The Goodyear Tire & Rubber Company (NASDAQ:GT) Stock Has Consensus Target Price of $8.06 According to Analysts

Key Points

• Analysts are cautious: Goodyear has a consensus “Reduce” rating, with three sell, two hold, and two buy recommendations; the average 12-month price target is $8.06.
• Third-quarter results missed expectations: Goodyear reported an adjusted loss of $0.11 per share versus forecasts of a $0.06 loss, while revenue fell 2.3% year over year to $4.54 billion, below estimates.
• The company said earnings improved sequentially and larger tires made up a growing share of sales; it also launched a transformation office focused on improving returns and cash generation.

The Goodyear Tire & Rubber Company (NASDAQ:GT - Get Free Report) has been assigned an average rating of "Reduce" from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $8.06.

A number of analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Goodyear Tire & Rubber from a "strong sell" rating to a "sell" rating in a report on Saturday, August 8th. Weiss Ratings restated a "sell (d)" rating on shares of Goodyear Tire & Rubber in a report on Friday, August 7th. JPMorgan Chase & Co. decreased their target price on shares of Goodyear Tire & Rubber from $10.00 to $9.00 and set an "overweight" rating for the company in a research report on Friday, October 2nd. Finally, Zacks Research lowered shares of Goodyear Tire & Rubber from a "hold" rating to a "strong sell" rating in a research note on Friday, October 16th.

Trending Headlines about Goodyear Tire & Rubber

Here are the key news stories impacting Goodyear Tire & Rubber this week:

• Positive Sentiment: Goodyear said earnings improved sequentially. Its 18-inch-and-larger tires accounted for 44% of sales volume, up from 39% a year earlier, as the company continues shifting toward higher-value consumer tires. Goodyear Announces Third Quarter 2026 Results
• Positive Sentiment: The company established a dedicated transformation office to accelerate efforts to improve structural returns and cash generation. The potential benefit depends on what actions are identified and how effectively they are executed. Goodyear Announces Third Quarter 2026 Results
• Negative Sentiment: Goodyear posted a loss of $0.11 per share, missing analyst expectations, compared with earnings of $0.28 a year ago. The company reported a GAAP net loss of $238 million and an adjusted loss of $31 million. Goodyear Reports Q3 Loss, Misses Revenue Estimates
• Negative Sentiment: Revenue was $4.54 billion, below FactSet’s $4.59 billion estimate and down 2.3% year over year. Tire unit volume fell 3.3%, as weakness in the replacement market outweighed higher original-equipment volumes. Goodyear Q3 Revenue Report
• Negative Sentiment: Operating pressures were uneven: organic results improved year over year in Asia Pacific and EMEA, but factory utilization and cost absorption weighed on the Americas. Goodyear Announces Third Quarter 2026 Results

Goodyear Tire & Rubber Stock Up 2.8%

Shares of Goodyear Tire & Rubber stock opened at $4.57 on Thursday. The business's 50 day simple moving average is $5.02 and its 200 day simple moving average is $6.60. Goodyear Tire & Rubber has a 52-week low of $4.09 and a 52-week high of $10.62. The firm has a market cap of $1.31 billion, a PE ratio of -0.52 and a beta of 1.22. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.55 and a current ratio of 1.09.

Goodyear Tire & Rubber (NASDAQ:GT - Get Free Report) last released its earnings results on Wednesday, November 4th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.05). Goodyear Tire & Rubber had a negative net margin of 14.37% and a negative return on equity of 2.95%. The firm had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.59 billion. During the same quarter in the previous year, the firm posted $0.28 EPS. The company's revenue was down 2.3% on a year-over-year basis. On average, analysts predict that Goodyear Tire & Rubber will post -1.03 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Goodyear Tire & Rubber

Several hedge funds have recently modified their holdings of GT. WINTON GROUP Ltd acquired a new stake in Goodyear Tire & Rubber in the second quarter valued at $1,560,000. Bank of America Corp DE bought a new position in shares of Goodyear Tire & Rubber in the 2nd quarter valued at about $17,313,000. Canada Pension Plan Investment Board bought a new position in shares of Goodyear Tire & Rubber in the 2nd quarter valued at about $78,278,000. Cibc World Market Inc. bought a new position in shares of Goodyear Tire & Rubber in the 2nd quarter valued at about $18,676,000. Finally, Empowered Funds LLC acquired a new position in shares of Goodyear Tire & Rubber during the 2nd quarter worth about $6,852,000. Institutional investors own 84.19% of the company's stock.

Goodyear Tire & Rubber Company Profile

Goodyear Tire & Rubber Company is a global tire manufacturer headquartered in Akron, Ohio. Founded in 1898, the company develops, produces, markets and distributes tires and related products for passenger vehicles, commercial trucks, aircraft, motorcycles, agricultural equipment and off-road vehicles.

Goodyear serves consumer, commercial and original-equipment customers through a portfolio that includes Goodyear and other regional and market-specific brands. Its offerings include replacement tires, tires supplied to vehicle manufacturers, retreading products and related solutions designed to support vehicle performance, safety and efficiency.

In addition to manufacturing, Goodyear operates tire and automotive service locations and provides fleet-management, maintenance and other mobility-related services for commercial customers.

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