GM maintains Buy rating with $91 target, driven by strong 2026 earnings outlook and shareholder returns.

General Motors remains a Buy with a refreshed price target of $91, supported by strong earnings growth and attractive valuation. The company projects robust 2026 guidance, expecting adjusted EBIT of $13–$15 billion and EPS of $11–$13, fueled by cost efficiencies and market share gains. GM reported strong free cash flow of $2.8 billion for the quarter, alongside a 20% dividend increase and ongoing share buybacks, enhancing shareholder value. Technical indicators show positive momentum with shares trading 15%–20% below intrinsic value, suggesting potential gains ahead of Q1 earnings.