Carrier Global (NYSE:CARR) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Carrier Global (NYSE:CARR) had its price target hoisted by research analysts at Royal Bank Of Canada from $70.00 to $74.00 in a note issued to investors on Friday, MarketBeat reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 15.66% from the company’s current price.

Several other equities analysts have also issued reports on the company. JPMorgan Chase & Co. boosted their price target on Carrier Global from $60.00 to $63.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Carrier Global in a research note on Monday, December 29th. Rothschild & Co Redburn cut their target price on shares of Carrier Global from $67.00 to $61.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 21st. Oppenheimer reaffirmed a “market perform” rating on shares of Carrier Global in a research note on Wednesday, October 29th. Finally, Wells Fargo & Company upped their price objective on shares of Carrier Global from $59.00 to $65.00 and gave the company an “equal weight” rating in a report on Friday. Ten investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Carrier Global currently has a consensus rating of “Moderate Buy” and an average target price of $70.56.

Carrier Global Price Performance

CARR stock opened at $63.98 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.20 and a debt-to-equity ratio of 0.80. The firm has a market cap of $53.88 billion, a price-to-earnings ratio of 37.42, a PEG ratio of 2.61 and a beta of 1.33. The company’s fifty day simple moving average is $55.44 and its 200 day simple moving average is $59.32. Carrier Global has a 12-month low of $50.24 and a 12-month high of $81.09.

Carrier Global (NYSE:CARR) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate 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 15.30% and a net margin of 6.82%.The business’s revenue was down 6.0% on a year-over-year basis. During the same period last year, the business posted $0.54 earnings per share. Carrier Global has set its FY 2026 guidance at 2.800-2.800 EPS. On average, analysts expect that Carrier Global will post 2.99 earnings per share for the current year.

Carrier Global announced that its board has approved a stock repurchase program on Tuesday, October 28th that allows the company to buyback $5.00 billion in shares. This buyback authorization allows the company to repurchase up to 10.1% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Hedge Funds Weigh In On Carrier Global

Large investors have recently added to or reduced their stakes in the business. AdvisorShares Investments LLC bought a new stake in Carrier Global during the 2nd quarter worth approximately $25,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Carrier Global during the second quarter valued at approximately $26,000. Winnow Wealth LLC bought a new stake in Carrier Global during the second quarter worth $26,000. Traub Capital Management LLC purchased a new stake in Carrier Global in the 2nd quarter valued at $27,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in Carrier Global during the 3rd quarter valued at $25,000. Institutional investors own 91.00% of the company’s stock.

Trending Headlines about 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.