StoneX keeps Buy rating for General Motors stock at USD 105.00

Published on 10/08/2026 at 15:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 48.0 billion and adjusted EBIT was USD 3.9 billion. General Motors stock costs EUR 72.23 on October 8, 2026 after EUR 72.13.

Isometrisches 3D-Diagramm der Automobilfertigung von Stahlcoils über Pressen und Montage bis Logistik — General Motors Wertschöpfungskette vom Stahlcoil bis zur Fahrzeuglieferung als isometrisches 3D Diagramm, ISIN US37045V1008, Illustration mit AI erstellt.

General Motors (ISIN US37045V1008) was trading at EUR 72.23 at Lang & Schwarz on October 8, 2026 at 3:41 p.m. CEST, plus 0.14 percent versus the prior close of EUR 72.13. On October 7, 2026, Investing.com reported that StoneX maintained a Buy rating and a USD 105.00 price target for General Motors stock.

StoneX raises earnings assumptions

StoneX lifted its fiscal 2026 adjusted earnings per share estimate to USD 13.51 from USD 12.73, while its fiscal 2027 estimate rose to USD 15.08 from USD 13.92, according to Investing.com on October 7, 2026. The unchanged USD 105.00 target therefore rests on higher earnings assumptions rather than a higher valuation multiple.

General Motors reported USD 48.0 billion in revenue and USD 3.9 billion in adjusted EBIT for the second quarter of 2026, while North America operating margin was 8.6 percent, according to Yahoo Finance on October 6, 2026. The company also expected fiscal 2026 adjusted EBIT of USD 14.0 billion to USD 16.0 billion and adjusted earnings per share of USD 12.00 to USD 14.00.

What does the hybrid pivot change?

General Motors is adding hybrid technology to its United States product plans while keeping an all-electric future as its long-term objective, CNBC reported on October 5, 2026. The shift addresses a market in which United States hybrid sales increased 23.00 percent year over year in the second quarter and reached 16.30 percent of vehicle sales, compared with 5.80 percent for electric vehicles. AutoForecast Solutions expects GM plug-in hybrids with a 70-mile electric range to arrive from late 2027 to early 2028.

Three milestones shape the timeline

On September 15, 2026, General Motors scheduled its third-quarter results for October 20, 2026. On October 1, 2026, CNBC reported 670,974 United States vehicle sales in the third quarter, down 5.50 percent year over year. On October 5, 2026, CNBC reported that hybrids remained part of GM's United States product plan.

Next dates are set

General Motors is scheduled to publish third-quarter 2026 results on October 20, 2026, at 6:30 a.m. ET, followed by its conference call at 8:30 a.m. ET. The company also scheduled its fourth-quarter earnings announcement for January 27, 2027, according to General Motors.

General Motors stock holds above EUR 72

General Motors stock was trading at EUR 72.23 at Lang & Schwarz on October 8, 2026 at 3:41 p.m. CEST, up 0.14 percent from the Lang & Schwarz prior close of EUR 72.13. The primary NYSE quote was USD 80.98 at 9:55 a.m. ET on October 8, 2026, with a 52-week range of USD 54.33 to USD 91.85. The further course of trading is shown by the continuously updated real-time quote of General Motors stock.