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NASDAQ:GTX News 23 October 2025

Garrett Motion Stock Skyrockets on Turbocharged Q3 Beat and EV Tech Push

Garrett Motion Stock Skyrockets on Turbocharged Q3 Beat and EV Tech Push

Key Facts: GTX stock closed near $12.50 on Oct 22, 2025 and then surged about 20% to roughly $15 on Oct 23, hitting a 52-week high reuters.com stockanalysis.com. The jump followed a 9% jump in Q3 sales ($902M vs. $826M a year ago) and EPS of $0.38 (vs. $0.32 expected) investing.com. Garrett raised its 2025 outlook, approved a 33% dividend hike to $0.08/share, and repurchased $84M in stock investing.com. Analysts are largely bullish: consensus is a “Strong Buy” with an average 12‑month target around $16–$17 nasdaq.com stockanalysis.com. Industry observers note Garrett’s focus on turbocharging and electrified boosting tech could keep
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