Jefferies analyst Philippe Houchois maintained a Hold rating on General Motors today and set a price target of $55.00.
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Philippe Houchois has given his Hold rating due to a combination of factors influencing General Motors’ financial performance. The company has demonstrated strong execution in recent quarters, consistently surpassing consensus expectations at the adjusted EBIT level. However, despite these positive results, the overall volume and price dynamics remain largely unchanged, with tariffs being a significant factor affecting the company’s financials.
Additionally, while there has been some relief from tariffs, the impact of warranty charges and a write-down of EV investments pose challenges. Although GM has raised its adjusted EBIT guidance for 2025, the potential for further EV losses and the mixed results across different divisions contribute to a cautious outlook. As a result, Houchois maintains a Hold rating, reflecting a balanced view of the company’s current strengths and ongoing uncertainties.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GM in relation to earlier this year.