Carpenter Technology Corporation (CRS)
NYSE: CRS · Real-Time Price · USD
483.60
-9.02 (-1.83%)
At close: Jun 5, 2026, 4:00 PM EDT
482.99
-0.61 (-0.13%)
After-hours: Jun 5, 2026, 7:45 PM EDT
Carpenter Technology Stock Forecast
Stock Price Forecast
According to 9 analysts polled by S&P Global, Carpenter Technology stock has a consensus rating of "Strong Buy" and an average price target of $459.5. The average 1-year stock price forecast is 4.98% lower than the current stock price, while the lowest is $400 (-17.29%) and the highest is $500 (+3.39%).
Price Target: $459.5 (-4.98%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 7 | 7 | 7 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Buy Reiterates $450 → $470 | Buy | Reiterates | $450 → $470 | -2.81% | May 22, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains $470 | Buy | Maintains | $470 | -2.81% | May 18, 2026 |
| KeyBanc | KeyBanc | Buy Reiterates $453 → $459 | Buy | Reiterates | $453 → $459 | -5.09% | May 4, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $400 → $425 | Hold | Maintains | $400 → $425 | -12.12% | May 1, 2026 |
| Deutsche Bank | Deutsche Bank | Buy Maintains $495 → $500 | Buy | Maintains | $495 → $500 | +3.39% | Apr 30, 2026 |
Financial Forecast
Revenue This Year
3.13B
from 2.88B
Increased by 8.85%
Revenue Next Year
3.47B
from 3.13B
Increased by 10.89%
EPS This Year
10.57
from 7.48
Increased by 41.31%
EPS Next Year
12.63
from 10.57
Increased by 19.51%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 3.1B | ||
| Avg | 3.1B | ||
| Low | 3.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 9.5% | ||
| Avg | 8.9% | ||
| Low | 8.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 10.57 | ||
| Low | - |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | ||
| Avg | 41.3% | ||
| Low | - |