Why These 15 Vehicles & Parts Stocks Are Surging In 2025

11. Goodyear Tire & Rubber Co (NASDAQ:GT)

Number of Hedge Fund Holders In Q4 2024: 37

Goodyear Tire & Rubber Co (NASDAQ:GT) is a global mobility company that develops, manufactures, distributes, and markets a wide range of rubber tires and related products.

The company’s stock has performed well in 2025 largely due to its strategic modernization initiatives and product expansion plans. In February 2025, Goodyear announced plans to modernize and add capacity to its Lawton, Oklahoma plant, which will add approximately 10 million units of new capacity for premium tires in 2025 and 2026. This investment is focused on higher rim sizes and additional volume in higher profit, higher margin segments.

Goodyear also revealed plans to introduce five new power lines to markets worldwide and add nearly 200 SKUs in highly profitable segments of the market. These new products will include updates to the WeatherReady, Wrangler, and ultra-high performance Eagle product lines, which are expected to generate returns and greater value at premium prices. CEO Mark Stewart expressed confidence that these additions would build momentum for the second half of 2025 as the new products reach volume in the marketplace.

The company has also taken steps to improve operational efficiency. In January 2025, Goodyear approved a plan to reduce production capacity and costs in the Americas segment, including approximately 850 job reductions at its Danville, Virginia facility. This restructuring is expected to improve Americas segment operating income by approximately $15 million in 2025 and by approximately $65 million thereafter.

The consensus price target of $13.78 implies 25.16% upside.

GT stock is up 22.33% year-to-date.