Carel Industries Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Carel Industries stock has a consensus rating of "Buy" and an average price target of €32.71. The average 1-year stock price forecast is 8.85% higher than the current stock price, while the lowest is €27.60 (-8.15%) and the highest is €35.00 (+16.47%).

Price Target: €32.71 (+8.85%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	€27.60	€32.71	€34.00	€35.00
Change	-8.15%	+8.85%	+13.14%	+16.47%

* Price targets were last updated on May 15, 2026.

Analyst Ratings

The average analyst rating for Carel Industries stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	1	1	2	3	4	4
Buy	2	2	2	2	3	2
Hold	4	4	3	2	0	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Natasha Brilliant UBS	UBS	Buy Maintains €28.00 → €33.40	Buy	Maintains	€28.00 → €33.40	+11.15%	May 15, 2026
Alessandro Tortora Mediobanca	Mediobanca	Buy Maintains €26.00 → €34.00	Buy	Maintains	€26.00 → €34.00	+13.14%	May 15, 2026
Niccolo Guido Storer Kepler Capital	Kepler Capital	Buy Maintains €27.60	Buy	Maintains	€27.60	-8.15%	Mar 11, 2026

Financial Forecast

Revenue This Year

708.58M

from 629.03M

12.65%

from 629.03M

Revenue Next Year

782.37M

from 708.58M

10.41%

from 708.58M

EPS This Year

0.71

from 0.65

9.97%

from 0.65

EPS Next Year

0.83

from 0.71

15.86%

from 0.71

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	420.42M	544.85M	650.25M	578.54M	629.03M	708.58M
Revenue Growth	26.78%	29.60%	19.34%	-11.03%	8.73%	12.65%
Gross Profit	183.13M	230.86M	291.46M	271.54M	304.99M	429.40M
Gross Margin	43.56%	42.37%	44.82%	46.94%	48.49%	60.60%
Operating Income	60.98M	87.30M	104.40M	66.56M	81.93M	104.70M
Net Income	49.06M	62.12M	70.94M	62.64M	73.64M	77.43M
EPS	-	-	-	-	0.65	0.71
EPS Growth	-	-	-	-	16.07%	9.97%
Forward PE	50.67	30.54	31.80	33.16	38.97	42.04
Dividend / Share	0.15	0.18	0.19	0.17	0.20	0.23
Dividend Growth	-	20.00%	5.56%	-13.16%	18.18%	15.44%
Free Cash Flow	18.86M	14.98M	117.18M	-1.10M	111.22M	51.73M
FFO	-	-	-	-	-	103.00M
No. Analysts	-	-	-	-	-	7

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue	2026	2027	2028
High	731.2M
Avg	708.6M
Low	683.2M

Revenue Growth

Revenue Growth	2026	2027	2028
High	16.2%
Avg	12.6%
Low	8.6%

EPS Forecast

EPS	2026	2027	2028
High	0.77
Avg	0.71
Low	0.63

EPS Growth

EPS Growth	2026	2027	2028
High	18.8%
Avg	10.0%
Low	-3.6%