GM stock dips but Barclays sees 44% upside with $105 target amid strong earnings and buybacks.

General Motors (GM) shares have fallen over the past month, yet Barclays analyst Dan Levy maintains a bullish $105 price target, implying 44% upside from current levels. Despite near-term tariff headwinds expected to cost up to $1 billion in Q1 2026, GM's strong earnings power, share buyback program, and margin recovery in North America support the positive outlook. Growth in software revenue from Super Cruise adds recurring income, enhancing valuation. Investors will watch Q1 2026 earnings around April 27 for confirmation of management's guidance and tariff impact.