General Motors CompanyNYSE: GM
Consumer Discretionary · Automobile Manufacturers
$75.94
-1.24%
Vol: 5.8M
Research Digest
Friday, May 1, 2026
GM Q1 beats with $3.70 EPS; raises 2026 guidance on tariff refunds, Google Gemini rollout to 4M vehicles.
General Motors Q1 2026 adjusted EPS $3.70, significantly above estimates, benefiting from ~$500M in U.S. Supreme Court tariff refunds. Raised 2026 guidance and announced $830M in investments across three U.S. propulsion sites, bringing 12-month manufacturing investments over $6B. Rolling out Google Gemini AI to 4M vehicles and providing eight-year OnStar subscriptions with new vehicle purchases. Shifting focus toward heavy-duty truck production while managing softening EV demand. Geopolitical tensions and fuel prices pose supply chain risks.
Previous Market Intelligence
13 daysApr 30General Motors raises 2026 guidance by $500M after Supreme Court tariff ruling and beats Q1 2026 earnings.Positive▶
General Motors reported strong Q1 2026 earnings on April 28, beating forecasts with adjusted EPS of $3.70 (vs. $2.61 estimate, 41.76% beat) and revenue of $43.6 billion. The company raised 2026 adjusted earnings guidance to $13.5-$15.5 billion ($11.50-$13.50 per share) on a $500 million tariff refund benefit from a Supreme Court decision. GM booked $1.1 billion in special charges related to EV pullback and supplier negotiations. The company rolled out Google Gemini AI to millions of vehicles. Maintained US sales leadership and 42% pickup market share. Declared a quarterly dividend.
Apr 16UBS raises GM price target to $105; Goldman Sachs cuts to $91 but maintains BuyMixed▶
UBS raised its price target for GM stock from $102 to $105 and kept a Buy rating on April 14-15, 2026. Goldman Sachs cut its target from $104 to $91 but still maintains Buy. Deutsche Bank upgraded GM from Hold to Buy with target of $90. GM announced a $1.6 billion third-quarter charge to revamp its EV strategy following end of federal EV tax credits. Company plans to run Flint Assembly plant six days per week starting June. Earnings expected April 28, 2026.
Apr 15General Motors Q1 2026 earnings April 28; Deutsche Bank upgrades to Buy with $90 PT while Goldman Sachs lowers to $91.Positive▶
General Motors will release Q1 2026 earnings April 28. Stock rallied 5.35% week of April 6-10. Deutsche Bank upgraded to Buy from Hold with $90 PT, citing recent pullback as attractive entry. Goldman Sachs lowered PT to $91 from $104. Company approved next-gen Chevy Camaro for 2028 launch. GM faces 25+ class action lawsuits over driver data sales. Consensus PT $94.46.
Apr 14GM stock surges 5.35% on ceasefire news and new Camaro replacement approval; faces data privacy lawsuits.Mixed▶
GM shares gained 5.35% as ceasefire provided market relief. Approved new Chevy Camaro replacement on Alpha 2 platform for late 2027 production. Morgan Stanley upgraded to overweight; Piper Sandler raised to Overweight at $98. Faces over 25 class action lawsuits over driver data sales to insurance companies. Revised tariff guidance to $4-5B negative impact. Q1 results due April 28.
Apr 13General Motors reports 10% sales decline YoY; Q1 earnings April 28; facing $4-5B tariff headwinds.Mixed▶
General Motors reported nearly 10% decline in vehicle sales, though Chevrolet Silverado remained strong with 84,000+ sold (up 8% YoY). CEO Mary Barra confirmed EVs remain the company's north star while pursuing new hybrid models. GM facing $4-5B tariff cost impact. Company plans $7B Michigan investment including $4B for EV plant conversion. Q1 earnings April 28.
Apr 10GM approved Chevy Camaro replacement launching 2028; cut 1,000 EV plant jobs due to slowing EV adoption.Mixed▶
General Motors approved replacement for Chevy Camaro entering production late 2027 on updated Alpha 2 platform. Company cut 1,000+ jobs at Factory Zero all-EV Detroit plant amid slower EV adoption and expiring EV tax credits. GM recalling 270,000+ Chevrolet Malibu over rearview camera issues. Q1 2026 earnings April 28. Stock trading at $72.76 with Buy consensus at $89.62 target.
Apr 9General Motors faces EV headwinds; Q1 sales down 9.7% YoY despite truck strengthNegative▶
General Motors led the U.S. auto industry in Q1 2026 sales volume but reported a 9.7% decline to 626,429 vehicles YoY due to EV market softness following the expiration of federal tax credits. The company increased output of popular pickup models while managing layoffs at EV plants. A class-action lawsuit was filed against GM alleging defects in the Cadillac Lyriq. Q4 2025 EPS of $2.51 beat estimates. Q1 earnings are scheduled for April 28, 2026.
Apr 8General Motors Leads Q1 Sales but Faces EV Strategy ResetNegative▶
General Motors led U.S. auto sales in Q1 2026 with 626,429 vehicles but experienced a 9.7% decline from prior year. GM took a $7.2 billion charge to realign EV strategy following Trump administration policy changes and declining consumer demand. The company announced indefinite layoffs for 1,750 workers and a $150+ million investment in traditional V-8 manufacturing.
Apr 7General Motors leads Q1 U.S. auto sales at 626K units but faces 9.7% YoY decline and new privacy lawsuitsNegative▶
GM led Q1 2026 U.S. auto sales with 626,429 units but volume declined 9.7% YoY signaling industry headwinds. Company investing $150M+ in Saginaw operations for gasoline engine production while pausing EV output at Factory Zero and increasing ICE Silverado production. GM halted 2025-2026 Corvette sales due to rear turn signal notification system issue affecting 3,324 vehicles. Facing 25+ new class action lawsuits alleging privacy law violations through data broker sales. Q1 earnings due April 28. Among 28 analysts, 16 recommend Strong Buy with mean target $92.67 (26.1% upside potential).
Apr 6General Motors leads Q1 2026 U.S. auto sales but faces 9.7% YoY declineNeutral▶
GM led U.S. auto industry in Q1 2026 with 626,429 vehicles sold, down 9.7% YoY. All brands declined (Chevrolet, Cadillac, Buick, GMC). Corvette deliveries: 6,235 units, down ~500 from Q1 2025. Cadillac EV sales up 20%. China delivered ~350,000 vehicles (down 22% YoY) with strategic shift toward higher-value segments via new NEV lineup. Stock down $0.44 to $72.54 week-of-March 30. GM paused EV production at Factory Zero, increasing ICE Silverado output at Flint. Investing $150M in Saginaw operations for gasoline engine production despite electrification push. Q1 earnings April 28 (6:30 a.m. ET release, 8:30 a.m. call). Analyst consensus Buy with $89.62 target (+23.55% upside).
Apr 3GM invests $150M in Saginaw V-8 engine plant; Q1 sales down 9.7% YoY due to winter weather impact but maintains market leadership.Mixed▶
General Motors maintained U.S. sales leadership in Q1 2026 with 626,429 vehicles sold, though down 9.7% YoY due to severe winter weather. Company announced $150M+ investment in Saginaw Metal Casting for V-8 engine blocks. Factory ZERO EV plant temporarily laid off ~1,300 workers. GMC achieved best quarter with 18% sales increase; Buick up 39%.
Apr 2General Motors Q1 2026 sales down 9.7% YoY; stock falls 3.21%Negative▶
General Motors posts Q1 2026 sales down 9.7% YoY at 626,429 vehicles; extends Factory Zero EV downtime through April 13 amid weak EV demand; stock down 3.21% on April 2.
Apr 1General Motors recalls 17,000 vehicles; faces Iowa OnStar data privacy complaint; adjusts EV production.Negative▶
General Motors issued a recall affecting more than 17,000 vehicles over a rear toe link fracture. Iowa attorney general accused GM of failing to disclose that OnStar data is sold to third parties. GM is idling a Detroit EV plant while increasing heavy-duty truck production. U.S. sales rose 17% in recent quarter.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| TSLATESLA | $390.70 | +2.38% | +8.2% | 150.5x | 1.92 | $1.43T |
| GMGENERAL | $75.94 | -1.24% | +4.7% | 5.5x | 1.34 | $69.3B |
| FFORD | $11.90 | -1.53% | +4.0% | 6.5x | 1.71 | $48.5B |
| AMZNAMAZON.COM | $268.12 | +1.15% | +24.6% | 27.1x | 1.38 | $2.85T |
| HDHOME | $324.45 | -1.32% | +0.7% | 20.2x | 1.08 | $327.5B |
| MCDMCDONALD | $287.01 | -2.24% | -5.2% | 20.4x | 0.53 | $208.7B |
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Price between 50d and 200d. Testing 50d support.