Zacks Research Has Pessimistic Outlook of GT FY2026 Earnings

The Goodyear Tire & Rubber Company (NASDAQ:GT) – Stock analysts at Zacks Research lowered their FY2026 earnings estimates for Goodyear Tire & Rubber in a research report issued on Monday, March 10th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $2.07 for the year, down from their previous forecast of $2.08. The consensus estimate for Goodyear Tire & Rubber’s current full-year earnings is $1.50 per share. Zacks Research also issued estimates for Goodyear Tire & Rubber’s Q4 2026 earnings at $0.49 EPS and FY2027 earnings at $2.53 EPS.

Goodyear Tire & Rubber (NASDAQ:GT) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.29 by $0.10. Goodyear Tire & Rubber had a net margin of 0.37% and a return on equity of 6.21%. The business had revenue of $4.95 billion during the quarter, compared to analyst estimates of $4.91 billion.

Several other analysts have also recently weighed in on the stock. StockNews.com raised shares of Goodyear Tire & Rubber from a “hold” rating to a “buy” rating in a report on Monday, February 17th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $10.00 price objective on shares of Goodyear Tire & Rubber in a report on Friday, December 20th. TD Cowen assumed coverage on shares of Goodyear Tire & Rubber in a report on Friday, March 7th. They set a “buy” rating and a $14.00 price objective on the stock. Finally, Argus raised shares of Goodyear Tire & Rubber from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a report on Tuesday, February 18th. Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Goodyear Tire & Rubber currently has an average rating of “Moderate Buy” and an average price target of $13.18.

Goodyear Tire & Rubber Stock Down 3.0 %

Shares of NASDAQ:GT opened at $9.38 on Wednesday. The firm’s 50 day moving average price is $9.13 and its 200 day moving average price is $8.98. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of 39.08 and a beta of 1.71. Goodyear Tire & Rubber has a fifty-two week low of $7.27 and a fifty-two week high of $13.86. The company has a quick ratio of 0.55, a current ratio of 1.04 and a debt-to-equity ratio of 1.30.

Institutional Investors Weigh In On Goodyear Tire & Rubber

Several institutional investors have recently made changes to their positions in the stock. American Century Companies Inc. raised its stake in Goodyear Tire & Rubber by 10.3% in the 4th quarter. American Century Companies Inc. now owns 9,652,329 shares of the company’s stock valued at $86,871,000 after purchasing an additional 897,463 shares during the last quarter. Geode Capital Management LLC raised its stake in Goodyear Tire & Rubber by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 7,053,829 shares of the company’s stock valued at $62,438,000 after purchasing an additional 86,227 shares during the last quarter. Victory Capital Management Inc. raised its stake in Goodyear Tire & Rubber by 8.3% in the 4th quarter. Victory Capital Management Inc. now owns 5,147,744 shares of the company’s stock valued at $46,330,000 after purchasing an additional 396,230 shares during the last quarter. Norges Bank acquired a new position in Goodyear Tire & Rubber in the 4th quarter valued at about $39,626,000. Finally, Segall Bryant & Hamill LLC increased its stake in shares of Goodyear Tire & Rubber by 13.4% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 4,101,832 shares of the company’s stock valued at $36,301,000 after acquiring an additional 484,198 shares during the last quarter. 84.19% of the stock is currently owned by hedge funds and other institutional investors.

Goodyear Tire & Rubber Company Profile

Goodyear Tire & Rubber Co engages in the development, manufacture, distribution, and sale of tires. It operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia Pacific. The Americas segment is involved in the development, manufacture, distribution, and sale of tires and related products and services in North, Central, and South America.