Erste raises General Motors stock earnings forecast to USD 13.60

Published on 10/15/2026 at 10:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter adjusted earnings per share rose to USD 3.57 from USD 2.53. General Motors stock costs EUR 74.22 on October 15, 2026, below Xetra close.

Analyst view meets operating evidence

Erste Group Bank lifted its fiscal 2026 earnings forecast from USD 13.55 to USD 13.60 on October 8, 2026.
Adjusted second-quarter earnings per share rose from USD 2.53 to USD 3.57 in the quarter ended June 30, 2026.
General Motors stock trades at EUR 74.22 at 10:30 a.m. CEST at Lang & Schwarz on October 15, 2026, 0.07 percent below the Xetra close of October 14, 2026.

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General Motors (ISIN US37045V1008) was trading at EUR 74.22 at Lang & Schwarz on October 15, 2026 at 10:30 a.m. CEST, down 0.07 percent versus the Xetra close of October 14, 2026 at EUR 74.27. According to The Cerbat Gem on October 8, 2026, Erste Group Bank raised its fiscal 2026 earnings-per-share forecast for GM from USD 13.55 to USD 13.60. The revision arrives before the next quarterly report.

Three recent signals for GM

On July 21, 2026, General Motors reported second-quarter revenue of USD 48.03 billion and earnings per share of USD 3.57, compared with consensus of USD 3.19, according to The Cerbat Gem. On October 6, 2026, Goldman Sachs lifted its price target from USD 103.00 to USD 112.00, the same source reported. On October 8, 2026, Erste Group Bank raised its fiscal 2026 earnings forecast from USD 13.55 to USD 13.60, completing the latest sequence of dated analyst revisions.

What does the October 20 report test?

The central test is whether GM can convert stronger adjusted results into durable reported earnings. In the second quarter of 2026, adjusted earnings per share increased from USD 2.53 a year earlier to USD 3.57, while GAAP earnings per share declined from USD 1.91 to USD 1.41, according to Yahoo Finance. GM North America also posted an adjusted EBIT margin of 8.6 percent, up from 6.1 percent a year earlier. That margin and the gap between adjusted and GAAP results give investors two separate measures for judging the next release.

Next dates include two earnings releases

General Motors scheduled its third-quarter 2026 results for October 20, 2026, with the release before the U.S. market opens and the conference call at 8:30 a.m. ET. The company also scheduled its fourth-quarter 2026 earnings announcement for January 27, 2027. Those dates put the October report ahead of the next major valuation discussion.

GM stock stays near the yearly high

The primary-market quote was USD 83.05 at 4:00 p.m. ET on October 14, 2026, while the 52-week range was USD 56.81 to USD 91.85. General Motors had a market capitalization of USD 72.9 billion at that point. The euro quote is slightly below the Xetra reference because EUR 74.22 is EUR 0.05 below the October 14 close of EUR 74.27.

The stock was trading at EUR 74.22 at Lang & Schwarz on October 15, 2026 at 10:30 a.m. CEST, 0.07 percent below the Xetra close of October 14, 2026 at EUR 74.27. The further course of trading is shown by the continuously updated real-time quote of General Motors stock.