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General Motors
GM

$47.72
0.1%
 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 23 analysts
0
News positive %
of 87 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

Research analyst outlook

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

Low target
$28
41%
downside
Avg. target
$54
12%
upside
High target
$96
101%
upside

23 analyst ratings

18 positive
78%
neutral
13%
negative
9%
UBS
Patrick Hummel
28%upside
$61
Buy
Maintained
20 Jun 2024
B of A Securities
John Murphy
57%upside
$75
Buy
Maintained
12 Jun 2024
Barclays
Dan Levy
26%upside
$60
Overweight
Maintained
26 Apr 2024
Bernstein
Daniel Roeska
15%upside
$55
Outperform
Initiated
25 Apr 2024
RBC Capital
Tom Narayan
22%upside
$58
Outperform
Maintained
24 Apr 2024

Financial journalist opinion

Based on 87 articles about GM published over the past 30 days