Street Calls of the Week
Investing.com - Wedbush raised its price target on General Motors (NYSE:GM) stock to $75.00 from $65.00 while maintaining an Outperform rating following the automaker’s third-quarter earnings report. The stock, currently trading at $67.04, is near its 52-week high, with InvestingPro data showing a P/E ratio of 10.7 and market capitalization of $63.9 billion.
GM delivered stronger-than-expected results for the third quarter of 2025, beating analyst estimates on both revenue and profit metrics, according to Wedbush’s analysis. The company’s robust performance is reflected in its trailing twelve-month revenue of $187.6 billion, with eight analysts recently revising their earnings estimates upward according to InvestingPro data.
The automaker also raised its full-year 2025 bottom-line guidance across all categories, signaling increased confidence in its financial performance for the remainder of the year.
Wedbush noted that GM continues to gain market share in both its internal combustion engine (ICE) and electric vehicle (EV) businesses, demonstrating strength across its product portfolio.
The research firm specifically highlighted that GM experienced a lower-than-expected impact from tariffs, helping the company "navigate the tariff storm" more effectively than anticipated.
In other recent news, General Motors reported its financial results for the third quarter of 2025. The company hosted an earnings conference call, during which key executives, including CEO Mary Barra and CFO Paul Jacobson, discussed the results. This announcement was accompanied by conference call materials available on GM’s Investor Relations website. The earnings call was broadcasted via webcast, allowing investors and analysts to access the information. These developments are part of GM’s ongoing efforts to keep stakeholders informed about its financial performance. The call also included participation from Susan Sheffield, CEO of GM Financial, who joined for the Q&A session. This update provides a closer look at GM’s financial health and strategic direction for the remainder of the year.
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