Citigroup initiated coverage on General Motors with a new price target
$GM
Auto Manufacturing
Consumer Discretionary
Citigroup initiated coverage of General Motors with a rating of Buy and set a new price target of $62.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/23/2025 | $62.00 | Buy | Citigroup |
| 4/15/2025 | $40.00 | Overweight → Equal Weight | Barclays |
| 4/14/2025 | $43.00 | Buy → Hold | Deutsche Bank |
| 4/10/2025 | Buy → Neutral | UBS | |
| 4/7/2025 | $35.00 | Mkt Perform → Underperform | Bernstein |
| 3/27/2025 | $64.00 → $53.00 | Overweight | Analyst |
| 3/7/2025 | $105.00 | Buy | TD Cowen |
| 1/21/2025 | $60.00 | Hold → Buy | Deutsche Bank |
DETROIT, April 29, 2025 /PRNewswire/ -- General Motors Co. (NYSE:GM) announced today that its Board of Directors has declared a quarterly cash dividend on the company's outstanding common stock of $0.15 per share, payable June 19, 2025, to holders of the Company's common stock at the close of trading on June 6, 2025. This represents a $0.03 increase over GM's previous quarterly dividend. General Motors (NYSE:GM) is driving the future of transportation, leveraging advanced technology to build safer, smarter, and lower emission cars, trucks, and SUVs. GM's Buick, Cadillac, Chevrolet, and GMC brands offer a broad portfolio of innovative gasoline-powered vehicles and the industry's widest range
DETROIT, Feb. 26, 2025 /PRNewswire/ -- General Motors (NYSE:GM) today announced that its Board of Directors has approved a $0.03 per share increase in the quarterly common stock dividend rate beginning with the next planned dividend, as well as a new $6 billion share repurchase authorization. The company has entered into an accelerated share repurchase (ASR) program to execute $2 billion of the share repurchase authorization. "The GM team's execution continues to be strong across all three pillars of our capital allocation strategy, which are to reinvest in the business for profitable growth, maintain a strong investment grade balance sheet, and return capital to our shareholders," said Mar
DETROIT, Jan. 28, 2025 /PRNewswire/ -- General Motors (NYSE:GM) today reported full-year 2024 net income attributable to shareholders of $6.0 billion and EBIT-adjusted of $14.9 billion. Fourth-quarter 2024 net income attributable to shareholders was a loss of $3.0 billion and EBIT-adjusted was $2.5 billion. Fourth quarter net income was reduced by more than $5 billion in special charges driven primarily by $4 billion of non-cash restructuring charges and impairment of our interests in certain China Joint Ventures, and $0.5 billion in charges related to the decision to stop funding the Cruise robotaxi business. The chart below summarizes GM's 2024 financial guidance and 2024 results, as well
The combination of ST's Teseo chipsets with FocalPoint's S-GNSS® Auto software delivers enhanced GNSS accuracy in challenging environments CAMBRIDGE, England, May 20, 2025 /PRNewswire/ -- FocalPoint, a UK-based software company providing next-gen positioning solutions for automotive, wearables and smartphones, has announced a strategic collaboration with STMicroelectronics (NYSE:STM), a global semiconductor leader serving customers across the spectrum of electronics applications. The joint offering provides automotive OEMs a combined solution that enhances navigation performance by improving GNSS reliability and accuracy — key to making autonomous vehicles safer.
DETROIT and WILMINGTON, Del., May 20, 2025 /PRNewswire/ -- General Motors is redesigning its GM Rewards™ loyalty program and announcing the launch of the GM Rewards™ Mastercard® from Barclays US Consumer Bank. The revamped loyalty program is simpler, and the new card provides customers more ways to earn and redeem GM Rewards points across GM brands for new vehicles, services, parts and accessories. GM enhances loyalty program and unveils new GM Rewards™ Mastercard® from Barclays.GM Rewards members can also earn and redeem GM Rewards points towards digital services like most On
DETROIT, May 5, 2025 /PRNewswire/ --General Motors (NYSE:GM) announced today the pricing of three series of senior unsecured fixed rate notes for a total of $2.0 billion. These notes include $750.0 million of 5.350% notes due in 2028, $750.0 million of 5.625% notes due in 2030 and $500.0 million of 6.250% notes due in 2035. The offering is expected to settle on May 7, 2025. GM intends to use the net proceeds from the sale of the notes for general corporate purposes, including to refinance a portion of the $1.25 billion outstanding of its 6.125% senior notes maturing on October 1, 2025, and fund a portion of the $1.8 billion five-year term loan it has agreed to make to Ultium Cells LLC, its
SC 13G/A - General Motors Co (0001467858) (Subject)
SC 13G/A - General Motors Co (0001467858) (Subject)
SC 13G/A - General Motors Co (0001467858) (Subject)
4 - General Motors Co (0001467858) (Issuer)
4 - General Motors Co (0001467858) (Issuer)
4 - General Motors Co (0001467858) (Issuer)
Citigroup initiated coverage of General Motors with a rating of Buy and set a new price target of $62.00
Barclays downgraded General Motors from Overweight to Equal Weight and set a new price target of $40.00
Deutsche Bank downgraded General Motors from Buy to Hold and set a new price target of $43.00
INDIANAPOLIS and SILVERSTONE, England, March 7, 2025 /PRNewswire/ -- It's official: the Cadillac Formula 1 Team has received final approval to join the pinnacle of motorsport. Backed by TWG Motorsports and General Motors (GM), the team will join the FIA Formula One World Championship grid in March 2026. The Cadillac Formula 1 Team, backed by TWG Motorsports and GM, has received final approval to join the F1 grid in 2026.Today, the FIA and Formula 1 announced that the Cadillac Formula 1 Team has met their requirements to join the existing 10 teams starting next year. "Today marks a transformative moment, and I am proud to lead the Federation in this progressive step for the championship," sa
Pitney Bowes Inc. (NYSE:PBI) ("Pitney Bowes" or the "Company"), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced the appointment of Lance Rosenzweig as the Company's permanent Chief Executive Officer ("CEO"), effective immediately. The Company's Board of Directors (the "Board") carried out an extensive CEO search process that was supported by a nationally recognized executive recruiting firm and included both internal and external candidates. After assessing Mr. Rosenzweig's considerable contributions as interim CEO and his track record of value creation at Pitney Bowes and at other co
SDVerse serves as a ‘matchmaking' platform between buyers and sellers of embedded automotive softwareFocuses on matching automotive software buyers and sellers, over captive software developmentThe digital platform increases transparency and reduces inefficiencies in software development and procurementAmpere*, FEV, Forvia, HL Mando, NXP Semiconductors, TTTech Auto, and Valeo lead a "Launch Partner" group supporting SDVersePrashant Gulati has been named CEO of the new SDVerse organization effective March 5th, 2024 DETROIT, March 05, 2024 (GLOBE NEWSWIRE) -- General Motors (GM), global automotive supplier Magna, and leading technology services and consulting company Wipro Limited, have tea
8-K - General Motors Co (0001467858) (Filer)
SCHEDULE 13G/A - General Motors Co (0001467858) (Subject)
FWP - General Motors Co (0001467858) (Subject)
4 - General Motors Co (0001467858) (Issuer)
4 - General Motors Co (0001467858) (Issuer)