Goodyear Tire & Rubber (NASDAQ:GT) Lowered to “Strong Sell” Rating by Wall Street Zen

Posted by Francis Steltz on May 18th, 2026

Wall Street Zen downgraded shares of Goodyear Tire & Rubber (NASDAQ:GT – Free Report) from a sell rating to a strong sell rating in a research report sent to investors on Sunday morning.

Several other equities analysts have also commented on the company. Citigroup lowered their target price on Goodyear Tire & Rubber from $10.00 to $8.00 and set a “neutral” rating for the company in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $7.00 target price (down from $9.00) on shares of Goodyear Tire & Rubber in a report on Monday, May 11th. Weiss Ratings reiterated a “sell (d)” rating on shares of Goodyear Tire & Rubber in a research report on Monday, May 11th. Zacks Research downgraded Goodyear Tire & Rubber from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 6th. Finally, TD Cowen reduced their price objective on Goodyear Tire & Rubber from $10.00 to $9.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Goodyear Tire & Rubber currently has an average rating of “Reduce” and a consensus target price of $8.54.

Check Out Our Latest Research Report on GT

Goodyear Tire & Rubber Price Performance

NASDAQ:GT opened at $5.64 on Friday. The firm has a market capitalization of $1.62 billion, a PE ratio of -0.78 and a beta of 1.17. The stock has a 50 day moving average of $6.76 and a 200-day moving average of $8.01. Goodyear Tire & Rubber has a 52 week low of $5.63 and a 52 week high of $12.03. The company has a current ratio of 1.04, a quick ratio of 0.51 and a debt-to-equity ratio of 1.66.

Goodyear Tire & Rubber (NASDAQ:GT – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported ($0.39) EPS for the quarter, beating the consensus estimate of ($0.44) by $0.05. The company had revenue of $3.88 billion during the quarter, compared to analyst estimates of $3.81 billion. Goodyear Tire & Rubber had a positive return on equity of 0.93% and a negative net margin of 11.64%.The business’s revenue was down 8.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.04) earnings per share. Analysts predict that Goodyear Tire & Rubber will post -0.11 EPS for the current year.

Hedge Funds Weigh In On Goodyear Tire & Rubber

Hedge funds and other institutional investors have recently made changes to their positions in the business. Invenomic Capital Management LP acquired a new stake in Goodyear Tire & Rubber in the third quarter worth approximately $13,753,000. CenterBook Partners LP lifted its position in Goodyear Tire & Rubber by 166.1% in the third quarter. CenterBook Partners LP now owns 2,040,792 shares of the company’s stock worth $15,265,000 after purchasing an additional 1,273,883 shares during the period. Anderson Financial Strategies LLC acquired a new stake in Goodyear Tire & Rubber in the third quarter worth approximately $1,318,000. Allianz Asset Management GmbH lifted its position in Goodyear Tire & Rubber by 76.3% in the third quarter. Allianz Asset Management GmbH now owns 1,135,023 shares of the company’s stock worth $8,490,000 after purchasing an additional 491,210 shares during the period. Finally, Brevan Howard Capital Management LP lifted its position in Goodyear Tire & Rubber by 313.7% in the third quarter. Brevan Howard Capital Management LP now owns 438,206 shares of the company’s stock worth $3,278,000 after purchasing an additional 332,294 shares during the period. 84.19% of the stock is currently owned by institutional investors and hedge funds.

Goodyear Tire & Rubber Company Profile

(Get Free Report)

The Goodyear Tire & Rubber Company is a leading tire manufacturer and rubber products supplier with more than a century of innovation in its portfolio. Founded in 1898 by Frank Seiberling in Akron, Ohio, the company has grown into a global enterprise known for its engineering expertise and quality standards. Over its history, Goodyear has pioneered advances in tire technology, from early pneumatic designs to modern high-performance and fuel-efficient solutions.

Goodyear’s core business encompasses the design, production and distribution of tires for a variety of markets, including passenger cars, commercial trucks, off-the-road vehicles, aircraft and specialty applications.