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Garrett Motion Inc. (NASDAQ:GTX) is one of the 10 Stocks Delivering Eye-Popping Gains.

Garrett Motion soared to a fresh all-time high on Thursday, as investors took heart from the company’s strong earnings performance in the first quarter of the year, and a higher growth outlook for the full-year period.

At intra-day trade, the stock climbed to its highest price of $25.77 before paring gains to finish the session just up by 24.99 percent at $25.61 apiece.

Photo by RDNE Stock Project on Pexels

In an updated report, Garrett Motion Inc. (NASDAQ:GTX) said that it grew its net income by 53 percent to $95 million from $62 million in the same period last year, primarily driven by a $17 million jump in gross profits and a $7 million higher non-operating income.

Net sales grew by 12 percent to $985 million from $878 million year-on-year, driven by strong demand from commercial vehicle off-highway and industrial, supported by a higher share in passenger vehicles.

Encouraged by the results, Garrett Motion Inc. (NASDAQ:GTX) raised its GAAP net income forecast to a range of $300 million to $360 million, from $295 million to $335 million previously.

It also upgraded the upper end of its net sales growth guidance to $3.9 billion from $3.8 billion, while the lower end was maintained at $3.6 billion.

In other news, Garrett Motion Inc. (NASDAQ:GTX) announced the distribution of $0.08 in dividends to all shareholders on record as of June 1, 2026, payable on June 15.

While we acknowledge the potential of GTX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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