
General Motors enters late 2025 with shares near $58.71 after a rebound over the summer; the stock is up 20.14% over 52 weeks, outpacing the S&P 500 at 17.59%. Under the hood, GM posts $187.6B in TTM revenue, a 2.55% profit margin and 4.70% operating margin, with EBITDA of $16.64B and $6.52B in net income, while quarterly revenue growth is -1.80% year over year. Headlines point to a tactical slowdown in EV production as U.S. tax credits sunset and management focuses on cost discipline, even as rumors of new Chevrolet products keep the ICE portfolio engaged. With $20.94B in cash, $137.05B in total debt, and levered free cash flow of $1.41B, the three-year outlook hinges on pacing the EV transition, protecting margins, and balancing capital returns with deleveraging.

Ford Motor Company’s shares have recovered through the summer, trading near the upper end of their 52‑week range as investors weigh steady top‑line growth against quality costs and a full cycle of recall headlines. The automaker’s trailing‑12‑month revenue stands at 185.25B, but profitability remains thin (1.70% net margin; 1.07% operating margin). Cash of 28.28B and operating cash flow of 18.53B provide flexibility, while leverage is elevated at 160.24B of total debt. The stock offers a 0.60 per‑share forward annual dividend (5.17% yield) with a 96.15% payout ratio, a key watch item. With a 5‑year beta of 1.53, Ford remains a cyclical, sentiment‑driven name. This three‑year outlook assesses how product quality, capital allocation, and execution on trucks and electrification could shape returns through September 2028.

Xiaomi (1810.HK) enters the next three years after a powerful rerating. Over the past year, the stock is up 185.10%, and it now trades near 57.85, close to its 52‑week high of 61.45. Underneath the rally, fundamentals have improved: trailing‑twelve‑month revenue is 428.76B with profit margin of 8.68% and operating margin of 8.61%. Growth has reaccelerated, with quarterly revenue up 30.50% year over year and quarterly earnings growth of 133.50%. The balance sheet shows 111.93B in cash against 28.91B in debt, a current ratio of 1.29, and operating cash flow of 64.82B. With leaks highlighting an upcoming flagship cycle, investors are debating whether premiumization and AI‑centric features can sustain momentum. This note outlines key drivers, scenarios, and risks through September 2028.

QuantumScape (QS) enters the next three years with rising visibility but persistent execution risk. The stock has rebounded sharply since late June on headlines highlighting a live solid‑state battery demo in a Ducati, punctuating months of volatility. Financially, QS remains pre‑revenue with negative EBITDA and net income, yet it holds substantial cash and minimal debt, giving it room to pursue commercialization. The share price sits well above its 200‑day average and the 52‑week change is positive, underscoring momentum—and a high beta amplifies swings. Short interest remains elevated, reflecting skepticism alongside growing optimism. The key question from here: can demos translate into durable customer programs and, ultimately, revenue without heavy dilution? This outlook assesses QS’s milestones, funding profile, competitive positioning, and catalysts that could shape the stock through September 2028.

Aston Martin Lagonda’s shares have been volatile in 2025, with a sharp drawdown in late February followed by a choppy recovery. As of September 2025, the stock sits below its 200‑day moving average and well off its 52‑week high, reflecting investor caution over profitability and leverage. The company’s trailing 12‑month revenue is 1.44B, but margins are negative and levered free cash flow remains under pressure. Debt of 1.5B and a modest cash balance of 199.5M keep refinancing and execution risks in focus, even as EBITDA is positive and operating cash flow is positive on a trailing basis. With insiders holding a majority stake and a relatively small free float, price swings can be amplified. Over the next three years, progress on margin repair, cash self‑sufficiency, and balance‑sheet resilience will likely drive the equity story.
- Stellantis three-year outlook: margin repair, hybrid pivot and dividend test
- Volkswagen (VOW3.DE) three-year outlook: dividend support amid EV transition and margin repair
- TotalEnergies three‑year outlook: cash resilience, high yield, project risks
- Tesla three‑year outlook: AI optionality vs margin pressure as shares hover near long‑term averages