General Motors is on track to end 2025 as the top US-traded automaker stock. Katherine Welles – stock.adobe.com UBS hiked its 12-month price target on the stock by 14% to $97 per share, while Morgan Stanley upgraded GM to overweight with a target of $90 per share. GM said it expects next year’s earnings to be even more impressive than its reports in 2025 – likely expecting to benefit from some of the Trump administration’s new policies. President Trump earlier this month proposed much looser fuel economy standards, a sharp turnaround from the Biden administration. Trump also removed related penalties on automakers that took effect under former President Biden. The stock has soared more than 55% so far this year to a record price of more than $80 a share as of Friday’s close. jetcityimage – stock.adobe.com The US also earlier this year announced a new trade deal with South Korea that included lower tariffs on several goods, including automobiles and auto parts. The nation is a major manufacturing hub for GM. GM Chief Financial Officer Paul Jacobson said earlier this month that the company plans to continue stock buybacks. “As long as the stock remains as undervalued as it is, the priority is to buy back shares. And I think you’ll continue to see that from us going forward,” he said during a UBS investor conference. An average of analyst ratings on FactSet labels GM overweight with an $80.86 target price. Filed under