Carpenter Technology Corporation (CRS)
NYSE: CRS · Real-Time Price · USD
183.81
-2.37 (-1.27%)
At close: Mar 21, 2025, 4:00 PM
183.78
-0.03 (-0.02%)
After-hours: Mar 21, 2025, 7:15 PM EST

Carpenter Technology Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for Carpenter Technology stock have an average target of 156.33, with a low estimate of 89 and a high estimate of 240. The average target predicts a decrease of -14.95% from the current stock price of 183.81.

Analyst Consensus: Buy
Target Low Average Median High
Price $89 $156.33 $165 $240
Change -51.58% -14.95% -10.23% +30.57%
* Price targets were last updated on Feb 19, 2025.

Analyst Ratings

The average analyst rating for Carpenter Technology stock from 6 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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 444444
Buy 011111
Hold 000000
Sell 000000
Strong Sell 111111
Total 566666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Buy
Maintains
$235$240
Buy Maintains $235$240 +30.57% Feb 19, 2025
JP Morgan
JP Morgan
Buy
Maintains
$220$235
Buy Maintains $220$235 +27.85% Jan 27, 2025
JP Morgan
JP Morgan
Buy
Initiates
$220
Buy Initiates $220 +19.69% Nov 22, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$175
Strong Buy Reiterates $175 -4.79% Oct 25, 2024
BTIG
BTIG
Strong Buy
Maintains
$120$165
Strong Buy Maintains $120$165 -10.23% Jul 30, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.98B
from 2.76B
Increased by 7.84%
Revenue Next Year
3.23B
from 2.98B
Increased by 8.47%
EPS This Year
7.23
from 3.70
Increased by 95.31%
EPS Next Year
8.76
from 7.23
Increased by 21.29%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 30, 2020 Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
2.18B1.48B1.84B2.55B2.76B2.98B3.23B3.53B
Revenue Growth
-8.36%-32.35%24.44%38.88%8.21%7.84%8.47%9.42%
EPS
0.02-4.76-1.011.143.707.238.7610.89
EPS Growth
-99.42%---224.56%95.31%21.29%24.30%
Forward PE
-----25.4420.9716.87
No. Analysts -----984
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 3.1B 3.4B 3.7B
Avg 3.0B 3.2B 3.5B
Low 2.8B 2.9B 3.4B

Revenue Growth

Revenue Growth 20252026202720282029
High
13.9%
15.6%
15.6%
Avg
7.8%
8.5%
9.4%
Low
3.2%
-1.7%
3.8%

EPS Forecast

EPS 20252026202720282029
High 7.58 9.79 12.12
Avg 7.23 8.76 10.89
Low 6.91 7.99 9.56

EPS Growth

EPS Growth 20252026202720282029
High
104.9%
35.4%
38.2%
Avg
95.3%
21.3%
24.3%
Low
86.7%
10.5%
9.0%
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.