The Goodyear Tire & Rubber Company (GT)
NASDAQ: GT · Real-Time Price · USD
9.40
+0.13 (1.35%)
Nov 18, 2024, 12:15 PM EST - Market open
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 83.40% from the current stock price of 9.40.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 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 | +49.02% | Jun 13, 2024 |
| HSBC | HSBC | Strong Buy Maintains $17 → $16 | Strong Buy | Maintains | $17 → $16 | +69.24% | May 8, 2024 |
| HSBC | HSBC | Strong Buy Initiates $17 | Strong Buy | Initiates | $17 | +78.82% | Dec 4, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $16 → $18 | Buy | Maintains | $16 → $18 | +91.59% | Nov 16, 2023 |
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $13 → $21 | Hold → Strong Buy | Upgrades | $13 → $21 | +123.52% | Nov 16, 2023 |
Financial Forecast
Revenue This Year
19.58B
from 20.07B
Decreased by -2.42%
Revenue Next Year
19.45B
from 19.58B
Decreased by -0.67%
EPS This Year
0.99
from -2.42
EPS Next Year
1.51
from 0.99
Increased by 53.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 20.3B | 20.6B | 21.0B | |
| Avg | 19.6B | 19.4B | 19.6B | |
| Low | 18.3B | 17.8B | 17.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.0% | 5.3% | 7.9% | |
| Avg | -2.4% | -0.7% | 1.0% | |
| Low | -8.6% | -9.0% | -8.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.14 | 1.82 | 2.31 | |
| Avg | 0.99 | 1.51 | 1.84 | |
| Low | 0.83 | 1.03 | 1.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 84.3% | 52.6% | |
| Avg | - | 53.6% | 21.8% | |
| Low | - | 4.4% | -12.6% |
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.