Mateusz Kaczmarek

June 28, 2026, 5:18 PM EDT. General Motors (GM) stock has surged 116% over three years, outperforming the S&P 500. Key drivers include GM's substantial share buybacks reducing outstanding shares by 500 million, boosting shareholder value. GM's OnStar and Super Cruise software subscriptions deliver high-margin, recurring revenue of over $2.7 billion realized and $5.4 billion deferred. The company anticipates further growth this year, with expected revenues of $3.1 billion realized and $7.5 billion deferred from these services. GM aims to achieve profitability in electric vehicles within three to five years, supported by strong cash flow from truck and SUV sales. Investors who overlooked GM's rise may find value in its robust buyback strategy, expanding software businesses, and EV prospects, positioning the stock for continued gains.