General Motors rises after Q2 earnings beat and higher 2026 outlook

General Motors (GM) is up 3.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely catalyst is a stronger-than-expected second-quarter earnings report paired with a higher full-year 2026 outlook. Investors also appeared encouraged by solid North America margins, resilient pickup and SUV demand, and continued capital returns through buybacks and the quarterly dividend.

Details:

GM reported second-quarter adjusted EBIT of $3.9 billion and adjusted EPS of $3.57, while revenue reached about $48.0 billion.

The company raised 2026 guidance again, lifting adjusted EBIT to $14.0 billion to $16.0 billion and adjusted EPS to $12.00 to $14.00.

Management highlighted strong customer demand in North America for pickups and SUVs, along with consistent pricing and incentive discipline below the industry average.

GM also said it repurchased $2.0 billion of stock in the quarter, retired about 25 million shares, and declared a $0.18 quarterly dividend.

Sources:

GM Investor Relations, Investing.com, Benzinga

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$GM Insider Trading Activity

$GM insiders have traded $GM stock on the open market 20 times in the past 6 months. Of those trades, 0 have been purchases and 20 have been sales.

Here’s a breakdown of recent trading of $GM stock by insiders over the last 6 months:

MARY T BARRA (Chair & CEO) has made 0 purchases and 10 sales selling 552,641 shares for an estimated $45,637,463.
MARK L REUSS (President) has made 0 purchases and 4 sales selling 480,724 shares for an estimated $38,709,454.
RORY HARVEY (Executive Vice President) has made 0 purchases and 4 sales selling 94,270 shares for an estimated $7,824,567.
PAUL A JACOBSON (Executive Vice President & CFO) sold 40,000 shares for an estimated $3,200,000
CHRISTOPHER HATTO (Vice President & CAO) sold 6,895 shares for an estimated $586,075

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$GM Hedge Fund Activity

We have seen 667 institutional investors add shares of $GM stock to their portfolio, and 647 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

HARRIS ASSOCIATES L P removed 3,950,036 shares (-22.7%) from their portfolio in Q1 2026, for an estimated $291,236,154
FRANKLIN RESOURCES INC added 3,886,349 shares (+12.1%) to their portfolio in Q1 2026, for an estimated $286,540,511
QUBE RESEARCH & TECHNOLOGIES LTD added 3,774,920 shares (+240.1%) to their portfolio in Q1 2026, for an estimated $278,324,851
AQR CAPITAL MANAGEMENT LLC added 3,008,833 shares (+27.6%) to their portfolio in Q1 2026, for an estimated $221,841,257
TWO SIGMA INVESTMENTS, LP added 2,632,526 shares (+79.7%) to their portfolio in Q1 2026, for an estimated $194,096,141
VIKING GLOBAL INVESTORS LP added 2,370,848 shares (+34.8%) to their portfolio in Q1 2026, for an estimated $174,802,623
SKANDINAVISKA ENSKILDA BANKEN AB (PUBL) removed 2,231,091 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $164,498,339

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$GM Government Contracts

We have seen $627,543,307 of award payments to $GM over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

NEXT GENERATION LIMOUSINES (NGL4).: $13,479,530
THE PURPOSE OF THIS CONTRACT IS FOR THE CAMP DAVID LIMOUSINE REFRESH: $6,542,445
FINANCIAL ASSETS ADMIN: $150,000
4X4 SUV, FULL SIZE, 4 DR, 8 PASS, MIN 7000 LBS GVWR: $77,957
4X4 SUV, FULL SIZE, 4 DR, 8 PASS, MIN 7000 LBS GVWR: $77,957

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$GM Analyst Ratings

Wall Street analysts have issued reports on $GM in the last several months. We have seen 2 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

Mizuho issued a "Outperform" rating on 01/28/2026
Barclays issued a "Overweight" rating on 01/28/2026
Wells Fargo issued a "Underweight" rating on 01/28/2026

To track analyst ratings and price targets for $GM, check out Quiver Quantitative's $GM forecast page.

$GM Price Targets

Multiple analysts have issued price targets for $GM recently. We have seen 16 analysts offer price targets for $GM in the last 6 months, with a median target of $98.5.

Here are some recent targets:

Ryan Brinkman from JP Morgan set a target price of $110.0 on 07/08/2026
Colin Langan from Wells Fargo set a target price of $60.0 on 06/25/2026
Tom Narayan from RBC Capital set a target price of $95.0 on 06/11/2026
Michael Ward from Citigroup set a target price of $131.0 on 06/01/2026
Dan Ives from Wedbush set a target price of $95.0 on 05/11/2026
George Galliers from Evercore ISI Group set a target price of $100.0 on 05/04/2026
Vijay Rakesh from Mizuho set a target price of $100.0 on 04/29/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.