General Motors (GM) has raised its 2026 earnings forecasts following a strong first quarter, reporting adjusted earnings of $3.70 per share that exceeded expectations. Despite a slight revenue decline, the automaker has lifted its full-year EPS guidance, but faces headwinds from revised net income forecasts and significant charges related to a shift in electric vehicle strategy. Furthermore, ongoing geopolitical tensions in the Strait of Hormuz threaten to impact GM’s earnings alongside competitors in the automotive and energy sectors.