From Yahoo Finance: 2025-05-06 07:15:00

In 2025, certain automotive companies, including Garrett Motion Inc. (NASDAQ:GTX), have thrived despite high interest rates, as consumers opt to repair existing vehicles rather than buy new ones. Garrett Motion Inc. has seen substantial growth due to its expansion into electric vehicle technologies, securing a major production award for electric motors. Despite industry challenges, Garrett reported strong Q1 2025 financial results, with net sales of $878 million and a net income of $62 million. The consensus price target for Garrett Motion Inc. (GTX) is $14, implying a 28.91% upside, with the stock already up 21.04% year-to-date.



Read more at Yahoo Finance: Why Garrett Motion Inc. (GTX) Is Surging in 2025