Garrett Motion Inc. (GTX) Gains 6% in Pre-market: Following $250 Million Repurchase Program Announcement

Garrett Motion Inc. (GTX) Gains 6% in Pre-market: Following 0 Million Repurchase Program Announcement

Summary

• Garrett Motion Inc. (GTX) shares rose 6% in pre-market trading to $17.87 following a $250 million share repurchase program announcement.
• The program aims to enhance shareholder value, reflecting the company’s confidence after a positive earnings surprise in the latest quarter.
• Analysts maintain a “Hold” rating, with a price target increase from $18 to $22, indicating tempered expectations despite recent stock performance improvements.

Garrett Motion Inc. (GTX) is trading at $17.87 in pre-market, reflecting a 6% increase from its last close of $16.85. This price action comes in the aftermath of the company announcing a substantial share repurchase program aimed at reinforcing its financial standing.

Share Repurchase Program Sparks Interest

On December 3, 2025, Garrett Motion announced that its Board of Directors approved a new share repurchase program, which allows the company to repurchase up to $250 million of its outstanding common stock over the upcoming calendar year. This initiative is designed to enhance shareholder value and reflects the company’s confidence in its future growth potential.

The repurchase program follows a positive trend in Garrett Motion’s financial performance, with the company reporting a significant earnings surprise in its latest quarter. For the most recent earnings report, Garrett realized an actual earnings per share (EPS) of $0.42 against an estimate of $0.37, demonstrating a 13% surprise.

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Analyst Sentiment and Stock Performance Overview

Currently, analysts maintain a “Hold” rating on Garrett Motion, indicating tempered expectations despite the positive movements in stock price. Notably, BWS Financial’s analyst Hamed Khorsand reasserted a price target increase from $18 to $22, maintaining a “Buy” rating as of December 12, 2025, indicating optimism over medium-term performance.

Over the past quarter, Garrett’s stock has shown significant advancements, achieving a quarterly performance of 28%, and an impressive annual return of approximately 80.8% year-to-date. Aspectually, the stock reflects strong trading momentum, coupled with an average volume of around 2.3 million over the last 10 days.

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Market and Technical Picture

Garrett Motion’s technical indicators also support the stock’s current upward trajectory. With an RSI of 57.12, the stock is hovering near neutral territory, suggesting room for further upside. The 20-day simple moving average (SMA) shows a deviation of 1.79%, while the stock is significantly lower than its 52-week high, indicating potential for recovery against historical peaks.

This stock also features a healthy average daily trading volume of 2,575 shares as of pre-market, suggesting robust investor interest as the company approaches the implementation of its share repurchase strategy.

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Closing Thoughts

With the latest repurchase program announcement contributing to the uptick in stock price, investors remain focused on how this initiative will shape Garrett Motion’s market positioning moving forward. The stock appears well-positioned amid solid financial metrics and analyst backing as it navigates towards the new fiscal period. The market will undoubtedly be watching closely to see how the momentum maintains in upcoming sessions.