General Motors (NYSE:GM) Stock Outlook: Strong Q2 Earnings Forecast and Analyst Optimism

• General Motors (NYSE:GM) is poised for robust Q2 earnings, with analysts anticipating a significant increase in earnings per share and continued outperformance.
• Wall Street sentiment remains overwhelmingly positive, highlighted by multiple "Outperform" ratings and an adjusted stock price target from RBC Capital.
• The broader automotive industry is projected to demonstrate stronger-than-expected revenue and earnings growth in the upcoming quarter, providing a favorable backdrop for GM.

General Motors (NYSE:GM) is a leading US automaker in the automotive sector. The overall automotive industry is forecast to achieve year-over-year earnings growth of 6.2% and revenue growth of 0.8% for the second quarter of 2026, showing stronger performance than many anticipated.

On July 20, 2026, investment firm Barclays maintained its "Outperform" rating on GM. An Outperform rating means the analyst expects the stock to outperform the broader market. At the time of the rating, the stock was priced at $76.26.

The rating is consistent with news published by TheFly, which suggests GM is expected to report "in-line to 'slight beats'" for its Q2 earnings results. This positive outlook is supported by a strong history, as General Motors has beaten earnings per share (EPS) forecasts for at least four straight quarters.

Analysts anticipate GM will report expected quarterly earnings of $3.18 per share, an increase from $2.53 per share in the prior year. The analyst consensus revenue estimate is $47.10 billion, following the company's announcement of 714,896 vehicle sales for the second quarter.

Overall Wall Street analyst sentiment is positive, with 20 strong Buy ratings, five Hold recommendations, and only two Sell recommendations, as detailed in a recent 24/7 Wall Street report. Similarly, RBC Capital also maintains an 'Outperform' rating on GM, adjusting its stock price target to $94.00.