Carpenter Technology Corporation (CRS)
NYSE: CRS · Real-Time Price · USD
408.93
-20.65 (-4.81%)
At close: May 15, 2026, 4:00 PM EDT
410.00
+1.07 (0.26%)
After-hours: May 15, 2026, 7:06 PM EDT
Carpenter Technology Stock Forecast
Stock Price Forecast
The 9 analysts that cover Carpenter Technology stock have a consensus rating of "Strong Buy" and an average price target of $442.44, which forecasts a 8.19% increase in the stock price over the next year. The lowest target is $380 and the highest is $495.
Price Target: $442.44 (+8.19%)
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 | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 3 | 4 | 5 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 8 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $400 → $425 | Hold | Maintains | $400 → $425 | +3.93% | May 4, 2026 |
| Keybanc | Keybanc | Buy Maintains $453 → $459 | Buy | Maintains | $453 → $459 | +12.24% | May 4, 2026 |
| JP Morgan | JP Morgan | Buy Maintains $465 → $470 | Buy | Maintains | $465 → $470 | +14.93% | Apr 30, 2026 |
| TD Cowen | TD Cowen | Strong Buy Maintains $430 → $450 | Strong Buy | Maintains | $430 → $450 | +10.04% | Apr 30, 2026 |
| Susquehanna | Susquehanna | Buy Maintains $470 → $495 | Buy | Maintains | $470 → $495 | +21.05% | Apr 30, 2026 |
Financial Forecast
Revenue This Year
3.16B
from 2.88B
Increased by 9.87%
Revenue Next Year
3.48B
from 3.16B
Increased by 10.09%
EPS This Year
10.59
from 7.42
Increased by 42.76%
EPS Next Year
12.48
from 10.59
Increased by 17.83%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | 3.4B | 3.8B | |||||
| Avg | 3.2B | 3.5B | |||||
| Low | 3.0B | 3.3B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | 16.9% | 19.6% | |||||
| Avg | 9.9% | 10.1% | |||||
| Low | 5.3% | 4.2% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 11.16 | 13.34 | |||
| Avg | 10.59 | 12.48 | |||
| Low | 10.14 | 11.51 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 50.4% | 25.9% | |||
| Avg | 42.8% | 17.8% | |||
| Low | 36.7% | 8.6% |
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 sources.