The Goodyear Tire & Rubber Company (GT)
NASDAQ: GT · IEX Real-Time Price · USD
12.10
-0.21 (-1.71%)
At close: Jul 19, 2024, 4:00 PM
12.22
+0.12 (0.99%)
Pre-market: Jul 22, 2024, 5:26 AM 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 42.40% from the current stock price of 12.10.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 5 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Initiates $14 | Hold | Initiates | $14 | +15.70% | Jun 13, 2024 |
| HSBC | HSBC | Strong Buy Maintains $17 → $16 | Strong Buy | Maintains | $17 → $16 | +31.40% | May 8, 2024 |
| HSBC | HSBC | Strong Buy Initiates $17 | Strong Buy | Initiates | $17 | +38.84% | Dec 4, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $16 → $18 | Buy | Maintains | $16 → $18 | +48.76% | Nov 16, 2023 |
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $13 → $21 | Hold → Strong Buy | Upgrades | $13 → $21 | +73.55% | Nov 16, 2023 |
Financial Forecast
Revenue This Year
20.30B
from 20.07B
Increased by 1.17%
Revenue Next Year
20.44B
from 20.30B
Increased by 0.70%
EPS This Year
1.28
from -2.42
EPS Next Year
1.91
from 1.28
Increased by 49.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 20.9B | 22.0B | 21.4B | 21.4B |
| Avg | 20.3B | 20.4B | 20.6B | 21.0B |
| Low | 19.0B | 18.7B | 19.0B | 20.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 4.3% | 8.3% | 4.8% | 4.0% |
| Avg | 1.2% | 0.7% | 0.6% | 2.1% |
| Low | -5.4% | -7.9% | -7.2% | -2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.58 | 2.31 | 3.10 | 1.87 |
| Avg | 1.28 | 1.91 | 2.27 | 1.83 |
| Low | 1.07 | 1.39 | 1.67 | 1.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 80.7% | 62.6% | -17.7% |
| Avg | - | 49.1% | 18.9% | -19.2% |
| Low | - | 8.7% | -12.7% | -23.2% |
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.