Goodyear Tire & Rubber Company (GT) Stock Forecast, Price Target & Predictions


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GT Stock Forecast


Goodyear Tire & Rubber Company stock forecast is as follows: an average price target of $16.00 (represents a 75.44% upside from GT’s last price of $9.12) 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 Company (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 75.44% upside from GT's last price of $9.12.

GT Analyst Ratings


Hold

According to 5 Wall Street analysts, Goodyear Tire & Rubber Company'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 Company Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 13, 2024Ross MacDonaldMorgan Stanley$14.00$11.9816.86%53.51%
May 12, 2022-Morgan Stanley$18.50$11.1266.41%102.85%
Apr 21, 2022-Deutsche Bank$19.00$13.8736.99%108.33%
Feb 14, 2022Anindya DasNomura$15.00$16.02-6.37%64.47%
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The latest Goodyear Tire & Rubber Company 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 53.51% increase from GT last price ($9.12).

Goodyear Tire & Rubber Company Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$14.00
Last Closing Price$9.12$9.12$9.12
Upside/Downside-100.00%-100.00%53.51%

In the current month, the average price target of Goodyear Tire & Rubber Company 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 Company's last price of $9.12. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 04, 2024Wolfe Research-Peer PerformDowngrade
Nov 16, 2023Deutsche BankHoldBuyUpgrade
May 24, 2023Deutsche BankHoldHoldHold
May 15, 2023Exane BNP Paribas-NeutralUpgrade
Nov 29, 2022Argus Research-HoldDowngrade
May 12, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Feb 14, 2022Nomura-NeutralUpgrade
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Goodyear Tire & Rubber Company'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 Company Financial Forecast


Goodyear Tire & Rubber Company Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$5.12B$5.14B-$4.94B$5.37B$5.31B$5.21B$4.91B$5.05B$4.93B$3.98B$3.51B$3.66B$3.46B$2.14B$3.06B$3.71B$3.80B
Avg Forecast$4.57B$4.65B$4.41B$4.37B$4.72B$4.75B$4.55B$4.52B$4.95B$4.96B$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$4.66B$4.75B$4.49B$4.46B$4.81B$4.84B$4.64B$4.69B$5.05B$4.98B$4.78B$4.78B$5.41B$5.48B$5.31B$5.14B$5.28B$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
Low Forecast$4.48B$4.56B$4.32B$4.28B$4.63B$4.66B$4.46B$4.35B$4.86B$4.95B$4.78B$4.78B$5.35B$5.12B$5.11B$4.94B$5.08B$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
# Analysts1111111131113633444433333889127
Surprise %------------0.95%0.97%-0.98%1.04%0.99%1.04%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 Company's average Quarter revenue forecast for Mar 24 based on 1 analysts is $4.78B, with a low forecast of $4.78B, and a high forecast of $4.78B. 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 Company EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111131113633444433333889127
EBITDA------------$514.00M$-59.00M-$320.00M$298.00M$527.00M$529.00M$491.00M$563.00M$529.00M$399.00M$303.00M$395.00M$266.00M$-521.00M$-101.00M$309.00M$402.00M
Avg Forecast$304.14M$309.77M$293.31M$290.95M$314.29M$316.21M$302.88M$300.83M$329.41M$330.42M$318.25M$506.64M$357.93M$353.03M$346.72M$460.58M$548.00M$450.77M$423.44M$418.71M$421.62M$402.07M$314.09M$757.50M$303.28M$287.54M$156.61M$-101.00M$324.73M$330.31M
High Forecast$310.21M$315.96M$299.17M$296.76M$320.57M$322.52M$308.93M$312.10M$336.00M$331.28M$318.25M$607.96M$359.94M$365.17M$353.64M$552.69M$657.60M$450.77M$423.44M$502.45M$421.62M$402.07M$314.09M$909.00M$303.28M$287.54M$156.61M$-80.80M$324.73M$330.31M
Low Forecast$298.18M$303.70M$287.57M$285.25M$308.13M$310.01M$296.94M$289.57M$323.48M$329.57M$318.25M$405.31M$355.92M$340.63M$339.93M$368.46M$438.40M$450.77M$423.44M$334.97M$421.62M$402.07M$314.09M$606.00M$303.28M$287.54M$156.61M$-121.20M$324.73M$330.31M
Surprise %------------1.44%-0.17%-0.69%0.54%1.17%1.25%1.17%1.34%1.32%1.27%0.40%1.30%0.93%-3.33%1.00%0.95%1.22%

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 Company's previous annual EBITDA (Dec 23) of $514.00M.

Goodyear Tire & Rubber Company Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111131113633444433333889127
Net Income------------$-291.00M$-84.00M-$-99.00M$-105.00M$44.00M$166.00M$96.00M$557.00M$132.00M$67.00M$12.00M$63.00M$-2.00M$-696.00M$-619.00M$-392.00M$88.00M
Avg Forecast$146.37M$134.89M$111.93M$94.71M$66.01M$131.30M$129.15M$84.67M$104.73M$64.06M$39.91M$100.91M$104.59M$55.86M$34.80M$91.73M$565.25M$157.65M$104.54M$83.39M$93.59M$80.49M$45.70M$30.00M$46.13M$-11.56M$-598.03M$-619.00M$148.94M$150.90M
High Forecast$150.17M$138.39M$114.83M$97.17M$67.72M$134.71M$132.50M$128.28M$132.30M$65.72M$39.92M$121.09M$126.78M$138.18M$35.71M$110.08M$678.30M$157.65M$104.54M$100.07M$93.59M$80.49M$45.70M$36.00M$46.13M$-11.56M$-598.03M$-495.20M$148.94M$150.90M
Low Forecast$142.64M$131.45M$109.08M$92.30M$64.33M$127.96M$125.86M$38.48M$79.01M$62.43M$39.90M$80.73M$91.91M$14.70M$33.91M$73.39M$452.20M$157.65M$104.54M$66.72M$93.59M$80.49M$45.70M$24.00M$46.13M$-11.56M$-598.03M$-742.80M$148.94M$150.90M
Surprise %-------------2.78%-1.50%--1.08%-0.19%0.28%1.59%1.15%5.95%1.64%1.47%0.40%1.37%0.17%1.16%1.00%-2.63%0.58%

Goodyear Tire & Rubber Company's average Quarter net income forecast for Dec 22 is $565.25M, with a range of $452.20M to $678.30M. GT's average Quarter net income forecast represents a 1184.66% increase compared to the company's last Quarter net income of $44.00M (Sep 22).

Goodyear Tire & Rubber Company SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111131113633444433333889127
SG&A------------$769.00M$673.00M-$664.00M$697.00M$696.00M$717.00M$688.00M$750.00M$727.00M$658.00M$564.00M$605.00M$555.00M$451.00M$581.00M$618.00M$572.00M
Avg Forecast$698.54M$711.47M$673.67M$668.24M$721.85M$726.25M$695.64M$690.94M$756.57M$758.91M$730.94M$723.16M$822.08M$810.82M$796.33M$657.42M$761.11M$819.71M$770.01M$597.66M$766.70M$731.15M$571.16M$1.41B$551.51M$522.88M$284.79M$581.00M$590.51M$600.65M
High Forecast$712.49M$725.68M$687.13M$681.58M$736.26M$740.75M$709.53M$716.81M$771.70M$760.88M$730.94M$867.80M$826.69M$838.70M$812.23M$788.91M$913.33M$819.71M$770.01M$717.19M$766.70M$731.15M$571.16M$1.69B$551.51M$522.88M$284.79M$697.20M$590.51M$600.65M
Low Forecast$684.85M$697.53M$660.48M$655.15M$707.71M$712.02M$682.01M$665.07M$742.95M$756.93M$730.94M$578.53M$817.47M$782.35M$780.73M$525.94M$608.89M$819.71M$770.01M$478.13M$766.70M$731.15M$571.16M$1.13B$551.51M$522.88M$284.79M$464.80M$590.51M$600.65M
Surprise %------------0.94%0.83%-1.01%0.92%0.85%0.93%1.15%0.98%0.99%1.15%0.40%1.10%1.06%1.58%1.00%1.05%0.95%

Goodyear Tire & Rubber Company'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 Company EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111131113633444433333889127
EPS-------------$-0.29-$-0.35$-0.45$0.16$0.58$0.34$1.97$0.47$0.27$0.05$0.27$-0.01$-2.97$-2.65$-1.68$0.38
Avg Forecast$0.51$0.47$0.39$0.33$0.23$0.46$0.45$0.29$0.36$0.22$0.14$-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$0.52$0.48$0.40$0.34$0.24$0.47$0.46$0.45$0.46$0.23$0.14$-0.01$0.44$0.48$0.12$-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
Low Forecast$0.50$0.46$0.38$0.32$0.22$0.45$0.44$0.13$0.28$0.22$0.14$-0.01$0.32$0.05$0.12$-0.28$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
Surprise %--------------1.49%-1.28%-7.94%0.29%1.60%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 Company's projected average Quarter EPS for Dec 22 is $0.06, with a low estimate of $0.06 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 Company Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CVGICommercial Vehicle Group$2.38$10.00320.17%Buy
FOXFFox Factory$31.86$93.33192.94%Buy
APTVAptiv$52.11$132.00153.31%Buy
LEALear$92.95$167.4580.15%Buy
GTGoodyear Tire & Rubber Company$9.12$16.0075.44%Hold
ADNTAdient$18.95$30.2559.63%Hold
MGAMagna$42.78$65.6353.41%Buy
LKQLKQ$37.60$57.5052.93%Buy
AXLAmerican Axle & Manufacturing$6.15$9.2550.41%Hold
DANDana$7.87$11.7549.30%Buy
BWABorgWarner$33.13$48.1445.31%Buy
ALVAutoliv$95.67$113.4718.61%Buy
GNTXGentex$29.07$31.408.02%Hold
ALSNAllison Transmission$115.98$86.00-25.85%Hold

GT Forecast FAQ


Is Goodyear Tire & Rubber Company a good buy?

No, according to 5 Wall Street analysts, Goodyear Tire & Rubber Company (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 Company (GT) average price target is $16 with a range of $14 to $19, implying a 75.44% from its last price of $9.12. 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 Company stock go up soon?

According to Wall Street analysts' prediction for GT stock, the company can go up by 75.44% (from the last price of $9.12 to the average price target of $16), up by 108.33% based on the highest stock price target, and up by 53.51% based on the lowest stock price target.

Can Goodyear Tire & Rubber Company stock reach $14?

GT's average twelve months analyst stock price target of $16 supports the claim that Goodyear Tire & Rubber Company can reach $14 in the near future.

What are Goodyear Tire & Rubber Company's analysts' financial forecasts?

Goodyear Tire & Rubber Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $18.54B (high $18.99B, low $18.09B), average EBITDA is $1.23B (high $1.26B, low $1.2B), average net income is $411.13M (high $463.22M, low $356.63M), average SG&A $2.83B (high $2.9B, low $2.77B), and average EPS is $1.43 (high $1.61, low $1.24). GT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $18B (high $18.36B, low $17.64B), average EBITDA is $1.2B (high $1.22B, low $1.17B), average net income is $487.9M (high $500.57M, low $475.48M), average SG&A $2.75B (high $2.81B, low $2.7B), and average EPS is $1.7 (high $1.74, low $1.66).

Did the GT's actual financial results beat the analysts' financial forecasts?

Based on Goodyear Tire & Rubber Company'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, beating the average prediction of $1.52B by 3.47%. The company's net income was $-689M, missing the average estimation of $286.99M by -340.08%. 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 Company'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 $357.93M by 43.60%. Goodyear Tire & Rubber Company's net income was $-291M, missing the average estimation of $104.59M by -378.23%. 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%