Deutsche Bank analyst Edison Yu raised his rating on GM stock to Buy from Hold, and lifted his price target to $60 from $56.
GM currently has a forward P/E ratio of 5.04, while PII has a forward P/E of 18.13. We also note that GM has a PEG ratio of 0.35. This figure is similar to the commonly-used P/E ratio, with the PEG ...
General Motors Co (GM) stock saw a modest uptick, ending the day at $54.22 which represents a slight increase of $1.46 or 2.77% from the prior close of $52.76. The stock opened at $53.04 and touched a ...
Analysts expect the Detroit, Michigan-based company to report quarterly earnings at $1.8 per share, up from $1.24 per share in the year-ago period. General Motors projects quarterly revenue of $43.28 ...
In comparison, electric-vehicle giant Tesla Inc.’s stock soared 62.5% in 2024. Since GM bailed on its robotaxi business, the ...
Throughout 2023, Buffett unloaded all of Berkshire's General Motors stock. However, I think he made the wrong decision. Not ...
Shares of automotive manufacturer General Motors (NYSE:GM) jumped 5.8% in the afternoon session after shares of auto ...
Financial writer bullish on General Motors' stock, citing strong performance, efficient operations, and potential for future ...
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General Motors stock boasts a solid 47.4% year-over-year gain, yet 13 of 23 covering brokerages still rate it a "hold" or ...
The stock's rise snapped a three-day losing streak.
But does this make GM’s stock a compelling buy right now? Let’s dive in. In an era where supply chain disruptions can derail production plans, the U.S. auto giant is doubling down on building ...