38/100BCarrier Global stock forecast 2026–2030What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Carrier Global is 68.40, 26.1% above the current price of 54.26. Their targets range from 61.00 to 80.00.
Of the 13 firms that rated Carrier Global in the past 12 months, 8 rate it buy or strong buy, 5 hold and 0 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 61.00 to 80.00, with an average of 68.40.
| Buy | 8 | |
| Hold | 5 | |
| Sell | 0 |
12-month price target
| Highest target | 80.00 |
| Average target | 68.40 |
| Lowest target | 61.00 |
| Current price | 54.26 |
Carrier Global price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Carrier Global price target and rating?
How analysts rate Carrier Global, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
8 of 13 firms rate it buy now, against 7 of 11 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Carrier Global analyst upgrades, downgrades and price targets
The latest rating change came on 14 October 2026, when Goldman Sachs downgraded Carrier Global from Buy to Neutral. Its price target is 61.00, from 74.00. The most recent new target came from Mizuho Securities on 15 October 2026: 70.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 15 Oct 2026 | Mizuho Securities | Reiterated · Outperform | 67.00 → 70.00 | +4.5% | 54.24 |
| 14 Oct 2026 | Goldman Sachs | Downgraded · Buy → Neutral | 74.00 → 61.00 | -17.6% | 55.03 |
| 7 Oct 2026 | Bernstein | Reiterated · Market Perform | 78.00 → 64.00 | -17.9% | 56.10 |
| 30 Sept 2026 | Goldman Sachs Joe Ritchie | Reiterated · Buy | 74.00 | — | 55.38 |
| 24 Sept 2026 | Wells Fargo | — | 59.00 → 67.00 | +13.6% | 54.87 |
| 30 Jul 2026 | Bernstein | — | 75.00 → 78.00 | +4.0% | 59.92 |
| 9 Jul 2026 | Wolfe Research | — | 74.00 → 80.00 | +8.1% | 68.15 |
| 9 Jun 2026 | Bernstein | — | 75.00 | — | 71.24 |
| 1 May 2026 | Barclays | Reiterated · Overweight | 72.00 → 79.00 | +9.7% | 67.17 |
| 14 Apr 2026 | BNP Paribas | — | 62.00 | — | 64.32 |
| 6 Feb 2026 | RBC Capital | Reiterated · Outperform | 70.00 → 74.00 | +5.7% | 64.35 |
| 8 Jan 2026 | Morgan Stanley | — | 60.00 → 55.00 | -8.3% | 52.75 |
| 5 Jan 2026 | UBS | Reiterated · Buy | 70.00 | — | 53.67 |
| 5 Jan 2026 | Mizuho Securities Brett Linzey | Reiterated · Outperform | 75.00 → 67.00 | -10.7% | 53.24 |
| 10 Dec 2025 | Barclays Carrier Global to | Reiterated · Overweight | 83.00 → 72.00 | -13.3% | 52.90 |
| 9 Dec 2025 | Wolfe Research | — | 74.00 | — | 53.03 |
| 5 Dec 2025 | RBC Capital | Reiterated · Outperform | 70.00 | — | 54.66 |
| 4 Dec 2025 | Wells Fargo Joseph O'Dea | Reiterated · Equal Weight | 75.00 → 59.00 | -21.3% | 54.62 |
Carrier Global EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Revenue
EPS
Does Carrier Global beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 8.4% off the result, either way, and their revenue estimate 3.6%, over the last 12 quarters.
- EPS beats
- 24 / 27
- Revenue beats
- 15 / 27
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +6.8%
- Since
- May 2020
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q3 FY2026 | 29 Oct 2026 | 0.76 | 0.87 | +14.8% | 6.09B | 6.26B | +2.8% |
| Q2 FY2026 | 28 Jul 2026 | 0.82 | 0.86 | +5.3% | 6.02B | 6.35B | +5.5% |
| Q1 FY2026 | 30 Apr 2026 | 0.51 | 0.57 | +12.2% | 5.01B | 5.34B | +6.5% |
| Q4 FY2025 | 5 Feb 2026 | 0.37 | 0.34 | -9.3% | 5.05B | 4.84B | -4.2% |
| Q3 FY2025 | 28 Oct 2025 | 0.63 | 0.67 | +5.7% | 5.65B | 5.58B | -1.3% |
| Q2 FY2025 | 29 Jul 2025 | 0.91 | 0.92 | +1.5% | 6.11B | 6.11B | +0.1% |
| Q1 FY2025 | 1 May 2025 | 0.58 | 0.65 | +11.3% | 5.19B | 5.22B | +0.6% |
| Q4 FY2024 | 11 Feb 2025 | 0.50 | 0.54 | +7.4% | 5.31B | 5.15B | -3.0% |
| Q3 FY2024 | 24 Oct 2024 | 0.81 | 0.83 | +2.9% | 6.59B | 5.98B | -9.2% |
| Q2 FY2024 | 25 Jul 2024 | 0.85 | 0.87 | +2.8% | 7.05B | 6.69B | -5.2% |
| Q1 FY2024 | 25 Apr 2024 | 0.50 | 0.62 | +23.3% | 6.34B | 6.18B | -2.4% |
| Q4 FY2023 | 6 Feb 2024 | 0.51 | 0.53 | +3.9% | 5.23B | 5.10B | -2.4% |
Carrier Global stock price 2026–2030: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Carrier Global's earnings keep growing at the 12.0% a year analysts expect to FY2028, it would earn about 4.54 a share in FY2030. At the P/E it has traded at over the last five years (9.8 to 35.7) that is 44.71 to 162.05 a share, or 104.53 at its average P/E of 23.0. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2026 | 2.87 | 28.22 | 65.98 | 102.29 |
| FY2027 | 3.18 | 31.30 | 73.18 | 113.45 |
| FY2028 | 3.62 | 35.66 | 83.37 | 129.25 |
| FY2029 (extrapolated) | 4.06 | 39.93 | 93.35 | 144.72 |
| FY2030 (extrapolated) | 4.54 | 44.71 | 104.53 | 162.05 |
Each year's EPS is the analysts' consensus to FY2028; the years after grow 12.0% a year (the analysts' growth, at most 15%). Bear, base and bull apply the lowest, average and highest P/E of today and the last five fiscal year ends, leaving out any above 60, the mark of a year of collapsed earnings (9.8, 23.0, 35.7).
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 235.690 | 464.49205Price 235.69627 | +97.1% | |
| 28.860 | 56.2634Price 28.8696 | +94.9% | |
| 199.110 | 384.58163Price 199.112,644 | +93.1% | |
| 123.990 | 237.24178Price 123.99297 | +91.3% | |
| 157.820 | 297.58169Price 157.82471 | +88.6% | |
| 162.670 | 305.52160Price 162.67396 | +87.8% | |
| 216.610 | 405.38304Price 216.61507 | +87.1% |
Furthest below the fair value on each stock's page, updated every day.