Stifel cuts target to USD 33 for Garrett Motion stock
Published on 10/20/2026 at 21:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Stifel cut its Garrett Motion target from USD 36.00 to USD 33.00 on October 19, 2026.
- Garrett Motion will publish third-quarter results on October 29, 2026, before the US market opens.
- Garrett Motion stock costs EUR 20.80 at Lang & Schwarz on October 20, 2026 at 9:21 p.m. CEST.
Garrett Motion stock (ISIN US3665051054) is facing a lower Stifel target after analyst Nathan Jones cut the price objective from USD 36.00 to USD 33.00 on October 19, 2026, according to Moomoo News. The stock was trading at EUR 20.80 at Lang & Schwarz on October 20, 2026 at 9:21 p.m. CEST.
Stifel keeps its Buy rating
Stifel maintained its Buy rating while lowering the target by USD 3.00. The new target stood 41.33 percent above the USD 23.35 Nasdaq quote at 3:27 p.m. ET on October 20, 2026, using the same currency for the comparison.
The target change gives investors a concrete measure of the latest analyst adjustment. It also puts the USD 33.00 objective below the USD 36.25 52-week high and above the USD 12.44 low reported for the stock's primary market.
Third-quarter date is October 29
Garrett Motion will publish its third-quarter 2026 financial results before the US market opens on October 29, 2026. The company announced the date on October 14, 2026, and scheduled its conference call for 8:30 a.m. EST, or 2:30 p.m. CET, according to Garrett Motion.
The coming report will provide the next operating checkpoint for the company, which develops turbocharging and electric-boosting systems for vehicle and industrial customers. Its investor-relations profile identifies passenger vehicle, commercial vehicle, aftermarket and performance applications as core areas.
Valuation and market position
Garrett Motion had a market capitalization of USD 4.4 billion and a price-to-earnings ratio of 12.76 as of October 20, 2026. The Nasdaq quote was USD 23.35 at 3:27 p.m. ET, while the 52-week range ran from USD 12.44 to USD 36.25.
The company reported USD 976.0 million in second-quarter 2026 revenue, USD 148.0 million in operating profit and USD 0.53 in diluted earnings per share. Those figures provide the operating baseline for the October 29 report and are consistent with the latest standardized quarterly statement.
Stock position after the target cut
The combination of a lower USD 33.00 target and a scheduled October 29 report leaves the next valuation update tied to fresh operating figures. Garrett Motion's Nasdaq listing, auto-parts classification and EUR 20.80 German quote give investors separate venue and currency reference points.
Garrett Motion was trading at EUR 20.80 at Lang & Schwarz on October 20, 2026 at 9:21 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Garrett Motion stock.
Garrett Motion market facts
- Company: Garrett Motion Inc.
- ISIN: US3665051054
- Ticker: GTX
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 9:21 p.m. CEST): EUR 20.80
- Market capitalization: USD 4.4 billion (as of October 20, 2026)
- 52-week range: USD 12.44-USD 36.25 (as of October 20, 2026)
- Sector / Industry: Consumer Cyclical / Auto Parts
Market context: Market report Nasdaq Composite.
