"Shares of General Motors (NYSE:GM) gained 4.94% over the past month after gaining 14.06% the month prior. The legacy automaker has been on a multi-month win streak bringing its year-to-date gain to 41.74%. The stock's dividend currently yields 0.82%, or 15 cents quarterly, at current its current price. Earlier this summer, it was reported that the company will invest $888 million at its Buffalo, N.Y.-based Tonawanda Propulsion plant to build its next-generation V8 engines."
"Despite GM's significant investments in EVs, the legacy automaker saids it will start the small-block V8 production in 2027. The company still faces tariff headwinds, with GM sourcing its parts from a global network of 3,100 primary suppliers and a significant presence in Mexico, Canada and Asia, has suffered according. GM's ascent to the pinnacle of U.S. manufacturing clout and excellence in post-WWII era America made Chevrolet and Buick household names, with Cadillac hailed as the Holy Grail of luxury cars."
"The Detroit-headquartered carmaker has seen its stock produce a healthy 101.20% return over the past five years, not factoring for its dividend. 24/7 Wall St. crunched the numbers to give invests our best estimate of GM's future share price. No one has a crystal ball, and even the Wall Street is wrong just as often as it is right when it comes to predicting future stock prices. So we will walk through our assumptions and provide you with the story around the numbers"
General Motors recorded multi-month stock gains, including a recent 4.94% monthly rise and a year-to-date increase of 41.74%, with a current dividend yield of 0.82%. The company plans an $888 million investment at the Tonawanda plant to build next-generation V8 engines and expects small-block V8 production to start in 2027 despite parallel EV investments. Global sourcing from about 3,100 primary suppliers and significant operations in Mexico, Canada and Asia exposes the company to tariff headwinds. The company produced a roughly 101.20% five-year stock return, and analysts model future share-price scenarios while acknowledging forecasting uncertainty.
Read at 24/7 Wall St.
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