General Motors (NYSE:GM) Releases FY 2026 Earnings Guidance

General Motors (NYSE:GM) (TSE:GMM.U) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 12.750-13.750 for the period, compared to the consensus earnings per share estimate of 13.440.

General Motors Trading Down 1.4%

Shares of NYSE GM traded down $1.07 during midday trading on Wednesday, hitting $76.02. The company’s stock had a trading volume of 9,017,833 shares, compared to its average volume of 7,639,016. The company has a current ratio of 1.14, a quick ratio of 0.97 and a debt-to-equity ratio of 1.42. The business’s 50 day moving average is $83.99 and its two-hundred day moving average is $81.23. General Motors has a 12-month low of $65.89 and a 12-month high of $91.85. The firm has a market cap of $66.70 billion, a P/E ratio of 38.39, a price-to-earnings-growth ratio of 0.46 and a beta of 1.40.

General Motors (NYSE:GM) (TSE:GMM.U) last posted its quarterly earnings data on Tuesday, October 20th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.69 by $0.01. The company had revenue of $50.02 billion during the quarter, compared to analysts’ expectations of $48.78 billion. General Motors had a return on equity of 18.18% and a net margin of 1.05%. General Motors’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.80 EPS. As a group, equities research analysts expect that General Motors will post 13.53 EPS for the current year.

General Motors Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Friday, December 4th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, December 4th. General Motors’s dividend payout ratio (DPR) is 36.36%.

General Motors announced that its Board of Directors has initiated a share buyback plan on Tuesday, October 20th that authorizes the company to repurchase $20.00 billion in shares. This buyback authorization authorizes the auto manufacturer to repurchase up to 27.5% of its shares through open market purchases. Share buyback plans are often a sign that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. TD Cowen restated a “buy” rating and issued a $132.00 price target on shares of General Motors in a report on Wednesday. Benchmark reiterated a “buy” rating and set a $105.00 price objective (up from $90.00) on shares of General Motors in a report on Tuesday, July 21st. UBS Group lowered their price objective on shares of General Motors from $112.00 to $109.00 and set a “buy” rating for the company in a research report on Wednesday. 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 note on Monday, October 12th. Finally, Morgan Stanley reduced their price objective on General Motors from $101.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $99.86.

Insiders Place Their Bets

In other news, EVP Grant Dixton sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $88.44, for a total value of $3,537,600.00. Following the completion of the sale, the executive vice president owned 54,992 shares of the company’s stock, valued at approximately $4,863,492.48. This represents a 42.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary T. Barra sold 318,448 shares of the stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $90.38, for a total transaction of $28,781,330.24. Following the transaction, the chief executive officer owned 428,994 shares in the company, valued at approximately $38,772,477.72. This represents a 42.61% decrease in their ownership of the stock. 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 90 days, insiders have sold 549,665 shares of company stock worth $49,010,828. 0.44% of the stock is owned by corporate insiders.

More General Motors News

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

• Positive Sentiment: GM reported third-quarter revenue of approximately $50.0 billion, up 2.9% year over year, while adjusted earnings of $3.70 per share narrowly exceeded consensus. Adjusted EBIT rose 21.6% to $4.1 billion, supported by strong pickup-truck and SUV profitability. GM narrows 2026 EBIT guidance
• Positive Sentiment: The board authorized a record $20 billion multiyear share-repurchase program—potentially retiring up to 27.5% of outstanding shares—and maintained the quarterly dividend. The buyback could support EPS and signals management believes GM is undervalued. GM beat and added a $20 billion buyback
• Positive Sentiment: GM raised its 2026 adjusted automotive free-cash-flow outlook to $11.5 billion-$12.5 billion from $9.5 billion-$11.5 billion. Investors also see longer-term potential in subscription services such as OnStar and Super Cruise, along with AI, software and a new EV platform designed to shorten vehicle-development cycles. GM aims to develop vehicles with AI and software
• Neutral Sentiment: GM’s technology strategy includes AI-powered OnStar, centralized vehicle computing, faster software updates and a targeted “eyes-off” autonomous-driving capability for pickups and SUVs. These initiatives could create new revenue streams, but their financial impact remains longer term. GM is giving OnStar an AI makeover
• Negative Sentiment: GM narrowed its 2026 adjusted EBIT guidance to $14.5 billion-$15.5 billion while leaving the midpoint unchanged at $15 billion. Its updated full-year EPS range of $12.75-$13.75 also places the midpoint below the $13.44 analyst consensus, disappointing investors looking for another outlook increase.
• Negative Sentiment: Analysts warned that 2027 profits could face $1 billion-$1.5 billion of additional commodity and logistics costs. Profit concentration is another concern: roughly $3.6 billion of quarterly adjusted EBIT came from North America, leaving GM exposed to weaker U.S. demand, tariffs and slowing vehicle sales. GM Q3 earnings call weighs 2027 cost risks
• Negative Sentiment: EV demand has retreated to pre-tax-credit levels, while GM’s large buyback may boost per-share results without resolving underlying growth concerns. This combination explains why the stock decreased even after the earnings beat.

About General Motors

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.