General Motors (GM)

• Market cap: $59.3B
• 1 day: -0.57%
• 5 days: 4.82%
• 1 month: -1.94%
• 3 months: 20.36%
• 6 months: 15.62%
• Year to date: 49.71%
• 1 year: 49.71%
• 5 years: 48.11%
• 10 years: 53.80%
• Sector: Consumer Discretionary
• Industry: Motor Vehicles & Passenger Car Bodies

About: General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its us market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021. 2023's share was 16.5%. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but after a 2023 accident GM decided in December 2024 that it will focus on AVs in personal vehicles. GM should own 100% of Cruise by 2025. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.

Employees: 163,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

4% less funds holding

Funds holding: 1,286 [Q2] → 1,230 (-56) [Q3]

4.82% less ownership

Funds ownership: 85.17% [Q2] → 80.35% (-4.82%) [Q3]

10% less capital invested

Capital invested by funds: $45.1B [Q2] → $40.6B (-$4.51B) [Q3]

13% less funds holding in top 10

Funds holding in top 10: 24 [Q2] → 21 (-3) [Q3]

15% less call options, than puts

Call options by funds: $1.67B | Put options by funds: $1.97B

16% less repeat investments, than reductions

Existing positions increased: 431 | Existing positions reduced: 512

38% less first-time investments, than exits

New positions opened: 93 | Existing positions closed: 149

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $35 35% downside
• Avg. target: $59 10% upside
• High target: $70 30% upside

10 analyst ratings

• positive: 7 70%
• neutral: 2 20%
• negative: 1 10%

Wells Fargo Colin Langan 18% 1-year accuracy 6 / 33 met price target	35% downside $35	Underweight Maintained	16 Dec 2024
Morgan Stanley Adam Jonas 53% 1-year accuracy 31 / 58 met price target	0% upside $54	Equal-Weight Upgraded	10 Dec 2024
Mizuho Vijay Rakesh 38% 1-year accuracy 27 / 71 met price target	15% upside $62	Outperform Maintained	9 Dec 2024
Bernstein Adrian Yanoshik 50% 1-year accuracy 1 / 2 met price target	2% upside $55	Market Perform Maintained	25 Oct 2024
RBC Capital Tom Narayan 70% 1-year accuracy 19 / 27 met price target	20% upside $65	Outperform Maintained	23 Oct 2024