GM Price Targets Raised to $90 and $98 as New Deputy CFO Joins
Benchmark raised GM’s price target to $90 from $65 and Goldman Sachs lifted its target to $98 from $93, reflecting strong 2025 execution and supplier growth forecasts. GM also recruited Claudia Gast from Lucid Motors as deputy CFO and vice president of strategy, starting March 1 to drive technology partnerships.
1. Price Target Increases
On February 10, Benchmark upgraded GM’s price objective to $90 from $65 and maintained its Buy rating, citing solid operational, strategic, and capital return performance in 2025. Earlier on January 15, Goldman Sachs elevated its target from $93 to $98, reflecting recent vehicle sales data and 2026 growth estimates shared by suppliers.
2. Deputy CFO Appointment
GM has appointed Claudia Gast from Lucid Motors as deputy CFO and vice president of strategy, corporate development, and technology partnerships, effective March 1. Gast will report to CEO Mary Barra on strategy and CFO Paul Jacobson on corporate growth, focusing on scouting collaborations with technology businesses.