Goldman Sachs raises target for General Motors stock to USD 112.00

Published on 10/07/2026 at 14:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter sales fell 6.00 percent to 670,974 vehicles. General Motors stock costs EUR 72.78 on October 7, 2026 after EUR 72.73.

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General Motors (ISIN US37045V1008) was trading at EUR 72.78 at Lang & Schwarz on October 7, 2026 at 2:48 p.m. CEST, plus 0.07 percent versus the prior close of EUR 72.73. According to Aktiencheck on October 5, 2026, Goldman Sachs raised its target from USD 103.00 to USD 112.00 and kept its Buy rating. The target increase equals 8.74 percent.

Target rises before third-quarter results

The Goldman Sachs view rests on two operating arguments: stable pricing and conservative fourth-quarter volume assumptions already reflected in General Motors' outlook. The source said analyst Mark Delaney expected a positive third-quarter report, making the USD 112.00 target the article's central market catalyst.

Vehicle sales fall 6.00 percent

According to FinanzNachrichten on October 1, 2026, General Motors reported third-quarter sales of 670,974 vehicles, down 6.00 percent from the year-earlier level. The decline reflected weaker electric-vehicle demand and discontinued vehicles, while the company's highest-volume models stayed at the year-ago level.

The sales mix creates a clear test for the analyst thesis. Stable pricing can support profitability when volumes soften, but larger discounts would weaken the margin benefit that Goldman Sachs highlighted.

Second-quarter figures set the base

Investing.com reported that General Motors generated USD 48.03 billion in revenue in the second quarter of 2026, while adjusted earnings per share reached USD 3.57 versus a USD 3.18 consensus estimate. Revenue therefore exceeded the stated estimate by USD 1.01 billion.

That comparison gives investors a concrete benchmark for the next report. The company enters the third-quarter release with a recent revenue beat, but the 6.00 percent sales decline shows why pricing and product mix matter more than unit growth alone.

Stock remains below its yearly high

General Motors had a market capitalization of USD 74.2 billion as of October 6, 2026. Its NYSE 52-week range was USD 54.33 to USD 91.85, placing the US-listed company in the upper half of its annual trading band.

Price stays near EUR 73.00

At Lang & Schwarz, General Motors stock was trading at EUR 72.78 on October 7, 2026 at 2:48 p.m. CEST, plus 0.07 percent versus the prior close of EUR 72.73. The euro quote is an intraday indication for German-market investors and is separate from the NYSE quotation in US dollars. The further course of trading is shown by the continuously updated real-time quote of General Motors stock.