Citigroup has initiated coverage on Goodyear Tire & Rubber Co (GT) with a Neutral rating, marking the firm's first assessment of the company's investment potential. This decision, made on September 7, 2025, comes as Goodyear operates within the auto components industry, focusing on the development, manufacture, distribution, and sale of tires. The company is headquartered in Akron, Ohio, and employs approximately 68,000 full-time staff.
Goodyear develops and sells tires for a variety of applications, including automobiles, trucks, and aircraft, alongside rubber-related chemicals. The firm operates around 800 retail outlets and 53 manufacturing facilities across 20 countries. As of November 20, 2025, Goodyear's market capitalisation stands at $2.2 billion, with an earnings per share (EPS) of -6.09.
Upcoming earnings reports are scheduled for May 5, 2026, and August 5, 2026, with estimated EPS of $0.11 and $0.08, respectively. Recent performance has shown volatility, with Q3 2025 reporting an EPS of $0.28, exceeding estimates by 69.4%. The analyst consensus indicates a Buy rating, with 6 Strong Buy, 7 Buy, 8 Hold, and 1 Sell ratings from a total of 22 analysts.
Such decisions reflect a broader view of Goodyear's business dynamics and market position, underscoring the importance of considering various factors, including company fundamentals and industry trends, when evaluating investment opportunities.