RBC Capital Raises General Motors (GM) Price Target to $102

RBC Capital has reaffirmed its Outperform rating for General Motors with a price target of $102, a 21.88% upside from the current price.

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

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RBC Capital raised its price target on General Motors Company ($GM) to $102 from $100 on October 12, 2026, and rates the stock "Outperform".

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, RBC Capital reiterated its Outperform rating on General Motors, setting a price target of $102, up from $100.
RBC Capital's $102 price target implies 21.88% upside from General Motors Company's ($GM) current $83.69 share price.
As of October 16, 2026, GM shares were trading at $83.69, which is about 19.7% below the average analyst price target of $104.17.
General Motors has a trailing revenue of $185.5 billion and is expected to report earnings on October 20, 2026.

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RBC Capital has reiterated its Outperform rating for General Motors Company (NYSE: GM) on October 12, 2026, with a price target increase to $102 from $100.

RBC Capital's Call on General Motors

RBC Capital maintained its bullish outlook on General Motors, emphasizing the company's recent results. The updated price target reflects the firm's confidence in GM's performance amid a competitive automotive market.

Other Institutional Activity in General Motors

Several institutional investors have recently adjusted their positions in General Motors. Blackrock Inc. reduced its holdings by 5,347,917 shares, bringing its total to 77,309,218 shares worth about $6.49 billion. Vanguard Capital Management LLC added 152,726 shares, increasing its position to 58,893,656 shares valued at approximately $4.94 billion. State Street Corporation trimmed its stake by 71,220 shares, ending with 44,441,119 shares worth around $3.73 billion. Vanguard Portfolio Management LLC increased its holdings by 147,382 shares, totaling 37,937,650 shares valued at about $3.19 billion. Franklin Resources, Inc. cut its position by 4,739,742 shares, ending with 31,303,928 shares valued at roughly $2.63 billion.

General Motors Company Stock Up 0.8%

As of October 16, 2026, GM shares were recently traded around $83.69. This price is about 8.9% below the 52-week high of $91.85 and 45.4% above the 52-week low of $57.55. GM's stock is currently below its 50-day moving average of $84.41, indicating some short-term weakness, but it is above its 200-day moving average of $80.68.

12-month forecast

$GM price target

General Motors Company daily closes and this analyst's $102 target. Not advice.

Recent Earnings

General Motors reported trailing revenue of $185.5 billion and an earnings per share (EPS) of $2.23. The company's net margin stands at 1.1%, and return on equity (ROE) is at 3.2%. The 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 about $37.69 million. President Mark L. Reuss sold 71,079 shares at an average price of $89.97, totaling approximately $6.39 million. Officer Christopher Hatto sold 6,895 shares for about $620,550, while Grant Michael Dixton sold 40,000 shares at an average price of $88.44, valued at around $3.54 million. All transactions occurred without a planned schedule.

Analysts Set New Price Targets

On October 12, 2026, RBC Capital maintained its Outperform rating on General Motors with a new price target of $102, up from $100. JP Morgan also maintained an Overweight rating with a target of $110 on the same day. Other firms, such as UBS and Goldman Sachs, have recently reiterated Buy ratings with targets of $112 and $114 respectively.

About General Motors

General Motors Company designs, builds, and sells a variety of vehicles, including trucks and cars, under several brand names such as Chevrolet and Cadillac. The company operates globally and has a significant presence in the automotive market. RBC Capital's reaffirmation of its rating highlights confidence in GM's strategic direction and operational performance.

Bottom Line

Investors should keep an eye on GM's upcoming earnings report on October 20, 2026, as well as any further analyst updates. RBC Capital's continued support suggests a positive outlook for the company amid recent market conditions.