GM Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: GM's Q3 2024 results exceeded expectations, driven by a 60% increase in EV sales and strong recovery in truck and SUV markets, reflecting solid operational efficiency and consumer demand, particularly in China.




Bearish Case: Potential labor disruptions from UAW negotiations and unresolved market sentiment regarding EV profitability could impair GM's operational capacity and lead to stock price declines despite recovering sales.




Potential Outcomes:

1) 50% chance of stable growth in EV sales driving stock upward (target price $65).

2) 30% chance of labor disputes causing production delays (downside to $50).

3) 20% chance of market volatility leading to short-term dips (testing $54).




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November 12, 2024


General Motors Forecast

GM        General Motors











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