RBC Capital analysts raised General Motors' price target to $94, anticipating a 23% earnings growth to $3.11 per share. The company enters its Q2 earnings report with rising EPS estimates, with analysts forecasting $3.18 per share compared to $2.53 in the previous year. GM aims to offset weaker brand sales through digital revenue growth and restructuring efforts in China. Barclays maintained an 'Outperform' rating, expecting results to be in-line with or slightly beating market expectations.
Analysts forecast GM's Q2 earnings to rise to $3.18 per share, driven by robust sales of 714,896 vehicles and positive sentiment from Barclays and RBC Capital.
Read the full storyReflecting a surge in institutional confidence amid sector shifts, Dorsey Wright & Associates increased its stake in General Motors by a substantial 352.9% during Q1 2026.
RBC Capital hiked its GM price target to $94, citing strong internal combustion engine demand ahead of an expected 23% year-over-year surge in quarterly earnings.