MarketBeat reports Buy consensus for Garrett Motion stock

Published on 10/06/2026 at 16:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Seven analysts set a USD 38.20 average target for Garrett Motion stock. Second-quarter revenue reached USD 976.0 million, up 6.90 percent year over year.

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MarketBeat reported a Buy consensus for Garrett Motion stock on October 5, 2026, with seven analysts and an average 12-month target of USD 38.20. The company delivered USD 976.0 million in revenue during the second quarter of 2026, up 6.90 percent year over year.

Results support the consensus

According to Garrett Motion in its July 29, 2026 release, second-quarter net income totaled USD 101.0 million and net income margin was 10.30 percent. Adjusted EBIT reached USD 152.0 million, while adjusted EBIT margin expanded to 15.60 percent.

The earnings profile gives the Buy consensus a concrete operating basis. Adjusted EBIT increased by USD 28.0 million from the year-earlier quarter, and the margin expanded by 2.00 percentage points, according to Zacks on August 28, 2026.

Outlook moves higher

Garrett raised its full-year 2026 net sales outlook to USD 3.7 billion-USD 3.9 billion from USD 3.6 billion-USD 3.9 billion. The adjusted EBIT outlook increased to USD 560.0 million-USD 600.0 million from USD 520.0 million-USD 600.0 million, while adjusted free cash flow is projected at USD 385.0 million-USD 475.0 million.

For investors, the key comparison is the midpoint. The revised outlook implies USD 3.8 billion of 2026 net sales and USD 580.0 million of adjusted EBIT, with productivity and product mix offsetting softer expected light-vehicle production, Zacks reported.

Nasdaq quote and valuation

Garrett Motion traded at USD 26.19 on Nasdaq on October 6, 2026 at 10:34 a.m. ET, down 1.82 percent from the prior close of USD 26.68. The quote stood within a 52-week range of USD 12.26 to USD 36.25, while market capitalization was USD 4.9 billion.

The market price remains below the USD 38.20 average analyst target cited by MarketBeat on October 5, 2026. That target is a consensus measure rather than company guidance, while the second-quarter figures and raised outlook provide the operating milestones behind the current valuation.