Carrier Global - CARR Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $61.15
Forecasted Upside: 2.25%
Number of Analysts: 13
Breakdown:
3 Sell Ratings
5 Hold Ratings
5 Buy Ratings
0 Strong Buy Ratings

^$59.81 As of 04/25/2024 01:00 AM ET

▲ +5.04 (9.20%)

1 month | 3 months | 12 months

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Analyst Price Target for CARR

^$61.15

▲ +2.25% Upside Potential

This price target is based on 13 analysts offering 12 month price targets for Carrier Global in the last 3 months. The average price target is $61.15, with a high forecast of $78.00 and a low forecast of $53.00. The average price target represents a 2.25% upside from the last price of $59.81.

Current Consensus is Hold

The current consensus among 13 polled investment analysts is to hold stock in Carrier Global. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
5 buy ratings
5 hold ratings
3 sell ratings

Ratings as of

11/2/2022

0 strong buy ratings
5 buy ratings
5 hold ratings
3 sell ratings

Ratings as of

1/31/2023

0 strong buy ratings
5 buy ratings
5 hold ratings
3 sell ratings

Ratings as of

5/1/2023

0 strong buy ratings
5 buy ratings
5 hold ratings
3 sell ratings

Ratings as of

7/30/2023

0 strong buy ratings
5 buy ratings
5 hold ratings
3 sell ratings

Ratings as of

10/28/2023

0 strong buy ratings
5 buy ratings
5 hold ratings
3 sell ratings

Ratings as of

1/26/2024

0 strong buy ratings
5 buy ratings
5 hold ratings
3 sell ratings

Ratings as of

3/26/2024

0 strong buy ratings
5 buy ratings
5 hold ratings
3 sell ratings

Ratings as of

4/25/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/18/2024	Oppenheimer	Reiterated Rating	Outperform ➝ Outperform	$63.00	Low
4/8/2024	Citigroup	Boost Target	Neutral ➝ Neutral	$60.00 ➝ $63.00	Low
4/2/2024	Barclays	Boost Target	Overweight ➝ Overweight	$71.00 ➝ $78.00	Low
2/7/2024	Royal Bank of Canada	Lower Target	Outperform ➝ Outperform	$63.00 ➝ $60.00	Low
2/7/2024	Wells Fargo & Company	Lower Target	Equal Weight ➝ Equal Weight	$63.00 ➝ $57.00	Low
12/19/2023	Wells Fargo & Company	Boost Target	Equal Weight ➝ Equal Weight	$50.00 ➝ $63.00	Low
12/11/2023	Citigroup	Boost Target	Neutral ➝ Neutral	$52.00 ➝ $56.00	Low
12/4/2023	Royal Bank of Canada	Reiterated Rating	Outperform ➝ Outperform	$59.00	Low
10/23/2023	Oppenheimer	Lower Target	Outperform ➝ Outperform	$60.00 ➝ $58.00	Low
10/12/2023	Wolfe Research	Downgrade	Peer Perform ➝ Underperform	$56.00	Low
10/9/2023	Wells Fargo & Company	Lower Target		$60.00 ➝ $55.00	Low
10/6/2023	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$53.00	Low
10/5/2023	Bank of America	Downgrade	Neutral ➝ Underperform	$62.00 ➝ $55.00	Low
9/22/2023	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$57.00 ➝ $59.00	Low
9/14/2023	Mizuho	Downgrade	Buy ➝ Neutral	$63.00 ➝ $61.00	Low
9/8/2023	UBS Group	Boost Target	Neutral ➝ Neutral	$47.00 ➝ $60.00	Low
8/1/2023	Argus	Boost Target	Buy ➝ Buy	$52.00 ➝ $68.00	Low
7/31/2023	TD Cowen	Boost Target	Outperform ➝ Outperform	$54.00 ➝ $62.00	Low
7/28/2023	Morgan Stanley	Boost Target	Equal Weight	$49.00 ➝ $57.00	Low
7/28/2023	Royal Bank of Canada	Boost Target	Outperform	$54.00 ➝ $64.00	Low
7/28/2023	Mizuho	Boost Target	Buy	$53.00 ➝ $63.00	Low
7/28/2023	Barclays	Boost Target		$54.00 ➝ $63.00	Low
7/19/2023	Morgan Stanley	Reiterated Rating	Equal Weight ➝ Equal Weight	$49.00 ➝ $49.00	Low
7/14/2023	Bank of America	Boost Target		$51.00 ➝ $58.00	Low
7/10/2023	Wells Fargo & Company	Boost Target		$45.00 ➝ $50.00	Low
7/10/2023	Barclays	Boost Target		$53.00 ➝ $54.00	Low
7/10/2023	Citigroup	Boost Target		$45.00 ➝ $52.00	Low
6/16/2023	Barclays	Boost Target		$48.00 ➝ $53.00	Low
6/8/2023	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$49.00 ➝ $47.00	Low
4/28/2023	888	Reiterated Rating	Maintains		Low
4/28/2023	Barclays	Lower Target		$50.00 ➝ $48.00	Low
4/13/2023	Wells Fargo & Company	Lower Target	Equal Weight	$47.00 ➝ $46.00	Low
4/12/2023	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$47.00 ➝ $48.00	N/A
4/5/2023	Morgan Stanley	Boost Target	Overweight	$49.00 ➝ $50.00	Low
3/27/2023	Oppenheimer	Initiated Coverage	Outperform	$51.00	Low
3/22/2023	Barclays	Lower Target	Overweight	$51.00 ➝ $50.00	Low
2/14/2023	Argus	Boost Target		$50.00 ➝ $52.00	Low
2/9/2023	Citigroup	Boost Target	Neutral	$45.00 ➝ $48.00	Low
2/8/2023	Mizuho	Reiterated Rating	Buy	$53.00	Low
2/8/2023	Stephens	Reiterated Rating	Overweight	$55.00	Low
2/8/2023	Barclays	Boost Target	Overweight	$47.00 ➝ $51.00	Low
1/19/2023	Wells Fargo & Company	Boost Target	Equal Weight	$43.00 ➝ $47.00	Low
1/13/2023	Mizuho	Upgrade	Neutral ➝ Buy	$38.00 ➝ $53.00	Low
1/6/2023	Morgan Stanley	Boost Target	Overweight	$45.00 ➝ $47.00	Low
1/5/2023	Wells Fargo & Company	Boost Target	Equal Weight	$40.00 ➝ $43.00	Low
12/15/2022	The Goldman Sachs Group	Boost Target	Buy	$48.00 ➝ $53.00	Low
12/9/2022	Citigroup	Boost Target	Neutral	$39.00 ➝ $45.00	Low
12/5/2022	Deutsche Bank Aktiengesellschaft	Boost Target		$44.00 ➝ $46.00	Low
11/1/2022	Credit Suisse Group	Boost Target		$42.00	Low
10/31/2022	Cowen	Lower Target	Outperform	$58.00 ➝ $49.00	Low
10/31/2022	Cowen	Lower Target	Outperform	$58.00 ➝ $49.00	Low
10/28/2022	Morgan Stanley	Boost Target	Overweight	$43.00 ➝ $45.00	Low
10/13/2022	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$45.00 ➝ $43.00	Low
10/12/2022	Morgan Stanley	Lower Target	Overweight	$44.00 ➝ $43.00	Low
10/10/2022	Citigroup	Lower Target		$40.00 ➝ $39.00	Low
9/6/2022	KeyCorp	Boost Target	Overweight	$44.00 ➝ $45.00	Low
9/1/2022	Morgan Stanley	Boost Target	Overweight	$43.00 ➝ $44.00	Low
8/1/2022	Wells Fargo & Company	Boost Target	Equal Weight	$38.00 ➝ $40.00	Low
7/29/2022	Morgan Stanley	Boost Target	Overweight	$42.00 ➝ $43.00	Low
7/19/2022	Credit Suisse Group	Set Target		$41.00	Low
7/18/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$49.00 ➝ $43.00	Low
7/18/2022	Mizuho	Lower Target	Neutral	$45.00 ➝ $38.00	Low
7/18/2022	KeyCorp	Lower Target	Overweight	$48.00 ➝ $44.00	Low
7/15/2022	Jefferies Financial Group	Lower Target		$55.00 ➝ $47.00	Low
7/12/2022	Wells Fargo & Company	Lower Target	Equal Weight	$39.00 ➝ $38.00	N/A
7/8/2022	Barclays	Lower Target	Overweight	$50.00 ➝ $47.00	N/A
6/29/2022	Wells Fargo & Company	Lower Target	Equal Weight	$43.00 ➝ $39.00	Low
6/23/2022	The Goldman Sachs Group	Lower Target	Buy	$53.00 ➝ $43.00	Low
5/31/2022	Morgan Stanley	Lower Target	Overweight	$46.00 ➝ $42.00	High
5/24/2022	Barclays	Lower Target	Overweight	$55.00 ➝ $50.00	Medium
5/18/2022	Bank of America	Downgrade	Buy ➝ Neutral		High
4/29/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$55.00 ➝ $49.00	High
4/13/2022	KeyCorp	Lower Target	Overweight	$60.00 ➝ $54.00	Low
4/7/2022	Morgan Stanley	Lower Target	Overweight	$55.00 ➝ $52.00	Medium
4/4/2022	Barclays	Lower Target	Overweight	$63.00 ➝ $60.00	High
3/1/2022	Morgan Stanley	Boost Target	Overweight	$54.00 ➝ $55.00	Medium
2/23/2022	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$53.00 ➝ $54.00	High
2/9/2022	Credit Suisse Group	Lower Target	Neutral	$56.00 ➝ $52.00	Medium
2/9/2022	Morgan Stanley	Lower Target	Overweight	$58.00 ➝ $54.00	Medium
2/9/2022	Atlantic Securities	Lower Target	Neutral	$59.00 ➝ $53.00	Medium
2/9/2022	Citigroup	Lower Target	Neutral	$59.00 ➝ $55.00	Medium
2/9/2022	Deutsche Bank Aktiengesellschaft	Lower Target	Hold	$56.00 ➝ $53.00	Medium
2/9/2022	Mizuho	Lower Target	Neutral	$57.00 ➝ $50.00	High
2/9/2022	Wells Fargo & Company	Lower Target	Equal Weight	$56.00 ➝ $50.00	High
1/25/2022	OTR Global	Upgrade	Positive		Medium
1/14/2022	Morgan Stanley	Lower Target	Overweight	$60.00 ➝ $58.00	Low
1/4/2022	Barclays	Boost Target	Overweight	$62.00 ➝ $65.00	High
1/3/2022	Vertical Research	Downgrade	Buy ➝ Hold	$57.00	High
12/16/2021	Mizuho	Initiated Coverage	Neutral	$57.00	High
12/9/2021	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$58.00 ➝ $56.00	Medium
10/29/2021	Royal Bank of Canada	Lower Target	Outperform	$61.00 ➝ $59.00	High
10/29/2021	Credit Suisse Group	Boost Target	Neutral	$54.00 ➝ $55.00	High
10/7/2021	Wells Fargo & Company	Initiated Coverage	Equal Weight	$51.00	Medium
10/4/2021	Barclays	Boost Target	Overweight	$60.00 ➝ $62.00	Low
9/7/2021	Wolfe Research	Downgrade	Outperform ➝ Peer Perform	$58.00 ➝ $61.00	Low
8/13/2021	Citigroup	Initiated Coverage	Neutral		Low
8/12/2021	UBS Group	Downgrade	Buy ➝ Neutral	$50.00 ➝ $60.00	Low
7/30/2021	Morgan Stanley	Boost Target	Overweight	$57.00 ➝ $60.00	Medium
7/30/2021	Royal Bank of Canada	Boost Target	Outperform	$55.00 ➝ $61.00	Medium
7/30/2021	Stephens	Boost Target	Overweight	$55.00 ➝ $65.00	Medium
7/30/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$53.00 ➝ $60.00	Medium
7/30/2021	Credit Suisse Group	Boost Target	Neutral	$46.00 ➝ $54.00	Medium
7/30/2021	KeyCorp	Boost Target	Overweight	$53.00 ➝ $60.00	High
7/21/2021	Robert W. Baird	Initiated Coverage	Neutral	$55.00	Medium
7/8/2021	Barclays	Boost Target	Overweight	$49.00 ➝ $54.00	Medium
6/22/2021	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy	$53.00	Low
6/8/2021	KeyCorp	Boost Target	Overweight	$50.00 ➝ $53.00	Low
6/7/2021	Royal Bank of Canada	Boost Target	Outperform	$54.00 ➝ $55.00	Low
5/6/2021	Atlantic Securities	Reiterated Rating	Overweight ➝ Neutral	$45.00	Medium
4/30/2021	Morgan Stanley	Boost Target	Overweight	$53.00 ➝ $57.00	Low
4/30/2021	Atlantic Securities	Downgrade	Overweight ➝ Neutral	$45.00	Low
4/22/2021	UBS Group	Boost Target	Positive ➝ Buy	$44.00 ➝ $50.00	Low
4/19/2021	Bank of America	Initiated Coverage	Buy	$57.00	Low
4/6/2021	Barclays	Boost Target	Overweight	$45.00 ➝ $46.00	Low
3/31/2021	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	$43.00 ➝ $51.00	Medium
3/29/2021	Morgan Stanley	Upgrade	Equal Weight ➝ Overweight	$41.00 ➝ $53.00	Low
3/10/2021	Cowen	Upgrade	Market Perform ➝ Outperform	$40.00 ➝ $43.00	High
2/10/2021	Morgan Stanley	Boost Target	Equal Weight	$38.00 ➝ $41.00	Low
1/15/2021	Jefferies Financial Group	Boost Target	Buy	$43.00 ➝ $50.00	Low
1/4/2021	Vertical Research	Upgrade	Hold ➝ Buy		N/A
11/30/2020	Barclays	Downgrade	Overweight ➝ Neutral	$38.00 ➝ $45.00	Medium
11/18/2020	KeyCorp	Boost Target	Overweight	$42.00 ➝ $47.00	High
10/30/2020	Credit Suisse Group	Boost Target	Neutral	$31.00 ➝ $36.00	Medium
10/30/2020	Morgan Stanley	Boost Target	Equal Weight	$29.00 ➝ $38.00	Medium
10/30/2020	KeyCorp	Boost Target	Overweight	$38.00 ➝ $42.00	Low
10/15/2020	Stephens	Initiated Coverage	Overweight	$45.00	Low
10/13/2020	Morgan Stanley	Boost Target	Equal Weight	$26.00 ➝ $29.00	High
10/13/2020	Jefferies Financial Group	Initiated Coverage	Buy	$43.00	High
10/7/2020	JPMorgan Chase & Co.	Boost Target	Neutral	$28.00 ➝ $33.00	Low
9/20/2020	The Goldman Sachs Group	Initiated Coverage	Buy	$35.00	High
9/15/2020	KeyCorp	Initiated Coverage	Overweight	$38.00	Low
9/8/2020	Credit Suisse Group	Initiated Coverage	Neutral	$31.00	Medium
8/13/2020	Argus	Boost Target		$28.00 ➝ $34.00	Low
7/31/2020	Barclays	Boost Target		$26.00 ➝ $29.00	Medium
7/31/2020	Morgan Stanley	Boost Target	Equal Weight	$19.00 ➝ $26.00	High
6/22/2020	UBS Group	Initiated Coverage	Buy	$26.00	High
6/16/2020	Argus	Initiated Coverage	Buy	$28.00	High
6/15/2020	Barclays	Boost Target	Overweight	$22.00 ➝ $26.00	High
6/10/2020	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$20.00	High
5/19/2020	Atlantic Securities	Initiated Coverage	Overweight		Medium
5/11/2020	William Blair	Reiterated Rating	Market Perform		Medium
5/11/2020	Morgan Stanley	Boost Target	Equal Weight	$17.00 ➝ $19.00	Low
5/11/2020	Citigroup	Boost Target	Neutral	$17.00 ➝ $20.00	Low
5/11/2020	Barclays	Upgrade	Equal Weight ➝ Overweight	$21.00 ➝ $22.00	Medium
5/7/2020	Cowen	Reiterated Rating	Hold	$17.00	High
4/22/2020	Cowen	Initiated Coverage	Outperform	$17.00	Low
4/20/2020	JPMorgan Chase & Co.	Initiated Coverage	Overweight ➝ Overweight	$20.00	High
4/19/2020	Morgan Stanley	Initiated Coverage	Equal Weight	$17.00	High
4/17/2020	Wolfe Research	Initiated Coverage	Buy		High
4/14/2020	Royal Bank of Canada	Initiated Coverage	Sector Perform	$15.00	Medium
4/13/2020	Citigroup	Initiated Coverage	Neutral	$17.00	Medium
4/9/2020	Morgan Stanley	Initiated Coverage	Equal Weight	$17.00	High
4/9/2020	Barclays	Initiated Coverage	Equal Weight	$21.00	High
4/6/2020	Vertical Research	Initiated Coverage	Hold	$18.00	High
4/3/2020	Wolfe Research	Initiated Coverage	Outperform		Low

(Data available from 4/26/2019 forward)

News Sentiment Rating

0.53 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

20 very positive mentions
27 positive mentions
6 negative mentions
0 very negative mentions

Mentions as of

9/28/2023

26 very positive mentions
44 positive mentions
3 negative mentions
0 very negative mentions

Mentions as of

10/28/2023

13 very positive mentions
20 positive mentions
6 negative mentions
0 very negative mentions

Mentions as of

11/27/2023

27 very positive mentions
39 positive mentions
4 negative mentions
0 very negative mentions

Mentions as of

12/27/2023

29 very positive mentions
18 positive mentions
4 negative mentions
4 very negative mentions

Mentions as of

1/26/2024

44 very positive mentions
42 positive mentions
5 negative mentions
3 very negative mentions

Mentions as of

2/25/2024

25 very positive mentions
36 positive mentions
10 negative mentions
3 very negative mentions

Mentions as of

3/26/2024

29 very positive mentions
37 positive mentions
10 negative mentions
2 very negative mentions

Mentions as of

4/25/2024

Current Sentiment

Recent Stories by Sentiment

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security. The HVAC segment provides products, controls, services, and solutions to meet the heating, cooling, and ventilation needs of residential and commercial customers. Its products include air conditioners, heating systems, heat pumps, controls, and aftermarket components, as well as aftermarket repair and maintenance services and building automation solutions. The Refrigeration segment offers transport refrigeration and monitoring products and services, as well as digital solutions for trucks, trailers, shipping containers, intermodal applications, food retail, and warehouse cooling; and commercial refrigeration solutions, such as refrigerated cabinets, freezers, systems, and controls. The Fire & Security segment provides various residential, commercial, and industrial technologies, including fire, flame, gas, smoke, and carbon monoxide detection; portable fire extinguishers; fire suppression systems; intruder alarms; access control systems; video management systems; and electronic controls. This segment also offers fire and security service, such as audit, design, installation, and system integration, as well as aftermarket maintenance and repair and monitoring services. It offers its products under the Autronica, Det-Tronics, Edwards, Aritech, Fireye, GST, Kidde, LenelS2, Marioff, Onity, and Supra; Carrier, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO, and Riello; and Carrier Commercial Refrigeration, Carrier Transicold, and Sensitech brands. Carrier Global Corporation was incorporated in 2019 and is headquartered in Palm Beach Gardens, Florida.

Today's Range

Now: $59.81

$56.63

$59.97

50 Day Range

MA: $56.41

$53.38

$59.82

52 Week Range

Now: $59.81

$40.28

$60.87

Volume

10,168,668 shs

Average Volume

4,794,749 shs

Market Capitalization

$53.84 billion

P/E Ratio

37.85

Dividend Yield

1.42%

Beta

1.39

Frequently Asked Questions

What sell-side analysts currently cover shares of Carrier Global?: The following equities research analysts have issued reports on Carrier Global in the last year: 888 Holdings plc, Argus, Bank of America Co., Barclays PLC, Citigroup Inc., JPMorgan Chase & Co., Mizuho, Morgan Stanley, Oppenheimer Holdings Inc., Royal Bank of Canada, TD Cowen, UBS Group AG, Wells Fargo & Company, and Wolfe Research.
View the latest analyst ratings for CARR.
What is the current price target for Carrier Global?: 13 Wall Street analysts have set twelve-month price targets for Carrier Global in the last year. Their average twelve-month price target is $61.15, suggesting a possible upside of 2.2%. Barclays PLC has the highest price target set, predicting CARR will reach $78.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $53.00 for Carrier Global in the next year.
View the latest price targets for CARR.
What is the current consensus analyst rating for Carrier Global?: Carrier Global currently has 3 sell ratings, 5 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CARR, but not buy more shares or sell existing shares.
View the latest ratings for CARR.
What other companies compete with Carrier Global?: Other companies that are similar to Carrier Global include Fortinet, Snowflake, Atlassian, DoorDash and Autodesk. Learn More about companies similar to Carrier Global.
How do I contact Carrier Global's investor relations team?: Carrier Global's physical mailing address is 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS FL, 33418. The company's listed phone number is 561-365-2000 and its investor relations email address is [email protected]. The official website for Carrier Global is www.corporate.carrier.com. Learn More about contacing Carrier Global investor relations.

Carrier Global - CARR Stock Price Target and Predictions

Analyst Price Target for CARR

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.53 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Carrier Global?

What is the current price target for Carrier Global?

What is the current consensus analyst rating for Carrier Global?

What other companies compete with Carrier Global?

How do I contact Carrier Global's investor relations team?