Why The Goodyear Tire & Rubber Company’s (GT) Stock Is Down 6.27%

By Cynthia McLaughlin
May 08, 2026
Featured Tickers:
GT

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate The Goodyear Tire & Rubber Company before investing.

In this article, we go over a few key elements for understanding The Goodyear Tire & Rubber Company’s stock price such as:

  • The Goodyear Tire & Rubber Company’s current stock price and volume
  • Why The Goodyear Tire & Rubber Company’s stock price changed recently
  • Upgrades and downgrades for GT from analysts
  • GT’s stock price momentum as measured by its relative strength

About The Goodyear Tire & Rubber Company (GT)

Before we jump into The Goodyear Tire & Rubber Company’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, farm implements, and other applications under the Goodyear, Cooper, Kelly, Mastercraft, Roadmaster, Debica, Sava, Fulda, Mickey Thompson, Avon, and Remington brands, as well as various house brands and private-label brands. It also provides retread truck and aviation tires; miscellaneous other products and services; automotive maintenance and repair services under the Goodyear or Just Tires names; and new tires, retreads, mechanical service, preventive maintenance, and roadside assistance to trucking fleets, as well as manufactures and sells tread rubber and other tire retreading materials. In addition, the company operates approximately 750 retail outlets, which offer products for sale to consumer and commercial customers, as well as repair and other services. Further, it sells its products and installation services online through its websites, www.goodyear.com for consumer tires and www.goodyeartrucktires.com for commercial tires; and automotive repair and maintenance items, automotive equipment and accessories, and other items to dealers and consumers. The company sells its products through a network of independent dealers, regional distributors, retail outlets, and retailers. The Goodyear Tire & Rubber Company was incorporated in 1898 and is headquartered in Akron, Ohio.

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The Goodyear Tire & Rubber Company’s Stock Price as of Market Close

As of May 08, 2026, 10:47 AM, CST, The Goodyear Tire & Rubber Company’s stock price was $6.790.

The Goodyear Tire & Rubber Company is down 1.02% from its previous closing price of $6.860.

During the last market session, The Goodyear Tire & Rubber Company’s stock traded between $6.740 and $6.900. Currently, there are approximately 288.00 million shares outstanding for The Goodyear Tire & Rubber Company.

The Goodyear Tire & Rubber Company’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

The Goodyear Tire & Rubber Company Stock Price History

The Goodyear Tire & Rubber Company’s (GT) price is currently down 4.1% so far this month.

During the month of May, The Goodyear Tire & Rubber Company’s stock price has reached a high of $7.480 and a low of $6.570.

Over the last year, The Goodyear Tire & Rubber Company has hit prices as high as $12.030 and as low as $6.140. Year to date, The Goodyear Tire & Rubber Company’s stock is down 22.49%.

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What Caused The Goodyear Tire & Rubber Company Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 07, 2026, there were 2 analysts who downgraded The Goodyear Tire & Rubber Company’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate The Goodyear Tire & Rubber Company’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on The Goodyear Tire & Rubber Company’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

The Goodyear Tire & Rubber Company’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about The Goodyear Tire & Rubber Company (GT) by visiting AAII Stock Evaluator.

Relative Price Strength of The Goodyear Tire & Rubber Company

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 07, 2026, The Goodyear Tire & Rubber Company has a weighted four-quarter relative price strength of -18.50%, which translates to a Momentum Score of 11 and is considered to be Very Weak.

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The Goodyear Tire & Rubber Company Stock Price: Bottom Line

As of May 8, 2026, The Goodyear Tire & Rubber Company’s stock price is $6.790, which is down 1.02% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like The Goodyear Tire & Rubber Company stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

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