10:25 AM EDT, 07/22/2025 (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 increase our 12-month target by $1 to $65, based on a 2026 P/E of 6.3x, a justified discount to GM's five-year average forward P/E of 6.8x. We lower our adjusted EPS estimates to $9.45 from $9.65 for '25 and to $10.25 from $10.60 for '26. The downward estimate revisions reflect slightly lower share repurchase expectations after the company did not buy back any stock in Q2. However, GM said that share repurchases resumed in July. GM continues to screen as one of the most inexpensive automaker equities from a valuation standpoint, which is unjustified from our standpoint considering its recent market share gains in the U.S., earnings track record (now 12 straight quarterly earnings beats), and aggressive stock buybacks. We think the stock deserves to trade at higher multiples. GM remains our top pick among U.S. auto manufacturers, although tariff-related headlines remain a major overhang but one which we think will be lifted.