General Motors Nabs Slew of Target Boosts on Strong Earnings
The Detroit-based automotive behemoth roared into view with strong earnings, a robust 2026 outlook and a plan to buy back up to $6 billion in shares and raise its dividend.
Photographer: Emily Elconin/BloombergGeneral Motors Co.’s blockbuster fourth-quarter results prompted more than a dozen Wall Street analysts to boost their price targets on the carmaker, sending a signal to investors that the furious rally in the stock is far from over.
The Detroit-based automotive behemoth roared into view with strong earnings, a robust 2026 outlook and a plan to buy back up to $6 billion in shares and raise its dividend. The stock closed up 8.7% on Tuesday after the results, capping a 70% gain over the past year. It partially trimmed its gains Wednesday, falling 1.7% to close at $84.90.