The Goodyear Tire & Rubber Company (GT)
NASDAQ: GT · Real-Time Price · USD
8.35
+0.33 (4.11%)
At close: Sep 26, 2024, 4:00 PM
8.30
-0.05 (-0.60%)
After-hours: Sep 26, 2024, 6:22 PM EDT
GT Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for GT stock have an average target of 17.23, with a low estimate of 14 and a high estimate of 21. The average target predicts an increase of 106.35% from the current stock price of 8.35.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 13, 2024.
Analyst Ratings
The average analyst rating for GT stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 5 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Initiates $14 | Hold | Initiates | $14 | +67.66% | Jun 13, 2024 |
| HSBC | HSBC | Strong Buy Maintains $17 → $16 | Strong Buy | Maintains | $17 → $16 | +90.42% | May 8, 2024 |
| HSBC | HSBC | Strong Buy Initiates $17 | Strong Buy | Initiates | $17 | +101.20% | Dec 4, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $16 → $18 | Buy | Maintains | $16 → $18 | +115.57% | Nov 16, 2023 |
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $13 → $21 | Hold → Strong Buy | Upgrades | $13 → $21 | +151.50% | Nov 16, 2023 |
Financial Forecast
Revenue This Year
19.80B
from 20.07B
Decreased by -1.34%
Revenue Next Year
19.82B
from 19.80B
Increased by 0.12%
EPS This Year
1.04
from -2.42
EPS Next Year
1.64
from 1.04
Increased by 57.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 20.9B | 21.2B | 20.9B | |
| Avg | 19.8B | 19.8B | 19.8B | |
| Low | 18.3B | 17.9B | 17.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.1% | 6.9% | 5.3% | |
| Avg | -1.3% | 0.1% | 0.0% | |
| Low | -8.6% | -9.7% | -9.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.42 | 2.00 | 2.56 | |
| Avg | 1.04 | 1.64 | 1.88 | |
| Low | 0.83 | 1.08 | 1.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 92.0% | 56.2% | |
| Avg | - | 57.5% | 14.3% | |
| Low | - | 3.4% | -19.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.