General Motors Company (GM) Stock Forecast & Predictions

General Motors Company GM: $56.66

300 Renaissance Center, Detroit, Michigan, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: http://www.gm.com/

  • Market Cap$82.84B
  • Change (52 Weeks)169.91%
  • Low (52 Weeks)$20.12
  • General Motors Company (GM) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, General Motors Company (GM) stock price is $56.66 and the 52 weeks low is $20.12, which means the General Motors Company stock price is up 169.91% in the last 12 months.

    General Motors Company (GM) Stock Price has been Trending Strongly with an ADX reading of 47.65 as per the Weekly Chart.

    A Upward trend indicates that General Motors Company (GM) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that GM Stock price might rise further, 18.75% indicating that GM Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall GM stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    General Motors Company (GM) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for General Motors Company (GM) is based on 28 Institutional Analyst Ratings where 57.14% are on Strong Buy, 32.14% on Moderate Buy, 10.71% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 28 Institutional Analysts, majority recommended GM stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of General Motors Company.

    General Motors Company (GM) Stock Price Prediction By Analysts


    HighLowAverage
    $89.25$27.27$68.21
    $68.2120.39% Upside
    Updated: 2021-04-22 00:00:00

    The Average Price target for GM set by the institutional analysts is $68.21 where High Estimate is $89.25, Median $68.34 and Low $27.27.

    The average price target for GM by Institutional Analysts is $68.21, which is 20.39% Upside from the current price. So according to the Institutional Analysts, GM Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    General Motors Company (GM) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with GM stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about GM and holding their positions hoping for a further rise in the stock price and more profit.

    General Motors Company (GM) Stock Forecast Based on News Sentiment


    Bullish
    Based on 51 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about GM, it shows that General Motors Company had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that GM stock price may surge in the next few weeks.

    General Motors Company (GM) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Wells FargoOverweightInitiated
    CitigroupBuyMaintained
    Morgan StanleyOverweightMaintained
    Argus ResearchBuyUpgraded
    Nomura InstinetBuyUpgraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    CitigroupBuyMaintained
    B of A SecuritiesBuyMaintained
    Goldman SachsBuyMaintained
    Deutsche BankBuyMaintained
    BarclaysOverweightMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    Deutsche BankBuyMaintained
    BarclaysOverweightMaintained
    UBSBuyMaintained
    Morgan StanleyOverweightMaintained
    Goldman SachsBuyUpgraded
    Nomura InstinetNeutralMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyUpgraded
    BarclaysOverweightMaintained
    Goldman SachsNeutralInitiated
    CFRAHoldMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    Morgan StanleyOverweightMaintained
    B of A SecuritiesBuyMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyMaintained
    BenchmarkBuyInitiated
    Morgan StanleyOverweightMaintained
    BuckinghamNeutralMaintained
    UBSBuyMaintained
    BarclaysOverweightMaintained
    CitiBuyMaintained
    Credit SuisseOutperformInitiated
    Seaport GlobalBuyInitiated
    BMO CapitalOutperformMaintained
    Deutsche BankBuyInitiated
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    BuckinghamNeutralMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    BuckinghamNeutralMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    Evercore ISI GroupOutperformUpgraded
    Morgan StanleyOverweightUpgraded
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    NomuraNeutralMaintained
    Bank of AmericaBuyMaintained
    RBC CapitalOutperformUpgraded
    GuggenheimBuyUpgraded
    NomuraNeutralMaintained
    NomuraNeutralDowngraded
    JefferiesHoldMaintained
    Goldman SachsSellDowngraded
    Morgan StanleyEqual-WeightDowngraded
    Deutsche BankBuyMaintained
    CitigroupBuyMaintained
    BMO CapitalMarket PerformMaintained
    BarclaysOverweightUpgraded
    Bank of AmericaBuyUpgraded
    Deutsche BankBuyUpgraded
    Morgan StanleyOverweightMaintained
    Standpoint ResearchHoldDowngraded
    GuggenheimNeutralInitiated
    NomuraBuyUpgraded
    Daiwa CapitalUnderperformDowngraded
    BMO CapitalMarket PerformInitiated
    MacquarieOutperformInitiated
    BerenbergSellInitiated
    Bank of AmericaNeutralDowngraded
    Craig-HallumHoldDowngraded
    NomuraNeutralInitiated
    Morgan StanleyOverweightUpgraded
    Seaport GlobalBuyInitiated
    JefferiesHoldInitiated
    CitigroupBuyMaintained
    PiperJaffrayOverweightInitiated
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightUpgraded
    Goldman SachsNeutralMaintained
    JP MorganOverweightMaintained
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    Deutsche BankHoldMaintained
    BarclaysEqual-WeightMaintained
    Credit SuisseOutperformUpgraded
    Deutsche BankHoldMaintained
    UBSBuyMaintained
    BarclaysHoldMaintained
    PiperJaffrayOverweightMaintained
    SusquehannaNeutralMaintained
    Credit SuisseNeutralUpgraded
    SusquehannaNeutralMaintained
    BarclaysEqual-WeightDowngraded
    Goldman SachsNeutralDowngraded
    Morgan StanleyEqual-WeightUpgraded
    Buckingham ResearchNeutralDowngraded
    SusquehannaNeutralMaintained
    Deutsche BankHoldMaintained
    UBSBuyMaintained
    Craig-HallumBuyUpgraded
    CitigroupBuyMaintained
    Deutsche BankHoldMaintained
    JP MorganOverweightMaintained
    BarclaysOverweightMaintained
    Credit SuisseUnderperformMaintained
    SusquehannaNeutralInitiated
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    Credit SuisseUnderperformInitiated
    Deutsche BankHoldDowngraded
    CLSAOutperformDowngraded
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    UBSBuyMaintained
    Craig-HallumHoldDowngraded
    Bank of AmericaBuyMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyUnderweightDowngraded
    Standpoint ResearchBuyUpgraded
    NomuraReduceInitiated
    BarclaysOverweightMaintained
    S&P Capital IQStrong BuyUpgraded
    ISI GroupHoldInitiated
    UBSBuyMaintained
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    Tigress FinancialStrong BuyInitiated
    JefferiesHoldMaintained
    Credit AgricoleBuyUpgraded
    JefferiesHoldMaintained
    Craig-HallumBuyUpgraded
    Deutsche BankBuyMaintained
    Standpoint ResearchHoldDowngraded
    Sterne AgeeBuyMaintained
    BarclaysOverweightMaintained
    JP MorganOverweightMaintained
    CitigroupBuyMaintained
    Standpoint ResearchBuyInitiated
    Credit SuisseOutperformMaintained
    UBSBuyMaintained
    JefferiesHoldMaintained
    Craig-HallumBuyUpgraded
    JefferiesHoldMaintained
    Stifel NicolausHoldInitiated
    Buckingham ResearchBuyUpgraded
    UBSBuyMaintained
    Sterne AgeeBuyMaintained
    Credit SuisseOutperformMaintained
    PiperJaffrayOverweightMaintained
    JP MorganOverweightInitiated
    UBSBuyMaintained
    JefferiesHoldMaintained
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    UBSBuyMaintained
    Bank ofericaBuyMaintained
    UBSBuyMaintained
    UBSBuyMaintained
    JefferiesHoldMaintained
    GuggenheimNeutralMaintained
    JefferiesHoldMaintained
    Bank ofericaBuyMaintained
    Oxen GroupHoldInitiated
    JP MorganOverweightMaintained
    CitigroupBuyMaintained
    UBSBuyMaintained

    General Motors Company (GM) Stock Earning Per Share (EPS) Forecast / Estimate


    $1.204
    The average consensus EPS for GM is $1.204 with a high estimate of $1.827 and Low of $0.735 for the period 2021-06-30 and based on 18 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $2.83$1.41845422020-09-30


    The latest average Earning Per Share Estimate for General Motors Company is $1.20, which is lower than GM's last EPS, $2.83. This means that Analysts are expecting General Motors Company to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of General Motors Company.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $2.83$1.41845422020-09-30
    $-0.5$-1.82206999999999992020-06-30
    $0.62$0.30741382020-03-31
    $0.05$0.00981592019-12-31
    $1.2$1.34738422019-09-30
    $1.64$1.47853412019-06-30
    $1.41$1.14195072019-03-31
    $1.43$1.2594842018-12-31
    $1.87$1.28568720000000012018-09-30
    $1.81$1.82843542018-06-30
    $1.43$1.27937332018-03-31
    $1.65$1.42275960000000022017-12-31
    $1.32$1.15073662017-09-30
    $1.89$1.74291450000000012017-06-30
    $1.7$1.51942512017-03-31
    $1.28$1.20257650000000022016-12-31
    $1.72$1.49768179999999982016-09-30
    $1.86$1.56567212016-06-30
    $1.26$1.03301790000000022016-03-31
    $1.39$1.2467122015-12-31
    $1.5$1.22003500000000022015-09-30
    $1.29$1.11388322015-06-30
    $0.86$0.994982015-03-31
    $1.19$0.85405542014-12-31
    $0.97$0.98085872014-09-30
    $0.58$0.6040952014-06-30
    $0.29$0.03888252014-03-31
    $0.67$0.90568932013-12-31
    $0.96$0.96544992013-09-30
    $0.84$0.76992500000000012013-06-30
    $0.67$0.55287312013-03-31
    $0.48$0.52552660000000012012-12-31
    $0.93$0.61457012012-09-30
    $0.9$0.76542389999999992012-06-30
    $0.94$0.877562012-03-31
    $0.39$0.42232011-12-31
    $1.03$0.970262011-09-30
    $1.54$1.23213752011-06-30
    $0.95$0.93454992011-03-31
    $0.52$0.469556400000000042010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).