General Motors (GM) Stock Forecast & Price Target

General Motors Co. has experienced a significant resurgence, regaining its US market share leadership in 2022 with a 17.0% share, following a period impacted by supply chain issues. The company has reported a double-digit increase in overall vehicle deliveries year-to-date, with electric vehicle deliveries rising 8% year-over-year, reflecting strong market demand aided by the $7,500 EV tax credit. GM's strategic navigation of tariff challenges and its solid growth momentum, particularly in the electric vehicle market, underline the company's potential for continued financial success moving into 2026.

General Motors is confronting significant financial challenges due to an anticipated $4 billion to $5 billion in tariff-related costs, which are expected to negatively affect its adjusted EBIT and free cash flow. Moreover, the company is experiencing a slowdown in demand for electric vehicles (EVs) exacerbated by the recent cessation of consumer EV tax credits, which casts uncertainty over its EV business strategy and margin expansion capabilities. These factors combine to create a negative outlook, as GM navigates an increasingly complex operational landscape while attempting to implement cost mitigation strategies.