Carpenter Technology Corporation (CRS)
NYSE: CRS · Real-Time Price · USD
561.00
-9.66 (-1.69%)
Aug 10, 2026, 3:33 PM EDT - Market open

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 $608.11. The average 1-year stock price forecast is 8.40% higher than the current stock price, while the lowest is $466 (-16.93%) and the highest is $700 (+24.78%).

Price Target: $608.11 (+8.40%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$466$608.11$608$700
Change-16.93%+8.40%+8.38%+24.78%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy777777
Buy111111
Hold111111
Sell000000
Strong Sell000000
Total999999

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
$700
BuyMaintains$700+24.78%Aug 5, 2026
Wells Fargo
Wells Fargo
Hold
Maintains
$425$540
HoldMaintains$425$540-3.74%Aug 4, 2026
KeyBanc
KeyBanc
Buy
Maintains
$644$608
BuyMaintains$644$608+8.38%Aug 3, 2026
Deutsche Bank
Deutsche Bank
Buy
Reiterates
$722$689
BuyReiterates$722$689+22.82%Jul 31, 2026
Susquehanna
Susquehanna
Buy
Maintains
$680$600
BuyMaintains$680$600+6.95%Jul 31, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.48B
from 3.12B
Increased by 11.50%
Revenue Next Year
3.84B
from 3.48B
Increased by 10.25%
EPS This Year
13.38
from 10.76
Increased by 24.32%
EPS Next Year
15.88
from 13.38
Increased by 18.72%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
1.84B2.55B2.76B2.88B3.12B3.48B
Revenue Growth
24.44%38.88%8.21%4.25%8.59%11.50%
Gross Profit
137.90M337.30M584.30M768.60M955.50M1.21B
Gross Margin
7.51%13.23%21.17%26.71%30.58%34.80%
Operating Income
-20.80M123.10M339.70M509.90M702.00M878.02M
Net Income
-49.10M56.40M186.50M376.00M529.80M670.88M
EPS
----10.7613.38
EPS Growth
----43.85%24.32%
Forward PE
29.1719.4319.7332.9851.4141.94
Dividend / Share
0.800.800.800.800.800.82
Dividend Growth
-----2.50%
Free Cash Flow
-56.96M-79.38M90.74M257.24M251.53M414.17M
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
11.5%
Low
7.3%

EPS Forecast

EPS202720282029
High13.75
Avg13.38
Low12.79

EPS Growth

EPS Growth202720282029
High
27.8%
Avg
24.3%
Low
18.9%