$GT

Goodyear Tire & Rubber Co. will release its Q3 2026 financial results on Nov. 4 after market close, with a conference call on Nov. 5. The company operates 48 facilities globally and employs 60,000 people.

The Goodyear Tire & Rubber Company's average stock price target was reduced by analysts from $7.2 to $6.73, with a range of $4.4 to $9. This implies a 57% upside from the Oct. 16 closing price. The consensus rating is now 'Hold' among 9 analysts, with 3 Buys, 5 Holds, and 1 Sell.

U.S. Energy Information Administration data shows gasoline, diesel, and jet fuel refining margins increased significantly in Q3. Diesel inventories are 13% below their five-year average, impacting delivery costs. The U.S. Tire Manufacturers Association projects declines in tire shipments by 2026. Goodyear notes that commodity-price changes take time to affect its financial results.

Goodyear Tire & Rubber (GT) elected Joe Hinrichs as chairman of its Board of Directors, effective October 7, 2026. Hinrichs, who joined the board in 2023, will also chair the Governance and Executive Committees. He replaces Laurette Koellner, who will retire in 2027. Hinrichs previously held leadership roles at Ford and CSX. Goodyear employs 60,000 people and operates in 19 countries.

Goodyear will close its chemical plants in Niagara Falls, NY, and Bayport, TX, by 2027, cutting 85 jobs and incurring $55M-$75M in pre-tax charges. The move aims to boost annual operating income by $15M-$20M starting 2027. The company sold most of its chemical business last year but retained these plants. Environmental regulations and costs influenced the decision.

U.S. producer-price data shows tire manufacturing index up 1.2% in August 2026, with manufacturers like Goodyear, Pirelli, Maxxis, and Forlander raising prices. Increases vary by brand and type, driven by rising raw material and energy costs, including impacts from the Middle East conflict. Consumer Reports advises drivers to choose tires based on driving conditions and consider hidden costs.

Goodyear Tire & Rubber (GT) saw a leadership change in its finance department, with Margaret V. Snyder resigning and Stephen F. Shamrock taking over. The stock has fallen 22.1% in the past 30 days and 45.7% year-to-date, closing at $4.84. Analysts debate whether the company is undervalued at its current price, with a fair value estimate of $10.50. The company's turnaround prospects and debt management are key concerns for investors.

Goodyear (GT) will close chemical plants in Niagara Falls and Bayport, cutting 85 jobs. The company is exiting the chemical business after selling most of its polymer operations.

GOODYEAR TIRE & RUBBER CO /OH/ (GT) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 25, 2026, Margaret V. Snyder, Vice President and Controller of The Goodyear Tire & Rubber Company (the “Compan

Goodyear and Lockheed Martin are collaborating to develop lunar vehicle tyres for extreme temperatures and low gravity. Goodyear's airless tyre technology will be used, and the companies aim to support NASA's 2025 Artemis mission. The partnership also includes MDA of Canada for robotic arm technology.