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NASDAQ: GT
Goodyear Tire & Rubber Co Stock Forecast, Predictions & Price Target

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Analyst price target for GT

Based on 5 analysts offering 12 month price targets for Goodyear Tire & Rubber Co.
Min Forecast
$13.00+22.07%
Avg Forecast
$17.26+62.07%
Max Forecast
$23.00+115.96%

Should I buy or sell GT stock?

Based on 7 analysts offering ratings for Goodyear Tire & Rubber Co.
Buy
Strong Buy
2 analysts 28.57%
Buy
0 analysts 0%
Hold
5 analysts 71.43%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Argus Research
Bottom 21%
21
HoldDowngradesN/AN/A2022-11-29
Citigroup
Bottom 6%
6
HoldMaintains$13.00+22.07%2022-11-02
Deutsche Bank
Top 11%
90
HoldDowngrades$15.00+40.85%2022-07-18
Anonymous
Morgan Stanley
HoldMaintains$18.50+73.71%2022-05-12
Nomura Instinet
Top 26%
75
Strong BuyUpgrades$15.30+43.66%2022-05-10
Exane BNP Paribas
Bottom 30%
30
HoldInitiates Coverage OnN/AN/A2022-04-11
Morgan Stanley
Bottom 50%
50
HoldMaintains$20.00+87.79%2022-02-16
JP Morgan
Top 16%
85
Strong BuyUpgrades$23.00+115.96%2022-02-14

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Forecast return on equity

Is GT forecast to generate an efficient return?
Company
21.52%
Industry
25.77%
Market
50.96%
GT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is GT forecast to generate an efficient return on assets?
Company
4.68%
Industry
8.58%
GT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

GT earnings per share forecast

What is GT's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$2.14-32.49%
Avg 2 year Forecast
$2.55-19.56%
Avg 3 year Forecast
$3.87+22.08%
GT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

GT revenue forecast

What is GT's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$21.0B+2.71%
Avg 2 year Forecast
$22.1B+8.1%
Avg 3 year Forecast
$24.6B+19.88%
GT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GT earnings growth forecast

How is GT forecast to perform vs Auto Parts companies and vs the US market?
Company
-6.4%
Industry
51.23%
Market
20.2%
GT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
GT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
GT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

GT revenue growth forecast

How is GT forecast to perform vs Auto Parts companies and vs the US market?
Company
4.74%
Industry
9.13%
Market
6.42%
GT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GT vs Auto Part Stocks

TickerPricePrice TargetUp/downsideConsensus
GT$10.65$17.26+62.07%Buy
QS$6.96$12.40+78.16%Hold
ADNT$34.48$40.00+16.01%Hold
DORM$85.87$103.00+19.95%Buy
THRM$73.79$79.40+7.60%Buy

Goodyear Tire & Rubber Co Stock Forecast FAQ

Is Goodyear Tire & Rubber Co Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: GT) stock is to Buy GT stock.

Out of 7 analysts, 2 (28.57%) are recommending GT as a Strong Buy, 0 (0%) are recommending GT as a Buy, 5 (71.43%) are recommending GT as a Hold, 0 (0%) are recommending GT as a Sell, and 0 (0%) are recommending GT as a Strong Sell.

If you're new to stock investing, here's how to buy Goodyear Tire & Rubber Co stock.

What is GT's earnings growth forecast for 2022-2024?

(NASDAQ: GT) Goodyear Tire & Rubber Co's forecast annual earnings growth rate of -6.4% is not forecast to beat the US Auto Parts industry's average forecast earnings growth rate of 51.23%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.2%.

Goodyear Tire & Rubber Co's earnings in 2022 is $871,000,000.On average, 3 Wall Street analysts forecast GT's earnings for 2022 to be $605,322,579, with the lowest GT earnings forecast at $579,865,087, and the highest GT earnings forecast at $636,437,291. On average, 3 Wall Street analysts forecast GT's earnings for 2023 to be $721,295,596, with the lowest GT earnings forecast at $707,152,545, and the highest GT earnings forecast at $735,438,647.

In 2024, GT is forecast to generate $1,094,672,140 in earnings, with the lowest earnings forecast at $1,094,672,140 and the highest earnings forecast at $1,094,672,140.

What is GT's revenue growth forecast for 2022-2024?

(NASDAQ: GT) Goodyear Tire & Rubber Co's forecast annual revenue growth rate of 4.74% is not forecast to beat the US Auto Parts industry's average forecast revenue growth rate of 9.13%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.42%.

Goodyear Tire & Rubber Co's revenue in 2022 is $20,485,000,000.On average, 3 Wall Street analysts forecast GT's revenue for 2022 to be $5,951,428,630,598, with the lowest GT revenue forecast at $5,841,014,963,666, and the highest GT revenue forecast at $6,053,174,870,217. On average, 3 Wall Street analysts forecast GT's revenue for 2023 to be $6,263,963,749,413, with the lowest GT revenue forecast at $6,172,856,195,543, and the highest GT revenue forecast at $6,376,980,020,572.

In 2024, GT is forecast to generate $6,946,158,618,212 in revenue, with the lowest revenue forecast at $6,946,158,618,212 and the highest revenue forecast at $6,946,158,618,212.

What is GT's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: GT) forecast ROA is 4.68%, which is lower than the forecast US Auto Parts industry average of 8.58%.

What is GT's Price Target?

According to 5 Wall Street analysts that have issued a 1 year GT price target, the average GT price target is $17.26, with the highest GT stock price forecast at $23.00 and the lowest GT stock price forecast at $13.00.

On average, Wall Street analysts predict that Goodyear Tire & Rubber Co's share price could reach $17.26 by Nov 29, 2023. The average Goodyear Tire & Rubber Co stock price prediction forecasts a potential upside of 62.07% from the current GT share price of $10.65.

What is GT's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: GT) Goodyear Tire & Rubber Co's current Earnings Per Share (EPS) is $3.17. On average, analysts forecast that GT's EPS will be $2.14 for 2022, with the lowest EPS forecast at $2.05, and the highest EPS forecast at $2.25. On average, analysts forecast that GT's EPS will be $2.55 for 2023, with the lowest EPS forecast at $2.50, and the highest EPS forecast at $2.60. In 2024, GT's EPS is forecast to hit $3.87 (min: $3.87, max: $3.87).

What is GT's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: GT) forecast ROE is 21.52%, which is considered strong.
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