JP Morgan Cuts General Motors (GM) Price Target to $110

JP Morgan has reaffirmed its Overweight rating on General Motors, adjusting its price target to $110, a 31.44% upside from the current price.

By EarningsIQ Research Desk · Published Oct 16, 2026, 2:04 PM EDT

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JP Morgan cut its price target on General Motors Company ($GM) to $110 from $120 on October 12, 2026, and rates the stock "Overweight".

Since the rating, $GM is up 1.9% to date (from the $82.37 close on Oct 12, 2026).

GM General Motors Company

$83.96 +4.36% year to date

Daily close · Oct 16, 2026

Key Points

On October 12, 2026, JP Morgan reiterated its Overweight rating on General Motors with a revised price target of $110, down from $120.
JP Morgan's $110 price target implies 31.44% upside from General Motors Company's ($GM) current $83.69 share price.
As of October 16, 2026, GM's stock is trading around $83.69, which is about 19.7% below the mean analyst price target of $104.17.
General Motors reported a trailing twelve-month revenue of approximately $185.5 billion, with a net margin of 1.1% and a return on equity of 3.2%.

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JP Morgan has reiterated its Overweight rating on General Motors Company (NYSE: GM) on October 12, 2026, and adjusted its price target to $110 from $120. This reflects a continued positive outlook despite the lower target.

Other Institutional Activity in General Motors

Blackrock Inc. trimmed its stake by 5,347,917 shares, now holding 77,309,218 shares valued at about $6.49 billion. Vanguard Capital Management LLC added 152,726 shares, bringing its total to 58,893,656 shares worth approximately $4.94 billion. State Street Corporation reduced its holdings by 71,220 shares, ending with 44,441,119 shares valued at around $3.73 billion. Vanguard Portfolio Management LLC grew its stake by 147,382 shares, totaling 37,937,650 shares worth about $3.18 billion. Franklin Resources, Inc. cut its position by 4,739,742 shares, now holding 31,303,928 shares valued at approximately $2.63 billion.

General Motors Company Stock Up 0.8%

As of October 16, 2026, GM's stock trades at $83.69, about 0.9% below its 50-day moving average of $84.41. The stock is also 8.9% below its 52-week high of $91.85 but remains 45.4% above its 52-week low of $57.55. The recent price is about 19.7% lower than the average analyst price target of $104.17.

12-month forecast

$GM price target

General Motors Company daily closes and this analyst's $110 target. Not advice.

Recent Earnings

General Motors reported trailing twelve-month revenue of approximately $185.5 billion and earnings per share of $2.23. The company has a return on equity of 3.2% and a net margin of 1.1%. Its next earnings report is scheduled for October 20, 2026.

Insider Buying and Selling at General Motors Company

On July 28, 2026, CEO Mary Teresa Barra sold 422,809 shares, valued at approximately $37.69 million. President Mark L Reuss sold 71,079 shares at an average price of $89.97, totaling about $6.39 million. Officer Christopher Hatto sold 6,895 shares at $90.00, worth around $620,550, and Officer Grant Michael Dixton sold 40,000 shares at $88.44, valued at about $3.54 million, both on the same day.

Analysts Set New Price Targets

On October 12, 2026, JP Morgan maintained its Overweight rating on GM, setting a new target of $110. Earlier, on October 6, Goldman Sachs maintained a Buy rating with a target of $112, and UBS also maintained a Buy rating with a target of $112.

About General Motors

General Motors Company designs, builds, and sells various vehicles and automobile parts worldwide. It operates through several segments, including GM North America and GM International. The company markets its vehicles under brand names like Buick, Cadillac, Chevrolet, and GMC.

Bottom Line

Investors will be looking forward to GM's next earnings release on October 20, 2026. With JP Morgan's updated target and ongoing analyst support, GM remains a focal point in the automotive sector.