Does Goodyear (GT) Have the Potential to Rally 26.08% as Wall Street Analysts Expect?

Group 1: Stock Performance and Price Targets - Goodyear (GT) closed at $13.46, with a 2% gain over the past four weeks, and a mean price target of $16.97 indicating a 26.1% upside potential [1] - The mean estimate includes six short-term price targets with a standard deviation of $2.61, suggesting variability in analyst expectations; the lowest estimate is $13 (3.4% decline), while the highest is $21 (56% increase) [1] Group 2: Analyst Consensus and Earnings Estimates - Analysts show a consensus that Goodyear will report better earnings than previously estimated, which strengthens the view of potential upside [2] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 10%, with no negative revisions, indicating positive earnings momentum [5] Group 3: Analyst Behavior and Price Target Reliability - Research indicates that price targets often mislead investors, as analysts may set overly optimistic targets due to business incentives [3] - A low standard deviation in price targets indicates high agreement among analysts about the stock's price movement direction, but should not be the sole basis for investment decisions [4]