Chevrolet, Buick, GMC and Cadillac.

GM’s product lineup includes passenger cars, pickup trucks, sport utility vehicles, commercial vehicles and electric vehicles. The company is also developing connected-vehicle technologies, driver-assistance systems and charging and energy-management solutions.