Robert W. Baird Boosts Carrier Global (NYSE:CARR) Price Target to $72.00

Carrier Global (NYSE:CARR) had its price objective hoisted by research analysts at Robert W. Baird from $66.00 to $72.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The brokerage presently has an “outperform” rating on the stock. Robert W. Baird’s target price indicates a potential upside of 12.54% from the company’s previous close.

A number of other research analysts have also issued reports on CARR. Mizuho lowered their target price on shares of Carrier Global from $75.00 to $67.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. The Goldman Sachs Group decreased their price target on shares of Carrier Global from $72.00 to $68.00 and set a “buy” rating for the company in a report on Tuesday, December 16th. Barclays dropped their price objective on Carrier Global from $74.00 to $72.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. Weiss Ratings restated a “hold (c+)” rating on shares of Carrier Global in a research note on Monday, December 29th. Finally, JPMorgan Chase & Co. raised their target price on Carrier Global from $60.00 to $63.00 and gave the company a “neutral” rating in a report on Friday, January 16th. Ten research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $70.56.

Carrier Global Stock Performance

Shares of NYSE CARR opened at $63.98 on Friday. The business’s 50-day simple moving average is $55.44 and its 200-day simple moving average is $59.32. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.75 and a current ratio of 1.20. Carrier Global has a 52 week low of $50.24 and a 52 week high of $81.09. The firm has a market cap of $53.88 billion, a price-to-earnings ratio of 37.42, a P/E/G ratio of 2.61 and a beta of 1.33.

Carrier Global (NYSE:CARR) last announced its earnings results 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). Carrier Global had a return on equity of 15.30% and a net margin of 6.82%.The company had revenue of $4.84 billion for the quarter, compared to the consensus estimate of $5.05 billion. During the same period in the previous year, the company earned $0.54 EPS. The firm’s revenue for the quarter was down 6.0% compared to the same quarter last year. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. As a group, equities research analysts expect that Carrier Global will post 2.99 earnings per share for the current fiscal year.

Carrier Global declared that its board has approved a stock repurchase plan on Tuesday, October 28th that permits the company to repurchase $5.00 billion in shares. This repurchase authorization permits the company to buy up to 10.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Institutional Trading of Carrier Global

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

Key Headlines Impacting Carrier Global

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

• Positive Sentiment: Several major brokers raised targets and kept favorable ratings, signaling buyside optimism and supporting upside. Highlights: Baird raised its target to $72 and kept an outperform rating. Baird Raises PT
• Positive Sentiment: RBC raised its target to $74 and maintained an outperform, and Goldman Sachs also lifted its target to $74 and kept a buy — both imply mid‑teens upside vs. recent levels. RBC Raises PT Goldman Raises PT
• Positive Sentiment: Baird/RBC/Goldman’s moves reflect confidence in non‑residential end markets (notably data centers and aftermarket), which analysts cite as durable growth drivers.
• Neutral Sentiment: Carrier highlighted plans for ~50% data‑center revenue growth in 2026 and reiterated margin expansion, buybacks and free cash flow generation — positives for medium‑term earnings power but partially offset by soft residential demand. Data Center Growth
• Neutral Sentiment: Company press release and investor materials show strong cash flow and ~$3.7B returned to shareholders in 2025, supporting buyback-led EPS support. Company PR
• Negative Sentiment: Q4 results missed: adjusted EPS of $0.34 vs. consensus $0.36 and revenue ~$4.84B vs. ~$5.05B — revenue and EPS were down year‑over‑year, prompting near‑term investor caution. Q4 Results
• Negative Sentiment: FY‑2026 guidance below consensus: company issued EPS guidance of $2.80 (Street ~2.87) and revenue guide roughly $22.0B vs. Street ~$22.5B — a key driver of downward pressure after the print. Guidance Miss
• Negative Sentiment: Street reaction to the miss was immediate: several outlets report shares fell on the results and guidance. Continued residential weakness remains the primary risk to near‑term revenue. Market Reaction

About Carrier Global

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.