General Motors Co (NYSE:GM) stock surges to record highs, up 9.1% at $86.66 after beating Q4 earnings expectations. Revenue slightly below estimates. Announces 20% dividend increase, $6 billion share repurchase program, and strong 2026 earnings guidance.

GM up 57.8% year-over-year, rallying since early-April lows. Shares break above 20-day moving average’s resistance, consolidating near $80 level. Potential best daily percentage gain since October 2024 if gains hold.

Options traders active on GM, 49,000 calls and 30,000 puts exchanged. Weekly 1/30 85-strike call most popular, followed by 88-strike call. New positions opened in both.

Analysts have yet to comment on results. 17 analysts rate GM as “buy,” eight as “hold,” and two as “strong sell.” 12-month consensus price target of $83.13 is a 4% discount to current levels.

Read more at Yahoo Finance: General Motors Stock Surges to Record Highs After Earnings