Goodyear stock price forecast shows sensitivity to crude oil trends

Goodyear stock price forecast shows sensitivity to crude oil trends since oil derivatives are key inputs. Current stable prices could keep manufacturing expenses in check, favoring profit expansion. As you can see, institutional investors have a fair amount of stake in Goodyear Tire & Rubber. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Goodyear Tire & Rubber's earnings history below. Of course, the future is what really matters. The analyst notes that this strategy includes a mix of aggressive cost-cutting measures and go-to-market initiatives aimed at boosting profitability, targeting a total annualized benefit of $1.3 billion by the end of the fourth quarter of 2025. Goodyear stock price forecast highlights possible short-term volatility tied to quarterly earnings. Traders are watching $13.40 as a key breakout point, with RSI signaling a near overbought condition after recent gains.