General Motors Company’s Stock Price Soars to $48.48, Skyrocketing with a 7.21% Increase

General Motors Company (GM)

48.48 USD +3.26 (+7.21%) Volume: 27.69M

General Motors Company’s stock price soared to $48.48, marking a 7.21% increase in this trading session with a high trading volume of 27.69M, despite a year-to-date decrease of 8.99%.

Latest developments on General Motors Company

General Motors (GM) stock price saw movements today after President Trump held a call with GM and Ford CEOs regarding potential tariff delays. The White House granted Ford, Stellantis, and GM a one-month exemption from tariffs following discussions. GM also made headlines for hiring its first chief AI officer, signaling a focus on innovation in vehicles. Despite the positive news, GM faced a lawsuit for allegedly selling driver data to insurers. The stock rose 4% on tariff news, while Ford gained 2.4%. Analysts predict tariffs could impact automaker profits, with Ford, GM, and Stellantis facing potential risks. Despite challenges, GM remains focused on technological advancements and market competitiveness.

General Motors Company on Smartkarma

Analysts on Smartkarma have provided mixed coverage on General Motors (GM). Baptista Research published a bullish report on GM’s financial results for the fourth quarter of 2024, highlighting significant revenue growth and strong performance in various key metrics. On the other hand, William Keating’s bearish report discussed GM’s decision to cease funding its Cruise subsidiary, impacting its RoboTaxi ambitions. The market’s reaction to this move was neutral, indicating differing sentiments among investors.

Another bullish report by Baptista Research delved into GM’s strategic moves towards an electric vehicle (EV)-focused future. The company’s actions, including a stake sale in a battery cell plant and significant write-offs in its Chinese joint venture, demonstrate its commitment to adapting to changing market dynamics. Additionally, Baptista Research analyzed the impact of EV production and sales volume on GM’s revenues and profitability, highlighting the company’s positive performance and outlook for the future.

A look at General Motors Company Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

General Motors Co. is expected to have a positive long-term outlook based on the Smartkarma Smart Scores. With a top score in Value, the company is seen as a solid investment option. Additionally, its high Growth and Momentum scores indicate potential for future expansion and market performance. However, lower scores in Dividend and Resilience suggest some areas of concern for investors to keep an eye on.

As a leading manufacturer of new cars and trucks, General Motors Co. provides a wide range of features and services for customers worldwide. With a focus on innovation and technology, the company offers special features for drivers with unique needs, as well as advanced vehicle protection through OnStar. Despite some lower scores in certain areas, General Motors remains a key player in the automotive industry with a strong global presence.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.

💡 Before it’s here, it’s on Smartkarma