Deutsche Bank Lowers Goodyear Tire & Rubber Price Target to $9

Analysts cite concerns about the tire manufacturer's outlook

Apr. 16, 2026 at 2:43pm

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A highly detailed, black-and-white close-up image of the gears, levers, and heavy metal components that make up the industrial machinery used in the tire manufacturing process, conveying a sense of the scale and complexity of Goodyear's operations.An extreme close-up of the intricate machinery that powers Goodyear's tire production facilities, reflecting the company's industrial might and engineering expertise.Akron Today

Deutsche Bank Aktiengesellschaft has lowered its price target for Goodyear Tire & Rubber (NASDAQ:GT) from $12.00 to $9.00, while maintaining a 'buy' rating on the stock. The analysts cited a less optimistic outlook for the company in their report.

Why it matters

Goodyear Tire & Rubber is one of the world's largest tire manufacturers, so changes to its stock price target can signal broader trends in the automotive and transportation industries. This downgrade reflects analysts' concerns about the company's near-term performance and profitability.

The details

In their report, the Deutsche Bank analysts lowered Goodyear's price target from $12.00 to $9.00, while keeping a 'buy' rating on the stock. The new $9.00 target price suggests a potential upside of 35.44% from the company's previous closing price. Other analysts have also recently issued mixed reports on Goodyear, with Citigroup lifting its target to $10.00 and Zacks Research cutting its rating to 'hold'.

  • The Deutsche Bank report was released on Thursday, April 16, 2026.

The players

Deutsche Bank Aktiengesellschaft

A major global investment bank that provides research coverage and price targets for Goodyear Tire & Rubber.

Goodyear Tire & Rubber

A leading tire manufacturer based in Akron, Ohio that produces tires for passenger vehicles, commercial trucks, aircraft, and specialty applications.

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What’s next

Investors will be closely watching Goodyear's upcoming earnings report and any further updates from analysts on the company's outlook.

The takeaway

This price target reduction from a major investment bank signals potential challenges ahead for Goodyear Tire & Rubber as the company navigates a shifting automotive landscape and economic conditions.