Goodyear Tire & Rubber (GT) Expected to Announce Quarterly Earnings on Wednesday

Goodyear Tire & Rubber (NASDAQ:GTGet Free Report) is anticipated to announce its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of ($0.4044) per share and revenue of $3.8139 billion for the quarter. Individuals may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, May 7, 2026 at 8:30 AM ET.

Goodyear Tire & Rubber (NASDAQ:GTGet Free Report) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.06). The firm had revenue of $4.92 billion during the quarter, compared to analyst estimates of $4.85 billion. Goodyear Tire & Rubber had a positive return on equity of 3.21% and a negative net margin of 9.41%.The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the firm posted $0.39 EPS. On average, analysts expect Goodyear Tire & Rubber to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Goodyear Tire & Rubber Price Performance

Shares of NASDAQ GT opened at $7.08 on Monday. The company has a market capitalization of $2.03 billion, a P/E ratio of -1.18, a price-to-earnings-growth ratio of 0.65 and a beta of 1.17. Goodyear Tire & Rubber has a 52-week low of $6.14 and a 52-week high of $12.03. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.54 and a current ratio of 1.06. The company’s 50 day moving average price is $7.14 and its 200-day moving average price is $8.05.

Institutional Trading of Goodyear Tire & Rubber

Institutional investors have recently made changes to their positions in the company. VARCOV Co. bought a new stake in shares of Goodyear Tire & Rubber in the 4th quarter worth $137,000. Brooklyn Investment Group bought a new stake in shares of Goodyear Tire & Rubber in the 4th quarter worth $136,000. Armistice Capital LLC bought a new stake in shares of Goodyear Tire & Rubber in the 4th quarter worth $133,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Goodyear Tire & Rubber by 13.2% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 17,050 shares of the company’s stock worth $128,000 after acquiring an additional 1,990 shares in the last quarter. Finally, Abel Hall LLC bought a new stake in shares of Goodyear Tire & Rubber in the 4th quarter worth $105,000. Institutional investors own 84.19% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on GT shares. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Goodyear Tire & Rubber from $12.00 to $9.00 and set a “buy” rating on the stock in a research report on Thursday, April 16th. Citigroup boosted their price target on shares of Goodyear Tire & Rubber from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Thursday, February 12th. Zacks Research downgraded shares of Goodyear Tire & Rubber from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. JPMorgan Chase & Co. dropped their price target on shares of Goodyear Tire & Rubber from $11.00 to $10.00 and set an “overweight” rating on the stock in a research report on Thursday, April 23rd. Finally, TD Cowen dropped their target price on shares of Goodyear Tire & Rubber from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Wednesday, April 15th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $9.11.

Read Our Latest Research Report on Goodyear Tire & Rubber

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.

See Also

Earnings History for Goodyear Tire & Rubber (NASDAQ:GT)

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