Goodyear Tire & Rubber Company (GT)

In the past six months, Goodyear's stock has been volatile, with a price of $6.50 as of May 8, 2026, and a 52-week range of $6.14 to $12.03. The company reported a net loss of $249 million for Q1 2026, a downturn from the previous year, with net sales falling by 8.7% and worldwide tire unit shipments declining by 11.6%. Despite beating analyst expectations, the stock fell after the Q1 2026 earnings announcement, leading to lowered price targets. The "Goodyear Forward" transformation plan contributed $107 million in benefits during Q1 2026.

Goodyear's demand exhibits seasonality, with Q1 2026 free cash flow reflecting typical seasonal patterns. Demand for replacement tires is influenced by vehicle mileage, and weak consumer replacement demand has impacted recent sales, particularly in the Americas and EMEA regions. The company anticipates lower year-over-year volumes in Q2 but expects improvement compared to Q1.

Goodyear Tire & Rubber Co. is a multinational tire manufacturing company headquartered in Akron, Ohio, and one of the world's largest tire companies by annual revenue. Its primary business involves the development, manufacture, distribution, and sale of rubber tires for various applications, including vehicles and equipment. The company also produces and markets rubber-related chemicals and operates within the Consumer Cyclical sector and the Auto Parts industry.

Goodyear has a significant global presence with 49 manufacturing facilities across 19 countries and approximately 63,000 employees as of December 31, 2025. Its operations are divided into three regional tire businesses: Americas, Europe, the Middle East, and Africa (EMEA), and Asia Pacific, with the Americas being the largest in terms of revenue. The company also operates Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg.

Goodyear maintains a strong brand reputation as one of the world's largest tire companies with a history of innovation. The company actively promotes its brand through campaigns and the Goodyear Blimp program, which has covered major U.S. sporting events for over 60 years. Despite recent financial challenges, the company emphasizes its commitment to driving value for its brands through differentiated products and services.

Institutional investors hold a substantial majority of Goodyear's common stock, approximately 85% as of July 2025 and around 94% as of Q1 2025. Key institutional shareholders include BlackRock, Inc., Wellington Management Group Llp, and Vanguard Group Inc. Activist investor Elliott Investment Management acquired an approximate 10% economic interest in 2023–2024, influencing board changes and a strategic review. Insider ownership is minimal, around 0.44% as of May 2025.