Goodyear Tire & Rubber (NASDAQ:GT) Rating Increased to Hold at Zacks Research

Posted by Brian Himes on Jul 15th, 2026

Goodyear Tire & Rubber (NASDAQ:GT – Get Free Report) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

GT has been the topic of several other research reports. TD Cowen dropped their price objective on shares of Goodyear Tire & Rubber from $10.00 to $9.00 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Weiss Ratings restated a “sell (d)” rating on shares of Goodyear Tire & Rubber in a research note on Monday, May 11th. JPMorgan Chase & Co. restated an “overweight” rating and set a $10.00 price target on shares of Goodyear Tire & Rubber in a research report on Monday, May 11th. 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 research note on Friday, May 8th. Finally, Wall Street Zen raised Goodyear Tire & Rubber from a “strong sell” rating to a “sell” rating in a report on Saturday, June 6th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $8.54.

Get Our Latest Stock Report on Goodyear Tire & Rubber

Goodyear Tire & Rubber Stock Up 0.3%

Shares of Goodyear Tire & Rubber stock opened at $6.66 on Monday. The company has a quick ratio of 0.51, a current ratio of 1.04 and a debt-to-equity ratio of 1.66. The stock has a 50 day moving average price of $6.21 and a two-hundred day moving average price of $7.44. The stock has a market capitalization of $1.91 billion, a P/E ratio of -0.92 and a beta of 1.12. Goodyear Tire & Rubber has a 12-month low of $5.43 and a 12-month high of $11.65.

Goodyear Tire & Rubber (NASDAQ:GT – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported ($0.39) EPS for the quarter, topping the consensus estimate of ($0.44) by $0.05. The firm had revenue of $3.88 billion for the quarter, compared to the consensus estimate of $3.81 billion. Goodyear Tire & Rubber had a negative net margin of 11.64% and a positive return on equity of 0.93%. The business’s quarterly revenue was down 8.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.04) EPS. Equities analysts expect that Goodyear Tire & Rubber will post -0.24 earnings per share for the current year.

Institutional Investors Weigh In On Goodyear Tire & Rubber

Hedge funds and other institutional investors have recently made changes to their positions in the company. 180 Wealth Advisors LLC raised its position in shares of Goodyear Tire & Rubber by 30.2% during the second quarter. 180 Wealth Advisors LLC now owns 33,419 shares of the company’s stock worth $221,000 after acquiring an additional 7,761 shares during the last quarter. Empowered Funds LLC boosted its holdings in Goodyear Tire & Rubber by 5.6% in the first quarter. Empowered Funds LLC now owns 1,343,234 shares of the company’s stock valued at $8,906,000 after acquiring an additional 70,696 shares during the last quarter. Bank of America Corp DE increased its position in Goodyear Tire & Rubber by 54.9% in the first quarter. Bank of America Corp DE now owns 1,669,177 shares of the company’s stock worth $11,067,000 after purchasing an additional 591,839 shares during the period. Kentucky Retirement Systems bought a new stake in Goodyear Tire & Rubber during the 1st quarter worth about $135,000. Finally, EverSource Wealth Advisors LLC lifted its position in Goodyear Tire & Rubber by 656.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 6,048 shares of the company’s stock valued at $40,000 after purchasing an additional 5,248 shares during the period. 84.19% of the stock is owned by institutional investors and hedge funds.

About Goodyear Tire & Rubber

(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.