--- title: "These Analysts Boost Their Forecasts On General Motors After Better-Than-Expected Q2 Results" type: "News" locale: "en" url: "https://longbridge.com/en/news/293499217.md" description: "General Motors reported Q2 earnings of $3.57 per share, beating estimates, and raised FY26 adjusted EPS guidance to $12-$14. Despite positive results, shares fell 2.5%. Analysts from Barclays, JP Morgan, and RBC Capital increased their price targets for GM stock following the announcement." datetime: "2026-07-22T16:14:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293499217.md) - [en](https://longbridge.com/en/news/293499217.md) - [zh-HK](https://longbridge.com/zh-HK/news/293499217.md) generator: "portal-rs" --- # These Analysts Boost Their Forecasts On General Motors After Better-Than-Expected Q2 Results **General Motors** (NYSE:GM) on Tuesday reported better-than-expected second-quarter financial results and raised its FY26 adjusted EPS guidance with its midpoint above estimates. General Motors reported quarterly earnings of $3.57 per share which beat the analyst consensus estimate of $3.20 per share. The company reported quarterly sales of $48.026 billion which beat the analyst consensus estimate of $47.011 billion. GM raised its 2026 adjusted EPS guidance to $12-$14 from its previous range of $11.50-$13.50. The new outlook compares with the analyst consensus estimate of $12.76. The automaker also increased its adjusted EBIT guidance to $14 billion-$16 billion from $13.5 billion-$15.5 billion. However, GM lowered its GAAP diluted EPS forecast to $8.98-$10.98 from $10.62-$12.62. Analysts had expected $10.80. General Motors shares fell 2.5% to trade at $168.72 on Wednesday. These analysts made changes to their price targets on General Motors following earnings announcement. - Barclays analyst Dan Levy maintained the stock with an Overweight rating and raised the price target from $105 to $110. - JP Morgan analyst Rajat Gupta maintained the stock with an Overweight rating and raised the price target from $110 to $120. - RBC Capital analyst Tom Narayan maintained the stock with an Outperform rating and raised the price target from $94 to $100. **Considering buying GM stock? Here’s what analysts think:** *Photo via Shutterstock* ### Related Stocks - [GM.US](https://longbridge.com/en/quote/GM.US.md) ## Related News & Research - [General Motors Stock (GM) in Focus on Plan to Build Heavy-Duty Truck in Canada Despite U.S. Tariffs](https://longbridge.com/en/news/297673658.md) - [Chart master: How to play GM and Ford](https://longbridge.com/en/news/298370734.md) - [GM's Canadian workers approve deal adding truck to Ontario plant amid US trade war](https://longbridge.com/en/news/297444026.md) - [GM Q2 profit likely higher; margin strength, vehicle demand on focus](https://longbridge.com/en/news/293249188.md) - [General Motors is set to report earnings before the bell. Here's what Wall Street expects](https://longbridge.com/en/news/293284738.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**