Carrier Global (CARR) Stock Forecast & Price Target

$71.01 -0.52 (-0.72%)

As of 01:49 PM Eastern

Carrier Global - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 16 Analyst Ratings

Sell
0

Hold
5

Buy
11

Based on 16 Wall Street analysts who have issued ratings for Carrier Global in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 5 have given a hold rating, 10 have given a buy rating, and 1 has given a strong buy rating for CARR.

Consensus Price Target

$81.21
14.49% Upside

According to the 16 analysts' twelve-month price targets for Carrier Global, the average price target is $81.21. The highest price target for CARR is $96.00, while the lowest price target for CARR is $64.00. The average price target represents a forecasted upside of 14.49% from the current price of $70.94.

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CARR Analyst Ratings Over Time

Type	Current Forecast 5/5/24 to 5/5/25	1 Month Ago 4/5/24 to 4/5/25	3 Months Ago 2/5/24 to 2/4/25	1 Year Ago 5/6/23 to 5/5/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	10 Buy rating(s)	11 Buy rating(s)	8 Buy rating(s)	5 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	8 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$81.21	$82.27	$83.93	$62.71
Forecasted Upside	14.49% Upside	44.18% Upside	31.32% Upside	1.01% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

CARR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CARR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Carrier Global Stock vs. The Competition

Type	Carrier Global	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.75	2.66	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	13.30% Upside	128.56% Upside	17.44% Upside
News Sentiment Rating	Positive News See Recent CARR News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/5/2025	Wells Fargo & Company 3 of 5 stars	Joe O'Dea Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$65.00 ➝ $75.00	+4.75%
5/2/2025	Royal Bank of Canada 3 of 5 stars	Deane Dray Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$71.00 ➝ $82.00	+14.50%
4/22/2025	Mizuho 3 of 5 stars	B. Linzey Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		$72.00	+19.42%
4/14/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Andrew Kaplowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$89.00 ➝ $72.00	+18.75%
4/8/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Stephen Tusa Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$78.00 ➝ $64.00	+12.94%
3/26/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Julian Mitchell Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$87.00 ➝ $83.00	+21.93%
2/24/2025	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	N. Coe Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Peer Perform ➝ Outperform	$80.00 ➝ $80.00	+21.04%
12/12/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Ritchie Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$96.00	+30.24%
11/22/2024	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Snyder Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral
11/13/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Karas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$94.00	+24.67%
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10/28/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Moll Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$85.00 ➝ $80.00	+8.18%
10/25/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$88.00 ➝ $86.00	+17.99%
10/18/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$80.00 ➝ $90.00	+10.57%
10/2/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$74.00 ➝ $88.00	+9.67%
9/6/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight	$75.00	+8.66%
7/15/2024	Baird R W Subscribe to MarketBeat All Access for the recommendation accuracy rating	T. Wojs Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
4/29/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$66.00 ➝ $70.00	+12.18%
8/1/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$52.00 ➝ $68.00	+14.83%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 01:43 PM ET.

Should I Buy Carrier Global Stock? CARR Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, May 4, 2025. Please send any questions or comments about these Carrier Global pros and cons to contact@marketbeat.com.

Carrier Global
Bull Case

Here are some ways that investors could benefit from investing in Carrier Global Co.:

The current stock price is around $61.70, which may present a buying opportunity for investors looking for value in the HVAC and building automation sector.
Carrier Global Co. reported a strong earnings performance recently, with earnings per share (EPS) exceeding analysts' expectations, indicating robust financial health and operational efficiency.
The company has a solid net margin of approximately 23.83%, suggesting effective cost management and profitability, which can be attractive to investors seeking stable returns.
With a return on equity of 18.82%, Carrier Global Co. demonstrates effective use of shareholder equity to generate profits, which is a positive indicator for potential investors.
The firm has a consistent dividend payout, with a recent quarterly dividend of $0.225, reflecting a commitment to returning value to shareholders.

Carrier Global
Bear Case

Investors should be bearish about investing in Carrier Global Co. for these reasons:

The company's revenue has shown a year-over-year decline of about 3.7%, which may raise concerns about its growth trajectory and market demand.
Recent analyst reports have resulted in mixed ratings, with some firms lowering their price targets, indicating potential volatility and uncertainty in the stock's future performance.
Carrier Global Co. has a relatively high debt-to-equity ratio of 0.77, which could suggest increased financial risk, especially in a rising interest rate environment.
Institutional investors have recently reduced their stakes significantly, which may signal a lack of confidence in the company's short-term prospects.
The stock has experienced fluctuations, with a 1-year high of $83.32 and a low of $54.22, indicating potential instability that could deter risk-averse investors.

CARR Forecast - Frequently Asked Questions

: According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Carrier Global is $81.21, with a high forecast of $96.00 and a low forecast of $64.00.
: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carrier Global in the last twelve months. There are currently 5 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CARR shares.
: According to analysts, Carrier Global's stock has a predicted upside of 14.49% based on their 12-month stock forecasts.
: Over the previous 90 days, Carrier Global's stock had 3 upgrades by analysts.
: Carrier Global has been rated by research analysts at Barclays, Citigroup, JPMorgan Chase & Co., Mizuho, Royal Bank of Canada, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like Carrier Global more than other "computer and technology" companies. The consensus rating score for Carrier Global is 2.75 while the average consensus rating score for "computer and technology" companies is 2.66. Learn more on how CARR compares to other companies.

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This page (NYSE:CARR) was last updated on 5/5/2025 by MarketBeat.com Staff

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Carrier Global (CARR) Stock Forecast & Price Target