RBC Capital Lowers GM Price Target to $98
- Rating
- Buy
- Target
- $98
- from $102 (−4%)
- Upside
- +29%
- GM at $76.08 today
What the analyst said
RBC Capital analyst Tom Narayan lowered the price target on General Motors (NYSE: GM) to $98 (from $102) while maintaining an Outperform rating.
“Buy on Weakness; Q3 results were solid, with GMNA margins expanding meaningfully y/y and a $20B share buyback announcement reinforcing mgmt’s confidence in the earnings trajectory and its view that the stock remains undervalued.
That said, we are resetting ’27 expectations, as rising commodity and logistics cost inflation reduces our Adj. EBIT estimate by ~$1B, now up only slightly y/y.
We lower our PT by only $4 to $98 given strong buyback activity and reiterate our Outperform rating.”
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Where the price stands
GM trades at $76.08. The 9 analysts who set a target in the last 3 months range from $95 to $132, with a median of $100. This $98 target is 2% below the median.
12-month window: day 0 of 365, closes on October 21, 2027.
Track record
This callOpen: a 12-month target, scored on October 21, 2027, a year after the note.
Firm track recordRBC Capital: 80% of its 10 targets at least a year old were reached within 12 months (#20 of 28 firms). Accuracy ranking →
RBC Capital on General Motors
RBC Capital price targets on General Motors
8 calls from January 28, 2026 to October 21, 2026. The target went from $107 to $98 (−8%). The rating stayed Buy.
- October 21, 2026 This noteTarget cut from $102 (−4%)Buy$98
- October 12, 2026Target raised from $100 (+2%)Buy$102
- July 22, 2026Target raised from $94 (+6%)Buy$100
- July 13, 2026Target cut from $95 (−1%)Buy$94
- June 12, 2026Kept the $95 targetBuy$95
- April 29, 2026Target cut from $96 (−1%)Buy$95
- April 13, 2026Target cut from $107 (−10%)Buy$96
- January 28, 2026Earliest call shownBuy$107
Other analysts on General Motors
TD CowenBuy
Kept rating and price target · Oct 21
$132maintained
Goldman SachsBuy
Cut price target −14%, kept rating · Oct 21
$96from $112
Morgan StanleyBuy
Cut price target −6%, kept rating · Oct 21
$95from $101
UBSBuy
Cut price target −3%, kept rating · Oct 21
$109from $112
BarclaysBuy
Cut price target −5%, kept rating · Oct 21
$105from $110