04:20 PM EDT, 05/01/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We maintain a 12-month target of $58, based on a 2026 P/E of 5.5x, a justified discount to historic averages. Our adjusted EPS estimates remain $9.50 for 2025 and $10.60 for 2026. On Thursday morning, GM lowered its 2025 guidance. The company now expects full-year adjusted EPS of $8.25-$10.00, down from $11.00-$12.00 and the current consensus of $10.99. The revised guidance, which assumes estimated tariff impacts of $4B-$5B, is largely in line with our expectations and we believe there is some conservatism factored into the forecast. We also think share count reduction from ongoing buybacks is likely to help boost EPS. This makes us comfortable with our current $9.50 estimate for 2025, which is above the midpoint of GM's guidance. GM shares have underperformed peers so far this year on tariff-related concerns, but we see the strong likelihood of a rebound as investors become more comfortable with GM's near-term earnings, highlighting its aggressive buybacks and recent market share gains in the U.S.