Carrier Global (CARR) Stock Forecast & Price Target

Carrier Global
Bull Case

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

• Carrier Global Co. recently reported strong third-quarter results, beating consensus estimates with earnings per share of $0.86 compared to the expected $0.82, while also exceeding revenue forecasts with $6.35 billion in sales against a consensus of $6.02 billion, demonstrating robust operational performance.
• The company has raised its full-year 2026 earnings guidance to $2.90 per share, which is higher than the average sell-side analyst estimate of $2.87, suggesting management confidence in continued growth and potential for further upside in shareholder returns.
• Carrier Global Co. offers a stable income stream with a quarterly dividend of $0.24 per share, resulting in an annualized yield of approximately 1.75%, which provides a cushion for investors seeking consistent cash flow alongside capital appreciation.
• Institutional interest in the stock remains strong, with 91% of shares owned by hedge funds and other institutional investors, and recent filings show significant increases in holdings by firms like Professional Advisory Services Inc. and YHB Investment Advisors Inc., indicating broad market confidence.
• The stock is currently trading at $55.83, which is below its 50-day moving average of $58.68 and significantly below its 52-week high of $76.76, potentially presenting a value entry point for investors looking to capitalize on a pullback in a fundamentally sound company.