Honda (HMC, $30.46 ) Will Invest $2 Billion in General Motors (GM, $33.30) Self-Driving Cars
Honda is investing $2 billion over 12 years in General Motors's self-driving cars.
Honda and GM's autonomous vehicle subsidiary Cruise have been collaborating in the development of self-driving versions of GM's Chevrolet Bolt EV electric car, which are expected to be available for public use next year. But what could potentially put the two companies in the fast lane is their latest partnership where they plan to build an apparently one-of-a-kind vehicle that might not require human controls at all.
Additionally, Honda has bought a $750 million equity stake in Cruise, which also received $2.25 billion funding from Japanese investment bank Softbank.
Earlier there were rumors of Honda in talks with Waymo, the self-driving unit of Google parent company Alphabet, to build a self-driving delivery car. But the official announcement of the Honda-GM collaborations might be causing rivals in the self-driving space to sit up and take notice.
HMC in upward trend: price rose above 50-day moving average on June 16, 2025
HMC moved above its 50-day moving average on June 16, 2025 date and that indicates a change from a downward trend to an upward trend. In of 44 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 70 cases where HMC's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HMC advanced for three days, in of 321 cases, the price rose further within the following month. The odds of a continued upward trend are .
HMC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 222 cases where HMC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on June 04, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on HMC as a result. In of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for HMC turned negative on June 04, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HMC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.747) is normal, around the industry mean (6.217). P/E Ratio (9.746) is within average values for comparable stocks, (17.826). Projected Growth (PEG Ratio) (3.655) is also within normal values, averaging (5.723). Dividend Yield (0.028) settles around the average of (0.042) among similar stocks. P/S Ratio (0.474) is also within normal values, averaging (78.608).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock slightly better than average.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. HMC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
Manufactures automobiles and related components, engages in lawnmowers and generator production
Industry MotorVehicles
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