Carpenter Technology Corporation (CRS)
NYSE: CRS · Real-Time Price · USD
395.80
+8.69 (2.24%)
At close: Mar 9, 2026, 4:00 PM EDT
394.00
-1.80 (-0.45%)
After-hours: Mar 9, 2026, 7:56 PM EDT
Carpenter Technology Stock Forecast
Stock Price Forecast
The 6 analysts that cover Carpenter Technology stock have a consensus rating of "Strong Buy" and an average price target of $393.17, which forecasts a -0.66% decrease in the stock price over the next year. The lowest target is $340 and the highest is $470.
Price Target: $393.17 (-0.66%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Carpenter Technology stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Oct '25 | Nov '25 | Dec '25 | Jan '26 | Feb '26 | Mar '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 2 | 2 | 2 | 2 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 5 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Buy Initiates $470 | Buy | Initiates | $470 | +18.75% | Mar 3, 2026 |
| JP Morgan | JP Morgan | Buy Maintains $388 → $394 | Buy | Maintains | $388 → $394 | -0.45% | Jan 30, 2026 |
| BTIG | BTIG | Strong Buy Maintains $365 → $375 | Strong Buy | Maintains | $365 → $375 | -5.26% | Jan 30, 2026 |
| Keybanc | Keybanc | Hold → Buy Upgrades $380 | Hold → Buy | Upgrades | $380 | -3.99% | Nov 13, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $305 → $388 | Buy | Maintains | $305 → $388 | -1.97% | Oct 29, 2025 |
Financial Forecast
Revenue This Year
3.14B
from 2.88B
Increased by 9.28%
Revenue Next Year
3.47B
from 3.14B
Increased by 10.46%
EPS This Year
10.42
from 7.42
Increased by 40.47%
EPS Next Year
12.07
from 10.42
Increased by 15.77%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 3.4B | 3.8B | |||
| Avg | 3.1B | 3.5B | |||
| Low | 3.0B | 3.2B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 16.9% | 20.2% | |||
| Avg | 9.3% | 10.5% | |||
| Low | 4.5% | 3.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 10.90 | 13.28 | |||
| Avg | 10.42 | 12.07 | |||
| Low | 9.99 | 10.75 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 46.9% | 27.4% | |||
| Avg | 40.5% | 15.8% | |||
| Low | 34.6% | 3.1% |
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.