General Motors stock price target raised to $100 from $92 at TD Cowen

Investing.com - TD Cowen has raised its price target on General Motors (NYSE:GM) to $100.00 from $92.00 while maintaining a Buy rating on the stock. The automaker, currently valued at $63.4 billion with a P/E ratio of 10.7, has seen its stock trading near 52-week highs according to InvestingPro data.

The price target increase follows what TD Cowen described as a "strong Q3 beat/raise" by the automaker, which triggered a 15% stock reaction on Tuesday.

Despite this significant stock movement, TD Cowen still sees "a compelling risk/reward" opportunity for investors, noting that the new $100 target still represents a 10% free cash flow yield for 2025 estimates and 9% for 2026 estimates.

The firm highlighted that GM’s third-quarter results improved visibility for "sustained robust FCF generation" going forward, with software and services momentum also noted as significant factors.

TD Cowen continues to rank General Motors as its "Top Pick" in the automotive sector, suggesting strong confidence in the company’s financial trajectory and business performance.

In other recent news, General Motors reported stronger-than-expected financial results for the third quarter of 2025. The automaker surpassed analyst estimates in both revenue and profit metrics. Following the earnings report, Wedbush raised its price target for General Motors stock from $65.00 to $75.00, maintaining an Outperform rating. These developments highlight the company’s robust performance in the latest quarter. General Motors held a conference call to discuss these financial results, featuring key executives such as Mary Barra, the Chair and CEO, and Paul Jacobson, the Executive Vice President and CFO. The call was made available via webcast and included a question-and-answer session with participation from Susan Sheffield, the President and CEO of GM Financial. These recent developments underscore General Motors’ strong financial position as analyzed by Wedbush.

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