Wells Fargo Reiterates Sell Rating on General Motors
Wells Fargo maintains its sell rating on General Motors with a $60 price target, a 23.18% downside from the current price.
Key Points
- Wells Fargo reiterated its sell rating for General Motors on June 25, 2026, setting a price target of $60.
- Wells Fargo's $60 price target implies 23.18% downside from General Motors Company's ($GM) current $78.10 share price.
- Shares of GM traded at $78.95 on Thursday, with a market cap of $72.5 billion and a forward P/E of 5.71.
- BlackRock reduced its GM holdings by 1.72 million shares, while Vanguard Capital Management opened a new position.
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Wells Fargo has reiterated its sell rating on General Motors Company (NYSE:GM) as of June 25, 2026. Analyst Colin Langan set a price target of $60 for the automaker. Shares of GM traded at $78.95 on Thursday.
Wells Fargo vs. the S&P 500
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Other Institutional Activity in General Motors
BlackRock, Inc. reduced its holdings in General Motors by 1.72 million shares, ending with 82.66 million shares valued at approximately $6.16 billion. Vanguard Capital Management LLC opened a new position with 58.74 million shares worth about $4.38 billion. State Street Corp cut its stake by 1.22 million shares, holding 44.51 million shares valued at $3.32 billion. Meanwhile, Franklin Resources Inc increased its position by 3.89 million shares, bringing its total to 36.04 million shares valued at $2.69 billion.
General Motors Company Stock Down 9.5%
Shares of General Motors traded near $78.95 on Thursday. The company has a market capitalization of $72.5 billion and a P/E ratio of 29.35, with a forward P/E of 5.71. The stock's 52-week range is between $47.63 and $87.62. The 50-day moving average is $79.03, and the 200-day moving average is $74.32. General Motors has a beta of 1.3, a current ratio of 1.15, and a debt-to-equity ratio of 199.05.
$GM price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
General Motors reported revenue of $184.62 billion with a slight revenue decline of 0.9%. The company's net margin stands at 1.38%, and its return on equity is 4.01%. The next earnings report is expected on July 21, 2026.
Dividend
General Motors pays an annual dividend of $0.72 per share, yielding 0.91%. The dividend payout ratio is 22.99%.
Insider Buying and Selling at General Motors Company
On June 16, 2026, CEO Mary Barra sold 99,239 shares at an average price of $85.10 under a planned Rule 10b5-1 trading plan. Additionally, Barra reported buying 99,239 shares at $49.14 on the same day outside of a planned sale. Earlier, on June 9, 2026, she sold 20,582 shares at $85.00 in a planned transaction, while also buying 20,582 shares at $41.40.
Analysts Set New Price Targets
On June 25, 2026, Wells Fargo maintained its sell rating on General Motors with a price target of $60. Other analysts have been more optimistic: Citigroup maintained a buy rating with a $131 target on June 1, 2026. Evercore ISI Group and Mizuho both maintained buy ratings with $100 targets in early May 2026. The consensus recommendation for GM is a buy, with an average target price of $94.81 from 26 analysts.
About General Motors Company
General Motors Company, headquartered in Detroit, Michigan, designs, manufactures, and sells a range of vehicles and parts worldwide. It operates through segments such as GM North America and GM International. The company markets its vehicles under brands like Buick, Cadillac, and Chevrolet, and provides automotive financing and after-sale services. Led by CEO Mary T. Barra, GM employs around 156,000 people.
Bottom Line
Wells Fargo's reiterated sell rating on General Motors suggests caution, with a price target lower than the current market price. Investors track these ratings and targets closely as they consider the company's financial health and market performance. It's important to remember that these analyst ratings are one of many factors investors use to evaluate stock potential.
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