Carrier Global Corporation (CARR)
NYSE: CARR · IEX Real-Time Price · USD
66.28
+1.05 (1.61%)
May 20, 2024, 12:37 PM EDT - Market open
Carrier Global Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Carrier Global stock have an average target of 62.71, with a low estimate of 53 and a high estimate of 79. The average target predicts a decrease of -5.39% from the current stock price of 66.28.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Carrier Global stock from 14 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 6 | 6 | 5 | 5 | 3 | 3 |
| Hold | 7 | 7 | 7 | 7 | 5 | 6 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 16 | 16 | 13 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $60 → $64 | Hold | Maintains | $60 → $64 | -3.44% | May 3, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $66 → $70 | Strong Buy | Maintains | $66 → $70 | +5.61% | Apr 29, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $59 → $66 | Hold | Maintains | $59 → $66 | -0.42% | Apr 26, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $63 → $64 | Buy | Maintains | $63 → $64 | -3.44% | Apr 26, 2024 |
| Barclays | Barclays | Buy Maintains $78 → $79 | Buy | Maintains | $78 → $79 | +19.19% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
26.76B
from 22.10B
Increased by 21.09%
Revenue Next Year
26.50B
from 26.76B
Decreased by -0.96%
EPS This Year
2.89
from 1.58
Increased by 83.12%
EPS Next Year
3.15
from 2.89
Increased by 8.76%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.3B | 29.8B | 31.4B | 31.6B | 33.7B |
| Avg | 26.8B | 26.5B | 27.5B | 30.7B | 32.7B |
| Low | 22.7B | 23.5B | 24.3B | 29.5B | 31.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.2% | 11.4% | 18.4% | 14.9% | 9.5% |
| Avg | 21.1% | -1.0% | 3.9% | 11.6% | 6.4% |
| Low | 2.5% | -12.4% | -8.2% | 7.3% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.10 | 3.47 | 3.77 | 4.05 | 4.16 |
| Avg | 2.89 | 3.15 | 3.53 | 3.94 | 4.04 |
| Low | 2.65 | 2.79 | 3.24 | 3.78 | 3.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 96.0% | 19.8% | 19.8% | 14.9% | 5.6% |
| Avg | 83.1% | 8.8% | 12.1% | 11.6% | 2.6% |
| Low | 67.5% | -3.5% | 3.1% | 7.2% | -1.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.