JPMorgan cuts target for Goodyear stock from USD 10.00 to USD 9.00

Published on 10/27/2026 at 22:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan kept an Overweight rating on October 2, 2026. Goodyear stock costs EUR 3.95 at Lang & Schwarz on October 27, 2026 at 10:06 p.m. CEST.

Analyst target and reporting date

JPMorgan cut its Goodyear target from USD 10.00 to USD 9.00 on October 2, 2026.
Goodyear reported USD 4.25 billion in second-quarter 2026 revenue, down 4.80 percent year over year.
Goodyear stock costs EUR 3.95 at Lang & Schwarz on October 27, 2026 at 10:06 p.m. CEST.
Third-quarter 2026 results are scheduled for November 4, 2026.

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JPMorgan cut its price target for Goodyear from USD 10.00 to USD 9.00 and kept an Overweight rating in a report dated October 2, 2026, as MarketBeat reported. At Lang & Schwarz, Goodyear stock was trading at EUR 3.95 on October 27, 2026 at 10:06 p.m. CEST.

Target cut meets weak earnings

The target revision leaves the analyst view materially above the latest U.S. quotation, but it also underlines the gap between a potential turnaround and current earnings pressure. MarketBeat reported that Goodyear posted an adjusted loss of USD 0.61 per share for the second quarter of 2026, compared with a consensus loss of USD 0.63.

The same report put second-quarter 2026 revenue at USD 4.25 billion, down 4.80 percent from the prior-year quarter but above the USD 4.19 billion analyst estimate. That combination matters: revenue beat expectations while the business remained loss-making.

Results date sets the next test

Goodyear said on October 20, 2026 that it will release third-quarter 2026 results after the market closes on November 4, followed by a conference call on November 5 at 8:30 a.m. Eastern time, according to the company's Goodyear release. The report will give investors a fresh reading on volume, price and mix, and the effect of cost-reduction measures.

Price position and valuation

The U.S. quotation was last at USD 4.39 on Nasdaq on October 27, 2026 at 4:00 p.m. EDT, with after-hours trading continuing afterward. The 52-week range was USD 4.09 to USD 10.62, while market capitalization stood at USD 1.3 billion on October 27, 2026.

Goodyear's latest quarterly figures point to a difficult operating backdrop. Revenue declined year over year, and net income attributable to common shareholders was a loss of USD 204.0 million in the second quarter of 2026. Operating profit was a loss of USD 73.0 million in the same period.

What comes next for margins?

The November report will determine whether the revenue decline is stabilizing and whether cost actions can offset weaker tire volumes. For investors, the key comparison is between the USD 4.25 billion second-quarter revenue base and the next quarter's sales, together with the USD 9.00 JPMorgan target and the still-negative second-quarter result.

Trading remains below the annual high

Goodyear's euro quotation remained close to its recent Lang & Schwarz level late on October 27, 2026. The primary Nasdaq price and the German euro quotation are separate market references, so the target is discussed in USD while the article's live price is stated in EUR.

The further course of trading is shown by the continuously updated real-time quote of Goodyear stock.