Goodyear Tire & Rubber Stock Plummets -24% With 10-Day Losing Streak
Goodyear Tire & Rubber (GT) stock has experienced a significant downturn, plummeting 24% over a 10-day losing streak, wiping out $495 million from its market cap. Despite its "Very Low valuation," Trefis deems the stock "Unattractive" due to "Very Weak" operating performance and financial condition. The article emphasizes the need for predictive signals for individual stock risk rather than backward-looking notifications.
Goodyear Q1 2026 Earnings Analysis vs Ford and Lucid in Auto Manufacturing - News and Statistics
This article analyzes the Q1 2026 earnings of Goodyear, Ford, and Lucid within the automobile manufacturing sector. Goodyear, a tire manufacturer, reported an 8.7% revenue decline but still beat analyst estimates, despite its stock falling 22.3%. Ford emerged as the best performer with a 6.4% revenue increase and strong beats on EPS and EBITDA, leading to a 9.5% stock rise, while Lucid was noted as the weakest performer.
Goodyear expands iconic historic tire range, reinforcing its historic racing legacy
Goodyear has significantly expanded its historic racing tire range, unifying its products under a single Goodyear brand. The expansion includes 57 additional sizes and specifications, including the Blue Streak range for pre-1980s cars and the Eagle branding for 1980s to present-day categories. This effort reinforces Goodyear's commitment to historic motorsport by providing authentic performance tires for a broad spectrum of classic racing vehicles.
Bastion Asset Management Inc. Raises Stake in The Goodyear Tire & Rubber Company $GT
Bastion Asset Management Inc. significantly increased its stake in The Goodyear Tire & Rubber Company (NASDAQ:GT) by 72.9% in the fourth quarter, bringing its holdings to 963,938 shares valued at $8.08 million. Other institutional investors also adjusted their positions, with institutional ownership reaching 84.19%. Despite the increased investor interest and better-than-expected quarterly earnings, analyst sentiment remains cautious with a consensus "Reduce" rating and an average target price of $8.54, while the stock trades around $5.60.
Yokohama Rubber to Build OTR Tire Plants in India, Mexico
Yokohama Rubber announced plans to construct two new Off-the-Road (OTR) tire manufacturing plants, one in India and one in Mexico, following its acquisition of Goodyear's OTR tire business. These new facilities will absorb the acquired OTR tire production and expand the company's capacity for giant OTR tires. Construction is set to begin in Q3 2026, with production anticipated to start in Q2 and Q3 2028 for the Mexico and India plants, respectively.
Goodyear (GT) CEO Mark Wynn converts 355,537 units and has 163,903 shares withheld
Goodyear (GT) CEO Mark Wynn exercised 355,537 2022 Plan Performance Share Units, which converted into common stock. To cover withholding taxes, 163,903 shares were withheld by the company. Following these transactions, Wynn directly holds 746,646 shares of common stock, representing a net increase in his equity position.
Familiar Goodyear tire for Coca-Cola 600
Goodyear will provide a familiar tire setup for the NASCAR Cup Series' Coca-Cola 600, using the same Goodyear Racing Eagle tires that have been run four previous times this season on intermediate tracks. This setup is the latest evolution of their intermediate track tire package, and teams come with valuable data. Additionally, for the eighth consecutive Memorial Day weekend, Goodyear branding on all tires will feature the Honor and Remember logo.
Familiar Goodyear rubber for 600 miles at Charlotte Motor Speedway
Goodyear is supplying a familiar tire setup for the NASCAR Cup Series race at Charlotte Motor Speedway, marking the fifth time this season teams will use these specific tires on intermediate tracks. The O'Reilly Auto Parts and Craftsman Truck Series will use a new right-side tire. Additionally, Goodyear's branding will be replaced by the Honor and Remember logo for Memorial Day weekend.
Goodyear Tire & Rubber Co stock hits 52-week low at 5.55 USD
Goodyear Tire & Rubber Co's stock has hit a 52-week low of $5.55 USD, marking a significant 48.53% decrease over the past year due to challenges in the automotive and tire industry. Despite reporting better-than-expected Q1 2026 earnings and revenue, broader market concerns and vulnerability to raw material costs, leading to a downgrade from Deutsche Bank, continue to pressure the company's financial performance. Investors are closely watching Goodyear’s strategic responses to navigate this period of financial strain.
Goodyear Tire & Rubber (GT) price target decreased by 11.06% to 8.57
The article reports that the price target for Goodyear Tire & Rubber (GT) has been decreased by 11.06%, bringing it down to $8.57. This indicates a revised outlook on the company's stock valuation.
What's The Difference Between Cooper And Goodyear Tires?
This article explains the differences between Cooper and Goodyear tires, despite Cooper being a subsidiary of Goodyear since 2021. Key distinctions include Goodyear's much broader product selection and its exclusive summer tire offerings, as well as variations in warranty terms and pricing, with Goodyear generally being more expensive except for its budget-friendly Reliant series.
What's The Difference Between Cooper And Goodyear Tires?
This article explains the differences between Cooper and Goodyear tires, despite Cooper being a subsidiary of Goodyear since mid-2021. Key distinctions include Goodyear offering a much wider selection of tires, including summer-specific options, and varied warranty terms such as satisfaction guarantees and tread wear mileage. Generally, Goodyear tires are pricier, though some budget-friendly Goodyear options exist.
Branding more important than ever
This article emphasizes the increased importance of branding. It features a cartoon illustrating the overwhelming number of tire brand names, hinting at market saturation or complexity. The content suggests that in such a competitive landscape, strong branding is crucial for differentiation.
The Goodyear Tire & Rubber stock (US3825501014): Hedge fund AQR discloses 6.28% stake as challenges mount
AQR Capital Management has disclosed a 6.28% passive stake in The Goodyear Tire & Rubber, reporting beneficial ownership of 17,985,350 shares. This disclosure comes as Goodyear faces operational headwinds, including tariffs and weaker demand, leading to a quarterly loss of $249 million. The article analyzes what this combination of institutional interest and operational challenges could mean for US investors, highlighting Goodyear's core business model, key revenue drivers, recent headwinds, and its position within the US equity landscape.
Goodyear Tire & Rubber (GT) price target decreased by 11.06% to 8.57
The article reports that the price target for Goodyear Tire & Rubber (GT) has been decreased by 11.06%, bringing it down to $8.57.
Wellington Group discloses 6.91% stake in Goodyear (GT) in amended 13G/A
Wellington Management Group LLP and its affiliates have disclosed a 6.91% beneficial ownership stake in The Goodyear Tire & Rubber Company (GT) as of March 31, 2026, according to an amended 13G/A filing. The filing specifies shared voting power of 16,868,110 shares and shared dispositive power of 19,795,158 shares, with ownership held by clients of Wellington's investment advisers rather than Wellington directly. This passive investment indicates no intention to control or influence Goodyear's management.
Goodyear Tire & Rubber (GT) price target decreased by 11.06% to 8.57
This article reports that the price target for Goodyear Tire & Rubber (GT) has been decreased. The new target is 8.57, which represents an 11.06% reduction.
Goodyear: A Depressed Stock Is Not Always A Bargain (NASDAQ:GT)
The Goodyear Tire & Rubber Company (GT) remains a "Hold" despite trading near 52-week lows, due to persistent uncertainty and operational headwinds. The Q1 2026 results showed declining volumes and pressured margins, with cost savings from the "Goodyear Forward" plan being offset by raw material costs and weak demand. While the stock may appear cheap, cyclical risks, leverage, and a lack of clear turnaround evidence warrant caution from investors.
Goodyear in talks to close North Carolina tire factory that employs 1,700
Goodyear Tire & Rubber Co. is in discussions to close its Fayetteville, North Carolina factory, which employs 1,700 workers, by the end of 2027. This move is part of the company's domestic restructuring efforts aimed at improving competitiveness and reflects ongoing struggles with sales, profitability, and raw material disruptions. The potential closure follows Goodyear's net loss in 2025 and a decline in net sales in the first quarter of the current year.
Goodyear to Close Fayetteville Plant by 2027, Eliminating 1,700 Jobs
Goodyear Tire & Rubber Co. plans to close its Fayetteville, North Carolina plant by the end of 2027, resulting in the elimination of 1,700 to 2,000 jobs. This decision was made to enhance Goodyear's competitiveness in the current marketplace. The company emphasizes its commitment to treating affected employees fairly and maintaining its presence in American manufacturing.
AQR Holdings reports 17.99M-share stake in Goodyear (GT)
AQR Capital Management, LLC and AQR Capital Management Holdings, LLC have jointly reported a beneficial ownership of 17,985,350 shares, or 6.28%, of Goodyear Tire & Rubber Co (GT) common stock. This Schedule 13G filing indicates shared voting power of 17,528,373 shares and shared dispositive power of 17,985,350 shares, with the reporting period as of March 31, 2026. The filing highlights a passive investment approach, not for controlling or influencing the company.
Goodyear, union pressing forward to close Fayetteville plant
Goodyear Tire & Rubber Company is in discussions with the United Steelworkers union to close its Fayetteville, North Carolina plant next year, resulting in approximately 1,700 job losses. The decision comes despite prior incentive packages totaling an estimated $41 million to maintain the facility. Goodyear reported a net loss of $249 million recently, citing the need to strengthen its competitiveness.
Goodyear Tire & Rubber Company
Goodyear Tire & Rubber Company is a prominent U.S. manufacturer known for its tires and related products for various vehicles, as well as its iconic blimps and marketing prowess. Founded in 1898, the company played a significant role in the automobile industry's growth, developing innovations like the tubeless tire and later radial and run-on-flat tires. Goodyear has expanded through acquisitions and partnerships, becoming a global leader in the rubber industry and a major presence in motorsports.
2,100 Workers at Risk as Goodyear Looks to Close NC Plant
Goodyear Tire & Rubber Company is in talks with the United Steelworkers Union to close its Fayetteville, North Carolina factory by the end of 2027, potentially impacting over 2,100 workers. The company cites a challenging environment with weak consumer demand, lower OEM purchasing, and higher raw material costs as reasons for the closure, aiming to strengthen its competitive position. This decision comes despite extensive efforts to make the 2-million-square-foot plant competitive.
1,700 layoffs possible as Goodyear eyes closing N.C. factory
Goodyear plans to close its tire and rubber plant in Fayetteville, North Carolina, by the end of 2027, potentially affecting 1,700 employees. This decision is part of a larger strategy to strengthen the company's competitiveness and involves discussions with the United Steelworkers union. Goodyear has not yet filed a WARN notice but aims to treat impacted associates fairly.
Goodyear plant in Fayetteville closing, 1,700 jobs lost
Goodyear will close its tire plant in Fayetteville, North Carolina, by the end of 2027, resulting in 1,700 job losses. The company stated this "difficult action" is necessary to remain competitive in the market. Fayetteville Mayor Mitch Colvin expressed concern and outlined plans to help affected workers find new employment and to reactivate the plant site.
Goodyear plant closing NC | Tire company in discussions to close Cumberland County plant
Goodyear is in discussions to close its Fayetteville, North Carolina plant by the end of 2027, which would result in over 2,000 job losses and end over 55 years of manufacturing at the site. The company cited the need to strengthen its ability to compete in a changing tire industry following a challenging first quarter with a net loss of $249 million. Fayetteville leaders acknowledge the disappointment but express resilience, while questions remain regarding severance packages for affected employees.
Goodyear may close Fayetteville plant, putting 1,700 jobs at risk
Goodyear Tire & Rubber is considering closing its Fayetteville, North Carolina plant by the end of 2027, which would eliminate 1,700 jobs. The company stated this "difficult action" is necessary to enhance its competitiveness in the market. Local officials are preparing support services for the potentially affected workers and their families, emphasizing efforts to connect them with new employment opportunities.
Goodyear plans to close Fayetteville tire plant by end of 2027, Cumberland County Officials say
Goodyear Tire and Rubber Company plans to close its Fayetteville Consumer Tire Plant by the end of 2027, impacting over 2,100 employees. The Fayetteville Cumberland County Economic Development Corporation (FCEDC) announced the "likely closure" and is working with state and local partners to provide job placement, workforce training, and other assistance to affected workers and their families. City and county officials have expressed disappointment but are committed to supporting the community through this transition.
Goodyear Tire to close Fayetteville plant in 2027
Goodyear Tire & Rubber Company has announced its intention to close its Fayetteville Consumer Tire Plant by the end of 2027, following extensive efforts to make it competitive. This decision, communicated to employees and the United Steelworkers, is aimed at strengthening Goodyear's market position and ensuring the long-term health of the business. Local officials in Fayetteville and Cumberland County acknowledge the significant impact on the community and are mobilizing resources for worker support and job placement assistance.
Fayetteville’s Goodyear Tire Factory to Close in 2027
Goodyear Tire & Rubber Co.'s manufacturing plant in Fayetteville, North Carolina, which employs 1,700 people, is slated to close by the end of 2027. The company stated this "difficult action" is necessary to strengthen its competitiveness and long-term business health, despite losing $249 million in Q1 2026 due to weak industry demand and rising raw material costs. Local leaders from Fayetteville and Cumberland County are preparing to support the affected employees with job placement services and training programs.
Goodyear to become sponsor and sole tire supplier of the TGP Championship - German truck racing championship.
Goodyear has been named the official single tire supplier for the inaugural 2026 season of the TGP Championship, the new German truck racing series. This partnership extends Goodyear's long-standing relationship with ETRA Promotion GmbH and the FIA ETRC. Goodyear will provide high-performance race tires and focus on sustainability, including developing tires from sustainable materials and retreading used racing tires.
Goodyear Tire & Rubber Company Shares Fall After Deutsche Bank Downgrade
Goodyear Tire & Rubber Company shares experienced a decline following a downgrade from Deutsche Bank. The firm lowered its rating on the stock from Buy to Hold and reduced the price target to $13 per share. This downgrade was attributed to ongoing demand weakness, particularly in Europe, and potential challenges in the North American truck business.
Goodyear Tire stock hits 52-week low at $6.13
Goodyear Tire & Rubber Co. (GT) stock recently hit a 52-week low of $6.13, reflecting a 43.85% decline over the past year and a 25.7% year-to-date drop. This downturn is attributed to broader industry pressures, market volatility, and a challenging gross profit margin of 18.6%. Deutsche Bank downgraded the stock to Hold due to significant raw material cost pressures related to the Middle East conflict.
GT Stock Slips As Earnings Miss And Price Targets Fall
Goodyear Tire & Rubber (GT) stock dipped over 7% after reporting Q1 2026 net sales of $3.9 billion, an 8.7% decrease, and swinging from a profit to a $249 million loss. The company's tire volumes fell 11.6%, and its segment operating margin contracted to 2.4%, despite the Goodyear Forward program and tariff benefits. Analysts from CFRA and Citi reiterated "Hold" and "Neutral" ratings, respectively, but cut their price targets, citing weak demand, margin pressure, and rising raw material costs.
Goodyear Tire & Rubber (NASDAQ:GT) Hits New 12-Month Low Following Analyst Downgrade
Goodyear Tire & Rubber (NASDAQ:GT) stock dropped to a new 52-week low after Wall Street Zen downgraded it from "hold" to "sell." Despite beating earnings estimates in its latest quarterly results, revenue declined by 8.7% year-over-year, and the company continues to face profitability challenges. The stock now holds an average rating of "Reduce" and an average price target of $8.54 among analysts.
Goodyear Tire stock hits 52-week low at $6.13 By Investing.com
Goodyear Tire & Rubber Co. (GT) stock recently hit a 52-week low of $6.13, reflecting a 43.85% decline over the past year and a 25.7% year-to-date drop. This downturn is attributed to broader industry pressures, market volatility, and a contracting market capitalization of $1.77 billion. Despite beating Q1 2026 earnings expectations, the company faces challenges such as significant raw material cost pressures, particularly linked to the Middle East conflict, leading to a downgrade from Deutsche Bank.
Goodyear to become sponsor and sole tire supplier of the TGP Championship - German truck racing championship.
Goodyear has been named the official single tire supplier and sponsor for the new TGP Championship, Germany's truck racing series, starting in its inaugural 2026 season. This partnership extends Goodyear's long-standing relationship with ETRA Promotion GmbH and emphasizes sustainability, as highlighted by Goodyear's new truck racing tire made from 55% sustainable materials and its circular-economy initiatives for used tires. The championship will debut in May 2026 at major German circuits.
Goodyear Tire & Rubber (NASDAQ:GT) Receives "Hold" Rating from Deutsche Bank Aktiengesellschaft
Deutsche Bank Aktiengesellschaft has reissued a "hold" rating for Goodyear Tire & Rubber (NASDAQ:GT) but lowered its price target from $9.00 to $7.00. This new target implies a potential upside of 7.53% from the stock's previous close. Other analysts have also adjusted their ratings and price targets, resulting in an average rating of "Reduce" and an average price target of $8.54 for the company, despite Goodyear beating earnings per share estimates last quarter.
Is Goodyear Tire & Rubber (GT) Now Attractive After A 41% One-Year Share Price Slide?
Goodyear Tire & Rubber (GT) has seen a significant 41% decline in its share price over the past year. A Discounted Cash Flow (DCF) analysis suggests the stock is currently 142.9% overvalued, with an intrinsic value of $2.68 compared to its trading price of $6.51. However, a Price-to-Sales (P/S) ratio analysis indicates the stock might be undervalued at 0.10x against a "Fair Ratio" of 0.44x, suggesting mixed signals on its valuation.
Goodyear Tire loses its bull rating at Deutsche Bank amid raw material headwinds (GT:NASDAQ)
Deutsche Bank has downgraded Goodyear Tire & Rubber Company (GT) from a Buy to a Hold rating, citing concerns over raw material pricing headwinds. This downgrade led to a decline in Goodyear's stock in early trading. The firm warns that increased raw material costs are expected to negatively impact the tire manufacturer's financial performance.
The Goodyear Tire & Rubber Company (NASDAQ:GT) Q1 2026 Earnings Call Transcript
Goodyear (NASDAQ: GT) navigates shifting market dynamics and challenging backdrops, including industry declines and the Middle East conflict, impacting raw material costs and demand. The company reports Q1 2026 operating results largely in line with expectations, with EMEA and Asia Pacific showing segment operating income growth, while America's experienced tough conditions. Goodyear emphasizes disciplined price/mix strategies, ongoing cost reduction initiatives under "Goodyear Forward," and portfolio rationalization toward premium products to drive long-term value despite near-term uncertainties.
Vanguard Group Inc. Decreases Holdings in The Goodyear Tire & Rubber Company $GT
Vanguard Group Inc. reduced its stake in The Goodyear Tire & Rubber Company by 1.0% in the fourth quarter, selling 268,612 shares, though it remains a significant shareholder with 27.7 million shares valued at $242.5 million. Goodyear's stock was recently trading down 5.1% at $6.51, near its 12-month low, despite reporting quarterly earnings and revenue that surpassed expectations but showed an 8.7% year-over-year sales decline. Analysts currently hold a consensus "Hold" rating for the stock, with an average price target of $8.83.
Goodyear Tire & Rubber (NASDAQ:GT) Price Target Cut to $8.00 by Analysts at Citigroup
Citigroup analysts have reduced their price target for Goodyear Tire & Rubber (NASDAQ:GT) from $10.00 to $8.00, maintaining a "neutral" rating. This adjustment follows several other firms lowering their price targets and a downgrade to "strong sell" by Zacks Research, resulting in a consensus "Hold" rating with an average price target of $8.83. Despite beating quarterly EPS and revenue estimates, Goodyear's shares dropped 5.1% to $6.51 after the announcement, primarily due to an 8.7% year-over-year decline in revenue.
Goodyear Tire & Rubber (NASDAQ:GT) Rating Lowered to Strong Sell at Zacks Research
Zacks Research downgraded Goodyear Tire & Rubber (NASDAQ:GT) from a "hold" to a "strong sell" rating, citing increased analyst pessimism and a tough Q1 performance. Despite a slight beat on EPS at -$0.39, the company reported an 8.7% revenue decline year-over-year and a wider GAAP net loss, warning of persistent weak demand and input-cost inflation. Analysts maintain a consensus "Hold" rating with a $9.11 target price as the stock trades near a one-year low, reflecting limited near-term upside.
Goodyear swings to loss as volumes and costs weigh on first quarter
Goodyear Tire & Rubber Company reported a net loss of $246 million in the first quarter of 2026, a reversal from a profit in the prior year, primarily due to falling tyre volumes and increased costs. The Americas region was particularly hard hit with significant declines in net sales and operating income. Despite a challenging market, the company's Q1 results met expectations, supported by strategic efforts and favorable currency movements in other regions.
Goodyear Tire & Rubber Q1 Earnings Call Highlights
Goodyear Tire & Rubber reported Q1 2026 results generally in line with expectations, with sales down 9% to $3.9 billion and a unit volume decline of 12%. The company saw strong performance in EMEA and Asia Pacific, with increased segment operating income and margin improvement, while the Americas faced challenging conditions due to weak demand and destocking. Goodyear is implementing cost reduction programs, has adjusted its raw material outlook due to the Middle East conflict, and reduced planned capital expenditures for 2026.
Goodyear CEO braces for customers to drive less with gas prices rising
Goodyear CEO Mark Stewart anticipates reduced tire demand due to rising gas prices leading to fewer vehicle miles traveled. The company's CFO, Christina Zamarro, noted the impact of oil prices on raw material costs, particularly synthetic rubber inputs. Goodyear also expects a $46 million tariff refund and reported an adjusted loss per share of 39 cents for Q1 2026.
Goodyear anticipates $200m 2H raw materials headwind and cuts 2026 capex to $725m amid Middle East conflict uncertainty
Goodyear is forecasting a $200 million headwind in the second half of the year due to rising raw material costs. In response, the company plans to reduce its capital expenditures for 2026 to $725 million. This adjustment is partly attributed to the ongoing uncertainty stemming from the Middle East conflict.
Goodyear Tire & Rubber (GT) Q1 Loss Deepens Trailing US$2.1b Deficit And Tests Bullish Narratives
Goodyear Tire & Rubber (GT) reported a Q1 2026 loss with a basic EPS of US$0.86 and a trailing 12-month net loss of US$2.1 billion, keeping the company in negative territory. Analysts are scrutinizing whether the company can rebuild profitability, especially given its low expected revenue growth of 0.3% per year. The stock trades at a low P/S ratio but is burdened by high debt and weak interest coverage, raising concerns about its balance sheet resilience.
