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.

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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.

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