GM CEO Mary Barra Reaffirms EVs as Future, Adjusts Investment Strategy

Written by Emily J. Thompson, Senior Investment Analyst

GM+0.04%

Source: seekingalpha

Updated: 2h ago

0mins

Source: seekingalpha

EV Strategy Shift: GM CEO Mary Barra stated that while electric vehicles are the future, widespread adoption in the U.S. will be delayed due to charging convenience and pricing issues, reflecting the company's flexible response to market changes.
Investment Restructuring: GM is unwinding billions in EV investments and doubling down on combustion-engine vehicles, indicating a strategic shift in response to increasing competition and regulatory uncertainties.
Policy Impact: Barra noted that the Trump administration's ending of the $7,500 EV tax credit prompted significant changes at GM, highlighting the direct influence of policy environments on corporate strategies.
Optimistic Market Outlook: Despite challenges, Barra remains optimistic about the future of EVs, believing that even without incentives, the transition will be a long-term process, showcasing the company's confidence in future market dynamics.

$82.9+Infinity%1D

Analyst Views on GM

Wall Street analysts forecast GM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GM is 74.71 USD with a low forecast of 46.00 USD and a high forecast of 100.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

17 Analyst Rating

14 Buy

2 Hold

1 Sell

Strong Buy

Current: 82.870

Low

46.00

Averages

74.71

High

100.00

Current: 82.870

Low

46.00

Averages

74.71

High

100.00

Mizuho

Vijay Rakesh

Outperform

maintain

$90 -> $100

2026-01-09

New

Reason

Mizuho

Vijay Rakesh

Price Target

$90 -> $100

2026-01-09

New

maintain

Outperform

Reason

Mizuho analyst Vijay Rakesh raised the firm's price target on General Motors to $100 from $90 and keeps an Outperform rating on the shares. The firm adjusted targets in the semiconductors and semiconductor capital equipment group as part of its 2026 outlook. Mizuho sees continued upside for the group in 2026 due to "attractive valuations," but more modest than 2025. The analyst' top sectors in 2026 are AI accelerators and wafter fab equipment, Optical, and memory, while the firm remains cautious on electric vehicles, autos and analog as well as computers and handsets. Mizuho's top picks for 2026 are Nvidia, Lumentum and Broadcom.

Piper Sandler

Neutral -> Overweight

upgrade

$66 -> $98

2026-01-08

New

Reason

Piper Sandler

Price Target

$66 -> $98

2026-01-08

New

upgrade

Neutral -> Overweight

Reason

Piper Sandler upgraded General Motors to Overweight from Neutral with a price target of $98, up from $66. GM has limited risk from Chinese competition and will continue to generate cash, the analyst tells investors in a research note. Piper believes the company has "too much" earnings power and buyback potential "to ignore."

Wedbush

Outperform

maintain

$75 -> $95

2025-12-18

Reason

Wedbush

Price Target

$75 -> $95

2025-12-18

maintain

Outperform

Reason

Wedbush raised the firm's price target on General Motors to $95 from $75 and keeps an Outperform rating on the shares as the company continues to navigate the macro storms heading into 2026 with a marquee focus on driving cash flow growth through its strong ICE business while executing better than its auto peers who have struggled in the EV transition. The firm believes the company is prepared for all options on the table as it balances its ICE and EV strategies and sees GM embarking down a major path of growth ahead with ICE models starting to make up a larger portion of its business.

Mizuho

Outperform

maintain

$78 -> $90

2025-12-16

Reason

Mizuho

Price Target

$78 -> $90

2025-12-16

maintain

Outperform

Reason

Mizuho raised the firm's price target on General Motors to $90 from $78 and keeps an Outperform rating on the shares. The firm adjusted targets in the semiconductors and semiconductor capital equipment group heading into 2026. U.S. electric vehicle sales were down 20%-50% month-over-month in October and November, and 2026 launch cancels and delays will be a headwind in 2026, the analyst tells investors in a research note. Mizuho sees a mixed sector outlook with EV headwinds for the analog and auto component supply chain, with industrials potentially performing better.

About GM

General Motors Company designs, builds and sells trucks, crossovers, cars and automobile parts and provides software-enabled services and subscriptions worldwide. The Company's segments include GMNA, GMI, Cruise and GM Financial. Its GM North America (GMNA) and GM International (GMI) develop, manufacture and/or markets vehicles under the Buick, Cadillac, Chevrolet and GMC brands. The Company provides automotive financing services through its General Motors Financial Company, Inc. (GM Financial) segment. Its Cruise segment is engaged in the development and commercialization of autonomous vehicle technology. Its software-enabled services and subscriptions, including OnStar, its advanced driver-assistance systems (ADAS), including Super Cruise driver assistance technology, and its end-to-end software platform. The Company is also focused on investing in electric vehicles (EVs) and AVs, software-enabled services and subscriptions and new business opportunities.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.