General Motors Stock Soars on Strong Q3 Earnings, Analysts Bullish
General Motors (GM) shares surged over 15% after delivering a third-quarter earnings beat that exceeded Wall Street expectations. The automaker raised full-year guidance, triggering a wave of analyst upgrades and price target revisions.
Wedbush's Daniel Ives boosted his target to $75, citing GM's balanced strength in both traditional and electric vehicles. TD Cowen's Itay Michaeli named GM his top pick, applauding an 18% increase in 2025 free cash FLOW guidance despite industry challenges. Goldman Sachs maintained its bullish stance, noting GM's expectation of stronger performance in 2026.