The price of GT is predicted to go up 11.94%, based on the high correlation periods with WLK. The similarity of these two price pattern on the periods is 93.8%.
GT
WLK
Up: 11.94%Similarity: 93.8%
GT Revenue Forecast
GT EPS Forecast
GT FAQs
What is bull’s view on GT?
GT stock has a bullish outlook with a potential upside to $12.72, representing a 34.42% increase from its recent price of $9.46, driven by analysts' optimism about Goodyear's restructuring efforts. The company's "Forward" program aims to improve operational efficiency, though it remains in early stages, suggesting long-term growth potential. Insider buying activity and institutional interest further support positive sentiment around the stock.
What is bear's view on GT?
Bearish sentiment on GT stock stems from its current challenges. Trading at $9.46, it has a 34.42% upside to the $12.72 analyst target, but uncertainty around its restructuring program and mixed institutional activity suggest a prolonged turnaround. Insider purchases indicate some confidence, yet the stock remains under pressure due to operational and market risks.
What is GT revenue forecast for next quarter?
The market consensus for GT's revenue in the upcoming quarter is projected to be approximately $4.604B USD.
What is GT eps forecast for next quarter?
The market consensus for GT's eps in the upcoming quarter is projected to be approximately $0.275 USD.
Deutsche Bank analyst Edison Yu resumed coverage of Goodyear Tire with a Hold rating and $10 price target. Goodyear has made progress at "righting the ship" since announcing its "Forward" restructuring program, but uncertainty remains, "suggesting a true turnaround could take longer than initially expected," the analyst tells investors in a research note. The firm says Goodyear's Forward strategy is still in the early innings.