Wells Fargo General Motors · GM

Wells Fargo Raises General Motors Price Target to $59

Analyst: Colin M. Langan 1 min read Reproduced verbatim
Rating
Underweight
Target
$59
from $57 (+4%)
Downside
−32%
GM at $86.16 today
Wells Fargo and General Motors logos

What the analyst said

Wells Fargo analyst Colin M.

Langan raised the price target on General Motors (NYSE: GM) to $59.00 (from $57.00) while maintaining an Underweight rating.

“GM Q1 adj EBIT beat & mgmt raised FY adj EBIT guide on IEEPA refund. The $0.5B raise reflects IEEPA ($0.5B) & cost ($0.5B) offset by raw mats (-$0.5B).

The guide still implies positive vol/mix w/ mgmt attributing Q1 share loss to inventory. We are skeptical share will recover given soft ’26 launches.

Also, revised guide does not reflect volume risk if the Iran conflict & high oil linger.

Lastly, RoY guide implies +$1B y/y in EBIT, dispite most of ~ $3B in raw mat/onshoring costs hitting.”

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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 $59 target is 42% below the median, the lowest on the Street.

Since the note GM has moved +9% (from $78.95). 12-month window: day 191 of 365, closes on April 29, 2027.

Track record

This callOpen: GM has not reached $59 yet. This 12-month target is scored on April 29, 2027.

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 →

Earnings reactionOne of 7 notes after General Motors’s Apr 28 results: 3 raised · 3 cut · 0 kept. See every call →

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, 2026 This noteTarget raised from $38 (+55%)Sell$59
  4. July 23, 2025Earliest call shownSell$38
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Other analysts on General Motors

Tigress Financial PartnersBuy Raised price target +2%, kept rating Oct 28 $132from $130 Deutsche BankBuy Cut price target −3%, kept rating Oct 22 $98from $101 TD CowenBuy Kept rating and price target Oct 21 $132maintained RBC CapitalBuy Cut price target −4%, kept rating Oct 21 $98from $102 Goldman SachsBuy Cut price target −14%, kept rating Oct 21 $96from $112
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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.