GM Stock Pops on Deutsche Bank Upgrade Ahead of Q4 Earnings
Key Takeaways General Motors shares rose Tuesday after Deutsche Bank analysts upgraded the automaker's stock ahead of its fourth-quarter earnings report.Deutsche Bank cited GM's recent "strategic moves" like ending the Cruise robotaxi program and restructuring its struggling China business as positives.
1GM : How To Earn $500 A Month From General Motors Stock Ahead Of Q4 Earnings
Analysts expect the Detroit, Michigan-based company to report quarterly earnings at $1.8 per share, up from $1.24 per share in the year-ago period. General Motors projects quarterly revenue of $43.28 billion, compared to $42.98 billion a year earlier, according to data from Benzinga Pro.
General Motors: Q4 Earnings Likely To Make The Stock Surge
Financial writer bullish on General Motors' stock, citing strong performance, efficient operations, and potential for future gains.
Analyst: General Motors Stock Could See 'Positive Surprises'
General Motors stock boasts a solid 47.4% year-over-year gain, yet 13 of 23 covering brokerages still rate it a "hold" or worse. This leaves room for potential upgrades, which could generate additional tailwinds.
GM’s stock jumps as one analyst points to ‘positive surprises’ in upgrade
In comparison, electric-vehicle giant Tesla Inc.’s stock soared 62.5% in 2024. Since GM bailed on its robotaxi business, the stock has lost 1.8% while Tesla shares have advanced
General Motors upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded General Motors (GM) to Buy from Hold with a $60 price target into the Q4 report. The firm cites GM’s recent strategic
GM's consistent track record of execution earns upgrade at Deutsche Bank
General Motors (NYSE:GM) shares are getting a bump in early Tuesday trading after Deutsche Bank upgraded the stock for what it sees as the company’s “consistent track record of execution” which takes into account GM’s (NYSE:GM) recent decision on its floundering Cruise unit and restructuring of its Chinese operations to better suit the Chinese
GM’s stock jumps as Deutsche Bank turns bullish
Shares of General Motors Co. GM rallied 1.3% in premarket trading Tuesday, after Deutsche Bank upgraded them to buy from hold, citing recent moves in China and aggressive buyback activity. “With GM stock having outperformed Ford significantly last year,
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Why Did General Motors Co (GM) Stock See 10.81% Surge in the Last 90 Days?
General Motors Co (GM) stock saw a modest uptick, ending the day at $54.22 which represents a slight increase of $1.46 or 2.77% from the prior close of $52.76. The stock opened at $53.04 and touched a ...
GM Stock Is Rising Today. Trump Is Only 1 Reason.
Deutsche Bank analyst Edison Yu raised his rating on GM stock to Buy from Hold, and lifted his price target to $60 from $56.
Warren Buffett Sold This Stock, but I Think He's Completely Wrong
Throughout 2023, Buffett unloaded all of Berkshire's General Motors stock. However, I think he made the wrong decision. Not ...
Why Are General Motors (GM) Shares Soaring Today
Shares of automotive manufacturer General Motors (NYSE:GM) jumped 5.8% in the afternoon session after shares of auto ...
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GM Stock Price Jumps Ahead Of Possible 870,000 Vehicle Recall
GM faces a recall of as many as 870,000. This could hurt its reputation and cost it hundreds of millions of dollars.
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General Motors Co. stock underperforms Monday when compared to competitors despite daily gains
The stock's rise snapped a three-day losing streak.
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General Motors Co (GMCO34)
In its Third Quarter 2024 Earnings Conference Call on October 22, General Motors (NYSE:GM) delivered a robust financial report, with CEO Mary Barra and CFO Paul Jacobson at the... General Motors ...
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GM vs. PII: Which Stock Is the Better Value Option?
GM currently has a forward P/E ratio of 5.04, while PII has a forward P/E of 18.13. We also note that GM has a PEG ratio of 0.35. This figure is similar to the commonly-used P/E ratio, with the PEG ...