---
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)
---

# 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_

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