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NYSE: CARR
CARRIER GLOBAL Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CARR

Based on 11 analysts offering 12 month price targets for CARRIER GLOBAL Corp.
Min Forecast
$43.00-23.01%
Avg Forecast
$55.46-0.71%
Max Forecast
$62.00+11.01%

Should I buy or sell CARR stock?

Based on 11 analysts offering ratings for CARRIER GLOBAL Corp.
Buy
Strong Buy
4 analysts 36.36%
Buy
2 analysts 18.18%
Hold
5 analysts 45.45%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CARR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
RBC Capital
Top 22%
79
BuyMaintains$59.00+5.64%2021-10-29
Credit Suisse
Top 2%
99
HoldMaintains$55.00-1.52%2021-10-29
Anonymous
Wells Fargo
HoldInitiates Coverage On$51.00-8.68%2021-10-08
Barclays
Top 11%
90
Strong BuyMaintains$62.00+11.01%2021-10-04Find out why
Wolfe Research
Bottom 22%
22
HoldDowngrades$61.00+9.22%2021-09-07
UBS
Top 15%
86
HoldDowngrades$60.00+7.43%2021-08-12
KeyBanc
Top 9%
92
Strong BuyMaintains$60.00+7.43%2021-07-30
Baird
Bottom 12%
12
HoldInitiates Coverage On$55.00-1.52%2021-07-22
Atlantic Equities
Top 47%
54
HoldDowngrades$45.00-19.43%2021-04-30
Bank of America
Top 16%
85
Strong BuyInitiates Coverage On$57.00+2.06%2021-04-19

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Forecast return on equity

Is CARR forecast to generate an efficient return?
Company
N/A
Industry
17.64%
Market
37.06%

Forecast return on assets

Is CARR forecast to generate an efficient return on assets?
Company
N/A
Industry
10.24%

CARR earnings per share forecast

What is CARR's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$2.22-13.28%
Avg 2 year Forecast
$2.45-4.3%
Avg 3 year Forecast
$2.58+0.78%
CARR's earnings are forecast to grow at a rate of 0.74% per year, which is not exceptional
Forecast

CARR revenue forecast

What is CARR's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$20.3B+0.92%
Avg 2 year Forecast
$20.4B+1.82%
Avg 3 year Forecast
$21.0B+4.86%
CARR's revenue is forecast to grow at a rate of 1.42% per year, which is not exceptional
Forecast

CARR earnings growth forecast

How is CARR forecast to perform vs Basic Materials companies and vs the US market?
Company
0.74%
Industry
18.73%
Market
14.37%
CARR's earnings are forecast to grow slower (0.74% per year) than the US Basic Materials industry average (18.73%)
Forecast
CARR's earnings are forecast to grow slower (0.74% per year) than the US market average (14.37%)
Forecast
CARR's earnings are forecast to grow slower (0.74% per year) than the risk-free savings rate (1.4%)
Forecast

CARR revenue growth forecast

How is CARR forecast to perform vs Basic Materials companies and vs the US market?
Company
1.42%
Industry
5.08%
Market
10.03%
CARR's revenues are forecast to grow slower (1.42% per year) than the US Basic Materials industry average (5.08%)
Forecast
CARR's revenues are forecast to grow slower (1.42% per year) than the US market average (10.03%)
Forecast

CARRIER GLOBAL Corp Stock Forecast FAQ

Is CARRIER GLOBAL Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: CARR) stock is to Buy CARR stock.

Out of 11 analysts, 4 (36.36%) are recommending CARR as a Strong Buy, 2 (18.18%) are recommending CARR as a Buy, 5 (45.45%) are recommending CARR as a Hold, 0 (0%) are recommending CARR as a Sell, and 0 (0%) are recommending CARR as a Strong Sell.

What is CARR's earnings growth forecast for 2021-2023?

(NYSE: CARR) CARRIER GLOBAL Corp's forecast annual earnings growth rate of 0.74% is not forecast to beat the US Basic Materials industry's average forecast earnings growth rate of 18.73%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.37%.

CARRIER GLOBAL Corp's earnings in 2021 is $2,224,000,000.On average, 9 Wall Street analysts forecast CARR's earnings for 2021 to be $1,923,818,549, with the lowest CARR earnings forecast at $1,854,491,754, and the highest CARR earnings forecast at $1,993,145,344. On average, 9 Wall Street analysts forecast CARR's earnings for 2022 to be $2,123,133,083, with the lowest CARR earnings forecast at $1,993,145,344, and the highest CARR earnings forecast at $2,287,784,220.

In 2023, CARR is forecast to generate $2,235,789,125 in earnings, with the lowest earnings forecast at $2,123,133,083 and the highest earnings forecast at $2,339,779,316.

What is CARR's revenue growth forecast for 2021-2023?

(NYSE: CARR) CARRIER GLOBAL Corp's forecast annual revenue growth rate of 1.42% is not forecast to beat the US Basic Materials industry's average forecast revenue growth rate of 5.08%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.03%.

CARRIER GLOBAL Corp's revenue in 2021 is $20,074,000,000.On average, 5 Wall Street analysts forecast CARR's revenue for 2021 to be $17,556,367,716,300, with the lowest CARR revenue forecast at $17,477,804,859,535, and the highest CARR revenue forecast at $17,593,623,935,697. On average, 5 Wall Street analysts forecast CARR's revenue for 2022 to be $17,712,964,813,022, with the lowest CARR revenue forecast at $16,604,911,189,230, and the highest CARR revenue forecast at $18,693,103,568,172.

In 2023, CARR is forecast to generate $18,241,011,408,657 in revenue, with the lowest revenue forecast at $16,806,192,871,386 and the highest revenue forecast at $19,454,831,723,400.

What is CARR's forecast return on assets (ROA) for 2021-2024?

(NYSE: CARR) forecast ROA is N/A, which is lower than the forecast US Basic Materials industry average of 10.24%.

What is CARR's Price Target?

According to 11 Wall Street analysts that have issued a 1 year CARR price target, the average CARR price target is $55.46, with the highest CARR stock price forecast at $62.00 and the lowest CARR stock price forecast at $43.00.

On average, Wall Street analysts predict that CARRIER GLOBAL Corp's share price could stay at $55.46 by Oct 29, 2022. The average CARRIER GLOBAL Corp stock price prediction forecasts a potential downside of N/A from the current CARR share price of $55.85.

What is CARR's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: CARR) CARRIER GLOBAL Corp's current Earnings Per Share (EPS) is $2.56. On average, analysts forecast that CARR's EPS will be $2.22 for 2021, with the lowest EPS forecast at $2.14, and the highest EPS forecast at $2.30. On average, analysts forecast that CARR's EPS will be $2.45 for 2022, with the lowest EPS forecast at $2.30, and the highest EPS forecast at $2.64. In 2023, CARR's EPS is forecast to hit $2.58 (min: $2.45, max: $2.70).

What is CARR's forecast return on equity (ROE) for 2021-2024?

(NYSE: CARR) forecast ROE is N/A, which is considered weak.
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