Wells Fargo Raises GM’s Price Target to $38 Following Q2 Earnings

1 min read Reproduced verbatim
Rating
Underweight
Unchanged
Target
$38
from $34 (+12%)
Outcome
Missed
within 12 months
Wells Fargo and General Motors logos

What the analyst said

Wells Fargo analyst Colin M. Langan raised the price target on General Motors to $38.00 (from $34.00) while maintaining an Underweight rating.

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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

GM trades at $86.16. The 10 analysts who set a target in the last 3 months range from $95 to $132, with a median of $103. This $38 target is 63% below the median, the lowest on the Street.

Since the note GM has moved +76% (from $48.89). The 12-month window closed on July 23, 2026.

Track record

This call✗ Not reached within 12 months: a year after the note GM closed at $80.67, 112% above the $38 target, and it moved the other way.

Firm track recordWells Fargo: 65% of its 34 targets at least a year old were reached within 12 months (#21 of 26 firms). Accuracy ranking →

Wells Fargo on General Motors

Wells Fargo price targets on General Motors

4 calls from July 23, 2025 to July 22, 2026. The target went from $38 to $61 (+61%). The rating stayed Sell.

Wells Fargo targetGM share price
  1. July 22, 2026Target raised from $60 (+2%)Sell$61
  2. June 25, 2026Target raised from $59 (+2%)Sell$60
  3. April 29, 2026Target raised from $38 (+55%)Sell$59
  4. July 23, 2025 This noteEarliest call shownSell$38
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.