BofA Bullish on General Motors (GM), Describes It As Leading Automaker

General Motors Company (NYSE:GM) earns a spot on our list of the 11 best value stocks to invest in according to billionaires.

BofA Bullish on General Motors (GM), Describes It As Leading Automaker

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The broader analyst sentiment reflects optimism around GM’s outlook.

As of March 9, 2026, the consensus price target of $100.00 implies a 33.89% upside potential, with almost 62% of analysts maintaining “Buy” ratings. Additionally, the shares have shown promising momentum, rising more than 55% over the past year, compared with the auto manufacturing industry’s 80%+ gain.

On March 4, 2026, citing General Motors’ strong position as the leading automaker by U.S. market share, BofA analyst Alexander Perry began covering General Motors Company (NYSE:GM) with a “Buy” rating and a $105 price target. Following recent regulatory reforms that have improved the environment for internal combustion engine (ICE) vehicles, the analyst believes GM is well-positioned to sustain its leadership.

In addition, BofA projects that General Motors Company (NYSE:GM) will gain from changing its product mix away from less lucrative electric vehicle categories and more toward higher-margin trucks and SUVs. This could help bolster the company’s margins and earnings growth.

General Motors Company (NYSE:GM) is a Detroit-based automaker that focuses on manufacturing and selling automobiles, parts, and software services worldwide. The company was founded by William C. Durant in 1908.

While we acknowledge the risk and potential of GM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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