Goodyear Tire & Rubber (GT) Stock Forecast, Price Target & Predictions
GT Stock Forecast
Goodyear Tire & Rubber stock forecast is as follows: an average price target of $16.00 (represents a 102.02% upside from GT’s last price of $7.92) and a rating consensus of 'Hold', based on 5 wall street analysts offering a 1-year stock forecast.
GT Price Target
The average price target for Goodyear Tire & Rubber (GT) is $16.00 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $19.00 to $14.00. This represents a potential 102.02% upside from GT's last price of $7.92.
GT Analyst Ratings
According to 5 Wall Street analysts, Goodyear Tire & Rubber's rating consensus is 'Hold'. The analyst rating breakdown for GT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (20.00%), 4 'Hold' (80.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Goodyear Tire & Rubber Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jun 13, 2024 | Ross MacDonald | Morgan Stanley | $14.00 | $11.98 | 16.86% | 76.77% |
| May 12, 2022 | - | Morgan Stanley | $18.50 | $11.12 | 66.41% | 133.59% |
| Apr 21, 2022 | - | Deutsche Bank | $19.00 | $13.87 | 36.99% | 139.90% |
| Feb 14, 2022 | Anindya Das | Nomura | $15.00 | $16.02 | -6.37% | 89.39% |
The latest Goodyear Tire & Rubber stock forecast, released on Jun 13, 2024 by Ross MacDonald from Morgan Stanley, set a price target of $14.00, which represents a 16.86% increase from the stock price at the time of the forecast ($11.98), and a 76.77% increase from GT last price ($7.92).
Goodyear Tire & Rubber Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $14.00 | $14.00 |
| Last Closing Price | $7.92 | $7.92 | $7.92 |
| Upside/Downside | -100.00% | 76.77% | 76.77% |
In the current month, the average price target of Goodyear Tire & Rubber stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Goodyear Tire & Rubber's last price of $7.92. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 04, 2024 | Wolfe Research | - | Peer Perform | Downgrade |
| Nov 16, 2023 | Deutsche Bank | Hold | Buy | Upgrade |
| May 24, 2023 | Deutsche Bank | Hold | Hold | Hold |
| May 15, 2023 | Exane BNP Paribas | - | Neutral | Upgrade |
| Nov 29, 2022 | Argus Research | - | Hold | Downgrade |
| May 12, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Feb 14, 2022 | Nomura | - | Neutral | Upgrade |
Goodyear Tire & Rubber's last stock rating was published by Wolfe Research on Sep 04, 2024. The company Downgrade its GT rating from "null" to "Peer Perform".
Goodyear Tire & Rubber Financial Forecast
Goodyear Tire & Rubber Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $5.12B | $5.14B | - | $4.94B | $5.37B | $5.31B | - | $4.91B | $5.05B | $4.93B | $3.98B | $3.51B | $3.66B | $3.46B | $2.14B | $3.06B | $3.71B | $3.80B |
| Avg Forecast | $4.75B | $4.79B | $4.53B | $4.49B | $4.99B | $4.96B | $4.63B | $4.62B | $5.04B | $4.97B | $4.78B | $4.78B | $5.38B | $5.30B | $5.21B | $5.04B | $5.18B | $5.36B | $5.04B | $4.73B | $5.01B | $4.78B | $3.73B | $3.39B | $3.61B | $3.42B | $1.86B | $3.00B | $3.86B | $3.93B |
| High Forecast | $4.83B | $4.87B | $4.61B | $4.57B | $5.09B | $5.05B | $4.71B | $4.71B | $5.13B | $5.02B | $4.87B | $4.87B | $5.41B | $5.48B | $5.30B | $5.13B | $5.27B | $5.46B | $5.04B | $4.90B | $5.19B | $4.95B | $3.87B | $3.51B | $3.73B | $3.54B | $1.93B | $3.10B | $4.00B | $4.06B |
| Low Forecast | $4.62B | $4.66B | $4.41B | $4.38B | $4.87B | $4.83B | $4.51B | $4.50B | $4.91B | $4.93B | $4.66B | $4.66B | $5.35B | $5.12B | $5.07B | $4.91B | $5.04B | $5.22B | $5.04B | $4.56B | $4.83B | $4.61B | $3.60B | $3.27B | $3.48B | $3.30B | $1.80B | $2.89B | $3.72B | $3.79B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.97% | - | 0.98% | 1.04% | 0.99% | - | 1.04% | 1.01% | 1.03% | 1.07% | 1.04% | 1.01% | 1.01% | 1.15% | 1.02% | 0.96% | 0.97% |
Goodyear Tire & Rubber's average Quarter revenue forecast for Mar 24 based on 1 analysts is $4.78B, with a low forecast of $4.66B, and a high forecast of $4.87B. GT's average Quarter revenue forecast represents a -6.54% decrease compared to the company's last Quarter revenue of $5.12B (Dec 23).
Goodyear Tire & Rubber EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $514.00M | $-59.00M | - | $320.00M | $298.00M | $527.00M | - | $491.00M | $563.00M | $529.00M | $399.00M | $303.00M | $395.00M | $266.00M | $-521.00M | $-101.00M | $309.00M | $402.00M |
| Avg Forecast | $399.26M | $402.49M | $381.05M | $377.86M | $420.02M | $416.94M | $389.14M | $388.87M | $423.83M | $417.76M | $401.95M | $506.64M | $452.07M | $445.88M | $437.91M | $460.58M | $435.51M | $309.01M | $423.44M | $418.71M | $498.18M | $280.92M | $391.98M | $757.50M | $296.25M | $877.80M | $-571.34M | $-101.00M | $454.59M | $456.12M |
| High Forecast | $406.50M | $409.79M | $387.96M | $384.72M | $427.65M | $424.51M | $396.20M | $395.93M | $431.52M | $421.96M | $409.25M | $607.96M | $454.61M | $461.21M | $445.86M | $552.69M | $443.42M | $370.81M | $423.44M | $502.45M | $597.82M | $337.10M | $470.38M | $909.00M | $355.50M | $1.05B | $-457.07M | $-80.80M | $545.50M | $547.34M |
| Low Forecast | $388.91M | $392.06M | $371.18M | $368.07M | $409.14M | $406.14M | $379.06M | $378.79M | $412.84M | $414.41M | $391.54M | $405.31M | $449.54M | $430.23M | $426.57M | $368.46M | $424.23M | $247.21M | $423.44M | $334.97M | $398.55M | $224.73M | $313.59M | $606.00M | $237.00M | $702.24M | $-685.61M | $-121.20M | $363.67M | $364.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | -0.13% | - | 0.69% | 0.68% | 1.71% | - | 1.17% | 1.13% | 1.88% | 1.02% | 0.40% | 1.33% | 0.30% | 0.91% | 1.00% | 0.68% | 0.88% |
1 analysts predict GT's average Quarter EBITDA for Mar 24 to be $506.64M, with a high of $607.96M and a low of $405.31M. This is -1.43% lower than Goodyear Tire & Rubber's previous annual EBITDA (Dec 23) of $514.00M.
Goodyear Tire & Rubber Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-291.00M | $-84.00M | - | $-99.00M | $-105.00M | $44.00M | - | $96.00M | $557.00M | $132.00M | $67.00M | $12.00M | $63.00M | $-2.00M | $-696.00M | $-619.00M | $-392.00M | $88.00M |
| Avg Forecast | $132.48M | $100.80M | $86.40M | $69.12M | $72.72M | $143.28M | $153.36M | $96.48M | $138.26M | $74.35M | $40.05M | $100.91M | $104.96M | $56.05M | $34.92M | $91.73M | $16.32M | $77.11M | $103.82M | $83.39M | $513.87M | $70.10M | $65.82M | $30.00M | $47.25M | $-6.60M | $-763.25M | $-619.00M | $-576.69M | $99.85M |
| High Forecast | $135.60M | $103.18M | $88.44M | $70.75M | $74.44M | $146.66M | $156.98M | $98.76M | $141.52M | $95.59M | $41.00M | $121.09M | $127.22M | $138.66M | $35.75M | $110.08M | $16.71M | $92.53M | $103.82M | $100.07M | $616.64M | $84.12M | $78.99M | $36.00M | $56.70M | $-5.28M | $-610.60M | $-495.20M | $-461.35M | $119.82M |
| Low Forecast | $128.02M | $97.40M | $83.49M | $66.79M | $70.27M | $138.45M | $148.19M | $93.23M | $133.60M | $42.48M | $38.70M | $80.73M | $92.23M | $14.75M | $33.75M | $73.39M | $15.77M | $61.68M | $103.82M | $66.72M | $411.09M | $56.08M | $52.66M | $24.00M | $37.80M | $-7.92M | $-915.90M | $-742.80M | $-692.03M | $79.88M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -2.77% | -1.50% | - | -1.08% | -6.43% | 0.57% | - | 1.15% | 1.08% | 1.88% | 1.02% | 0.40% | 1.33% | 0.30% | 0.91% | 1.00% | 0.68% | 0.88% |
Goodyear Tire & Rubber's average Quarter net income forecast for Dec 22 is $16.32M, with a range of $15.77M to $16.71M. GT's average Quarter net income forecast represents a -62.91% decrease compared to the company's last Quarter net income of $44.00M (Sep 22).
Goodyear Tire & Rubber SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $769.00M | $673.00M | - | $664.00M | $697.00M | $696.00M | - | $688.00M | $750.00M | $727.00M | $658.00M | $564.00M | $605.00M | $555.00M | $451.00M | $581.00M | $618.00M | $572.00M |
| Avg Forecast | $726.04M | $731.91M | $692.93M | $687.13M | $763.80M | $758.19M | $707.64M | $707.15M | $770.71M | $759.69M | $730.94M | $723.16M | $822.08M | $810.82M | $796.33M | $657.42M | $791.97M | $424.67M | $770.01M | $597.66M | $691.92M | $386.06M | $646.43M | $1.41B | $453.75M | $1.83B | $494.57M | $581.00M | $909.17M | $649.00M |
| High Forecast | $739.21M | $745.20M | $705.50M | $699.60M | $777.66M | $771.95M | $720.48M | $719.98M | $784.70M | $767.31M | $744.20M | $867.80M | $826.69M | $838.70M | $810.78M | $788.91M | $806.34M | $509.60M | $770.01M | $717.19M | $830.30M | $463.27M | $775.72M | $1.69B | $544.50M | $2.20B | $593.49M | $697.20M | $1.09B | $778.80M |
| Low Forecast | $707.22M | $712.95M | $674.97M | $669.33M | $744.01M | $738.55M | $689.31M | $688.82M | $750.74M | $753.59M | $712.00M | $578.53M | $817.47M | $782.35M | $775.70M | $525.94M | $771.45M | $339.73M | $770.01M | $478.13M | $553.54M | $308.85M | $517.14M | $1.13B | $363.00M | $1.47B | $395.66M | $464.80M | $727.34M | $519.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.83% | - | 1.01% | 0.88% | 1.64% | - | 1.15% | 1.08% | 1.88% | 1.02% | 0.40% | 1.33% | 0.30% | 0.91% | 1.00% | 0.68% | 0.88% |
Goodyear Tire & Rubber's average Quarter SG&A projection for Mar 24 is $723.16M, based on 1 Wall Street analysts, with a range of $578.53M to $867.80M. The forecast indicates a -5.96% fall compared to GT last annual SG&A of $769.00M (Dec 23).
Goodyear Tire & Rubber EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 6 | 3 | 3 | 4 | 4 | 2 | 1 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.29 | - | $-0.35 | $-0.45 | $0.16 | - | $0.34 | $1.97 | $0.47 | $0.27 | $0.05 | $0.27 | $-0.01 | $-2.97 | $-2.65 | $-1.68 | $0.38 |
| Avg Forecast | $0.46 | $0.35 | $0.30 | $0.24 | $0.25 | $0.50 | $0.53 | $0.34 | $0.48 | $0.26 | $0.14 | $-0.01 | $0.36 | $0.19 | $0.12 | $-0.27 | $0.06 | $0.55 | $0.36 | $0.23 | $0.32 | $0.28 | $0.16 | $0.12 | $0.16 | $-0.04 | $-2.08 | $-0.23 | $0.52 | $0.52 |
| High Forecast | $0.47 | $0.36 | $0.31 | $0.25 | $0.26 | $0.51 | $0.55 | $0.34 | $0.49 | $0.33 | $0.14 | $-0.01 | $0.44 | $0.48 | $0.12 | $-0.26 | $0.06 | $0.56 | $0.36 | $0.24 | $0.34 | $0.29 | $0.17 | $0.13 | $0.17 | $-0.04 | $-1.98 | $-0.22 | $0.54 | $0.55 |
| Low Forecast | $0.44 | $0.34 | $0.29 | $0.23 | $0.24 | $0.48 | $0.51 | $0.32 | $0.46 | $0.15 | $0.13 | $-0.01 | $0.32 | $0.05 | $0.12 | $-0.28 | $0.05 | $0.53 | $0.36 | $0.22 | $0.31 | $0.27 | $0.15 | $0.11 | $0.15 | $-0.04 | $-2.17 | $-0.24 | $0.49 | $0.50 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.49% | - | 1.28% | -7.94% | 0.29% | - | 1.50% | 6.06% | 1.68% | 1.70% | 0.42% | 1.69% | 0.25% | 1.43% | 11.66% | -3.25% | 0.73% |
According to 4 Wall Street analysts, Goodyear Tire & Rubber's projected average Quarter EPS for Dec 22 is $0.06, with a low estimate of $0.05 and a high estimate of $0.06. This represents a -64.58% decrease compared to GT previous annual EPS of $0.16 (Sep 22).
Goodyear Tire & Rubber Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CVGI | Commercial Vehicle Group | $3.19 | $10.00 | 213.48% | Buy |
| FOXF | Fox Factory | $38.42 | $93.33 | 142.92% | Buy |
| GT | Goodyear Tire & Rubber Company | $7.92 | $16.00 | 102.02% | Hold |
| APTV | Aptiv | $68.49 | $136.00 | 98.57% | Buy |
| MGA | Magna | $39.36 | $65.63 | 66.74% | Buy |
| LEA | Lear | $110.30 | $177.20 | 60.65% | Buy |
| AXL | American Axle & Manufacturing | $5.90 | $9.25 | 56.78% | Hold |
| BWA | BorgWarner | $32.29 | $48.71 | 50.85% | Buy |
| DAN | Dana | $10.13 | $14.75 | 45.61% | Hold |
| LKQ | LKQ | $39.98 | $57.50 | 43.82% | Buy |
| ADNT | Adient | $21.12 | $30.25 | 43.23% | Hold |
| ALV | Autoliv | $96.03 | $112.87 | 17.54% | Buy |
| GNTX | Gentex | $30.03 | $31.60 | 5.23% | Hold |
| ALSN | Allison Transmission | $86.21 | $70.33 | -18.42% | Hold |
GT Forecast FAQ
Is Goodyear Tire & Rubber a good buy?
No, according to 5 Wall Street analysts, Goodyear Tire & Rubber (GT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 20.00% of GT's total ratings.
What is GT's price target?
Goodyear Tire & Rubber (GT) average price target is $16 with a range of $14 to $19, implying a 102.02% from its last price of $7.92. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Goodyear Tire & Rubber stock go up soon?
According to Wall Street analysts' prediction for GT stock, the company can go up by 102.02% (from the last price of $7.92 to the average price target of $16), up by 139.90% based on the highest stock price target, and up by 76.77% based on the lowest stock price target.
Can Goodyear Tire & Rubber stock reach $12?
GT's average twelve months analyst stock price target of $16 supports the claim that Goodyear Tire & Rubber can reach $12 in the near future.
What are Goodyear Tire & Rubber's analysts' financial forecasts?
Goodyear Tire & Rubber's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $19.2B (high $19.55B, low $18.71B), average EBITDA is $1.61B (high $1.64B, low $1.57B), average net income is $465.84M (high $476.83M, low $450.15M), average SG&A $2.94B (high $2.99B, low $2.86B), and average EPS is $1.62 (high $1.66, low $1.56). GT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $18.56B (high $18.9B, low $18.08B), average EBITDA is $1.56B (high $1.59B, low $1.52B), average net income is $388.8M (high $397.97M, low $375.7M), average SG&A $2.84B (high $2.89B, low $2.76B), and average EPS is $1.35 (high $1.38, low $1.3).
Did the GT's actual financial results beat the analysts' financial forecasts?
Based on Goodyear Tire & Rubber's last annual report (Dec 2023), the company's revenue was $20.07B, which missed the average analysts forecast of $20.93B by -4.11%. Apple's EBITDA was $1.57B, missing the average prediction of $1.8B by -12.55%. The company's net income was $-689M, missing the average estimation of $287.67M by -339.51%. Apple's SG&A was $2.81B, missing the average forecast of $3.09B by -8.83%. Lastly, the company's EPS was $-2.42, missing the average prediction of $0.407 by -694.57%. In terms of the last quarterly report (Dec 2023), Goodyear Tire & Rubber's revenue was $5.12B, missing the average analysts' forecast of $5.38B by -4.83%. The company's EBITDA was $514M, beating the average prediction of $452.07M by 13.70%. Goodyear Tire & Rubber's net income was $-291M, missing the average estimation of $104.96M by -377.26%. The company's SG&A was $769M, missing the average forecast of $822.08M by -6.46%. Lastly, the company's EPS was $0, missing the average prediction of $0.364 by -100.00%