Key Takeaways for General Motors Stock as of July 2026
- Revenue of $48,026 million beat Street estimates of $47,083 million by 2% in the quarter ended June 30, 2026, while adjusted EPS of $3.57 topped estimates of $3.19 and climbed 41.11% year over year.
- Raising full-year guidance for the second time in 2026, General Motors now expects EBIT adjusted of $14 billion to $16 billion, up from $13.5 billion to $15.5 billion, and adjusted automotive free cash flow of $9.5 billion to $11.5 billion, up from $9 billion to $11 billion.
- With North America EBIT adjusted margin climbing to 8.6%, up 2.5 points from a year ago, the segment moved back inside General Motors’ 8% to 10% target range for the first time since tariffs took effect.
- The clearest signal came on EV restructuring. CFO Paul Jacobson said the company has recorded $10.9 billion in EV-related charges since the second half of 2025 and believes these actions “substantially complete” the material cash costs tied to rightsizing EV capacity.
General Motors just beat on every major line while closing out billions in EV charges. See the full quarter breakdown on TIKR for free →
GM Stock Beats Across the Board as North America Margins Snap Back to Target
General Motors (GM) delivered a second quarter that beat Street estimates on nearly every line, and GM stock enters the back half of 2026 with North America margins back inside management’s target range. Revenue of $48,026 million topped estimates of $47,083.18 million by 2%, up 1.9% year over year and 10.09% sequentially. Adjusted EPS of $3.57 beat the $3.19 estimate by 12% and rose 41% from a year ago.
EBIT adjusted of $3,943 million cleared the $3,678.49 million estimate by 7.19%, with margin of 8.21% beating the Street’s 7.81% by 40 basis points. Inside that number, North America EBIT adjusted hit $3.4 billion, up more than 40% year over year, with margin at 8.6%, up 2.5 points and squarely back in management’s 8% to 10% target band. CEO Mary Barra tied that recovery to a multi-year pattern on the Q2 earnings call: “This strategy has driven 70 basis points of total company margin expansion over the last 3 years, while our broader peer set has seen margin reduction by 400 basis points. All of this includes the impact of tariffs. We haven’t made excuses. We’ve just continued to perform.”
That discipline showed up hardest in cash generation. Free cash flow of $5,033 million crushed the $2,808.33 million estimate by 79.22%, up 78.03% year over year and 296.61% sequentially, while operating cash flow of $5,071 million swung far past a Street estimate that had projected a negative $1,324 million.
Behind that cash strength sits an EV restructuring effort nearing its end. General Motors booked $2.3 billion in incremental EV-related charges during the quarter, split between $900 million in supplier cash charges, $700 million to rightsize battery supply chain joint ventures, and $700 million in noncash impairments. Total charges since the second half of 2025 now stand at $10.9 billion, with $7.2 billion of that carrying a cash impact and $4.5 billion already paid.
That wind-down of one-time costs, paired with the North America margin snapback, is what drove the second guidance raise of the year. Full-year EBIT adjusted guidance moved to $14 billion to $16 billion, EPS diluted adjusted to $12 to $14, and adjusted automotive free cash flow to $9.5 billion to $11.5 billion. Buybacks kept pace too: $2 billion in Q2 retired roughly 25 million shares, bringing the diluted share count down 8% year over year to 893 million.
GM stock’s beat this quarter came with less top-line growth than the margin and cash flow numbers suggest at first glance, and that gap between revenue growth and earnings power is exactly where the next section of the model matters most.
General Motors just showed North America margins snapping back and EV charges nearly behind it. See how that shift shows up in the numbers on TIKR for free →
TIKR’s Model Prices GM Stock at $80, Just Above Where It Trades Today
TIKR’s mid-case model values General Motors at $80 per share by late 2030, translating to a 1% total return from today’s $80 price, or roughly 0% annualized over 4.4 years.
That return profile puts GM stock closer to a parked position than a growth trade, with the model showing almost no gap between where shares sit now and where the mid case expects them to land years out.
The earnings section explains why. North America margin has already returned to the 8% to 10% target range, EV charges are largely behind the company, and full-year guidance has been raised twice, so much of the operational turnaround investors were waiting for has already shown up in the print and, by extension, in the price.
The market has already priced in most of GM’s turnaround, based on TIKR’s model. Check the assumptions behind that $80 target on TIKR for free →
Should You Invest in General Motors Company?
The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question.
Pull up General Motors Company stock and you’ll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down.
You can build a free watchlist to track General Motors Company alongside every other stock on your radar. No credit card required. Just the data you need to decide for yourself.
Access Professional Tools to Analyze GM stock on TIKR for Free →
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Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
