Carrier Global Corporation (CARR)
NYSE: CARR · IEX Real-Time Price · USD
66.24
-0.81 (-1.21%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Carrier Global Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Carrier Global stock have an average target of 64.8, with a low estimate of 53 and a high estimate of 81. The average target predicts a decrease of -2.17% from the current stock price of 66.24.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Carrier Global stock from 15 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 3 | 3 |
| Buy | 5 | 5 | 3 | 3 | 3 | 4 |
| Hold | 7 | 7 | 5 | 6 | 6 | 5 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 13 | 14 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold → Buy Upgrades $64 → $75 | Hold → Buy | Upgrades | $64 → $75 | +13.22% | Jul 15, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $64 → $71 | Buy | Maintains | $64 → $71 | +7.19% | Jun 27, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $74 | Hold → Strong Buy | Upgrades | $74 | +11.71% | Jun 24, 2024 |
| Barclays | Barclays | Buy Maintains $79 → $81 | Buy | Maintains | $79 → $81 | +22.28% | Jun 14, 2024 |
| Baird | Baird | Hold Maintains $60 → $64 | Hold | Maintains | $60 → $64 | -3.38% | May 3, 2024 |
Financial Forecast
Revenue This Year
26.10B
from 22.10B
Increased by 18.13%
Revenue Next Year
25.53B
from 26.10B
Decreased by -2.20%
EPS This Year
2.92
from 1.58
Increased by 84.62%
EPS Next Year
3.13
from 2.92
Increased by 7.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.6B | 27.9B | 29.0B | 28.5B | 30.4B |
| Avg | 26.1B | 25.5B | 26.8B | 27.7B | 29.5B |
| Low | 22.7B | 22.9B | 24.3B | 26.6B | 28.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.1% | 6.7% | 13.6% | 6.3% | 9.8% |
| Avg | 18.1% | -2.2% | 5.0% | 3.2% | 6.7% |
| Low | 2.5% | -12.1% | -5.0% | -0.8% | 2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.10 | 3.36 | 3.83 | 3.96 | 3.99 |
| Avg | 2.92 | 3.13 | 3.51 | 3.85 | 3.88 |
| Low | 2.74 | 2.84 | 3.28 | 3.69 | 3.72 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 96.0% | 15.2% | 22.5% | 12.9% | 3.8% |
| Avg | 84.6% | 7.2% | 12.1% | 9.7% | 0.8% |
| Low | 73.7% | -2.6% | 5.0% | 5.4% | -3.2% |
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.