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

Analyst price target for CARR

Based on 12 analysts offering 12 month price targets for CARRIER GLOBAL CORP.
Min Forecast
$43.00+6.89%
Avg Forecast
$52.25+29.88%
Max Forecast
$61.00+51.63%

Should I buy or sell CARR stock?

Based on 13 analysts offering ratings for CARRIER GLOBAL CORP.
Buy
Strong Buy
3 analysts 23.08%
Buy
1 analysts 7.69%
Hold
9 analysts 69.23%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

CARR stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Barclays
Top 19%
82
Strong BuyMaintains$50.00+24.29%2022-05-24
Bank of America
Top 17%
84
HoldDowngradesN/AN/A2022-05-18
Credit Suisse
Top 5%
96
HoldMaintains$45.00+11.86%2022-04-29
Wells Fargo
Bottom 23%
23
HoldMaintains$43.00+6.89%2022-04-29
RBC Capital
Bottom 25%
25
BuyMaintains$52.00+29.26%2022-04-29
KeyBanc
Top 33%
68
Strong BuyMaintains$48.00+19.31%2022-04-29
Morgan Stanley
Top 10%
91
Strong BuyMaintains$52.00+29.26%2022-04-07
Deutsche Bank
Top 29%
72
HoldMaintains$54.00+34.23%2022-02-23
Mizuho
Bottom 14%
14
HoldMaintains$50.00+24.29%2022-02-09
Vertical Research
Top 37%
64
HoldDowngrades$57.00+41.69%2022-01-03

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Forecast return on equity

Is CARR forecast to generate an efficient return?
Company
33.45%
Industry
-17.63%
Market
38.7%
CARR's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CARR forecast to generate an efficient return on assets?
Company
9.82%
Industry
14.87%
CARR is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

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
$2.29-26.13%
Avg 2 year Forecast
$2.53-18.39%
Avg 3 year Forecast
$2.80-9.68%
CARR's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CARR revenue forecast

What is CARR's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$20.0B-2.84%
Avg 2 year Forecast
$20.8B+1.27%
Avg 3 year Forecast
$21.6B+4.99%
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
-9.58%
Industry
19.75%
Market
16.37%
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
0.59%
Industry
6.06%
Market
8.39%
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 Products & Equipment Stocks

TickerPricePrice TargetUp/downsideConsensus
CARR$40.23$52.25+29.88%Buy
MAS$57.84$65.60+13.42%Buy
CSL$253.59$266.67+5.16%Buy
BLDR$66.76$97.83+46.54%Buy
OC$97.39$103.38+6.15%Buy

CARRIER GLOBAL Stock Forecast FAQ

Is CARRIER GLOBAL Stock a good buy in 2022, according to Wall Street analysts?

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

Out of 13 analysts, 3 (23.08%) are recommending CARR as a Strong Buy, 1 (7.69%) are recommending CARR as a Buy, 9 (69.23%) 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 2022-2024?

(NYSE: CARR) CARRIER GLOBAL's forecast annual earnings growth rate of -9.58% is not forecast to beat the US Building Products & Equipment industry's average forecast earnings growth rate of 19.75%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 16.37%.

CARRIER GLOBAL's earnings in 2022 is $2,659,000,000.On average, 9 Wall Street analysts forecast CARR's earnings for 2022 to be $1,942,473,612, with the lowest CARR earnings forecast at $1,908,543,942, and the highest CARR earnings forecast at $1,993,368,117. On average, 9 Wall Street analysts forecast CARR's earnings for 2023 to be $2,146,051,633, with the lowest CARR earnings forecast at $2,095,157,127, and the highest CARR earnings forecast at $2,222,393,390.

In 2024, CARR is forecast to generate $2,375,076,906 in earnings, with the lowest earnings forecast at $2,375,076,906 and the highest earnings forecast at $2,375,076,906.

What is CARR's revenue growth forecast for 2022-2024?

(NYSE: CARR) CARRIER GLOBAL's forecast annual revenue growth rate of 0.59% is not forecast to beat the US Building Products & Equipment industry's average forecast revenue growth rate of 6.06%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.39%.

CARRIER GLOBAL's revenue in 2022 is $20,568,000,000.On average, 5 Wall Street analysts forecast CARR's revenue for 2022 to be $16,950,384,393,513, with the lowest CARR revenue forecast at $16,595,001,636,128, and the highest CARR revenue forecast at $17,391,755,113,782. On average, 5 Wall Street analysts forecast CARR's revenue for 2023 to be $17,667,957,896,584, with the lowest CARR revenue forecast at $17,424,582,069,584, and the highest CARR revenue forecast at $17,861,935,516,915.

In 2024, CARR is forecast to generate $18,316,932,392,688 in revenue, with the lowest revenue forecast at $18,316,932,392,688 and the highest revenue forecast at $18,316,932,392,688.

What is CARR's forecast return on assets (ROA) for 2022-2024?

(NYSE: CARR) forecast ROA is 9.82%, which is lower than the forecast US Building Products & Equipment industry average of 14.87%.

What is CARR's Price Target?

According to 12 Wall Street analysts that have issued a 1 year CARR price target, the average CARR price target is $52.25, with the highest CARR stock price forecast at $61.00 and the lowest CARR stock price forecast at $43.00.

On average, Wall Street analysts predict that CARRIER GLOBAL's share price could reach $52.25 by May 24, 2023. The average CARRIER GLOBAL stock price prediction forecasts a potential upside of 29.88% from the current CARR share price of $40.23.

What is CARR's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: CARR) CARRIER GLOBAL's current Earnings Per Share (EPS) is $3.10. On average, analysts forecast that CARR's EPS will be $2.29 for 2022, with the lowest EPS forecast at $2.25, and the highest EPS forecast at $2.35. On average, analysts forecast that CARR's EPS will be $2.53 for 2023, with the lowest EPS forecast at $2.47, and the highest EPS forecast at $2.62. In 2024, CARR's EPS is forecast to hit $2.80 (min: $2.80, max: $2.80).

What is CARR's forecast return on equity (ROE) for 2022-2024?

(NYSE: CARR) forecast ROE is 33.45%, which is considered strong.
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