Carrier Global Corporation (CARR)
NYSE: CARR · Real-Time Price · USD
77.00
+0.99 (1.30%)
Nov 22, 2024, 4:00 PM EST - Market closed

Carrier Global Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Carrier Global stock have an average target of 80.93, with a low estimate of 63 and a high estimate of 94. The average target predicts an increase of 5.10% from the current stock price of 77.00.

Analyst Consensus: Buy
Target Low Average Median High
Price $63 $80.93 $83 $94
Change -18.18% +5.10% +7.79% +22.08%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 332223
Buy 344444
Hold 666788
Sell 322100
Strong Sell 000000
Total 151514141415

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Strong Buy
Upgrades
$94
Strong Buy Upgrades $94 +22.08% Nov 13, 2024
Stephens & Co.
Stephens & Co.
Hold
Maintains
$85$80
Hold Maintains $85$80 +3.90% Oct 28, 2024
Barclays
Barclays
Buy
Maintains
$90$89
Buy Maintains $90$89 +15.58% Oct 25, 2024
RBC Capital
RBC Capital
Buy
Maintains
$91$87
Buy Maintains $91$87 +12.99% Oct 25, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$82$76
Hold Maintains $82$76 -1.30% Oct 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
23.66B
from 22.10B
Increased by 7.08%
Revenue Next Year
23.90B
from 23.66B
Increased by 0.99%
EPS This Year
2.81
from 1.58
Increased by 77.93%
EPS Next Year
3.11
from 2.81
Increased by 10.52%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
18.61B17.46B20.61B20.42B22.10B23.66B23.90B25.06B
Revenue Growth
-1.62%-6.19%18.09%-0.93%8.21%7.08%0.99%4.87%
EPS
2.442.251.874.101.582.813.113.56
EPS Growth
-22.60%-7.89%-16.89%119.25%-61.46%77.93%10.52%14.71%
Forward PE
-----27.3924.7821.61
No. Analysts -----272715
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 26.9B 27.3B 27.5B
Avg 23.7B 23.9B 25.1B
Low 21.3B 22.2B 23.0B

Revenue Growth

Revenue Growth 20242025202620272028
High
21.6%
15.5%
15.2%
Avg
7.1%
1.0%
4.9%
Low
-3.4%
-6.2%
-3.6%

EPS Forecast

EPS 20242025202620272028
High 3.09 3.31 3.88
Avg 2.81 3.11 3.56
Low 2.41 2.89 3.23

EPS Growth

EPS Growth 20242025202620272028
High
95.4%
17.8%
24.9%
Avg
77.9%
10.5%
14.7%
Low
52.6%
2.8%
4.0%
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.