The Goodyear Tire & Rubber Company (GT)
NASDAQ: GT · Real-Time Price · USD
8.90
+0.01 (0.11%)
At close: Dec 26, 2024, 4:00 PM
8.94
+0.04 (0.45%)
After-hours: Dec 26, 2024, 7:46 PM EST

GT Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for GT stock have an average target of 13.3, with a low estimate of 10 and a high estimate of 15.9. The average target predicts an increase of 49.44% from the current stock price of 8.90.

Analyst Consensus: Buy
Target Low Average Median High
Price $10 $13.3 $14 $15.9
Change +12.36% +49.44% +57.30% +78.65%

Analyst Ratings

The average analyst rating for GT stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 222221
Buy 111110
Hold 111112
Sell 000000
Strong Sell 000000
Total 444443

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Deutsche Bank
Deutsche Bank
Hold
Initiates
$10
Hold Initiates $10 +12.36% Dec 20, 2024
Morgan Stanley
Morgan Stanley
Hold
Initiates
$14
Hold Initiates $14 +57.30% Jun 13, 2024
HSBC
HSBC
Strong Buy
Maintains
$17$16
Strong Buy Maintains $17$16 +78.65% May 8, 2024
HSBC
HSBC
Strong Buy
Initiates
$17
Strong Buy Initiates $17 +88.76% Dec 4, 2023
JP Morgan
JP Morgan
Buy
Maintains
$16$18
Buy Maintains $16$18 +102.25% Nov 16, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
19.40B
from 20.07B
Decreased by -3.34%
Revenue Next Year
19.15B
from 19.40B
Decreased by -1.29%
EPS This Year
1.02
from -2.42
EPS Next Year
1.54
from 1.02
Increased by 50.16%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
14.75B12.32B17.48B20.81B20.07B19.40B19.15B19.35B
Revenue Growth
-4.72%-16.44%41.86%19.04%-3.55%-3.34%-1.29%1.05%
EPS
-1.33-5.362.890.71-2.421.021.541.95
EPS Growth
----75.43%--50.16%27.15%
Forward PE
-----8.695.794.55
No. Analysts -----131411
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 20.0B 20.4B 20.2B
Avg 19.4B 19.1B 19.3B
Low 18.3B 17.3B 17.6B

Revenue Growth

Revenue Growth 2024202520262027
High
-0.4%
5.2%
5.4%
Avg
-3.3%
-1.3%
1.0%
Low
-8.8%
-10.8%
-7.9%

EPS Forecast

EPS 2024202520262027
High 1.14 1.86 2.31
Avg 1.02 1.54 1.95
Low 0.84 1.18 1.67

EPS Growth

EPS Growth 2024202520262027
High -
81.6%
50.3%
Avg -
50.2%
27.2%
Low -
14.9%
8.4%
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.