GM’s Digital Future Is Undervalued | Durham News

From Durham News Today | 2 Min News | The Daily News Now! The Daily News Now!

UBS just raised GM’s price target to $114, calling its underappreciated digital services — like OnStar and Super Cruise — the real goldmine. While GM still dominates with trucks and SUVs, its recurring, high-margin tech revenue is becoming a game-changer, insulated from car sales swings. With GM’s CFO praising OnStar and profit forecasts already bumped up, investors are watching closely for Super Cruise subscription stickiness in October’s earnings report — signaling a new era where carmakers are powered by software, not just steel.

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This is an automated, high-level news summary based on public reporting.
Sources:
https://www.heraldsun.com/news/business/article317281795.html#storylink=partnerdigest_the

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