General Motors Company (NYSE:GM) is included among the 15 Dividend Stocks that Outperform the S&P 500.
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Mizuho raised its price target on General Motors Company (NYSE:GM) to $78 from $67 on November 19 while reiterating an Outperform rating. The move followed what the analyst described as strong third-quarter results and an improved 2026 outlook tied to lower tariff expectations and the industry’s shift away from earlier electric-vehicle timelines.
The broader view on EV adoption has shifted. It has become more apparent that electric vehicles will not replace traditional combustion models as quickly as Wall Street once believed. Softer consumer demand, combined with the Trump administration’s removal of the $7,500 EV tax credit, has created a clear tailwind for companies like General Motors Company (NYSE:GM).
These factors helped push GM’s third-quarter performance above expectations and supported an increase in guidance. Quarterly revenue slipped 0.3% to $48.6 billion but still exceeded the $45.33 billion consensus. Adjusted earnings per share came in at $2.80, down from $2.96 a year ago yet ahead of the $2.32 estimate. General Motors Company (NYSE:GM) also lowered its projected gross tariff impact for the year to a range of $3.5 billion to $4.5 billion, compared with the earlier $4 billion to $5 billion estimate. At the same time, full-year adjusted EPS guidance was raised to $9.75 to $10.50, up from the previous range of $8.25 to $10.
General Motors Company (NYSE:GM) designs, manufactures, and sells a wide range of vehicles and automotive parts.
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.
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