General Motors stock rises as missile business and analyst optimism boost sentiment

Published on 09/18/2026 at 11:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

General Motors stock gained on September 17, 2026, after the company delivered its first Patriot missile parts to Lockheed Martin and analysts highlighted upside potential. Investors now weigh defense growth against valuation signals and upcoming earnings.

Modernes Glas-Stahl-Hochhaus eines Automobilkonzerns mit Showroom und gepflegtem Außengelände — General Motors modernes Unternehmenshauptquartier als Architektur Render bei Blaue Stunde Abenddämmerung, ISIN US37045V1008, Illustration mit AI erstellt.

General Motors Company (ISIN US37045V1008) stock closed higher on September 17, 2026, with recent price snapshots putting the shares around 87.44 USD on the New York Stock Exchange, up about 4 percent versus the prior close as investors reacted to new defense business and analyst commentary.

GM enters missile manufacturing with Lockheed Martin

According to TipRanks on September 17, 2026, General Motors shares rose about 4 percent after the automaker announced that it had delivered its first Patriot missile parts to defense contractor Lockheed Martin, marking a concrete step into missile manufacturing.

As GuruFocus reported on September 17, 2026, GM is supplying missile casing components for Lockheed Martin's PAC-3 MSE interceptors and highlighted that the stock traded at 87.44 USD versus a GF Value of 66.77 USD, implying the shares were 31.0 percent above that intrinsic value estimate at that time.

Analyst targets point to further upside

TipRanks notes that General Motors stock carries a Strong Buy consensus rating from 16 Wall Street analysts, with 15 Buy and one Sell recommendations issued in the last three months and an average price target of 107.31 USD, which suggests about 25 percent upside from the current price around the mid-80s USD range as of mid-September 2026.TipRanks

In addition, UBS analyst Joseph Spak recently raised his General Motors price target to 114 USD from 102 USD while maintaining a Buy rating, with the new target set about 33 percent above the stock's 85.62 USD close on September 11, 2026, ahead of the company’s scheduled third-quarter 2026 earnings release on October 20, 2026.TheStreet

Valuation signals and upcoming earnings

While analysts see upside, valuation indicators send a more cautious signal: GuruFocus calculates a GF Value of 66.77 USD for GM, and at a trading level of 87.44 USD on September 17, 2026, the stock was judged to be 31.0 percent overvalued on that metric.GuruFocus

TheStreet points out that UBS’s higher 114 USD target came just weeks before General Motors is due to report its third-quarter 2026 results on October 20, 2026, making that earnings date a key checkpoint for whether the new defense contracts and core automotive operations translate into the growth that the bullish price targets imply.TheStreet

Stock level and market context

Based on recent closing and intraday data from mid-September 2026, General Motors stock around September 17, 2026, was trading in the mid-to-upper 80s USD on the New York Stock Exchange, with snapshots such as 87.09 USD at 20:26 in New York trading and intraday highs up to 87.85 USD on that day, indicating that the shares were moving higher but still below typical three-digit analyst targets.finanzen.ch