JPMorgan cuts General Motors stock target from USD 120 to USD 110

Published on 10/19/2026 at 09:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are due October 20, 2026. General Motors stock costs EUR 74.78 on October 19, 2026, 1.59 percent below the Xetra close.

Earnings setup and valuation

JPMorgan set its October 12, 2026 target at USD 110.00 after USD 120.00.
General Motors reported USD 48.03 billion in second-quarter revenue, up 1.90 percent year over year.
General Motors stock trades at EUR 74.78 at 9:49 a.m. CEST at Lang & Schwarz on October 19, 2026, 1.59 percent below the Xetra close of October 16, 2026.
Third-quarter results are scheduled for October 20, 2026, before the market opens.

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General Motors (ISIN US37045V1008) was trading at EUR 74.78 at Lang & Schwarz on October 19, 2026 at 9:49 a.m. CEST, down 1.59 percent versus the Xetra close of October 16, 2026 at EUR 75.99. On October 12, 2026, JPMorgan lowered its General Motors price target from USD 120.00 to USD 110.00 while retaining an Overweight rating, as Markets Insider reported.

Three events shaped the setup

On July 21, 2026, General Motors reported adjusted earnings per share of USD 3.57 against a USD 3.19 consensus estimate and revenue of USD 48.03 billion against USD 47.01 billion, according to The Stock Observer. On October 7, 2026, UBS cut its target from USD 114.00 to USD 112.00 and kept a Buy rating, as Markets Insider reported. On October 12, 2026, JPMorgan reduced its target from USD 120.00 to USD 110.00 and retained Overweight, according to Markets Insider.

What does the 2026 outlook mean?

General Motors entered the results window with adjusted 2026 EBIT guidance of USD 14.00 billion to USD 16.00 billion, adjusted earnings per share guidance of USD 12.00 to USD 14.00, and adjusted automotive free cash flow guidance of USD 9.50 billion to USD 11.50 billion, according to Mitrade. The same report said projected 2026 tariff costs had fallen to USD 2.50 billion to USD 3.50 billion from USD 3.00 billion to USD 4.00 billion, giving investors a concrete margin variable to monitor.

Results date is October 20

General Motors is scheduled to release third-quarter results before the market opens on October 20, 2026, at about 6:30 a.m. ET and hold its earnings call at 8:30 a.m. ET, according to StockTitan.

Valuation meets a near-term test

General Motors stock is 1.59 percent below the Xetra close as investors weigh a lower JPMorgan target against the scheduled results. The next report will show whether revenue growth and the USD 14.00 billion to USD 16.00 billion adjusted EBIT range remain intact. The stock was trading at EUR 74.78 at Lang & Schwarz on October 19, 2026 at 9:49 a.m. CEST, 1.59 percent below the Xetra close of October 16, 2026 at EUR 75.99. The further course of trading is shown by the continuously updated real-time quote of General Motors stock.