To predict the stock price of General Motors (GM) for the next trading week, we analyze both technical indicators and recent news sentiment.
GM's stock price is currently trading at $49.80, with a relative strength index (RSI) of 55.91, indicating a neutral position. The MACD line is slightly above the signal line, suggesting mild bullish momentum. Fibonacci levels show resistance at $50.88 and support at $46.70.
Recent news highlights GM's $6 billion share buyback program and a 25% increase in quarterly dividends, signaling confidence in its financial health. Additionally, GM's partnership with Nvidia for self-driving technology could enhance its growth prospects.
Based on the technical setup and positive news, GM's stock is expected to rise slightly to $50.50 next week. The buyback program and partnerships suggest a bullish outlook.
Recommendation: Buy GM stock.
The price of GM is predicted to go up -15.18%, based on the high correlation periods with CHNR. The similarity of these two price pattern on the periods is 94.11%.
GM
CHNR
Year
GM Price Forecast($)
Potential Return(%)
2025
77.000
54.390
2026
65.000
32.300
2027
68.000
38.410
2028
145.000
195.140
2029
75.000
52.660
2030
90.000
83.190
GMNA's breakeven point of about 10 million-11 million units is drastically lower than it was under old GM.
Management is not afraid to buy back large amounts of stock.
GM can charge thousands of dollars more per vehicle in light-truck segments. Higher prices with fewer incentive dollars allow GM to get more margin per vehicle, which helps mitigate a severe decline in light-vehicle sales and falling market share.
JP Morgan
2025-03-27
Price Target
$64 → $53
Upside
+12.29%
Piper Sandler
2025-03-20
Price Target
$45 → $48
Downside
-2.91%
Deutsche Bank
2025-01-21
Price Target
$56 → $60
Upside
+11.34%