General Motors Company (GM) Stock Forecast & Price Prediction 2024, 2025, 2030, 2040, and 2050
Stay updated on General Motors Company (GM) stock with short-term forecast for year 2024 and long-term price prediction for 2025 - 2050. Access historical performance, see analyst ratings, and follow the latest General Motors Company news and developments.
1 Month Prediction
$60.20 [0.00%]
3 Month Prediction
$70.44 [17.01%]
6 Month Prediction
$79.13 [31.45%]
1 Year Prediction
$87.96 [46.11%]
3 Year Prediction
$122.48 [103.45%]
5 Year Prediction
$145.36 [141.46%]
About General Motors Company
General Motors Company (GM) is an American multinational automotive manufacturer headquartered in Detroit, Michigan. Founded on September 16, 1908, by William C. Durant, GM designs, builds, and sells a range of vehicles, including cars, trucks, and SUVs, under brands such as Chevrolet, Buick, GMC, and Cadillac. The company operates manufacturing plants in eight countries and maintains a global presence.
In 2023, GM reported sales of approximately 6.19 million vehicles worldwide. The company's financial performance for the same year included an operating income of $9.298 billion and a net income of $9.840 billion. As of 2023, GM employed around 163,000 individuals globally.
GM has announced plans to transition to an all-electric vehicle lineup, aiming to end the production and sale of vehicles with internal combustion engines by 2035. This initiative is part of the company's broader goal to achieve carbon neutrality by 2040.
General Motors Company (GM) Historical Performance
IPO Date
General Motors Company (NYSE:GM) went public on 17 November, 2010.
Change
Since inception, GM has increased by 116.28%. In the last 5 years, GM has risen from $34.95 to $60.20, a massive 72.23% increase since 2019.
Historical Highs and Lows
In the past 5 years, the stock reached a high of $60.20 and a low of $20.06.
52 Week Range
$28.33
$61.1465
The current price $60.20 is near the 52-week high, which means that the stock is overbought.
GM Stock Price History
Based on GM stock's historical price data, this table shows how the stock has performed in the last 6 years. Since 2018, the GM stock has risen from $31.19 - $38.14 to $38.49 - $60.2, which is up 50.94%. Currently, the stock follows upward trend.
Here, we have calculated stock range of GM, indicating the highs and lows for each year, the average price based on the daily closing prices each year, and the change% from the average price.
Year | Stock Price | Avg Price | Change% | Year Change |
---|---|---|---|---|
2019 | $31.19 - $38.14 | $35.35 | 15.29 | 1 Year Change |
2020 | $20.06 - $42.83 | $29.41 | -4.08 | 2 Year Change |
2021 | $47.88 - $57.95 | $54.12 | 76.5 | 3 Year Change |
2022 | $31.03 - $51.52 | $38.42 | 25.3 | 4 Year Change |
2023 | $27.89 - $38.59 | $34.44 | 12.32 | 5 Year Change |
2024 | $38.49 - $60.2 | $46.28 | 50.94 | 6 Year Change |
GM Price Performance
6-Month Performance
GM stock jumped by 30.24% in the last six months.
1-Year Performance
The stock has trended upwards by 68.96% in the past year.
3-Year Performance
In the last 3 years, the stock has soared by 5.09%.
5-Year Performance
In the last 5 years, the stock has gone up by 72.23%.
According to General Motors Company's historical data, below graph gives us the exact picture of how the GM stock has performed year-over-year. Here, Each bar on the graph represents a particular year that illustrates how the stock's price changed from one year to the next.
YoY Performance
In the last five years, the stock has shown positive growth in 4 years and a decline in 1 year.
2019
13.99% ↑
2020
16.39% ↑
2021
40.80% ↑
2022
42.49% ↓
2023
8.16% ↑
NOTE: Green bars indicate that the stock has risen compared to the previous year, while red bars show that the stock has fallen.
General Motors Company (GM) Financials & Stock Analysis
Total Revenue
Quarterly Revenue: $48.76 B (Q3)
Revenue for Q3 ending 30th September, 2024 increased 1.64% compared to Q2 ending 30th June, 2024.
Annual Revenue: $182.72 B (1Y)
Revenue for trailing 12 months increased 6.33% year over year from 31st December, 2023.
Market Capitalization
General Motors Company has a market capitalization of $66.20B, which places GM in the large-cap category.
Fundamental Analysis
EPS: $2.71 (Q3), $7.35 (1Y)
EPS increased 5.45% since last quarter, and increased 19.12% since last year.
Net Income: $3.06 B (Q3), $10.13 B (1Y)
Net Income increased 4.19% since last quarter, and increased 1.94% since last year.
Free Cash Flow: $862.00 M (Q3), $-3.68 B (1Y)
Free Cash Flow decreased 233.44% since last quarter, and decreased 28.46% since last year.
Net Profit Margin: 6.27% (Q3), 5.54% (1Y)
Net Profit Margin increased 2.51% since last quarter, and decreased 4.12% since last year.
Below, we have listed 12 key indicators for Fundamental analysis for GM stock. These indicators help you understand General Motors Company's financial health, earnings and growth potential, and make a decision if the stock is a good long-term investment or not.
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Technical Analysis
Here, we have listed 5 key indicators for Technical Analysis for GM stock. These indicators help investors study past price movements and trading volumes to forecast future price changes, and find the right time when to buy, sell or hold the stock.
Technical Indicators | Value |
---|---|
SMA20 | $55.24 |
SMA50 | $51.01 |
SMA200 | $46.02 |
RSI | 75.63 |
Beta | 1.41 |
SMA20 < Current Price
This signals GM stock is in short-term bullish momentum.
SMA50 < Current Price
This signals GM stock is in mid-term bullish momentum.
SMA200 < Current Price
This signals GM stock is in long-term bullish momentum.
Sentiment Based on Technical Analysis
Based on 8 technical analysis indicators, the overall sentiment for GM stock is Bullish. Out of all indicators, 6 indicates bullish signals, 2 signals bearish trends and 1 gives neutral trends. The GM stock forecast was last updated on 26 November, 2024.
General Motors Company (GM) Stock Price Prediction and Forecast
According to short-term forecast, the stock is expected to rise to $60.20 by the end of 2024, and can reach around $92.62 to $112.87 in 2025. And, the long-term forecast suggests that the stock may further drop to $123.62 - $117.23 in 2027, and $153.49 - $167.38 by 2030. So, the GM stock shows a strong upward trend in the next several years.
Short-term GM Stock Price Prediction & Forecast
Date | Forecasted Price | Change% |
---|---|---|
2024-12 | $60.20 | 0.0% |
In 2024, the GM stock price is expected to fluctuate between $60.2 and $60.2. According to the monthly forecast, the stock could rise to $60.20 by December 2024. If compared to the GM's current price, the stock could gain 0.0% by the end of this year.
Long-term GM Stock Price Prediction & Forecast
Year | Year Start | Year Mid | Year End | Change% |
---|---|---|---|---|
2025 | $92.62 | $91.72 | $112.87 | 87.49% |
2026 | $107.35 | $110.66 | $122.28 | 103.12% |
2027 | $123.62 | $129.99 | $117.23 | 94.73% |
2028 | $144.61 | $149.70 | $171.02 | 184.09% |
2029 | $137.92 | $157.01 | $160.46 | 166.54% |
2030 | $153.49 | $181.92 | $167.38 | 178.04% |
2031 | $149.71 | $148.73 | $199.87 | 232.01% |
2032 | $171.39 | $182.36 | $170.48 | 183.19% |
2033 | $199.89 | $191.32 | $191.50 | 218.11% |
2034 | $177.01 | $177.57 | $191.33 | 217.82% |
2035 | $252.59 | $205.52 | $223.14 | 270.66% |
2036 | $169.56 | $212.56 | $257.04 | 326.98% |
2037 | $249.12 | $288.07 | $234.33 | 289.25% |
2038 | $216.10 | $268.55 | $257.55 | 327.82% |
2039 | $281.80 | $264.01 | $284.88 | 373.22% |
2040 | $250.66 | $298.14 | $223.22 | 270.8% |
2041 | $270.44 | $305.71 | $309.82 | 414.65% |
2042 | $288.38 | $278.40 | $325.57 | 440.81% |
2043 | $254.90 | $270.31 | $265.72 | 341.4% |
2044 | $336.13 | $311.00 | $353.44 | 487.11% |
2045 | $362.11 | $337.38 | $299.34 | 397.24% |
2046 | $341.28 | $320.09 | $321.19 | 433.54% |
2047 | $361.11 | $349.87 | $261.74 | 334.78% |
2048 | $317.25 | $349.40 | $346.90 | 476.25% |
2049 | $378.65 | $317.59 | $307.71 | 411.15% |
2050 | $409.44 | $347.61 | $347.79 | 477.72% |
General Motors Company (GM) Stock Price Prediction & Forecast 2024 - 2025
At the start of 2024, the GM stock was at $38.49. Today, it is trading at $60.20, which is 56.41% increase from price at the beginning of the year. By the end of this year, you can expect the stock to fall to by December 2024 with a -0.00% change.
In early 2025, the GM price is expected to climb from $60.20 to $92.62, a change of 53.85% from the current price. By mid-2025, the stock may move down by -0.97% on $91.72 and end the year at $112.87, which is 87.49% compared to today's price.
General Motors Company (GM) Stock Price Prediction & Forecast 2026 - 2030
In the next five years, there will be a significant appreciation in the GM stock. During this period, the GM's price is forecasted to shift from $107.35 to $167.38, which is 55.92% gain.
In 2026, the stock would possibly open at $107.35, escalates to $110.66 by mid-year, and wraps up at $122.28, reflecting a 103.12% increase from today's price. Further moving to 2030, the stock can kick off the year at $153.49, soar to $181.92 by mid-year, and finish at $167.38, which is 178.04% change from current price.
General Motors Company (GM) Stock Price Prediction & Forecast 2031 - 2040
During this period, the stock would move from $149.71 to $223.22, which is up 232.01%
In 2031, we can expect GM to fluctuate between $149.71 and $199.87, a shift indicating a 232.01% gain by year-end compared to current price. And Until 2040, GM can likely vary from $223.22 to $250.66. By the end of 2040, the stock could record a 270.80% rise from today's stock price.
General Motors Company (GM) Stock Price Prediction & Forecast 2041 - 2050
According to long-term forecast, the GM stock can see an an upturn from $270.44 to $347.79 in this period. In 2041, the stock can experience a high of $305.71 by mid-year, closing the year at $309.82. This results in a 407.82% increase from today.
Moving towards the end of 2050, GM is projected to open the year at $409.44. The stock may dip to $347.61 during mid-year and finish the year at $347.79. Compared to the stock's current price, this translates to an overall gain of 477.72% by 2050.
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GM : Buy, Sell Or Hold?
Analyst Ratings
Based on 26 analysts, 7 rated as a strong buy, 9 recommended a buy, 7 suggested a hold, 2 advised a sell, and 1 indicated a strong sell.Three months ago, out of 27 analysts, 6 analysts gave a strong buy rating, 13 a buy rating, 7 a hold rating, 0 advised selling, and 1 suggested a strong sell.So, according to analyst ratings, the recommendation for GM stock is Buy.
Expert Analysis
According to GM short-term and long-term forecast, General Motors Company shares are projected to go up by 477.72%, and reach a value of $347.79 per share by 2050.
As per technical analysis, indicators show a Bullish sentiment, while Fear & Greed Index stands at 71.42857142857143, which signals Greed. Also, GM has recorded 13/30 green days, which reflects a 61.904761904761905% positivity rate with a price volatility of 0.03%.
Plus, Price-to-Earnings (P/E) ratio of 6.42476 suggests that GM stock is overvalued. So, Based on GM prediction and analysis, it may be the best time to hold GM stock right now.
Disclaimer: Stock predictions, forecasts and price targets provided for "GM” are solely for informational and educational purposes and should not be treated as investment or financial advice. Always conduct your own research or consider consulting with a financial advisor before making any investment decisions.