Erste Group Bank Predicts General Motors FY2026 Earnings

General Motors Company (NYSE:GM) (TSE:GMM.U) – Equities research analysts at Erste Group Bank cut their FY2026 earnings per share estimates for General Motors in a research note issued on Wednesday, October 21st. Erste Group Bank analyst S. Lingnau now anticipates that the auto manufacturer will post earnings per share of $13.58 for the year, down from their previous forecast of $13.60. The consensus estimate for General Motors’ current full-year earnings is $13.39 per share.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings results on Tuesday, October 20th. The auto manufacturer reported $3.70 earnings per share for the quarter, topping analysts’ consensus estimates of $3.69 by $0.01. The company had revenue of $50.02 billion during the quarter, compared to analyst estimates of $48.78 billion. General Motors’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.80 EPS.

GM has been the subject of several other reports. UBS Group reduced their target price on General Motors from $112.00 to $109.00 and set a “buy” rating for the company in a report on Wednesday, October 21st. Yorkville Ives assumed coverage on General Motors in a research report on Monday, October 5th. They set an “outperform” rating and a $100.00 target price for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of General Motors in a report on Thursday, October 15th. The Goldman Sachs Group lowered their price target on General Motors from $112.00 to $96.00 and set a “buy” rating on the stock in a report on Wednesday, October 21st. Finally, Royal Bank Of Canada dropped their price target on shares of General Motors from $102.00 to $98.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $101.37.

General Motors Price Performance

Shares of NYSE GM opened at $80.64 on Monday. The business’s 50-day simple moving average is $83.07 and its 200-day simple moving average is $80.60. General Motors has a 52 week low of $66.75 and a 52 week high of $91.85.

Institutional Trading of General Motors

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in shares of General Motors during the second quarter worth approximately $5,958,995,000. Dimensional Fund Advisors LP boosted its position in shares of General Motors by 0.5% in the first quarter. Dimensional Fund Advisors LP now owns 14,225,518 shares of the auto manufacturer’s stock valued at $1,059,668,000 after acquiring an additional 77,100 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of General Motors by 1.2% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 8,559,990 shares of the auto manufacturer’s stock worth $659,804,000 after acquiring an additional 101,885 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of General Motors in the second quarter worth $629,465,000. Finally, Legal & General Group Plc bought a new position in General Motors during the second quarter worth $599,066,000. Institutional investors and hedge funds own 92.67% of the company’s stock.

Insider Activity

In related news, EVP Grant Dixton sold 40,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $88.44, for a total transaction of $3,537,600.00. Following the completion of the transaction, the executive vice president owned 54,992 shares of the company’s stock, valued at approximately $4,863,492.48. The trade was a 42.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.44% of the company’s stock.

General Motors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Friday, December 4th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, December 4th.

General Motors declared that its board has approved a stock buyback plan on Tuesday, October 20th that authorizes the company to repurchase $20 billion in shares. This buyback authorization authorizes the auto manufacturer to buy up to 27.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board believes its shares are undervalued.

General Motors News Summary

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

• Positive Sentiment: GM announced that its common stock will transfer from the New York Stock Exchange to the Nasdaq Global Select Market on November 17, while retaining the “GM” ticker. The move could broaden the company’s appeal to technology-focused investors and may make GM eligible for Nasdaq-100 consideration, potentially attracting index-related demand. Shareholders do not need to take action. GM will switch to Nasdaq from the NYSE on Nov. 17
• Positive Sentiment: GM is shifting toward hybrid-electric vehicles after heavy investment in EVs. It plans to offer hybrid versions of popular three-row SUVs and invest in its Lansing Delta Township plant for future hybrid production. The strategy could help GM capture customers who want better fuel economy but remain reluctant to buy fully electric vehicles. GM plans to offer hybrid SUVs in strategic pivot
• Positive Sentiment: GM’s next-generation Silverado is expected to use a more centralized computer architecture, potentially reducing dealership visits and supporting software, connected-vehicle and over-the-air update revenue. The company is also expanding “eyes-off” autonomous-driving plans to pickups and SUVs. GM expands eyes-off autonomous driving plans
• Neutral Sentiment: The Nasdaq transfer changes GM’s trading venue and investor positioning, but it does not directly change earnings, cash flow or vehicle demand. Eligibility for major Nasdaq indexes remains uncertain, and analysts debated whether the move makes GM more technology-oriented.
• Negative Sentiment: The hybrid pivot may highlight challenges in GM’s earlier EV strategy and could involve added retooling and execution costs. A separate Silverado owner lawsuit alleging an oil-cooler failure adds a potential warranty and reputational risk, although the financial impact is not yet clear. Silverado owner sues GM over oil-cooler failure

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.