Wedbush Keeps Their Buy Rating on General Motors (GM)
- π Wedbush analyst Daniel Ives maintained his Buy rating on General Motors (GM) with a price target of $95.00.
- π° GM reported Q1 revenue of $43.62 billion and net profit of $2.63 billion, slightly lower than the prior year's figures.
- π’ General Motors is also receiving a Buy rating from Evercore ISI analyst Chris McNally.
- βοΈ Erste Group maintained a Hold rating on GM in contrast to the recent Buy recommendations.
- π Corporate insider sentiment is negative as 41 insiders have sold shares over the past quarter.
- π In February 2026, CEO Mark Reuss personally sold 480,724 shares for approximately $38.7 million.
- π Ives covers the Technology sector but has an average return of 13.4% and a 52.88% success rate on his picks.
- π’ The article includes unrelated market updates such as Rivian's reaffirmed guidance and potential tariffs from Trump.
- π There is a separate mention that Evercore ISI raised GM's price target to $100.
- Wedbush maintained a Buy rating on General Motors with a price target of $95.00.
- General Motors also received a Buy rating from Evercore ISI's Chris McNally in a report issued yesterday.
- Evercore ISI raised the General Motors price target to $100 from $95.
- Based on Q1 earnings, GM reported quarterly revenue of $43.62 billion and a net profit of $2.63 billion.
- General Motors reported declining quarterly revenue of $43.62 billion compared to $44.02 billion last year.
- Net profit contracted from $2.78 billion in the previous year to $2.63 billion for the quarter ending March 31.
- Corporate insider sentiment is negative with an increase in insider selling over the past quarter.
- GM President Mark Reuss sold 480,724 shares worth approximately $38.7 million in February 2026.