Did Walmart’s Aggressive Promotion and Greenvale’s Exit Just Shift Goodyear’s (GT) Investment Narrative?

Simplywall
2025.11.20 14:50
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Walmart's early Black Friday promotion offers $30 off Goodyear tires, potentially boosting short-term sales. Meanwhile, Greenvale Capital sold over 10 million Goodyear shares due to restructuring losses. Despite the promotion, Goodyear faces significant financial pressures, including a Q3 net loss of $2,195 million and rising production costs. The company's outlook projects $18.3 billion in revenue and $405.2 million in earnings by 2028, with a fair value estimate of $9.58 per share, a 23% upside to its current price.