Bullish
General Motors' stock rises 1.4% to $86.15 amid positive earnings outlook.
General Motors (GM) shares increased by 1.4% to $86.15, following a strong earnings report and an improved full-year outlook. The company reported a 41.3% year-over-year increase in adjusted earnings per share for Q2 2026, surpassing analyst expectations. Additionally, GM raised its full-year adjusted EBIT guidance to $14-$16 billion, up from the previous range of $13.5-$15.5 billion.
Key points
- GM's Q2 2026 adjusted earnings per share increased by 41.3% year-over-year, exceeding analyst expectations.
- The company raised its full-year adjusted EBIT guidance to $14-$16 billion, up from the previous range of $13.5-$15.5 billion.
- GMC dealer inventory increased to 96 days' supply in July 2026, up from 88 days in June 2026.
- LG Energy Solution opened a new battery plant in Lansing, Michigan, after acquiring GM's stake in the facility.
Sources
AI-generated from public news sources. Not financial advice.
