General Motors Company

πŸ‡ΊπŸ‡ΈNew York Stock Exchange
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Slightly Bullish +25

Wedbush Keeps Their Buy Rating on General Motors (GM)

- πŸ“… Wedbush analyst Daniel Ives maintained his Buy rating on General Motors (GM) with a price target of $95.00.

- πŸ’° GM reported Q1 revenue of $43.62 billion and net profit of $2.63 billion, slightly lower than the prior year's figures.

- 🏒 General Motors is also receiving a Buy rating from Evercore ISI analyst Chris McNally.

- βš–οΈ Erste Group maintained a Hold rating on GM in contrast to the recent Buy recommendations.

- πŸ“‰ Corporate insider sentiment is negative as 41 insiders have sold shares over the past quarter.

- πŸ‘” In February 2026, CEO Mark Reuss personally sold 480,724 shares for approximately $38.7 million.

- πŸš— Ives covers the Technology sector but has an average return of 13.4% and a 52.88% success rate on his picks.

- πŸ“’ The article includes unrelated market updates such as Rivian's reaffirmed guidance and potential tariffs from Trump.

- πŸ”” There is a separate mention that Evercore ISI raised GM's price target to $100.

Bullish Signals
  • 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.
Risk Factors
  • 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.
Full Analysis
Wedbush Securities analyst Daniel Ives reiterated his "Buy" rating on General Motors with a price target of $95 in a report released May 6. The assessment follows recent market activity where Evercore ISI also issued a Buy rating for GM, though Erste Group maintains a Hold stance. The article contextualizes Wedbush's decision by referencing GM's earnings for the quarter ending March 31, where revenue decreased slightly to $43.62 billion from $44.02 billion the previous year, while net profit fell to $2.63 billion from $2.78 billion. Analyst sentiment is further complicated by corporate insider data showing negative activity, with 41 insiders selling shares over the past quarter. Specifically, GM President Mark Reuss sold 480,724 shares in February 2026 for approximately $38.7 million. TipRanks notes that Daniel Ives covers the Technology sector and has a historical success rate of 52.88% on his stock recommendations with an average return of 13.4%. The content also highlights broader market themes, including Rivian's reaffirmed guidance, potential tariffs on EU vehicles proposed by Trump, Evercore raising its price target to $100, and upcoming virtual meetings between GM management and Benchmark.