Key Takeaways:
- General Motors (GM, Financial) shares increased 1.7% in after-hours trading due to potential tariff changes.
- Analysts forecast a significant upside for GM with an average price target suggesting a 19.44% increase.
- GuruFocus estimates GM's fair value price to rise by approximately 24.78% within the next year.
General Motors (GM) experienced a notable 1.7% increase in its share price during postmarket trading. This uptick followed reports that the U.S. President is expected to ease tariffs on foreign-sourced auto parts, maintaining a 25% tariff on foreign automobile imports. This decision comes in response to extensive lobbying from the auto industry, which has expressed concerns regarding the potential negative impacts on the domestic market.
Wall Street Analysts' Forecast
In evaluating General Motors Co (GM, Financial), 25 analysts have provided one-year price targets, with an average target price of $54.75. The high estimate reaches $105.00, while the low sits at $34.00. At the current price of $45.84, the average target indicates a potential upside of 19.44%. For more comprehensive estimate data, refer to the General Motors Co (GM) Forecast page.
Among 29 brokerage firms, the consensus recommendation for General Motors Co (GM, Financial) stands at an average of 2.6, which corresponds to a "Hold" status. This rating system spans from 1 to 5, where 1 signifies a Strong Buy, and 5 indicates a Sell.
According to GuruFocus estimates, the anticipated GF Value for General Motors Co (GM, Financial) in the coming year is projected at $57.20. This suggests a potential upside of 24.78% from the current price of $45.84. The GF Value is GuruFocus' calculation of the stock's fair value, determined by analyzing historical trading multiples and considering both past business growth and future performance forecasts. Additional detailed data is available on the General Motors Co (GM) Summary page.
