Goodyear Tire & Rubber

Goodyear extended its 'Goodyear Forward' turnaround after missing key targets, with CEO Mark Stewart still targeting a 10% operating margin and meaningful cash flow. The company reported a $453 million net loss in H1 while generating $131 million in operating income and carrying over $7 billion of debt. Capital expenditures will be cut to about $725 million this year to prioritize debt reduction and refinancing, but tariffs, high input costs and cheap Chinese imports continue to pressure margins and raise execution risk. » More on finance.yahoo.com

Goodyear reported Q2 revenue of $4.3 billion (expectation $4.12 billion) and an adjusted loss per share of $0.61, in line with estimates. The stock fell 3.6% after-hours to $6.69 as investors focused on ongoing losses, expected cash burn and a cautious 2026 outlook. The company confirmed an operating segment result of about $600 million for 2026, plans to close the Fayetteville plant and expects a free cash flow outflow of $200–300 million in 2026. Goodyear also plans to issue roughly $1 billion of senior notes to refinance 2027 maturities and sees slight improvements in volume and mix in the second half of the year. » More on de.investing.com

Goodyear shares fell to a 52-week low of $6.13, down about 43.9% year‑on‑year and 25.7% year‑to‑date. Market capitalization is roughly $1.77 billion, with the stock pressured by worries over a gross profit margin of 18.6% and industry and market volatility. For Q1 2026, Goodyear reported EPS of -$0.39 (better than the expected -$0.42) and revenue of $3.88 billion (above forecasts); nonetheless company and market issues led to share declines. Deutsche Bank cut its recommendation to hold and lowered the price target from $9 to $7, citing rising commodity cost pressure and limited ability to pass on costs. » More on de.investing.com