General Motors Company (GM) Reports Strong Q2 Earnings; Citi Raises PT

With a low price-to-earnings multiple and strong hedge fund interest, General Motors Company (NYSE:GM) earns a spot on our list of the9 Cheap Solid State Battery Stocks to Invest in Now.

On July 22, 2025, General Motors Company (NYSE:GM) reported strong Q2 earnings, posting EPS of $2.53—beating the consensus estimate of $2.34. A record quarterly revenue of $91 billion was driven by strong demand, stable pricing, and solid EV performance, particularly from the Cadillac Escalade IQ and Chevrolet Equinox EV. Strategic investments in battery technology and charging infrastructure have helped GM secure the second-largest EV market share in the U.S.

Despite regulatory and tariff-related challenges, General Motors Company (NYSE:GM) maintained its full-year guidance, projecting EBIT in the range of $10 to $12.5 billion. GM continues focusing on mitigating supply chain challenges and expanding its EV production capacity.

Following the earnings release, Citi reaffirmed its ‘Buy’ rating and raised its price target from $59 to $61, citing General Motors Company (NYSE:GM)’s operational resilience and growth prospects. The bank also pointed to GM’s strategic influence in international trade discussions—highlighting potential benefits from agreements with South Korea, Japan, and the USMCA. GM’s forward-looking strategy and strong EV momentum reinforce its place among solid-state battery-related value stocks.

Operating through its GM North America, GM International, Cruise, and GM Financial segments, General Motors Company (NYSE:GM) manufactures trucks, crossovers, cars, and automobile parts worldwide. It is included in our list of cheap solid state battery stocks.

While we acknowledge the potential of GM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 14 Cheap Transportation Stocks to Buy According to Analysts and 10 Cheap Lithium Stocks to Buy According to Hedge Funds.

Disclosure: None.