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. announced plans to invest more than $600 million over the next three years in a new advanced manufacturing and engineering center in Fort Worth, Texas, which is expected to create 1,500 jobs and expand commercial chiller production to meet record backlog levels driven by strong demand across data centers, healthcare, and industrial markets.
• The company reported third-quarter earnings on July 28, 2026, with earnings per share of $0.86, which exceeded the consensus estimate of $0.82 by $0.04, while revenue of $6.35 billion also surpassed analyst expectations of $6.02 billion, demonstrating strong operational performance and revenue growth of 3.9% compared to the same quarter last year.
• Carrier Global Co. currently trades at a stock price of $56.06, which is significantly below the average analyst price target of $70.43, suggesting potential upside for investors as the consensus rating remains a Moderate Buy with eleven analysts issuing Buy ratings and ten issuing Hold ratings.
• Institutional investors have shown increased confidence in the stock, with Citizens Financial Group Inc. RI growing its stake by 126.7% during the third quarter and Yousif Capital Management LLC raising its stake by 34.2%, indicating that professional investors are accumulating shares of Carrier Global Co.
• The company offers a dividend yield of 1.71% with a quarterly dividend of $0.24 per share, providing a steady income stream for investors, supported by a payout ratio of 66.67% which indicates a sustainable level of dividend distribution relative to earnings.