Goldman Sachs Remains a Buy on General Motors (GM)

​General Motors Company (NYSE:GM) is one of the Best Autonomous Vehicle Stocks to Buy Now. On January 27, Mark Delaney from Goldman Sachs reiterated a Buy rating on the stock with a $98 price target. On the same day, Joseph Spak from UBS also reiterated a Buy rating on the stock with a $97 price target.

​Analysts at UBS noted that they view the company’s additional EV-related charges as anticipated and not surprising. The firm highlighted that the company had already signaled more costs after its Brightdrop restructuring and an ongoing EV strategy review. In Q4 2025, the latest charges totaled $6 billion, bringing the company’s  full-year 2025 EV impairments to $7.6 billion. The firm compared this to Ford’s larger $19.5 billion write-down, noting the figures aren’t perfectly analogous but underscoring GM’s smaller scale.

​That said, on January 23, Barclays analyst Dan Levy raised the firm’s price target on General Motors Company (NYSE:GM) from $85 to $100, with a Buy rating. The firm noted that the increased price target reflects their improved outlook on the mobility segment. Barclays sees the market as well-positioned due to healthy production rates and reduced electric vehicle losses.

​General Motors Company (NYSE:GM) designs, manufactures, and sells trucks, crossovers, cars, and automotive parts, as well as software-enabled services and subscriptions.

While we acknowledge the potential of GM to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GM and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.