Mary Barra, CEO of General Motors, is attending the annual Allen and Co. Sun Valley Media and Technology Conference in Idaho. General Motors is the top U.S.-traded automaker stock of 2025, with shares up over 55% to a record high of $80 per share, outperforming competitors like Tesla and Ford. CEO Mary Barra has cut her position in the company, selling about 1.8 million shares valued at over $73 million this year. Wall Street analysts are bullish on GM after the automaker’s strong quarterly earnings and predict a promising future for the company.UBS and Morgan Stanley have both raised their price targets for GM stock, with many citing GM’s cash generation, earnings resilience, and shareholder returns as reasons for optimism. The automaker is expected to benefit from regulatory changes under the Trump administration and has been consistently exceeding Wall Street estimates for quarterly earnings. GM stock has been on an upward trend since June, with the largest weekly gain of 19.3% occurring after the third-quarter earnings report. The boost in stock performance is partly attributed to external factors such as relaxed U.S. fuel economy and emissions standards and trade renegotiations with South Korea. GM CFO Paul Jacobson has stated that the company will continue stock buybacks as long as the stock remains undervalued. GM is rated overweight with an $80.86 target price by analysts.
Read more at CNBC
1. The stock market experienced a sharp decline today, with the Dow Jones Industrial Average dropping 500 points due to concerns over rising inflation and interest rates.
2. Apple announced record-breaking quarterly earnings, with revenue reaching $111.4 billion and iPhone sales exceeding expectations.
3. Tesla reported a profitable quarter, with revenue of $10.74 billion and a net income of $270 million, driven by strong demand for its electric vehicles.
4. The Federal Reserve decided to keep interest rates unchanged, citing the need for continued support for the economy amidst the ongoing pandemic.: GM’s record stock performance beats Tesla, Ford in 2025