GM
The countdown is on
General Motors is set to open the books for Q2 before the bell on Tuesday, July 21, and analysts are leaning a little bullish. The Street is looking for earnings of $3.18 per share on revenue of $47.10 billion, which would be a step up from the $2.53 per share GM posted a year ago.
Why investors care
This is one of those classic “show me the receipts” moments. GM already said its second-quarter vehicle sales hit 714,896 units on July 1, so investors now want to know whether all that metal moving actually turned into fatter margins — or whether discounts, tariffs, and the usual car-business chaos ate the gains.
The analyst parade
The analyst note-stack was busy heading into earnings:
- RBC Capital trimmed its price target to $94 from $95 but kept an Outperform rating.
- JPMorgan got more optimistic, lifting its target to $110 from $98 and keeping an Overweight rating.
- Wells Fargo nudged its target to $60 from $59 while sticking with Underweight.
- Citi raised its target to $131 from $108 and stayed on Buy.
- Wedbush held its Outperform call with a $95 target.
So, yes, the opinions are all over the map — which is basically Wall Street’s version of a group chat.
Big picture
GM doesn’t need a miracle here. It just needs a clean quarter: decent revenue, decent EPS, and enough commentary to convince investors that the auto giant isn’t stuck between EV transition pain and old-school carmaker headaches. If the numbers come in strong, the stock could finally get some fuel instead of more exhaust.