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The latest update is out from GoodYear Tire ( (GT) ).
On October 31, 2025, Goodyear completed the sale of its polymer chemical business to G-3 Chickadee Purchaser, LLC for $650 million, receiving $580 million in cash after adjustments. This sale is part of Goodyear’s strategic divestitures, which also included the Off-the-Road tire business and the Dunlop brand earlier in the year, aimed at reducing the company’s debt. The transaction involves the sale of chemical plants in Texas and a research facility in Ohio, along with several commercial agreements ensuring continued supply and intellectual property licensing. Despite a challenging global trade environment, Goodyear reported a third-quarter net sales of $4.6 billion, with a net loss of $2.2 billion due to significant non-cash charges. However, the Goodyear Forward initiative contributed $185 million in benefits, and the company expects further earnings acceleration.
The most recent analyst rating on (GT) stock is a Hold with a $7.50 price target. To see the full list of analyst forecasts on GoodYear Tire stock, see the GT Stock Forecast page.
Spark’s Take on GT Stock
According to Spark, TipRanks’ AI Analyst, GT is a Neutral.
GoodYear Tire’s overall stock score reflects financial challenges and weak technical indicators, despite a favorable valuation. The company’s high leverage and negative cash flow are significant concerns, while the stock’s undervaluation offers some upside potential. Strategic initiatives may stabilize future performance, but near-term headwinds persist.
To see Spark’s full report on GT stock, click here.
More about GoodYear Tire
The Goodyear Tire & Rubber Company is a prominent player in the tire manufacturing industry, known for its production of tires and related products. The company focuses on delivering high-quality tire solutions and has a significant presence in the global market.
Average Trading Volume: 8,551,487
Technical Sentiment Signal: Sell
Current Market Cap: $1.97B
See more data about GT stock on TipRanks’ Stock Analysis page.