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NYSE: CARR
Carrier Global Corp Stock Forecast, Predictions & Price Target

Analyst price target for CARR

Based on 13 analysts offering 12 month price targets for Carrier Global Corp.
Min Forecast
$50.00-4.89%
Avg Forecast
$57.46+9.31%
Max Forecast
$68.00+29.35%

Should I buy or sell CARR stock?

Based on 13 analysts offering ratings for Carrier Global Corp.
Hold
Strong Buy
2 analysts 15.38%
Buy
3 analysts 23.08%
Hold
5 analysts 38.46%
Sell
2 analysts 15.38%
Strong Sell
1 analysts 7.69%

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CARR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-12-04
lockedlocked$00.00+00.00%2023-10-23
lockedlocked$00.00+00.00%2023-10-12
lockedlocked$00.00+00.00%2023-10-06
lockedlocked$00.00+00.00%2023-10-05
Morgan Stanley
Bottom 5%
5
HoldMaintains$59.00+12.23%2023-09-22
Mizuho
Top 12%
89
HoldDowngrades$61.00+16.04%2023-09-14
HoldMaintains$60.00+14.13%2023-09-08
Argus Research
Top 8%
93
Strong BuyMaintains$68.00+29.35%2023-08-01Find out why
TD Cowen
Top 10%
91
BuyMaintains$62.00+17.94%2023-07-31

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Forecast return on equity

Is CARR forecast to generate an efficient return?
Company
N/A
Industry
0.48%
Market
30.45%

Forecast return on assets

Is CARR forecast to generate an efficient return on assets?
Company
N/A
Industry
0.2%

CARR revenue forecast

What is CARR's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$22.2B+0.66%
Avg 2 year Forecast
$23.0B+4.04%
Avg 3 year Forecast
$24.2B+9.68%
CARR's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CARR earnings growth forecast

How is CARR forecast to perform vs Building Products & Equipment companies and vs the US market?
Company
26.28%
Industry
8.83%
Market
17.93%
CARR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CARR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CARR's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CARR revenue growth forecast

How is CARR forecast to perform vs Building Products & Equipment companies and vs the US market?
Company
2.99%
Industry
3.56%
Market
7.54%
CARR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CARR's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CARR vs Building Product & Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
CARR$52.57$57.46+9.31%Hold
JCI$54.42$68.38+25.64%Buy
TT$229.58$223.00-2.87%Buy
BLDR$143.26$164.38+14.74%Strong Buy
LII$413.44$419.78+1.53%Buy

Carrier Global Stock Forecast FAQ

Is Carrier Global Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NYSE: CARR) stock is to Hold CARR stock.

Out of 13 analysts, 2 (15.38%) are recommending CARR as a Strong Buy, 3 (23.08%) are recommending CARR as a Buy, 5 (38.46%) are recommending CARR as a Hold, 2 (15.38%) are recommending CARR as a Sell, and 1 (7.69%) are recommending CARR as a Strong Sell.

If you're new to stock investing, here's how to buy Carrier Global stock.

What is CARR's revenue growth forecast for 2023-2025?

(NYSE: CARR) Carrier Global's forecast annual revenue growth rate of 2.99% is not forecast to beat the US Building Products & Equipment industry's average forecast revenue growth rate of 3.56%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 7.54%.

Carrier Global's revenue in 2023 is $22,101,000,000.On average, 6 Wall Street analysts forecast CARR's revenue for 2023 to be $18,665,432,713,574, with the lowest CARR revenue forecast at $18,586,559,818,008, and the highest CARR revenue forecast at $18,730,036,783,017. On average, 6 Wall Street analysts forecast CARR's revenue for 2024 to be $19,292,212,254,739, with the lowest CARR revenue forecast at $18,370,874,504,410, and the highest CARR revenue forecast at $19,729,341,258,606.

In 2025, CARR is forecast to generate $20,338,672,826,161 in revenue, with the lowest revenue forecast at $19,695,309,529,362 and the highest revenue forecast at $20,857,019,860,782.

What is CARR's forecast return on assets (ROA) for 2023-2026?

(NYSE: CARR) forecast ROA is N/A, which is lower than the forecast US Building Products & Equipment industry average of 0.2%.

What is CARR's Price Target?

According to 13 Wall Street analysts that have issued a 1 year CARR price target, the average CARR price target is $57.46, with the highest CARR stock price forecast at $68.00 and the lowest CARR stock price forecast at $50.00.

On average, Wall Street analysts predict that Carrier Global's share price could reach $57.46 by Dec 4, 2024. The average Carrier Global stock price prediction forecasts a potential upside of 9.31% from the current CARR share price of $52.57.

What is CARR's forecast return on equity (ROE) for 2023-2026?

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