The Goodyear Tire & Rubber Company (GT)
NASDAQ: GT · IEX Real-Time Price · USD
11.88
+0.17 (1.45%)
At close: Apr 19, 2024, 4:00 PM
11.75
-0.13 (-1.09%)
After-hours: Apr 19, 2024, 7:58 PM EDT
GT Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for GT stock have an average target of 16.3, with a low estimate of 12 and a high estimate of 21. The average target predicts an increase of 37.21% from the current stock price of 11.88.
Analyst Consensus: Buy
* Price targets were last updated on Dec 4, 2023.
Analyst Ratings
The average analyst rating for GT stock from 6 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 4 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HSBC | HSBC | Strong Buy Initiates $17 | Strong Buy | Initiates | $17 | +41.41% | Dec 4, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $16 → $18 | Buy | Maintains | $16 → $18 | +51.52% | Nov 16, 2023 |
| Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $13 → $21 | Hold → Strong Buy | Upgrades | $13 → $21 | +76.77% | Nov 16, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $16 → $17 | Buy | Maintains | $16 → $17 | +43.10% | Jul 20, 2023 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $10 → $13 | Hold | Maintains | $10 → $13 | +9.43% | May 24, 2023 |
Financial Forecast
Revenue This Year
20.51B
from 20.07B
Increased by 2.23%
Revenue Next Year
20.72B
from 20.51B
Increased by 1.03%
EPS This Year
1.31
from -2.42
EPS Next Year
1.96
from 1.31
Increased by 49.51%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.7B | 22.7B | 21.8B |
| Avg | 20.5B | 20.7B | 20.7B |
| Low | 18.8B | 18.5B | 19.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.9% | 10.5% | 5.3% |
| Avg | 2.2% | 1.0% | -0.3% |
| Low | -6.3% | -9.8% | -7.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.49 | 2.26 | 3.03 |
| Avg | 1.31 | 1.96 | 2.24 |
| Low | 0.98 | 1.32 | 1.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 72.6% | 54.7% |
| Avg | - | 49.5% | 14.2% |
| Low | - | 1.1% | -17.4% |
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.