General Motors Company (GM)
NYSE: GM · Real-Time Price · USD
$78.8
+0.39 (+0.5%)· Live
StockMarketAgent Research
Our analysis: GM rated Sell
Sell due to severe capital intensity and negative free cash flow during the EV transition.
Fair value (mid)
$51.8 / share
$28.1 – $82.0
Upside to FV
-33.9%
from $78.8
Confidence
88/100
Moat
3/10
Biggest opportunity
Bull: Successful scaling of EV platforms drives margin expansion while the ICE business remains a strong cash cow. Aggressive share repurchases and potential value realization from Cruise drive multiple expansion.
Biggest risk
EV Transition Failure
EV Transition Failure: Massive capital deployed into EV platforms fails to generate adequate ROIC due to lack of consumer demand.
Recommended action
Sell
Sell. Fair value of $51.82 sits well below current trading levels of $78.41.
Position sizing playbook →| Market cap | $70.7B | |
|---|---|---|
| Revenue (ttm) | 184.6B | |
| Net income (ttm) | 2.4B | |
| EPS (ttm) | $2.55 | |
| Shares out | 901.7M | |
| P/E (trailing) | 30.9x | |
| P/E (forward) | 5.6x | |
| Dividend | $0.72 (0.91%) | |
| Volume | 2,950,299 | |
| Beta | 1.29 | |
| Price target | $94.1 | +19.4% |
Market data
Price
Recent price action with selectable time range.
General Motors CompanyGM
—Loading chart…
Financial snapshot
- Revenue (ttm)
- 184.6B
- Net income (ttm)
- 2.4B
- EPS (ttm)
- $2.55
- P/E (trailing)
- 30.9x
- P/E (forward)
- 5.6x
- Market cap
- $70.7B
| Item | P1 | P2 | P3 | P4 | Trend |
|---|---|---|---|---|---|
| Period | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
| Revenue | $156.74B | $171.84B | $187.44B | $185.02B | +5.7% |
| Gross profit | $20.98B | $19.14B | $23.41B | $11.60B | -17.9% |
| Operating income | $10.31B | $9.30B | $12.78B | $2.91B | -34.4% |
| Net income | $9.93B | $10.13B | $6.01B | $2.70B | -35.2% |
| EPS (diluted) | $6.13 | $7.32 | $6.37 | $3.27 | -18.9% |
| EBITDA | $23.87B | $23.20B | $21.75B | $18.43B | -8.3% |
| R&D | — | — | — | — | — |
| SG&A | $10.67B | $9.84B | $10.62B | $8.69B | -6.6% |
Fair-value bridge
- Fair value (low)
- $28.1
- Fair value (mid)
- $51.8
- Fair value (high)
- $82.0
- Current price
- $78.8
- Upside to mid
- -33.9%
Valuation models
| Model | Fair value (mid) | Weight |
|---|---|---|
| Forward earnings | $39.17 | 54% |
| Owner earnings | $62.84 | 43% |
| Discounted earnings | $121 | 3% |
| FCFF DCF | $0.00 | 0% |
| Reverse DCF | $0.00 | 0% |
| Peg adjusted peer | $723 | 0% |
| Multi stage moat fade | $126 | 0% |
| Ddm | $11.12 | 0% |
Analyst consensus
Recommendation
Buy
Price target
$94.1
+19.4%
In the news
Latest news · GM
Recent company headlines from major financial publishers.
Valuation
- Market cap
- $70.7B
- P/E (trailing)
- 30.9x
- P/E (forward)
- 5.6x
- P/S
- 0.4x
- P/B
- 1.1x
- PEG
- 0.40
- EV / EBITDA
- 9.6x
Profitability
- Gross margin
- 11.1%
- Operating margin
- 6.6%
- ROE
- 4.0%
- ROA
- 2.7%
- ROIC
- 6.6%
Balance sheet
- Debt / equity
- 1.99
- Current ratio
- 1.15
- Quick ratio
- 0.89
Trading
- Beta
- 1.29
- Volume
- 2,950,299
- Dividend yield
- 0.9%
Scenarios & expected return
Probability-weighted: -33.9% expected return to fair value
Bull15%
Price target
$81.98
+4.6% from spot
Successful scaling of EV platforms drives margin expansion while the ICE business remains a strong cash cow. Aggressive share repurchases and potential value realization from Cruise drive multiple expansion.
- Successful EV scaling
- ICE margins remain strong
- Cruise value realization
Base50%
Price target
$51.82
-33.9% from spot
GM is navigating a highly capital-intensive transition to EV and AV models while managing the cyclicality of its legacy ICE business. The current low valuation reflects pessimism following significant 2025 earnings compression, but structural capex requirements continue to depress fair value.
- Massive $22B capex burden
- Cyclical ICE pricing pressure
- Slower than expected EV scaling
Bear35%
Price target
$28.11
-64.1% from spot
Prolonged pricing pressure and macroeconomic weakness crush ICE margins, while EV adoption stalls, leading to stranded capital, massive cash burn, and value destruction.
- Severe ICE margin compression
- EV transition demand stalls
- Massive structural cash burn
Valuation models & bridge
Each model produces an independent fair value. Weighted average = $51.8.
| Model | Weight | FV / share | vs spot | Contribution |
|---|---|---|---|---|
| Forward earnings | 54% | $39.2 | -50.3% | |
| Owner earnings | 43% | $62.8 | -20.3% | |
| Discounted earnings | 3% | $121 | +53.8% | |
| FCFF DCF | 0% | $0.00 | -100.0% | |
| Reverse DCF | 0% | $0.00 | -100.0% | |
| Peg adjusted peer | 0% | $723 | +817.8% | |
| Multi stage moat fade | 0% | $126 | +60.5% | |
| Ddm | 0% | $11.1 | -85.9% | |
| Composite FV (weighted) | 100% | $51.8 | -33.9% |
Sensitivity: Ke × terminal growth
| Ke ↓ / g → | 1.0% | 1.5% | 2.0% | 2.5% | 3.0% |
|---|---|---|---|---|---|
| 7.6% | $90.8 | $98.2 | $107 | $118 | $130 |
| 8.6% | $78.8 | $84.4 | $90.8 | $98.2 | $107 |
| 9.6% | $69.6 | $74.0 | $78.8 | $84.4 | $90.8 |
| 10.6% | $62.4 | $65.8 | $69.6 | $74.0 | $78.8 |
| 11.6% | $56.5 | $59.3 | $62.4 | $65.8 | $69.6 |
Scorecard
Factor radar (left) · 9-category weighted composite (right)
Valuation1.5
Management6.9
Balance Sheet3.5
Profitability3.5
Revenue Growth2.5
Risk Assessment6.0
Competitive Moat3.0
Earnings Quality6.0
Capital Efficiency2.5
Weighted composite
3.7/10
Mixed| Category | Weight | Score | Reading |
|---|---|---|---|
| Valuation | 11% | 1.5 | |
| Management | — | 6.9 | |
| Balance Sheet | 11% | 3.5 | |
| Profitability | 11% | 3.5 | |
| Revenue Growth | 11% | 2.5 | |
| Risk Assessment | 11% | 6.0 | |
| Competitive Moat | — | 3.0 | |
| Earnings Quality | 11% | 6.0 | |
| Capital Efficiency | 11% | 2.5 |
Position sizing & entry playbook
Pre-committed rules, followed irrespective of news flow.
Conviction tier
High
Confidence 88/100
Target weight
Zero or severe underweight allocation given peak capital intensity and a highly unfavorable risk-reward skew at current prices.
of equity sleeve
Current / pullbacks
$78.8
Thesis break
Risk to thesis
- Liquidate or systematically trim on tactical relief rallies toward the $78 spot price given the structural 34% downside to cycle-normalized fair value.
Calendar
Next earnings
Upcoming earnings date and setup when available.
Upcoming
DateLoading
Window—
EPS estimate—
Revenue estimate—
Sector percentile context
Refreshed 2026-05-10 22:07 UTC
Forward P/E5.6
P25 n/aP50 n/aP75 n/a
Trailing P/E0
P25 n/aP50 n/aP75 n/a
ROE4
P25 n/aP50 n/aP75 n/a
ROIC6.6
P25 n/aP50 n/aP75 n/a
Benchmarks · 1M
S&P 500n/a
Nasdaq Compositen/a
Dow Jones Industrial Averagen/a
Russell 2000n/a
All GM indicators
Market & fundamental data
Available fields
276
Groups with data
11
Currency
USD
Showing 276 of 276 available metrics for this ticker.
Deeper analysis on GM
14 sections in the full report · jump straight to what you need
Forecast
Bull, base, and bear cases with expected-return framing.
Valuation
Fair-value bridge, DCF, owner earnings, and peer multiples.
Sensitivity
Cost-of-equity and terminal-growth stress table.
Risks
Kill scenarios, soft-pass flags, and downside catalysts.
Earnings
Next earnings setup and beat / inline / miss thresholds.
Position sizing
Entry, exit, conviction, and quarterly monitoring rules.
Financials
Revenue, margins, cash flow, and balance-sheet context.
Peers
Relative valuation and profitability against the cohort.
Moat
Economic-profit evidence and competitive advantage risk.
Industry cycle
Sector phase, capital cycle, and secular tailwinds.
Scorecard
Six-factor overlay and 9-category weighted scorecard.
Recommendation
Final action, action steps, opportunity, and biggest risk.
Perspectives
Growth, value, and income investor reads.
Archive
Prior monthly reports and rating changes.
Frequently asked questions
About this GM report
What is the current GM stock rating?
General Motors Company is currently shown with Sell in the latest report. The hub links directly to the full analysis surface where the rating, fair-value bridge, risks, and scorecard are documented together.
Where can I read the full GM analysis?
The full report lives at /stocks/GM/analysis. The bare ticker page is a product hub that summarizes the latest read and sends readers into the relocated analysis tabs without making the analysis surface depend on the hub.
What fair-value range is used for GM?
The latest report frames GM around $28 to $82. Treat that range as the entry point, then check the valuation, sensitivity, and bear-case tabs before making an investment decision.
How often is the GM page updated?
The hub updates with the latest published stock report and live backend market data. The analysis pages remain reachable under /analysis, so a hub rollback does not remove the report reader.
SellGM · Fair value $51.8-33.9% · Confidence 88/100