Carpenter Technology Corporation (CRS)
NYSE: CRS · Real-Time Price · USD
557.77
+3.37 (0.61%)
At close: Jul 17, 2026, 4:00 PM EDT
562.59
+4.82 (0.86%)
After-hours: Jul 17, 2026, 7:00 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 $571.33. The average 1-year stock price forecast is 2.43% higher than the current stock price, while the lowest is $400 (-28.29%) and the highest is $722 (+29.44%).

Price Target: $571.33 (+2.43%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$400$571.33$644$722
Change-28.29%+2.43%+15.46%+29.44%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy677777
Buy111111
Hold011111
Sell000000
Strong Sell000000
Total799999

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
TD Cowen
TD Cowen
Buy
Maintains
$470$650
BuyMaintains$470$650+16.54%Jul 13, 2026
J.P. Morgan
J.P. Morgan
Buy
Reiterates
$470$705
BuyReiterates$470$705+26.40%Jul 13, 2026
Susquehanna
Susquehanna
Buy
Maintains
$495$680
BuyMaintains$495$680+21.91%Jul 9, 2026
KeyBanc
KeyBanc
Buy
Maintains
$459$644
BuyMaintains$459$644+15.46%Jun 30, 2026
Wells Fargo
Wells Fargo
Hold
Maintains
$400$425
HoldMaintains$400$425-23.80%May 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.13B
from 2.88B
Increased by 8.92%
Revenue Next Year
3.48B
from 3.13B
Increased by 11.11%
EPS This Year
10.58
from 7.48
Increased by 41.48%
EPS Next Year
12.91
from 10.58
Increased by 22.02%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJun 30, 2021Jun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026
Revenue
1.48B1.84B2.55B2.76B2.88B3.13B
Revenue Growth
-32.35%24.44%38.88%8.21%4.25%8.92%
Gross Profit
74.70M137.90M337.30M584.30M768.60M1.00B
Gross Margin
5.06%7.51%13.23%21.17%26.71%32.07%
Operating Income
-106.40M-20.80M123.10M339.70M509.90M705.23M
Net Income
-229.60M-49.10M56.40M186.50M376.00M522.26M
EPS
----7.4810.58
EPS Growth
----57.81%41.48%
Forward PE
96.3329.1719.4319.7332.9852.71
Dividend / Share
0.800.800.800.800.800.80
Dividend Growth
------
Free Cash Flow
215.26M-56.96M-79.38M90.74M257.24M363.09M
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High3.1B
Avg3.1B
Low3.1B

Revenue Growth

Revenue Growth202620272028
High
9.5%
Avg
8.9%
Low
8.5%

EPS Forecast

EPS202620272028
High10.67
Avg10.58
Low10.46

EPS Growth

EPS Growth202620272028
High
42.6%
Avg
41.5%
Low
39.8%