RBC cuts General Motors stock target to USD 98 from USD 102
Published on 10/27/2026 at 11:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital returns and guidance
- RBC cut its General Motors target from USD 102 to USD 98 on October 21, 2026.
- Third-quarter revenue reached USD 50.015 billion in the period ending September 30, 2026.
- General Motors stock trades at EUR 68.75 at 11:14 a.m. CET at Lang & Schwarz on October 27, 2026, 0.78 percent above the Xetra close of October 26, 2026.
General Motors stock (ISIN US37045V1008) was trading at EUR 68.75 at Lang & Schwarz on October 27, 2026 at 11:14 a.m. CET, up 0.78 percent versus the Xetra close of October 26, 2026 at EUR 68.22. The key catalyst was a target cut by RBC after the automaker narrowed its 2026 profit outlook.
According to MarketScreener on October 21, 2026, RBC lowered its target for General Motors from USD 102 to USD 98 while keeping an outperform rating. The change followed the company's third-quarter results and updated guidance.
Guidance narrows after a strong quarter
General Motors reported third-quarter revenue of USD 50.015 billion for the period ending September 30, 2026. Operating profit reached USD 3.598 billion, while net income attributable to common shareholders was USD 3.305 billion, according to the latest financial statement.
The company narrowed adjusted 2026 EBIT guidance to USD 14.5 billion-USD 15.5 billion from USD 14.0 billion-USD 16.0 billion. It also raised adjusted automotive free-cash-flow guidance to USD 11.5 billion-USD 12.5 billion from USD 9.5 billion-USD 11.5 billion, according to General Motors on October 20, 2026.
What does the buyback mean for cash flow?
The board approved a new USD 20.0 billion multiyear repurchase authorization on October 20, 2026. Management also reported USD 2.5 billion in third-quarter repurchases and USD 5.9 billion in adjusted automotive free cash flow, making capital returns a central part of the updated investor case.
Three dates frame the next steps
The recent sequence began with third-quarter revenue of USD 50.015 billion on October 20, 2026, followed by RBC's USD 102 to USD 98 target reduction on October 21, 2026. GM's next scheduled earnings announcement is January 27, 2027, according to General Motors. A December 4, 2026 ex-dividend date and a USD 0.18 quarterly dividend are listed by MarketScreener.
Stock holds above the Xetra close
General Motors was trading at EUR 68.75 at Lang & Schwarz on October 27, 2026 at 11:14 a.m. CET, 0.78 percent above the Xetra close of October 26, 2026 at EUR 68.22. The primary listing is on the NYSE, where the company trades under the ticker GM.
The further course of trading is shown by the continuously updated real-time quote of General Motors stock.
General Motors stock facts
- Company: General Motors Company
- ISIN: US37045V1008
- Ticker: GM
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 27, 2026, 11:14 a.m. CET): EUR 68.75
- Change versus Xetra close: plus 0.78 percent
- Xetra close (October 26, 2026): EUR 68.22
- Market capitalization: EUR 58.3 billion (as of October 27, 2026)
- 52-week range: EUR 58.01-79.53 (as of October 27, 2026)
- Sector / Industry: Consumer Cyclical / Auto - Manufacturers
Market context: Market report S&P 500.
