Carrier Global (CARR) Stock Forecast & Price Target

$69.74 0.00 (0.00%)

As of 01/17/2025 03:59 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 17 Analyst Ratings

Sell
0

Hold
8

Buy
9

Based on 17 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 17 analysts, 8 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for CARR.

Consensus Price Target

$83.93
20.34% Upside

According to the 17 analysts' twelve-month price targets for Carrier Global, the average price target is $83.93. The highest price target for CARR is $96.00, while the lowest price target for CARR is $70.00. The average price target represents a forecasted upside of 20.34% from the current price of $69.74.

Get the Latest News and Ratings for CARR and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Carrier Global and its competitors.

CARR Analyst Ratings Over Time

Type	Current Forecast 1/21/24 to 1/20/25	1 Month Ago 12/22/23 to 12/21/24	3 Months Ago 10/23/23 to 10/22/24	1 Year Ago 1/21/23 to 1/21/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	7 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	$83.93	$83.50	$80.67	$58.40
Forecasted Upside	20.34% Upside	21.92% Upside	0.63% Upside	4.51% 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	2.59	2.68	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	20.34% Upside	255.27% Upside	12.44% Upside
News Sentiment Rating	Positive News See Recent CARR News	Neutral 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
1/15/2025	JPMorgan Chase & Co. 3 of 5 stars	Stephen Tusa Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$83.00 ➝ $77.00	+12.64%
1/13/2025	Citigroup 3 of 5 stars	Andrew Kaplowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$94.00 ➝ $90.00	+34.79%
1/8/2025	Barclays 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$92.00 ➝ $90.00	+32.02%
1/7/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$80.00 ➝ $75.00	+9.00%
1/3/2025	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$87.00 ➝ $86.00	+24.30%
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%
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%
Get the Latest News and Ratings for CARR and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Carrier Global and its competitors with MarketBeat's FREE daily newsletter.
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%
10/17/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$65.00 ➝ $78.00	-3.76%
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%
9/6/2024	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	Underperform ➝ Peer Perform
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%
4/28/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
4/12/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$47.00 ➝ $48.00	+10.29%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 07:51 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 Tuesday, January 14, 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.:

Carrier Global Co. has recently authorized a stock repurchase program worth $3.00 billion, allowing the company to buy back up to 4.6% of its shares. This often indicates that the company's leadership believes the stock is undervalued, potentially leading to an increase in stock price.
The company has a strong dividend increase, raising its quarterly dividend to $0.225 per share, which translates to an annualized dividend of $0.90 and a yield of 1.32%. This reflects a commitment to returning value to shareholders.
As of now, the stock price is around $72.76, which is significantly above its 12-month low of $53.13, suggesting a positive trend in the stock's performance.
Carrier Global Co. operates in the HVAC and building automation sectors, which are essential industries with consistent demand, providing a stable revenue base.
Institutional investors own 91% of the company's stock, indicating strong confidence from large financial entities in Carrier Global Co.'s future performance.

Carrier Global
Bear Case

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

The company's quick ratio is 0.82, which is below 1, indicating that it may not have enough liquid assets to cover its short-term liabilities, potentially posing a risk to financial stability.
Despite the recent stock buyback program, the stock price is still below its 12-month high of $83.32, which may suggest that the stock has not yet fully recovered or that there are underlying issues affecting its valuation.
The debt-to-equity ratio stands at 0.69, which, while not excessively high, indicates that the company is using a moderate amount of debt to finance its operations. This could be a concern if interest rates rise or if the company faces cash flow issues.
Recent market volatility could impact the performance of Carrier Global Co., as economic uncertainties may affect consumer spending in the HVAC and building automation sectors.
With a payout ratio of 22.78%, while the dividend is sustainable, it also indicates that a significant portion of earnings is retained for reinvestment, which may limit immediate returns for investors seeking income.

CARR Forecast - Frequently Asked Questions

: According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Carrier Global is $83.93, with a high forecast of $96.00 and a low forecast of $70.00.
: 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Carrier Global in the last twelve months. There are currently 8 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CARR shares.
: According to analysts, Carrier Global's stock has a predicted upside of 20.34% based on their 12-month stock forecasts.
: Over the previous 90 days, Carrier Global's stock had 1 upgrade by analysts.
: Carrier Global has been rated by research analysts at Barclays, Citigroup, JPMorgan Chase & Co., Northcoast Research, Robert W. Baird, Royal Bank of Canada, Stephens, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Carrier Global less than other "computer and technology" companies. The consensus rating score for Carrier Global is 2.59 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how CARR compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

This page (NYSE:CARR) was last updated on 1/20/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Carrier Global (CARR) Stock Forecast & Price Target