Carrier Global Corporation (CARR)
NYSE: CARR · IEX Real-Time Price · USD
58.13
+0.45 (0.78%)
Mar 28, 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 56.87, with a low estimate of 46 and a high estimate of 68. The average target predicts a decrease of -2.17% from the current stock price of 58.13.

Analyst Consensus: Hold
Target Low Average Median High
Price $46 $56.87 $57 $68
Change -20.87% -2.17% -1.94% +16.98%
* Price targets were last updated on Feb 7, 2024.

Analyst Ratings

The average analyst rating for Carrier Global stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 221111
Buy 666654
Hold 887777
Sell 333333
Strong Sell 000000
Total 191917171615

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Buy
Maintains
$63$60
Buy Maintains $63$60 +3.22% Feb 7, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$63$57
Hold Maintains $63$57 -1.94% Feb 7, 2024
Wells Fargo
Wells Fargo
Hold
Maintains
$50$63
Hold Maintains $50$63 +8.38% Dec 19, 2023
Citigroup
Citigroup
Hold
Maintains
$52$56
Hold Maintains $52$56 -3.66% Dec 11, 2023
RBC Capital
RBC Capital
Buy
Reiterates
$59
Buy Reiterates $59 +1.50% Dec 4, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
26.93B
from 22.10B
Increased by 21.86%
Revenue Next Year
26.64B
from 26.93B
Decreased by -1.05%
EPS This Year
2.89
from 1.58
Increased by 82.67%
EPS Next Year
3.14
from 2.89
Increased by 8.82%
Year 201920202021202220232024202520262027
Revenue
18.61B17.46B20.61B20.42B22.10B26.93B26.64B27.60B27.96B
Revenue Growth
-1.62%-6.19%18.09%-0.93%8.21%21.86%-1.05%3.58%1.30%
EPS
2.442.251.874.101.582.893.143.533.75
EPS Growth
-22.78%-7.79%-16.89%119.25%-61.46%82.67%8.82%12.33%6.39%
No. Analysts -----2623113
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 28.3B 29.8B 31.4B 28.8B
Avg 26.9B 26.6B 27.6B 28.0B
Low 25.1B 23.7B 24.3B 26.9B

Revenue Growth

Revenue Growth 2024202520262027
High
28.2%
10.7%
17.8%
4.3%
Avg
21.9%
-1.1%
3.6%
1.3%
Low
13.8%
-12.1%
-8.7%
-2.7%

EPS Forecast

EPS 2024202520262027
High 3.02 3.47 3.75 3.86
Avg 2.89 3.14 3.53 3.75
Low 2.65 2.79 3.24 3.61

EPS Growth

EPS Growth 2024202520262027
High
90.9%
20.1%
19.3%
9.5%
Avg
82.7%
8.8%
12.3%
6.4%
Low
67.5%
-3.2%
3.3%
2.2%
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.