General Motors
GM

$44.12

0.07%

Market Cap: 50.3B

About: General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its U.S. market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021. 2023's share was 16.5%. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. It should restart in at least one city in 2024. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.

Employees: 163,000

Consumer Discretionary Motor Vehicles & Passenger Car Bodies

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 27 analysts

0

News positive %

of 128 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

35% more funds holding in top 10

Funds holding in top 10: 26 [Q4 2023] → 35 (+9) [Q1 2024]

19% more capital invested

Capital invested by funds: $38.4B [Q4 2023] → $45.5B (+$7.18B) [Q1 2024]

13% more first-time investments, than exits

New positions opened: 159 | Existing positions closed: 141

9.09% more ownership

Funds ownership: 77.98% [Q4 2023] → 87.07% (+9.09%) [Q1 2024]

1% more funds holding

Funds holding: 1,207 [Q4 2023] → 1,225 (+18) [Q1 2024]

7% more call options, than puts

Call options by funds: $3.82B | Put options by funds: $3.57B

13% less repeat investments, than reductions

Existing positions increased: 421 | Existing positions reduced: 484

See Fund Rankings

Research analyst outlook

27 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$28

37%

downside

Avg. target

$53

21%

upside

High target

$96

118%

upside

27 analyst ratings

20 positive

74%

3 neutral

11%

4 negative

15%

Wedbush Daniel Ives	25%upside $55	Outperform Reiterated	24 Jul 2024
Wells Fargo Colin Langan	23%downside $34	Underweight Maintained	24 Jul 2024
JP Morgan Ryan Brinkman	38%upside $61	Overweight Maintained	24 Jul 2024
Morgan Stanley Adam Jonas	7%upside $47	Equal-Weight Downgraded	24 Jul 2024
UBS Patrick Hummel	45%upside $64	Buy Maintained	10 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 128 articles about GM published over the past 30 days

Did General Motors Company Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - GM

NEW YORK, NY / ACCESSWIRE / July 26, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of General Motors Company ("General Motors") (NYSE:GM) concerning possible violations of federal securities laws. GM filed a petition in 2022, with the National Highway Traffic Safety Administration seeking permission to deploy up to 2,500 self-driving Origin vehicles annually without human controls such as a steering wheel, brake pedals or mirrors.

Did General Motors Company Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - GM

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of General Motors Company - GM

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of General Motors Company (“GM” or the “Company”) (NYSE: GM). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of General Motors Company - GM

Zacks Investment Research

General Motors (GM) is an Incredible Growth Stock: 3 Reasons Why

General Motors (GM) possesses solid growth attributes, which could help it handily outperform the market.

General Motors (GM) is an Incredible Growth Stock: 3 Reasons Why

Zacks Investment Research

Is General Motors (GM) a Buy as Wall Street Analysts Look Optimistic?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Is General Motors (GM) a Buy as Wall Street Analysts Look Optimistic?

Zacks Investment Research

General Motors (GM) Dips 11% Since Q2 Results: Time to Buy?

U.S. legacy automaker General Motors GM reported second-quarter 2024 results on Jul 23, before the opening bell. Since then, shares of the company have declined 11% despite better-than-expected earnings and sales and a raised full-year outlook.

General Motors (GM) Dips 11% Since Q2 Results: Time to Buy?

Ford and GM stocks crash: Is the U.S. auto industry about to collapse?

Recent earnings releases for some U.S. automotive giants fell short of expectations. Ford (NYSE: F) reported a miss on earnings, while experts expect that General Motors (NYSE: GM) will have limited growth in the second half of 2024 despite a better-than-expected Q2 report.

Ford and GM stocks crash: Is the U.S. auto industry about to collapse?

The Motley Fool

GM's $600 Million Robotaxi Problem

Cruise Origin was an icon of autonomous driving, and now it may be gone.

GM's $600 Million Robotaxi Problem

GM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed

The 2025 Chevy Corvette ZR1 will be powered by a twin-turbocharged, 5.5-liter, V8 engine capable of more than 1,000 horsepower — a first for Corvette — and 828 foot-pounds of torque. The ZR1 joins what GM is calling the "Corvette family," leveraging the reputation of the quintessential American sports car to boost revenue and sales.

GM reveals new Chevy Corvette with 1,000-plus horsepower and record top speed

GM Eyes ‘Winning New Customers' as EV Sales Soar

General Motors Chairman and CEO Mary Barra is focused on “winning new customers” as electric vehicle (EV) sales soared during the second quarter. In the second quarter GM reported a 40% year-over-year growth in U.S. EV deliveries, outpacing the industry's 11% increase.

GM Eyes ‘Winning New Customers' as EV Sales Soar

General Motors Company (GM) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates

NEW YORK, NY / ACCESSWIRE / July 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of General Motors Company ("General Motors") (NYSE:GM) concerning possible violations of federal securities laws. GM filed a petition in 2022, with the National Highway Traffic Safety Administration seeking permission to deploy up to 2,500 self-driving Origin vehicles annually without human controls such as a steering wheel, brake pedals or mirrors.

General Motors Company (GM) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates

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