This technology could replace computers: discover 28 stocks that are working to make quantum computing a reality.
To invest in Goodyear Tire & Rubber, you need to believe the company can leverage its premium tire offerings, digital fleet solutions, and scale to outperform rising competition and offset high input costs. The expansion of its Tires-as-a-Service (TaaS) model with Veolia strengthens Goodyear’s positioning in technology-driven fleet management, but this news is not likely to alter the most important near-term catalyst: stabilizing commercial tire demand, nor the key near-term risk, margin pressure from tariff costs and low-cost imports.
Among recent company developments, Goodyear’s TaaS rollout with Veolia stands out for its direct relevance to Goodyear’s efforts to grow share in the commercial segment by adding value through analytics and service networks. While innovative, these moves occur against a broader backdrop where weak commercial volumes and cost pressures remain unresolved catalysts for the sector’s future performance.
Yet, against the promise of new technology and premium offerings, investors should also be mindful that intensifying competition from low-cost imports continues to pose a risk that ...
Read the full narrative on Goodyear Tire & Rubber (it's free!)
Goodyear Tire & Rubber's outlook forecasts $18.3 billion in revenue and $405.2 million in earnings by 2028. This projection assumes revenues will decrease at a rate of 0.4% per year, with earnings expected to decline by $23.8 million from the current $429.0 million.
Uncover how Goodyear Tire & Rubber's forecasts yield a $9.46 fair value, a 9% upside to its current price.
Six Simply Wall St Community fair value estimates for Goodyear range from US$6.94 to over US$1,238. With commercial tire demand as a key catalyst, your view on sector recovery may set you apart from other investors.
Explore 6 other fair value estimates on Goodyear Tire & Rubber - why the stock might be worth 20% less than the current price!
Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.
Our daily scans reveal stocks with breakout potential. Don't miss this chance:
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com