JPMorgan cuts target for Goodyear stock to USD 9.00

Published on 10/05/2026 at 22:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan kept Overweight as its target fell to USD 9.00 on October 2, 2026. Goodyear stock costs EUR 4.17 on October 5, 2026 versus EUR 4.34.

GT, US3825501014, Illustration mit AI erstellt.

Goodyear Tire & Rubber (ISIN US3825501014) was trading at EUR 4.17 at Lang & Schwarz on October 5, 2026 at 10:12 p.m. CEST, down 3.92 percent from the prior close of EUR 4.34. The latest analyst move came from JPMorgan, which cut its price target from USD 10.00 to USD 9.00 while keeping an Overweight rating on October 2, 2026, according to Markets Insider.

Target cut meets weak earnings

The target reduction puts the analyst debate against a difficult second-quarter operating picture. Zacks reported that Goodyear posted an adjusted loss of USD 0.61 per share in the second quarter of 2026, wider than the adjusted consensus loss of USD 0.59 per share. The adjusted loss widened 258.80 percent from the second quarter of 2025.

Net sales reached USD 4.25 billion in the second quarter of 2026, down 4.80 percent from the prior-year quarter but above the USD 4.23 billion consensus estimate. Tire unit volume fell 4.00 percent to 36.50 million units, showing that demand rather than pricing remains the central pressure point.

Asia offsets part of the pressure

The regional split was uneven in the second quarter of 2026. Americas net sales fell 10.50 percent year over year to USD 2.38 billion, while tire unit volume declined 8.70 percent to 17.40 million units and the segment posted an operating loss of USD 10.00 million.

Asia Pacific provided the clearest counterweight, with sales up 8.10 percent year over year to USD 496.00 million. Segment operating income increased to USD 63.00 million from USD 43.00 million, lifting the margin to 12.70 percent from 9.40 percent, according to Zacks.

Nasdaq range remains wide

TradingView identifies The Goodyear Tire & Rubber Company as Nasdaq-listed under ticker GT and confirms ISIN US3825501014. The primary-market 52-week range stood at USD 4.61 to USD 12.03 on October 5, 2026, while market capitalization was USD 1.3 billion. The euro quote therefore sits in a market picture shaped by a lower earnings base, a wide valuation range and a target that remains above the current level.

Goodyear stock trades after hours

Goodyear stock was trading at EUR 4.17 at Lang & Schwarz on October 5, 2026 at 10:12 p.m. CEST, down 3.92 percent versus the Lang & Schwarz prior close of EUR 4.34 on October 2, 2026.