The Goodyear Tire & Rubber Company (GT)
NASDAQ: GT · Real-Time Price · USD
8.62
+0.03 (0.35%)
At close: Dec 20, 2024, 4:00 PM
8.86
+0.24 (2.78%)
After-hours: Dec 20, 2024, 4:24 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 54.29% from the current stock price of 8.62.
Analyst Consensus: Buy
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 '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Hold Initiates $10 | Hold | Initiates | $10 | +16.01% | Dec 20, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Initiates $14 | Hold | Initiates | $14 | +62.41% | Jun 13, 2024 |
| HSBC | HSBC | Strong Buy Maintains $17 → $16 | Strong Buy | Maintains | $17 → $16 | +84.45% | May 8, 2024 |
| HSBC | HSBC | Strong Buy Initiates $17 | Strong Buy | Initiates | $17 | +94.90% | Dec 4, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $16 → $18 | Buy | Maintains | $16 → $18 | +108.82% | Nov 16, 2023 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -0.4% | 5.2% | 5.4% | |
| Avg | -3.3% | -1.3% | 1.0% | |
| Low | -8.8% | -10.8% | -7.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| 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.