Carpenter Technology Corporation (CRS)
NYSE: CRS · Real-Time Price · USD
273.55
-18.55 (-6.35%)
Nov 5, 2026, 12:41 PM EST - Market open

Carpenter Technology Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, Carpenter Technology stock has a consensus rating of "Buy" and an average price target of $438. The average 1-year stock price forecast is 60.12% higher than the current stock price, while the lowest is $315 (+15.15%) and the highest is $520 (+90.09%).

Price Target: $438 (+60.12%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$315$438$450$520
Change+15.15%+60.12%+64.50%+90.09%

Analyst Ratings

The average analyst rating for Carpenter Technology stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy777665
Buy111111
Hold111112
Sell000000
Strong Sell000000
Total999888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
KeyBanc
KeyBanc
Hold
Downgrades
n/a
HoldDowngradesn/an/aOct 26, 2026
Susquehanna
Susquehanna
Buy
Maintains
$600 → $450
BuyMaintains$600 → $450+64.50%Oct 23, 2026
BTIG
BTIG
Buy
Maintains
$620 → $470
BuyMaintains$620 → $470+71.82%Oct 23, 2026
J.P. Morgan
J.P. Morgan
Buy
Reiterates
$700 → $520
BuyReiterates$700 → $520+90.09%Oct 14, 2026
TD Cowen
TD Cowen
Buy
Maintains
$650 → $500
BuyMaintains$650 → $500+82.78%Oct 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.44B
from 3.12B
Increased by 10.00%
Revenue Next Year
3.79B
from 3.44B
Increased by 10.17%
EPS This Year
13.44
from 10.76
Increased by 24.95%
EPS Next Year
15.98
from 13.44
Increased by 18.84%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJun 30, 2022Jun 30, 2023Jun 30, 2024Jun 30, 2025Jun 30, 2026Jun 30, 2027
Revenue
1.84B2.55B2.76B2.88B3.12B3.44B
Revenue Growth
24.44%38.88%8.21%4.25%8.59%10.00%
Gross Profit
137.90M337.30M584.30M768.60M955.50M1.19B
Gross Margin
7.51%13.23%21.17%26.71%30.58%34.77%
Operating Income
-20.80M123.10M287.80M509.90M695.70M870.02M
Net Income
-49.10M56.40M186.50M376.00M529.80M674.70M
EPS
----10.7613.44
EPS Growth
----43.85%24.95%
Forward PE
29.1719.4319.7332.9851.4120.35
Dividend / Share
0.800.800.800.800.800.82
Dividend Growth
-----2.50%
Free Cash Flow
----362.30M404.89M
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

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

Revenue Growth

Revenue Growth202720282029
High
11.9%
Avg
10.0%
Low
8.3%

EPS Forecast

EPS202720282029
High13.75
Avg13.44
Low13.09

EPS Growth

EPS Growth202720282029
High
27.8%
Avg
25.0%
Low
21.7%