General Motors (NYSE:GM) Announces FY 2026 Earnings Guidance

General Motors (NYSE:GM) (TSE:GMM.U) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 12.750-13.750 for the period, compared to the consensus earnings per share estimate of 13.440.

Analyst Upgrades and Downgrades

GM has been the topic of a number of recent analyst reports. Jefferies Financial Group raised shares of General Motors from a “hold” rating to a “buy” rating and lifted their price objective for the company from $90.00 to $99.00 in a research note on Monday, July 27th. Yorkville Ives began coverage on General Motors in a research note on Monday, October 5th. They issued an “outperform” rating and a $100.00 price target on the stock. Royal Bank Of Canada lowered their price target on General Motors from $102.00 to $98.00 and set an “outperform” rating for the company in a report on Wednesday. Truist Financial set a $105.00 price target on General Motors in a report on Wednesday, October 7th. Finally, Deutsche Bank Aktiengesellschaft set a $98.00 price objective on General Motors in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $99.86.

General Motors Stock Performance

Shares of GM stock opened at $77.16 on Friday. The business’s 50-day moving average price is $83.59 and its 200-day moving average price is $81.29. General Motors has a 12 month low of $66.57 and a 12 month high of $91.85. The firm has a market capitalization of $65.08 billion, a price-to-earnings ratio of 5.65, a PEG ratio of 0.42 and a beta of 1.40. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.32.

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 (EPS) for the quarter, beating the consensus estimate of $3.69 by $0.01. General Motors had a net margin of 2.12% and a return on equity of 19.36%. The firm had revenue of $50.02 billion during the quarter, compared to analysts’ expectations of $48.78 billion. During the same period in the prior year, the company posted $2.80 EPS. The company’s revenue was up 2.9% on a year-over-year basis. Equities research analysts forecast that General Motors will post 13.45 EPS for the current year.

General Motors Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Friday, December 4th will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Friday, December 4th. This represents a $0.72 annualized dividend and a yield of 0.9%. General Motors’s payout ratio is presently 36.36%.

General Motors announced that its board has approved a share repurchase plan on Tuesday, October 20th that authorizes the company to buy back $20.00 billion in outstanding shares. This repurchase authorization authorizes the auto manufacturer to repurchase up to 27.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its stock is undervalued.

Insider Transactions at General Motors

In other news, CAO Christopher Hatto sold 6,895 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $90.00, for a total value of $620,550.00. Following the completion of the sale, the chief accounting officer owned 18,899 shares of the company’s stock, valued at approximately $1,700,910. This represents a 26.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Grant Dixton sold 40,000 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $88.44, for a total value of $3,537,600.00. Following the transaction, the executive vice president owned 54,992 shares of the company’s stock, valued at $4,863,492.48. This trade represents a 42.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 549,665 shares of company stock worth $49,010,828. 0.44% of the stock is currently owned by insiders.

Key Headlines Impacting General Motors

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

• Positive Sentiment: GM reported third-quarter revenue of $50.02 billion and adjusted earnings of $3.70 per share, narrowly exceeding analyst expectations. Net income and adjusted EBIT also increased substantially from a year earlier. GM narrows 2026 EBIT guidance and approves $20 billion share repurchase
• Positive Sentiment: The board authorized a record $20 billion share repurchase, which could materially reduce the share count and provide support for earnings per share. GM also raised its 2026 cash-flow outlook. General Motors’ Q3 sales slipped and profits soared
• Positive Sentiment: GM’s technology strategy—faster vehicle development, more efficient batteries, AI-enabled software, improved OnStar services and eventual “eyes-off” driving—could create longer-term growth and higher-margin subscription revenue. The company says its next EVs may travel up to 20% farther using the same energy. GM aims to develop vehicles in as little as two years with AI and software
• Neutral Sentiment: GM is adjusting its product mix by bringing back hybrids while continuing to invest in EVs. Management acknowledged that electric trucks have sold below expectations, but continues to view them as strategically important. GM is bringing back hybrids after betting big on EVs
• Negative Sentiment: GM narrowed its 2026 earnings guidance to $12.75–$13.75 per share, below the roughly $13.44 consensus midpoint expectation. The unchanged operating-profit outlook disappointed investors despite the earnings beat. GM beat and added a $20 billion buyback—why did the stock fall?
• Negative Sentiment: Royal Bank of Canada lowered its GM price target from $102 to $98 while retaining an outperform rating. Analysts cited potential $1 billion–$1.5 billion of 2027 commodity and logistics cost inflation, along with execution risks surrounding major pickup launches. Royal Bank of Canada issues a pessimistic forecast for GM stock
• Negative Sentiment: Reports that GM and OnStar may have shared driver data without adequate consent create privacy, regulatory and reputational risks for the company’s connected-services business. GM and OnStar accused of selling data without consent

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.