Detroit-based General Motors Company (GM) designs, builds, and sells trucks, crossovers, cars, and automobile parts, and also provides software-enabled services and subscriptions. With a market cap of $52.7 billion, General Motors operates through GM North America, GM International, Cruise, and GM Financial segments.

The auto manufacturing giant is set to release its Q3 results before the market opens on Tuesday, Oct. 21. Ahead of the event, analysts expect GM to report an adjusted profit of $2.26 per share, down 23.7% from $2.96 per share reported in the year-ago quarter. On a more positive note, the company has a solid earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.

In fiscal 2025, GM’s adjusted EPS is expected to come in at $9.43, down 11% from $10.60 reported in 2024. In fiscal 2026, its earnings are expected to grow 4.7% year-over-year to $9.87 per share.

GM stock prices have gained 16.1% over the past 52 weeks, outpacing the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 15.9% gains and the S&P 500 Index’s ($SPX) 13.4% returns during the same time frame.

Despite reporting better-than-expected topline and earnings, General Motors’ stock prices declined 8.1% in the trading session following the release of its Q2 results on Jul. 22. The company observed a notable 2.7% decline in automotive sales compared to the year-ago quarter to $42.9 billion. Overall, its net revenues came in at $47.1 billion, down 1.8% year-over-year, but 1.9% above the Street’s expectations. Meanwhile, its adjusted EPS dropped 17.3% year-over-year to $2.53, but surpassed the consensus estimates by 5.9%.

However, due to the astronomical tariffs imposed by the current Federal administration, on a GAAP basis, GM’s net income plummeted 35.4% year-over-year to $1.9 billion, which raised serious investor concern.

Analysts remain cautiously optimistic about the stock’s prospects. GM has a consensus “Moderate Buy” rating overall. Of the 29 analysts covering the stock, opinions include 13 “Strong Buys,” two “Moderate Buys,” 11 “Holds,” and three “Strong Sells.” Its mean price target of $60.69 suggests a 9.6% upside potential from current price levels.