Robert W. Baird Forecasts Strong Price Appreciation for Carrier Global (NYSE:CARR) Stock

Carrier Global (NYSE:CARR) had its target price lifted by stock analysts at Robert W. Baird from $66.00 to $72.00 in a research report issued on Friday,MarketScreener reports. The brokerage currently has an “outperform” rating on the stock. Robert W. Baird’s price target would indicate a potential upside of 11.12% from the company’s previous close.

A number of other equities analysts also recently weighed in on CARR. Mizuho dropped their target price on Carrier Global from $75.00 to $67.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Wells Fargo & Company increased their price target on shares of Carrier Global from $59.00 to $65.00 and gave the company an “equal weight” rating in a report on Friday. Royal Bank Of Canada cut their price objective on shares of Carrier Global from $75.00 to $70.00 and set an “outperform” rating for the company in a research report on Friday, December 5th. Oppenheimer reissued a “market perform” rating on shares of Carrier Global in a research note on Wednesday, October 29th. Finally, Barclays lowered their price objective on shares of Carrier Global from $74.00 to $72.00 and set an “overweight” rating for the company in a research report on Wednesday, December 10th. Ten investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Carrier Global currently has a consensus rating of “Moderate Buy” and an average price target of $70.44.

Carrier Global Stock Up 2.7%

CARR stock opened at $64.80 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.14 and a debt-to-equity ratio of 0.76. The firm’s 50-day simple moving average is $55.25 and its 200 day simple moving average is $59.52. The stock has a market cap of $54.57 billion, a PE ratio of 14.48, a price-to-earnings-growth ratio of 2.55 and a beta of 1.33. Carrier Global has a fifty-two week low of $50.24 and a fifty-two week high of $81.09.

Carrier Global (NYSE:CARR) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.02). The business had revenue of $4.84 billion during the quarter, compared to the consensus estimate of $5.05 billion. Carrier Global had a return on equity of 16.65% and a net margin of 18.05%.The business’s quarterly revenue was down 6.0% compared to the same quarter last year. During the same period last year, the company earned $0.54 earnings per share. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. As a group, sell-side analysts predict that Carrier Global will post 2.99 EPS for the current year.

Carrier Global declared that its Board of Directors has authorized a share buyback program on Tuesday, October 28th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the company to buy up to 10.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Institutional Investors Weigh In On Carrier Global

A number of institutional investors have recently modified their holdings of the business. AdvisorShares Investments LLC bought a new position in Carrier Global in the second quarter valued at approximately $25,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of Carrier Global during the 2nd quarter worth approximately $26,000. Winnow Wealth LLC acquired a new stake in shares of Carrier Global during the 2nd quarter worth approximately $26,000. Traub Capital Management LLC acquired a new position in shares of Carrier Global during the 2nd quarter valued at $27,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in Carrier Global in the third quarter worth $25,000. Institutional investors own 91.00% of the company’s stock.

Key Carrier Global News

Here are the key news stories impacting Carrier Global this week:

• Positive Sentiment: Management forecasted very strong data‑center revenue growth (~50% for 2026), highlighting momentum in non‑residential segments that could drive higher margins and aftermarket sales going forward. Carrier outlines 50% data center revenue growth for 2026
• Positive Sentiment: Carrier reported strong cash generation and shareholder returns: ~$1.04B operating cash flow, ~$909M free cash flow in 4Q/2025 and roughly $3.7B returned to shareholders in 2025 (dividends + ~$2.9B in buybacks), supporting EPS through buybacks. Carrier Reports 2025 Results and Announces 2026 Outlook
• Neutral Sentiment: Some analysts urge caution on the residential outlook but argue Carrier remains a buy based on aftermarket and data‑center strength and expected margin expansion — this is a mixed, longer‑term view versus the near‑term miss. Carrier: Don’t Get Carried Away By Gloomy Residential Forecast
• Negative Sentiment: Q4 results missed estimates: GAAP/adjusted EPS of $0.34 vs. consensus ~$0.36 and revenue of ~$4.84B vs. ~$5.05B expected. Revenue and EPS fell year‑over‑year, reflecting weaker North American residential demand. Carrier Global shares slide after Q4 earnings and revenue miss forecasts
• Negative Sentiment: FY‑2026 guidance came in below Street forecasts: EPS guidance of $2.80 (company range 2.80–2.80) vs. consensus ~2.87 and revenue guidance ~$22.0B vs. ~$22.5B expected — Reuters and others flag this as the main driver of the stock weakness. Carrier Global forecasts 2026 profit below estimates on weak residential HVAC demand

Carrier Global Company Profile

Carrier Global Corporation is a leading global provider of heating, ventilation and air conditioning (HVAC), refrigeration, fire and security, and building automation solutions. The company designs, manufactures and sells a broad portfolio of products that includes air conditioners, furnaces, heat pumps, chillers, rooftop units, commercial refrigeration systems, fire and smoke detection and suppression systems, security sensors and access controls, and a range of building controls and analytics software.