The Goodyear Tire & Rubber Company remains a Strong Buy as it executes a shrink-to-grow strategy, focusing on premium ≥18" EV tires and margin expansion. GT's restructuring, including the Fayetteville closure and product mix shift, targets higher-margin segments and positions the company for the accelerating EV replacement supercycle. Regulatory and supply-side catalysts—PFAS bans, natural rubber supply shocks, and SaaS-ification via SightLine and Nvidia—create durable moats and new revenue streams.
Goodyear (GT) reported earnings 30 days ago. What's next for the stock?
Goodyear has extended the timeline for its turnaround plan as the company tries to restructure its business, refinance and pay down years of debt and as key financial targets remain unmet. CEO Mark Stewart told CNBC the iconic tire manufacturer is trying to reach a 10% operating margin and generate meaningful cash flow.
GT's Q2 loss widens as volume pressure weighs on results, while Asia Pacific gains and cash flow improvements offer support.
Goodyear Tire & Rubber NASDAQ: GT reported second-quarter sales of $4.3 billion, down about 5% from a year earlier, as lower tire volumes and the prior-year divestitures of its chemicals business and Dunlop brand outweighed price-and-mix improvements. Excluding those divestitures, sales declined about 1% organically.
While the top- and bottom-line numbers for Goodyear (GT) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Goodyear (GT) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of a loss of $0.59. This compares to a loss of $0.17 per share a year ago.
The company posted a loss of $204 million, or 71 cents a share, compared with a profit of $254 million, or 87 cents a share, in the year-ago quarter.
Goodyear (GT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Goodyear Tire & Rubber Company remains a Hold, reflecting persistent uncertainty and operational headwinds despite trading near 52-week lows. Q1 2026 results showed declining volumes, pressured margins, and a mixed regional performance, with the Americas notably weak and Asia Pacific providing some offset. Goodyear Forward cost savings are materializing, but raw material cost risks and weak demand undermine margin recovery and earnings visibility.
The Goodyear Tire & Rubber Company (GT) Q1 2026 Earnings Call Transcript