How High Will GM Stock Go?

How high will GM stock go? Stock Price Forecast

The 22 analysts offering 12-month price forecasts for General Motors Co have a median target of 73.00, with a high estimate of 99.00 and a low estimate of 53.00. The median estimate represents a +21.75% increase from the last price of 59.96.

What is the forecast of GM stock?

General Motors Company quote is equal to 59.620 USD at 2021-12-10. Based on our forecasts, a long-term increase is expected, the "GM" stock price prognosis for 2026-12-04 is 99.920 USD. With a 5-year investment, the revenue is expected to be around +67.59%. Your current $100 investment may be up to $167.59 in 2026.

Is GM undervalued?

Rivian IPO proves General Motors is undervalued, says GM CEO Mary Barra. The massive valuations of electric vehicle start-ups such as Rivian shows General Motors is "undervalued," GM CEO Mary Barra said Wednesday.

Which is better Ford or GM?

Other notable hybrid models from Ford are the Fusion Energi and Focus Electric. For those who prefer affordable vehicles that still perform well, Ford's lineup is much better than GM's. Even in terms of safety ratings, technology and brand prestige, Ford takes precedence over GM.

Is General Motors going out of business?

General Motors filed for bankruptcy early Monday, marking the end of an era for GM, as the troubled automaker now represents the largest bankruptcy in history. Even the $19.4 billion in federal aid was not enough to keep the automaker out of bankruptcy court.

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What is the book value of GM stock?

General Motors Co Book Value per Share. General Motors Co's book value per share for the quarter that ended in Sep. 2021 was $36.10. During the past 12 months, General Motors Co's average Book Value Per Share Growth Rate was 16.60% per year.

Is GM a good buy today?

General Motors Company - Hold

Valuation metrics show that General Motors Company may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of GM, demonstrate its potential to outperform the market. It currently has a Growth Score of B.

Does GM pay dividends?

GM Has Been Paying Dividends Despite its Negative FCF

However, the truth is, we have never considered the dividend payout ratio that relies on net income to be a reliable gauge of the company's ability to sustain its dividend payments simply because these dividends are paid in cash.

Does China own General Motors?

GM China has a 44.0 percent stake, SAIC a 50.1 percent stake and Wuling Motors a 5.9 percent stake.

Who sells more cars GM or Ford?

The companies are the two largest motor vehicle manufacturers in the United States: in 2020, GM held 17.1% of US sales, while Ford captured 13.7% of the US market.

Did Ford and GM merge?

The merger all began back when Ford started collaborating with GM for the 10-speed automatic transmission that's now found in both the Ford Mustang and Chevy Camaro, a “partnership” that dates back to 2013. By 2019, both Chevy and Ford will only offer sports coupes, trucks, and SUVs.

Is GM moving to Mexico?

General Motors plans to invest more than $1 billion in a plant in Mexico to produce electric vehicles. The facility will begin producing at least one EV beginning in 2023, GM said.

Will Lordstown Motors survive?

Both the Department of Justice and the Securities and Exchange Commission have launched probes into Lordstown Motors, and the company has said it only has enough money to survive through mid-2022.

How many total shares of GM stock are there?

Ownership Summary

Label Value
Institutional Ownership 81.53 %
Total Shares Outstanding (millions) 1,452
Total Value of Holdings (millions) $71,225

How much debt is GM?

According to the General Motors's most recent financial statement as reported on February 10, 2021, total debt is at $109.89 billion, with $72.98 billion in long-term debt and $36.91 billion in current debt. Adjusting for $19.99 billion in cash-equivalents, the company has a net debt of $89.90 billion.

How many shareholders does General Motors have?

Top 10 Owners of General Motors Co

Stockholder Stake Shares owned
BlackRock Fund Advisors 4.41% 64,044,440
Berkshire Hathaway, Inc. (Investm 4.13% 60,000,000
SSgA Funds Management, Inc. 3.73% 54,135,135
Harris Associates LP 2.40% 34,883,279

Is GE stock a buy?

Bottom line: GE stock is not a buy. Over the long term, buying an index fund, such as SPDR S&P 500 (SPY), would have delivered safer, higher returns than GE stock. If you want to invest in a large-cap stock, IBD offers several strong ideas here.

Did GM stock become worthless?

What really happened, was they took $2,000,000,000.00 (two billion) of the government's money (bailout) in the crisis of 2008–2009, they spent it on who knows what — then they went bankrupt shortly after — the stock went to zero! GM shareholders were assed out.

Can you get rich from dividend stocks?

How dividend stocks can make you rich: compounding dividends. Dividend stocks are an amazing way to grow wealth over time because of compounding. When you reinvest your dividends (rather than take your dividends as cash), those dividends will also generate dividends, and so on.

Why is Ford not paying dividends?

Ford was quick to cut the dividend to shore up cash as the coronavirus pandemic caused the automaker to shutter plants and dealerships last year to stop the spread of Covid. General Motors, which cut its dividend a month after Ford, has not reinstated its dividend.

Who owns Carl Black Chevrolet?

Dealers trust and respect Sweeney based on his track record leading Chevrolet since 2014 and Buick-GMC from 2010 to 2014, said Mike Bowsher, chairman of the Chevrolet National Dealer Council and owner of Carl Black Automotive Group in Kennesaw, Ga.

Who bought out GM?

GM and Volkswagen since reached a civil settlement, in which Volkswagen agreed to pay GM $100 million and to buy $1 billion worth of parts from GM.

Who owns the Chevrolet brand?

General Motors: An Overview. Ford Motor Company (NYSE: F) and Chevrolet, which is owned by General Motors Company (NYSE: GM), are the two largest automobile brands in the United States. 1 Both Ford and GM are leaders and fierce competitors in the global automobile industry.

Does Ford outsell GM?

The electric vehicle market has seen strong growth even in the midst of an ongoing pandemic. New numbers that were released not only reveal that overall sales have doubled during 2021 but that Ford is currently outselling GM in the electric vehicle wars.

Are Chevy trucks better than Ford trucks?

In our opinion, Chevy trucks are far superior to Ford trucks, which is a big part of the reason we sell so many of them all over the Valley of the Sun. Reliability is always a big decision for drivers in this part of the world because desert conditions can be so tough on cars.

Does Dodge own fiat?

Fiat Chrysler Automobiles

FCA owns Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Maserati, and Ram.

Who owns Vauxhall now?

Who owns Dodge?


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