Zacks Research Has Bearish Forecast for GT FY2026 Earnings

The Goodyear Tire & Rubber Company (NASDAQ:GT) – Equities research analysts at Zacks Research decreased their FY2026 earnings estimates for shares of Goodyear Tire & Rubber in a research note issued on Monday, March 10th. Zacks Research analyst R. Department now forecasts that the company will post earnings of $2.07 per share for the year, down from their previous estimate 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.

Other analysts also recently issued reports about the stock. Argus raised shares of Goodyear Tire & Rubber from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a report on Tuesday, February 18th. 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 reaffirmed a “hold” rating and issued a $10.00 price objective on shares of Goodyear Tire & Rubber in a report on Friday, December 20th. Finally, TD Cowen started coverage on shares of Goodyear Tire & Rubber in a report on Friday, March 7th. They issued a “buy” rating and a $14.00 price objective on the stock. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $13.18.

Goodyear Tire & Rubber Stock Down 2.6 %

NASDAQ:GT opened at $9.06 on Wednesday. The company has a market cap of $2.58 billion, a PE ratio of 37.75 and a beta of 1.71. Goodyear Tire & Rubber has a twelve month low of $7.27 and a twelve month high of $13.86. The company has a current ratio of 1.04, a quick ratio of 0.55 and a debt-to-equity ratio of 1.30. The company’s 50 day moving average is $9.14 and its two-hundred day moving average is $8.98.

Goodyear Tire & Rubber (NASDAQ:GT) last released its earnings results on Thursday, February 13th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.10. The company had revenue of $4.95 billion for the quarter, compared to the consensus estimate of $4.91 billion. Goodyear Tire & Rubber had a net margin of 0.37% and a return on equity of 6.21%.

Hedge Funds Weigh In On Goodyear Tire & Rubber

Large investors have recently made changes to their positions in the company. Allworth Financial LP lifted its stake in shares of Goodyear Tire & Rubber by 251.8% in the 4th quarter. Allworth Financial LP now owns 4,274 shares of the company’s stock valued at $40,000 after purchasing an additional 3,059 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in Goodyear Tire & Rubber during the third quarter worth $45,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Goodyear Tire & Rubber during the fourth quarter worth $46,000. Signaturefd LLC raised its position in Goodyear Tire & Rubber by 61.2% during the fourth quarter. Signaturefd LLC now owns 5,259 shares of the company’s stock worth $47,000 after acquiring an additional 1,997 shares during the period. Finally, Newbridge Financial Services Group Inc. acquired a new position in Goodyear Tire & Rubber during the fourth quarter worth $54,000. 84.19% of the stock is currently owned by institutional investors and hedge funds.

About Goodyear Tire & Rubber

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.