Wolfe Research Upgrades General Motors (GM) to Outperform

Wolfe Research analyst Emmanuel Rosner upgraded General Motors (NYSE: GM) from Peerperform to Outperform with a price target of $96.00.

The analyst comments "We upgrade GM to Outperform from Peer Perform, with a $96 target price. While 2026 could see small additional step-up in raw mats, investors may be underappreciating the magnitude of potential tailwinds into 2027. Those include the upcoming FS Pickup refresh (est $1.7 bn), further reduction in warranty, lower net tariff burden, and further improved EV losses. Altogether, we model 2026/27 EPS of $12.37 / $16.03. Applying GM’s recent average 6x forward P/E translates to a $96 target price (with growing Software & Services revs justifying pot’l multiple upside LT)."

For an analyst ratings summary and ratings history on General Motors click here. For more ratings news on General Motors click here.

Shares of General Motors closed at $76.57 yesterday.

You May Also Be Interested In

• JPMorgan Upgrades YDUQS Participacoes SA (YDUQ3:BZ) to Overweight
• JPMorgan Downgrades Anima Holding SA (ANIM3:BZ) to Neutral
• Morgan Stanley Upgrades MGM Chin (2282:HK) (MCHVY) to Overweight