Carpenter Technology Corporation (CRS)
| Market Cap | 21.26B +114.2% |
| Revenue (ttm) | 3.03B +3.7% |
| Net Income | 478.90M +33.9% |
| EPS | 9.50 +34.8% |
| Shares Out | 49.69M |
| PE Ratio | 45.04 |
| Forward PE | 35.33 |
| Dividend | $0.80 (0.19%) |
| Ex-Dividend Date | Apr 28, 2026 |
| Volume | 704,678 |
| Open | 450.99 |
| Previous Close | 445.14 |
| Day's Range | 426.29 - 452.79 |
| 52-Week Range | 204.47 - 475.69 |
| Beta | 1.24 |
| Analysts | Strong Buy |
| Price Target | 442.44 (+3.41%) |
| Earnings Date | Apr 29, 2026 |
About CRS
Carpenter Technology Corporation engages in the manufacture, fabrication, and distribution of specialty metals in the United States, Europe, the Asia Pacific, Mexico, Canada, and internationally. It operates in two segments, Specialty Alloys Operations and Performance Engineered Products. The company offers specialty alloys, including titanium alloys, powder metals, stainless steels, alloy steels, and tool steels, as well as metal powders and parts. It serves the aerospace, defense, medical, transportation, energy, industrial, and consumer mark... [Read more]
Financial Performance
In fiscal year 2025, Carpenter Technology's revenue was $2.88 billion, an increase of 4.25% compared to the previous year's $2.76 billion. Earnings were $375.80 million, an increase of 101.83%.
Financial StatementsAnalyst Summary
According to 9 analysts, the average rating for CRS stock is "Strong Buy." The 12-month stock price target is $442.44, which is an increase of 3.41% from the latest price.
News
Carpenter Technology price target raised to $459 from $453 at KeyBanc
KeyBanc analyst Samuel McKinney raised the firm’s price target on Carpenter Technology (CRS) to $459 from $453 and keeps an Overweight rating on the shares. Post the company’s Q3 results
Carpenter Technology price target raised to $425 from $400 at Wells Fargo
Wells Fargo raised the firm’s price target on Carpenter Technology (CRS) to $425 from $400 to incorporate higher 2028 estimate. The firm keeps an Equal Weight rating on the shares.
Carpenter Technology price target raised to $470 from $465 at JPMorgan
JPMorgan analyst Bennett Moore raised the firm’s price target on Carpenter Technology (CRS) to $470 from $465 and keeps an Overweight rating on the shares.
Carpenter Technology price target raised to $450 from $430 at TD Cowen
TD Cowen analyst Gautam Khanna raised the firm’s price target on Carpenter Technology (CRS) to $450 from $430 and keeps a Buy rating on the shares. The firm said The
Carpenter Technology price target raised to $500 from $495 at Deutsche Bank
Deutsche Bank raised the firm’s price target on Carpenter Technology (CRS) to $500 from $495 and keeps a Buy rating on the shares.
Carpenter Technology price target raised to $450 from $375 at BTIG
BTIG raised the firm’s price target on Carpenter Technology (CRS) to $450 from $375 and keeps a Buy rating on the shares. The firm notes that structures demand continuing to
Carpenter Technology price target raised to $495 from $470 at Susquehanna
Susquehanna raised the firm’s price target on Carpenter Technology (CRS) to $495 from $470 and keeps a Positive rating on the shares. The firm updated its model following Q3 results
Carpenter Technology reports Q3 adjusted EPS $2.77, consensus $2.64
Reports Q3 revenue $811.5M, consensus $797.52M. “The third quarter of fiscal year 2026 represents yet another record setting quarter.” said Tony R. Thene, Chairman and CEO of Carpenter Technology (CRS...
Carpenter Technology Earnings Call Transcript: Q3 2026
Record quarterly results driven by strong Aerospace and Defense demand, margin expansion, and robust cash flow. Raised fiscal 2026 guidance, with continued growth expected in key markets and a strong balance sheet supporting investments and shareholder returns.
Carpenter Technology Reports Third Quarter Fiscal Year 2026 Results
Delivered Another Record Quarterly Operating Income, Up 20 Percent Sequentially Drove Adjusted Operating Margins in Specialty Alloys Operations Segment to Record 35.6 Percent Exceeded Third Quarter Op...
Carpenter Technology price target raised to $465 from $394 at JPMorgan
JPMorgan raised the firm’s price target on Carpenter Technology (CRS) to $465 from $394 and keeps an Overweight rating on the shares as part of a fiscal Q3 report preview.
Carpenter Technology Declares Quarterly Cash Dividend
PHILADELPHIA, April 17, 2026 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share of common ...
See How 12 Huge Inflows Powered Carpenter Technology Higher
Institutions send shares of Carpenter Technology Corporation (CRS) up by 1,695% since 2005.
Carpenter Technology price target raised to $453 from $380 at KeyBanc
KeyBanc raised the firm’s price target on Carpenter Technology (CRS) to $453 from $380 and keeps an Overweight rating on the shares. The firm’s proprietary Q1 Plane Chain survey of
Carpenter Technology Announces Conference Call and Webcast
PHILADELPHIA, April 02, 2026 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) plans to host a conference call and webcast on Wednesday, April 29, 2026 at 10:00 a.m. ET to discuss the r...
Carpenter Technology initiated with an Equal Weight at Wells Fargo
Wells Fargo initiated coverage of Carpenter Technology (CRS) with an Equal Weight rating and $400 price target The firm expects the company’s pricing gains to slow on higher capacity and
Carpenter Technology assumed with an Overweight at KeyBanc
KeyBanc assumed coverage of Carpenter Technology (CRS) with an Overweight rating and $380 price target The firm is refreshing its 2026 outlook on U.S. carbon steel equities post recent due
Carpenter Technology initiated with a Positive at Susquehanna
Susquehanna analyst Charles Minervino initiated coverage of Carpenter Technology (CRS) with a Positive rating and $470 price target Carpenter is a major supplier of highly specialized alloys that oper...
Carpenter Technology initiated with a Positive at Susquehanna
Susquehanna initiated coverage of Carpenter Technology (CRS) with a Positive rating and $470 price target
Carpenter Technology announces Malloy to succeed Thene as CEO
Carpenter Technology (CRS) announced that its Board of Directors has appointed Brian Malloy, currently President & Chief Operating Officer, to serve as Chief Executive Officer effective July 1, 2026. ...
Carpenter Technology Announces CEO Transition Plan: Brian Malloy to Succeed Tony Thene as Chief Executive Officer on July 1, 2026; Tony Thene to Continue as Executive Chairman
PHILADELPHIA, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced that its Board of Directors has appointed Brian Malloy, currently President...
Carpenter Technology price target raised to $375 from $365 at BTIG
BTIG analyst Andre Madrid raised the firm’s price target on Carpenter Technology (CRS) to $375 from $365 and keeps a Buy rating on the shares after its Q2 earnings beat.
Carpenter Technology Earnings Call Transcript: Q2 2026
Record quarterly operating income and margin expansion were driven by strong aerospace demand, higher pricing, and productivity gains. Fiscal 2026 guidance was raised, with continued growth expected in aerospace, defense, and power generation, supported by capacity expansion and robust capital allocation.
Carpenter Technology reports Q2 adjusted EPS $2.33, consensus $2.22
Reports Q2 revenue $728M, consensus $734.31M. “The second quarter of fiscal year 2026 generated $155.2 million of operating income,” said Tony Thene, CEO “The record quarter was an increase of
Carpenter Technology Reports Second Quarter Fiscal Year 2026 Results
Delivered Record Quarterly Operating Income Expanded Operating Margins in Specialty Alloys Operations Segment Exceeded Second Quarter Operating Income Guidance for Specialty Alloys Operations Segment...