JPMorgan cuts General Motors stock target to USD 110.00
Published on 10/14/2026 at 11:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSJPMorgan changes its valuation view
- JPMorgan lowered its General Motors target from USD 120.00 to USD 110.00 on October 12, 2026.
- Adjusted earnings per share reached USD 3.57 in the second quarter of 2026 against USD 3.19 consensus.
- General Motors stock trades at EUR 75.00 at 11:31 a.m. CEST at Lang & Schwarz on October 14, 2026, 0.05 percent below the Xetra close of October 13, 2026.
JPMorgan lowered its General Motors target from USD 120.00 to USD 110.00 on October 12, 2026, while retaining an Overweight rating, according to Markets Insider. The note described a muted setup ahead of General Motors third-quarter results and pointed to cautious preliminary 2027 outlook commentary.
Analyst target meets earnings pressure
The valuation reset arrives before GM reports its third-quarter results. MarketBeat reported on October 13, 2026 that analysts expected USD 3.68 in earnings per share and USD 48.77 billion in revenue for the third quarter. Those figures are forecasts, not reported results.
General Motors had delivered adjusted earnings per share of USD 3.57 in the second quarter of 2026, above the USD 3.19 consensus, while revenue reached USD 48.03 billion against USD 47.01 billion expected, according to MarketBeat. Revenue increased 1.92 percent from the year-earlier quarter, giving investors a stronger comparison point than the revised target alone.
Three dates chart the setup
On July 21, 2026, General Motors reported second-quarter revenue of USD 48.03 billion and adjusted earnings per share of USD 3.57, as summarized by MarketBeat. On September 15, 2026, GM announced that its third-quarter results would be released at approximately 6:30 a.m. ET on October 20, 2026, according to General Motors. The latest event was JPMorgan's October 12 target cut from USD 120.00 to USD 110.00.
What does the next report test?
The October 20 release will test whether the forecast USD 48.77 billion revenue figure can extend the second-quarter comparison and whether adjusted earnings per share can approach the projected USD 3.68. GM has also scheduled its fourth-quarter earnings announcement for January 27, 2027, according to General Motors.
Stock trades near its yearly high
General Motors was trading at EUR 75.00 at Lang & Schwarz on October 14, 2026 at 11:31 a.m. CEST, 0.05 percent below the Xetra close of October 13, 2026 at EUR 75.04. The primary listing is on the NYSE under ticker GM, and the euro-denominated 52-week range was EUR 48.16 to EUR 79.53 as of October 14, 2026. The continuously updated real-time quote of General Motors stock.
General Motors stock facts
- Company: General Motors Company
- ISIN: US37045V1008
- WKN: A1C9CM
- Ticker: GM
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 14, 2026, 11:31 a.m. CEST: EUR 75.00
- Change versus Xetra close: minus 0.05 percent
- Xetra close October 13, 2026: EUR 75.04
- Market capitalization: EUR 67.4 billion (as of October 14, 2026)
- 52-week range: EUR 48.16-EUR 79.53 (as of October 14, 2026)
- Sector / Industry: Consumer Discretionary / Automobile Manufacturers
- Index membership: S&P 500
- Next earnings date: October 20, 2026
Market context: Market report S&P 500.
