Based on ratings from 0 stock analysts, the Carrier Global Corp stock price is expected to decrease by 5.84% in 12 months. This is calculated by using the average 12-month stock price forecast for Carrier Global Corp. The lowest target is $65 and the highest is $88. Please note analyst price targets are not guaranteed and could be missed completely.
CARR is a stock in Industrials which has been forecasted to be worth $75.82 as an average. On the higher end, the forecast price is $88 USD by from and on the lower end CARR is forecasted to be $65 by Julian Mitchell from Barclays.
These are the latest 20 analyst ratings of CARR.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Andrew Obin B of A Securities | Neutral | $80 | Maintains | Sep 13, 2024 |
Nigel Coe Wolfe Research | Peer Perform | Upgrade | Sep 6, 2024 | |
Joe O'Dea Wells Fargo | Equal-Weight | $73 | Maintains | Sep 6, 2024 |
Chris Snyder Morgan Stanley | Equal-Weight | $75 | Initiates | Sep 6, 2024 |
Deane Dray RBC Capital | Outperform | $79 | Maintains | Sep 5, 2024 |
Noah Kaye Oppenheimer | Outperform | $74 | Maintains | Aug 16, 2024 |
Andrew Obin B of A Securities | Neutral | $72 | Upgrade | Jul 29, 2024 |
Timothy Wojs Baird | Outperform | $74 | Maintains | Jul 26, 2024 |
Deane Dray RBC Capital | Outperform | $72 | Reiterates | Jul 26, 2024 |
Noah Kaye Oppenheimer | Outperform | $70 | Maintains | Jul 26, 2024 |
Timothy Wojs Baird | Outperform | $75 | Upgrade | Jul 15, 2024 |
Noah Kaye Oppenheimer | Outperform | $71 | Maintains | Jun 27, 2024 |
Andrew Kaplowitz Citigroup | Buy | $74 | Upgrade | Jun 24, 2024 |
Julian Mitchell Barclays | Overweight | $81 | Maintains | Jun 14, 2024 |
Timothy Wojs Baird | Neutral | $64 | Maintains | May 3, 2024 |
Gautam Khanna TD Cowen | Buy | $70 | Maintains | Apr 29, 2024 |
Noah Kaye Oppenheimer | Outperform | $64 | Maintains | Apr 26, 2024 |
Julian Mitchell Barclays | Overweight | $79 | Maintains | Apr 26, 2024 |
Joe O'Dea Wells Fargo | Equal-Weight | $66 | Maintains | Apr 26, 2024 |
Noah Kaye Oppenheimer | Outperform | $63 | Maintains | Apr 18, 2024 |
When did it IPO
2020
Staff Count
53,000
Country
United States
Sector/Industry
Industrials/Building Products & Equipment
CEO
Mr. David L. Gitlin
Market Cap
$71.63B
In 2023, CARR generated $22.10B in revenue, which was a increase of 8.21% from the previous year. This can be seen as a signal that CARR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Carrier emphasizes its focus on climate action and sustainable innovation at an event with FT Live and JLL in Palm Beach Gardens, Florida.
Why It Matters - Carrier's focus on climate action and sustainable innovation signals potential growth in eco-friendly technologies, impacting market positioning and investment opportunities in green sectors.
Summary - A Carrier Global survey reveals U.S. companies are prioritizing sustainability, with building decarbonization becoming a key focus for the future.
Why It Matters - Increased focus on building decarbonization signals potential growth in sustainability sectors, affecting long-term investment strategies and opportunities in climate-related technologies.
Summary - Carrier Global Corporation (NYSE:CARR) will participate in Morgan Stanley's 12th Annual Laguna Conference on September 11, 2024, with CEO David Gitlin and CFO Patrick Goris attending.
Why It Matters - Carrier Global's participation in Morgan Stanley's conference signals potential insights into company strategy and performance, influencing investor sentiment and stock valuation.
Summary - Consumers in northern regions can access rebates and tax credits of $2,000 to $8,000 for purchasing high-efficiency units, depending on location and eligibility.
Why It Matters - Rebates and tax credits for high-efficiency units can boost consumer spending, benefiting companies in the energy sector and related industries, potentially impacting stock prices positively.
Summary - American Electric Power offers a high-yield dividend, potentially enhancing passive income for investors. Carrier Global's growth transformation is nearing completion.
Why It Matters - American Electric Power's high-yield dividend enhances income potential, while Carrier Global’s growth transformation may indicate future profitability and stability, attracting investor interest.
Summary - Carrier Global's stock rose 24% since February 2024, outperforming the S&P 500. A 'Strong Buy' rating is maintained with a fair value of $88/share, driven by strategic divestitures and acquisitions.
Why It Matters - Carrier Global's stock surge signals robust performance and strategic focus on growth areas, enhancing investor confidence. The strong buy rating suggests significant upside potential, despite market challenges.