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An update from Garrett Motion ( (GTX) ) is now available.
On May 18, 2026, Garrett Motion Inc. amended its existing credit agreement to reprice its U.S. dollar term loan facility and completed a $50 million early repayment on its $635 million term loan due 2032. The repriced borrowings will now accrue interest at SOFR plus 175 basis points, a 25-basis-point reduction, while soft call protection of 1% on certain repricing transactions was reset for six months, leaving other key credit terms unchanged.
The same day, President and CEO Olivier Rabiller said the repricing underscores lender confidence in Garrett’s long-term strategy and will cut interest expense while bolstering liquidity. Garrett also plans to hold a live Technology and Investor Day on May 20, 2026, to brief investors on its business lines and technologies, signaling continued engagement with capital markets and a focus on highlighting its technology portfolio to stakeholders.
The most recent analyst rating on (GTX) stock is a Buy with a $33.00 price target. To see the full list of analyst forecasts on Garrett Motion stock, see the GTX Stock Forecast page.
Spark’s Take on GTX Stock
According to Spark, TipRanks’ AI Analyst, GTX is a Neutral.
The score is driven most by mixed fundamentals: strong cash generation and solid profitability are offset by persistent negative equity and a sharp TTM revenue decline. Technicals are supportive (strong uptrend) but appear overextended, while valuation is reasonable and the latest earnings call was constructive with raised 2026 guidance tempered by macro uncertainty.
To see Spark’s full report on GTX stock, click here.
More about Garrett Motion
Garrett Motion Inc. is a global leader in differentiated turbocharging and electrification technologies serving mobility and industrial applications. With a 70-year history in the automotive sector and adjacent markets, the company develops turbochargers, fuel cell compressors for hydrogen vehicles, electric propulsion and thermal management systems, supported by six R&D centers, 13 manufacturing facilities and more than 8,700 employees in over 20 countries.
The company’s technologies focus on improving engine efficiency, reducing fuel consumption and CO2 emissions, and enabling next-generation powertrains across cars, trucks, off-highway equipment, marine uses and power generators. Garrett leverages its global footprint and engineering expertise to support automakers and industrial clients seeking advanced solutions for cleaner, more efficient propulsion and energy systems.
Average Trading Volume: 2,442,391
Technical Sentiment Signal: Buy
Current Market Cap: $5.69B
See more data about GTX stock on TipRanks’ Stock Analysis page.