Goodyear Tire & Rubber (NASDAQ:GT) Reaches New 12-Month Low – Here’s Why

Posted by Stanley Muller on Oct 22nd, 2026

Shares of The Goodyear Tire & Rubber Company (NASDAQ:GT – Get Free Report) hit a new 52-week low during trading on Tuesday. The company traded as low as $4.11 and last traded at $4.15, with a volume of 7,803,192 shares trading hands. The stock had previously closed at $4.29.

Analyst Ratings Changes

GT has been the subject of several analyst reports. JPMorgan Chase & Co. cut their price objective on shares of Goodyear Tire & Rubber from $10.00 to $9.00 and set an “overweight” rating for the company in a report on Friday, October 2nd. Wall Street Zen raised shares of Goodyear Tire & Rubber from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Zacks Research downgraded Goodyear Tire & Rubber from a “hold” rating to a “strong sell” rating in a research report on Friday, October 16th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Goodyear Tire & Rubber in a research report on Friday, August 7th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of $8.06.

View Our Latest Analysis on Goodyear Tire & Rubber

Goodyear Tire & Rubber Stock Up 1.4%

The company has a market cap of $1.24 billion, a P/E ratio of -0.49 and a beta of 1.22. The company has a 50 day moving average of $5.35 and a 200-day moving average of $6.13. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.09 and a quick ratio of 0.55.

Goodyear Tire & Rubber (NASDAQ:GT – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported ($0.61) EPS for the quarter, topping the consensus estimate of ($0.63) by $0.02. The business had revenue of $4.25 billion during the quarter, compared to analysts’ expectations of $4.19 billion. Goodyear Tire & Rubber had a negative return on equity of 2.95% and a negative net margin of 14.37%. The firm’s revenue was down 4.8% on a year-over-year basis. During the same period in the previous year, the business earned ($0.17) earnings per share. On average, equities analysts predict that The Goodyear Tire & Rubber Company will post -1.03 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Nykredit A S bought a new position in shares of Goodyear Tire & Rubber in the second quarter worth approximately $27,000. Versant Capital Management Inc raised its stake in Goodyear Tire & Rubber by 190.1% in the third quarter. Versant Capital Management Inc now owns 5,349 shares of the company’s stock valued at $27,000 after purchasing an additional 3,505 shares in the last quarter. Allworth Financial LP bought a new stake in Goodyear Tire & Rubber during the second quarter valued at approximately $33,000. EverSource Wealth Advisors LLC lifted its position in Goodyear Tire & Rubber by 656.0% during the first 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 last quarter. Finally, Magnolia Capital Advisors LLC bought a new stake in Goodyear Tire & Rubber during the second quarter valued at approximately $67,000. Hedge funds and other institutional investors own 84.19% of the company’s stock.

About Goodyear Tire & Rubber

(Get Free Report)

Goodyear Tire & Rubber Company is a global tire manufacturer headquartered in Akron, Ohio. Founded in 1898, the company develops, produces, markets and distributes tires and related products for passenger vehicles, commercial trucks, aircraft, motorcycles, agricultural equipment and off-road vehicles.

Goodyear serves consumer, commercial and original-equipment customers through a portfolio that includes Goodyear and other regional and market-specific brands. Its offerings include replacement tires, tires supplied to vehicle manufacturers, retreading products and related solutions designed to support vehicle performance, safety and efficiency.

In addition to manufacturing, Goodyear operates tire and automotive service locations and provides fleet-management, maintenance and other mobility-related services for commercial customers.