Deutsche Bank analyst Edison Yu raised his rating on GM stock to Buy from Hold, and lifted his price target to $60 from $56.
In comparison, electric-vehicle giant Tesla Inc.’s stock soared 62.5% in 2024. Since GM bailed on its robotaxi business, the ...
General Motors stock boasts a solid 47.4% year-over-year gain, yet 13 of 23 covering brokerages still rate it a "hold" or ...
Deutsche Bank analyst Edison Yu raised his rating on GM stock to Buy from Hold, and lifted his price target to $60 from $56.
Our 2028 GM stock price projection is $49.50, a 2.48% gain year-over-year gain. 2029 should begin to see revenues begin to manifest from General Motors’ autonomous driver assistance systems ...
This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. General Motors is expected to post earnings of $1.74 ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...
We also note that GM has a PEG ratio of 0.38. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate.