Carpenter Technology Corporation (CRS)
NYSE: CRS · Real-Time Price · USD
380.56
+0.83 (0.22%)
At close: Oct 15, 2026, 4:00 PM EDT
389.00
+8.44 (2.22%)
After-hours: Oct 15, 2026, 7:46 PM EDT

Carpenter Technology Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Carpenter Technology stock has a consensus rating of "Strong Buy" and an average price target of $536.25. The average 1-year stock price forecast is 40.91% higher than the current stock price, while the lowest is $430 (+12.99%) and the highest is $620 (+62.92%).

Price Target: $536.25 (+40.91%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$430$536.25$537.5$620
Change+12.99%+40.91%+41.24%+62.92%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy777666
Buy111111
Hold111111
Sell000000
Strong Sell000000
Total999888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
$700 → $520
BuyMaintains$700 → $520+36.64%Oct 14, 2026
TD Cowen
TD Cowen
Buy
Maintains
$650 → $500
BuyMaintains$650 → $500+31.39%Oct 9, 2026
KeyBanc
KeyBanc
Buy
Maintains
$608 → $465
BuyMaintains$608 → $465+22.19%Oct 8, 2026
Susquehanna
Susquehanna
Buy
Maintains
$600
BuyMaintains$600+57.66%Oct 7, 2026
Wells Fargo
Wells Fargo
Hold
Reiterates
$540 → $430
HoldReiterates$540 → $430+12.99%Sep 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.50B
from 3.12B
Increased by 11.90%
Revenue Next Year
3.86B
from 3.50B
Increased by 10.37%
EPS This Year
13.44
from 10.76
Increased by 24.93%
EPS Next Year
15.94
from 13.44
Increased by 18.59%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
1.84B2.55B2.76B2.88B3.12B3.50B
Revenue Growth
24.44%38.88%8.21%4.25%8.59%11.90%
Gross Profit
137.90M337.30M584.30M768.60M955.50M1.21B
Gross Margin
7.51%13.23%21.17%26.71%30.58%34.67%
Operating Income
-20.80M123.10M287.80M509.90M695.70M878.02M
Net Income
-49.10M56.40M186.50M376.00M529.80M670.93M
EPS
----10.7613.44
EPS Growth
----43.85%24.93%
Forward PE
29.1719.4319.7332.9851.4128.31
Dividend / Share
0.800.800.800.800.800.82
Dividend Growth
-----2.50%
Free Cash Flow
----362.30M409.24M
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High3.6B
Avg3.5B
Low3.4B

Revenue Growth

Revenue Growth202720282029
High
14.7%
Avg
11.9%
Low
8.6%

EPS Forecast

EPS202720282029
High13.78
Avg13.44
Low12.79

EPS Growth

EPS Growth202720282029
High
28.1%
Avg
24.9%
Low
18.9%