General Motors (NYSE:GM) Announces Quarterly Earnings Results

General Motors (NYSE:GM) (TSE:GMM.U) posted its quarterly earnings results on Tuesday. The auto manufacturer reported $3.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.19 by $0.38, Briefing.com reports. The company had revenue of $48.03 billion for the quarter, compared to analyst estimates of $47.01 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%.General Motors’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the company earned $2.53 EPS. General Motors updated its FY 2026 guidance to 12.000-14.000 EPS.

Here are the key takeaways from General Motors’ conference call:

• GM raised its full-year 2026 outlook for the second time this year, now guiding to EBIT adjusted of $14 billion-$16 billion, EPS of $12-$14, and adjusted automotive free cash flow of $9.5 billion-$11.5 billion. Management said stronger pricing, better warranty performance, and a slightly improved commodity backdrop drove the increase.
• The company posted a strong first half, with $92 billion in revenue, $8.2 billion in EBIT adjusted, and EPS diluted adjusted up more than 35% year over year to a record $7.27. North America margin improved to 8.6%, putting GM back in its stated 8%-10% target range.
• GM continued to highlight momentum in its core truck and SUV businesses, including more than 42% U.S. full-size pickup share and record fleet deliveries. The company also said its next-generation Silverado and Sierra launches should further strengthen share, pricing, and profitability into 2027 and beyond.
• GM said its EV restructuring is substantially complete, with $10.9 billion of EV-related charges recorded since the second half of 2025 and roughly $7.2 billion expected to be cash impacting. The company expects EV losses to improve by $1 billion-$1.5 billion this year as it rightsizes capacity, but the reset underscores the scale of the transition.
• Beyond traditional auto sales, GM emphasized growing software and services revenue, with 1 million new subscriptions expected this year and more than $3 billion in recognized revenue. Management also highlighted scaling opportunities in GM Insurance and GM Defense, which it believes can diversify earnings and support margin expansion over time.

General Motors Stock Performance

Shares of General Motors stock opened at $82.23 on Thursday. The firm has a market capitalization of $74.15 billion, a P/E ratio of 41.53, a P/E/G ratio of 0.40 and a beta of 1.31. General Motors has a 52 week low of $49.87 and a 52 week high of $87.62. The company has a quick ratio of 0.99, a current ratio of 1.14 and a debt-to-equity ratio of 1.42. The firm’s 50 day moving average is $79.03 and its two-hundred day moving average is $78.83.

General Motors Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Friday, September 4th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, September 4th. General Motors’s dividend payout ratio is 29.03%.

General Motors News Summary

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

• Positive Sentiment: GM posted a big Q2 earnings beat, with EPS of $3.57 versus estimates around $3.19 and revenue of $48.03 billion above expectations. Management also raised 2026 EPS guidance to $12.00-$14.00, signaling confidence in demand and margins.
• Positive Sentiment: Results showed stronger North American profitability, helped by truck and SUV strength, disciplined incentives, pricing power, and lower EV losses. Investors are also reacting to comments that GM is finding new growth avenues in software, subscriptions, and even defense-related opportunities.
• Positive Sentiment: Analysts turned more constructive after the report, with JPMorgan raising its price target to $120 and maintaining an overweight rating. Other commentary highlighted GM’s ongoing share buybacks and improving cash generation as supportive for the stock.
• Neutral Sentiment: Some articles note that GM is still dealing with EV reset costs, tariff pressure, and broader auto-industry competition, including weaker brand perception around Cadillac and labor issues at GM Korea. Article Title
• Negative Sentiment: GM’s EV strategy remains under pressure, with write-downs and restructuring costs still weighing on reported profits even as the company says the worst may be behind it.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on GM shares. Wedbush restated an “outperform” rating and set a $95.00 target price on shares of General Motors in a research note on Monday, May 11th. Wolfe Research upgraded shares of General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 price target for the company in a research note on Wednesday, March 25th. Piper Sandler reissued an “overweight” rating and issued a $102.00 price objective on shares of General Motors in a research report on Wednesday, April 29th. TD Cowen raised their price objective on shares of General Motors from $126.00 to $132.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Wells Fargo & Company lifted their price objective on shares of General Motors from $60.00 to $61.00 and gave the stock an “underweight” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.59.

Insider Transactions at General Motors

In other news, CAO Christopher Hatto sold 6,895 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $85.00, for a total transaction of $586,075.00. Following the completion of the sale, the chief accounting officer owned 25,794 shares in the company, valued at approximately $2,192,490. The trade was a 21.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 99,239 shares of the company’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $85.10, for a total transaction of $8,445,238.90. Following the completion of the transaction, the chief executive officer owned 592,242 shares of the company’s stock, valued at approximately $50,399,794.20. The trade was a 14.35% decrease in their position. 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 quarter, insiders sold 697,388 shares of company stock worth $57,752,596. 0.54% of the stock is currently owned by insiders.

Hedge Funds Weigh In On General Motors

Several hedge funds have recently made changes to their positions in GM. Kelleher Financial Advisors acquired a new stake in shares of General Motors in the 3rd quarter valued at about $29,000. Kemnay Advisory Services Inc. purchased a new stake in General Motors in the fourth quarter valued at approximately $30,000. JPL Wealth Management LLC purchased a new stake in General Motors in the third quarter valued at approximately $32,000. Ameriflex Group Inc. boosted its holdings in shares of General Motors by 2,483.3% in the fourth quarter. Ameriflex Group Inc. now owns 465 shares of the auto manufacturer’s stock valued at $38,000 after acquiring an additional 447 shares during the period. Finally, Mcguire Capital Advisors Inc. acquired a new stake in shares of General Motors in the fourth quarter valued at approximately $44,000. Hedge funds and other institutional investors own 92.67% of the company’s stock.

General Motors Company Profile

General Motors Company (NYSE: GM) is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world’s largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM’s operations encompass vehicle financing, connected services and advanced mobility initiatives.

GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.