GM's Electric Future: Earnings Momentum

General Motors, the Detroit-based auto giant, is set to release its fourth quarter earnings, with analysts predicting a 15.1% jump in adjusted profit to $2.21 per share. The company has consistently beaten Wall Street estimates for the past four quarters and is expected to see a slight dip in earnings next year, followed by a significant rebound in 2026. Investors are optimistic, with GM stock surging 57.4% over the past year, outperforming the S&P 500 and consumer discretionary sector. Analysts give GM a moderate buy rating, with a highest price target of $110, indicating nearly 33% upside potential. As GM pushes towards an all-electric future, all eyes are on these earnings to see if the momentum continues.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.