General Motors (NYSE:GM) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

General Motors (NYSE:GM) (TSE:GMM.U) released its earnings results on Tuesday. The auto manufacturer reported $3.70 EPS for the quarter, topping the consensus estimate of $3.69 by $0.01, Zacks reports. General Motors had a return on equity of 18.18% and a net margin of 1.05%. The business had revenue of $50.02 billion during the quarter, compared to analysts’ expectations of $48.78 billion.

General Motors Stock Performance

GM opened at $82.60 on Tuesday. General Motors has a 1-year low of $57.68 and a 1-year high of $91.85. The company has a market cap of $72.48 billion, a price-to-earnings ratio of 41.72, a PEG ratio of 0.46 and a beta of 1.40. The company’s fifty day moving average price is $84.23 and its two-hundred day moving average price is $81.22. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42.

Analysts Set New Price Targets

Several equities analysts have issued reports on GM shares. UBS Group dropped their price target on General Motors from $114.00 to $112.00 and set a “buy” rating on the stock in a research note on Wednesday, October 7th. Weiss Ratings restated a “hold (c)” rating on shares of General Motors in a report on Thursday. Tigress Financial raised their price objective on shares of General Motors from $92.00 to $130.00 and gave the stock a “strong-buy” rating in a research report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $101.00 price objective on shares of General Motors in a research note on Friday, October 9th. Finally, JPMorgan Chase & Co. dropped their target price on shares of General Motors from $120.00 to $110.00 and set an “overweight” rating on the stock in a research report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $101.18.

Insider Activity at General Motors

In related news, President Mark L. Reuss sold 71,079 shares of the firm’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $89.97, for a total value of $6,394,977.63. Following the transaction, the president owned 92,293 shares of the company’s stock, valued at approximately $8,303,601.21. This trade represents a 43.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Rory Harvey sold 8,882 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $86.95, for a total transaction of $772,289.90. Following the completion of the transaction, the executive vice president directly owned 28,513 shares in the company, valued at approximately $2,479,205.35. The trade was a 23.75% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 549,665 shares of company stock valued at $49,010,828 over the last quarter. 0.44% of the stock is currently owned by company insiders.

More General Motors News

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

• Positive Sentiment: GM reported third-quarter revenue of $50.0 billion, net income attributable to stockholders of $3.3 billion and adjusted EBIT of $4.1 billion. Core profit increased 22%, supported by strong pickup-truck demand, indicating resilient pricing and product mix. GM releases 2026 third-quarter results and updates full-year 2026 guidance
• Positive Sentiment: The board approved a new $20 billion share-repurchase authorization and declared a quarterly dividend. The buyback could support earnings per share and signals management’s view that GM’s stock is undervalued despite cooling auto sales. General Motors Plans $20 Billion in Buybacks to Shore Up Share Price
• Positive Sentiment: Analysts had expected another earnings beat, driven by disciplined pricing, software growth and a still-solid U.S. market. The reported results and truck strength reinforce that thesis. GM’s core profit rises 22% on strength of pickup-truck business
• Neutral Sentiment: GM added Apple Wallet digital-key support for select vehicles, a convenience and connected-car feature that may modestly improve customer experience but is unlikely to materially affect near-term financial results. GM Adds Apple Wallet Digital Key Support For Select New Vehicles
• Negative Sentiment: GM Financial’s third-quarter net income declined to $487 million from $589 million a year earlier, while nine-month earnings fell to $1.4 billion from $1.6 billion. The deterioration raises concerns about financing profitability and credit conditions. GM Financial Reports Third Quarter 2026 Operating Results
• Negative Sentiment: GM narrowed its full-year 2026 adjusted EBIT guidance range, which can suggest less flexibility amid uncertain sales, pricing and costs. Reports that a Lansing plant could halt production for up to 18 months, with roughly 350 layoffs, add to operational concerns. GM’s Lansing Plant May Go Quiet After Cadillac CT5 Production Ends

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.