Goldman Sachs raises target for General Motors stock to USD 112.00

Published on 10/06/2026 at 17:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Goldman Sachs set a USD 112 target from USD 103 on October 5, 2026. General Motors stock cost EUR 71.57 on October 6, 2026 versus EUR 71.19.

Schwarz-Weiß-Dokumentaraufnahme von Automobilarbeitern an einer industriellen Montagepresse — General Motors zeigt Arbeiter in einer dokumentarischen Schwarzweiß Reportage an der Montagelinie, ISIN US37045V1008, Illustration mit AI erstellt.

General Motors (ISIN US37045V1008) is facing a higher Wall Street valuation marker after Goldman Sachs analyst Mark Delaney raised the price target to USD 112.00 from USD 103.00 on October 5, 2026, according to Markets Insider. General Motors stock was last at EUR 71.57 on Tradegate on October 6, 2026, versus a prior close of EUR 71.19.

Goldman target reaches USD 112

Goldman Sachs kept a Buy rating while previewing General Motors' third-quarter results. The firm cited firm pricing and a conservative assumption for fourth-quarter volumes embedded in management guidance, giving the target a USD 9.00 increase, or 8.74 percent.

The target change is the most recent dated analyst action in the available company coverage. It also places the valuation discussion ahead of General Motors' October reporting date, when investors will test whether pricing can offset volume and cost pressure.

Second-quarter revenue rose 1.90 percent

In the second quarter of 2026, General Motors generated USD 48.03 billion in revenue, up 1.90 percent from the year-earlier period, while adjusted earnings per share increased 41.30 percent to USD 3.57, according to Zacks. Adjusted EBIT rose 29.80 percent to USD 3.90 billion, while net income declined 31.10 percent to USD 1.30 billion.

The contrast matters for the target increase: operating performance improved faster than revenue, but the lower net income shows that expenses remain a material counter-factor. Zacks reported second-quarter costs and expenses of USD 46.60 billion, compared with USD 45.00 billion a year earlier.

October 20 brings the next test

General Motors raised full-year 2026 adjusted EBIT guidance to USD 14.00 billion to USD 16.00 billion from USD 13.50 billion to USD 15.50 billion, according to Zacks. The company will release third-quarter 2026 results on October 20, 2026, at 6:30 a.m. ET, followed by a conference call at 8:30 a.m. ET, per General Motors.

Tradegate quote stays below the yearly high

The substitute Tradegate quote of EUR 71.57 stood EUR 0.38 above the EUR 71.19 prior close, a calculated gain of 0.53 percent. On the NYSE, General Motors was last at USD 81.69 on October 6, 2026 at 11:07 a.m. EDT, while its 52-week range was USD 54.33 to USD 91.85.

General Motors had a market capitalization of USD 73.9 billion as of October 6, 2026. The gap between rising adjusted EBIT and falling net income leaves the October 20 report as the next concrete test of the higher analyst valuation.

Tradegate quote sets the reference

General Motors was last at EUR 71.57 on Tradegate on October 6, 2026 at 1:17 p.m. CEST, versus the Tradegate close of EUR 71.19 on October 5, 2026. The substitute quote was 0.53 percent above that prior close. Price source: substitute price Tradegate, Lang & Schwarz without data set.