Carrier Global Corp (CARR) Stock Forecast & Price Target
Carrier Global Corp · NYSE
$59.10-0.60 (-1.01%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 13 firms covering Carrier Global Corp, 7 rate it Buy or better, 6 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $58.00 to $85.00, a moderate spread. The average target of $71.92 sits 22% above the current $59.10. The rating mix has stayed broadly stable, with Buy-side ratings easing from 8 to 6 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.71 next quarter toward $3.31 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS13 ratings
Moderate Buy
Strong Buy00%
Buy754%
Hold646%
Sell00%
Strong Sell00%
Based on 13 analysts giving stock ratings to Carrier Global Corp.
As of Sep, 6 of 12 firms rate CARR a Buy (6 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
CARR EPS & revenue forecast
EPS · NEXT QUARTER
$0.71
Range $0.65 – $0.95 · 20 analysts · +109% YoY
Next period, 20 analysts expect Carrier Global Corp to earn $0.71 a share (range $0.65 – $0.95), versus $0.34 a year earlier. Full-year consensus is $2.89, growing to $3.31 the year after.
REVENUE · NEXT QUARTER
$5.6B
Range $5.3B – $5.8B · 20 analysts · +15% YoY
Revenue is expected to reach $5.6B (range $5.3B – $5.8B), +15.0% year-over-year. Full-year consensus is $23.2B, rising to $24.3B next year.
Top analysts covering Carrier Global Corp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on CARR.
#1
Julian Mitchell
Barclays · Rank #152
Buy
$79.00+33.7% to target
Overall win rate
43%
+ Follow
#2
Noah Kaye
Oppenheimer · Rank #182
Hold
No targeton CARR
Overall win rate
40%
+ Follow
#3
Andrew Kaplowitz
Citigroup · Rank #211
Buy
$80.00+35.4% to target
Overall win rate
42%
+ Follow
#4
Jeffrey D. Hammond
Keybanc · Rank #216
Hold
No targeton CARR
Overall win rate
42%
+ Follow
#5
Deane Dray
RBC Capital · Rank #261
Buy
$82.00+38.7% to target
Overall win rate
39%
+ Follow
CARR stock forecast FAQ
What is CARR's average 12-month price target?+
The 12 analysts with a live target average $71.92 for Carrier Global Corp over the next 12 months, ranging from a $85.00 high to a $58.00 low.
Is CARR stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 13 analyst ratings, 7 are Buy or Strong Buy, 6 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for CARR?+
The Street-high target is $85.00 (Evercore ISI Group), and the Street-low is $58.00 (Wells Fargo). The average of all 12 active targets is $71.92.
How many Wall Street analysts cover CARR?+
13 analysts have an active rating on Carrier Global Corp, and 12 firms carry a live 12-month price target.
Who is the most accurate analyst covering CARR?+
Among analysts who currently cover CARR, Julian Mitchell of Barclays has the strongest overall Quantellect track record (Rank #152). Their current call is Buy with a $79.00 target.
What is Carrier Global Corp's projected EPS for next quarter?+
The consensus estimate is $0.71 per share (range $0.65 – $0.95) across 20 analysts. Full-year EPS is projected at $2.89, rising to $3.31 the following year.
How much revenue is Carrier Global Corp expected to report next quarter?+
Consensus revenue is $5.6B (range $5.3B – $5.8B). Full-year revenue is projected at $23.2B, growing to $24.3B next year.
Have analysts been upgrading or downgrading CARR lately?+
As of Sep, 6 of 12 firms rate CARR a Buy (6 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their CARR calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.