General Motors (GM) Stock: Hits All-Time Highs on Major Wall Street Upgrades

TLDR

• GM stock surged to a record $80.80 on Wednesday, jumping nearly 5% in one session
• Morgan Stanley upgraded GM to Buy and increased its price target from $54 to $90
• Goldman Sachs raised its GM price target from $81 to $93, backing the bullish momentum
• The stock has rallied over 60% in six months after completing a $10 billion share buyback
• Favorable policy changes and $4 billion in U.S. investments are driving analyst optimism

General Motors hit a new all-time high of $80.80 on Wednesday. The stock gained nearly 5% during the trading session.

General Motors Company, GM

Two major analyst upgrades fueled the rally. Morgan Stanley’s Andrew Percoco raised his rating to Buy. He increased his price target from $54 to $90.

Goldman Sachs analyst Mark Delaney also turned more bullish. He lifted his price target from $81 to $93. Both analysts carry five-star ratings.

The stock has climbed over 60% in the past six months. Earlier this year, shares traded as low as $41.60. The annual gain now stands at nearly 50%.

Strategic Moves Catch Wall Street’s Attention

Morgan Stanley praised GM’s capital allocation strategy. The company finished a $10 billion accelerated share repurchase program. This returned cash directly to shareholders.

GM adjusted its electric and autonomous vehicle plans. The automaker announced a $4 billion investment in U.S. operations. This move could help the company avoid higher tariff costs.

Percoco highlighted several positive macroeconomic factors. The potential elimination of EV tax credits could benefit traditional automakers. Relaxed emissions standards would boost high-margin internal combustion engine sales.

Interest rate cuts expected in late 2026 could improve vehicle affordability. This would likely drive stronger consumer demand.

Wall Street Remains Split on Valuation

Goldman Sachs noted strong performance across auto and industrial tech stocks in 2025. Tariff concerns created some volatility. However, stable volumes and positive forecasts kept sentiment strong.

Wells Fargo maintained its Sell rating on GM. The market hasn’t reacted to this bearish view. Investors continue buying into the upward trend.

Some warn the stock may be overvalued. Technical indicators show GM in overbought territory. The highest analyst target sits at $100.

Wall Street’s consensus rating is Moderate Buy. This includes 15 Buy ratings, two Holds, and one Sell. The average price target of $77.06 trails the current price.

GM reported annual revenue of $187.44 billion. The company has increased its dividend for four straight years. The current yield is 0.78%.

The automaker is recalling 3,408 Chevrolet Silverado trucks. The 2026 models are missing owner’s manuals. The recall covers 1500, 2500, and 3500 series trucks.

CEO Mary Barra will testify at a Senate hearing on January 14. The hearing will cover vehicle emissions and EV regulations. Other auto industry leaders will also appear.

The Trump administration plans to announce new fuel efficiency standards. Senate Republicans are reviewing vehicle safety mandates. These include automatic emergency braking and child reminder systems.

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