Carrier Global

CARR · NYSE

$56.17+$0.96 (+1.74%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $55.21

CARR analyst rating

BuyConsensus of 14 analysts over the last 12 months. 57% rate it a buy.

Strong buy0
Buy8
Hold6
Underperform0
Sell0

12-month price target · 26 analysts

Average $76.90 (+36.9% upside)

Low: $60.60
Now: $56.17
High: $94.50

Upgrades and downgrades

The latest rating actions, newest first

CARR analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Mizuho	Oct 15, 2026	Maintains	Outperform	$75.00 → $70.00	66%
Goldman Sachs	Oct 14, 2026	Downgrade	Buy → Neutral	$74.00 → $61.00	59%
RBC Capital	Oct 14, 2026	Maintains	Outperform	$82.00 → $72.00	43%
JP Morgan	Oct 9, 2026	Initiates	Neutral	$61.00	50%
Bernstein	Oct 7, 2026	Maintains	Market Perform	$78.00 → $64.00	25%
Goldman Sachs	Sep 30, 2026	Maintains	Buy	$85.00 → $74.00	59%
Wells Fargo	Sep 25, 2026	Initiates	Overweight	$67.00	60%
Citigroup	Jul 13, 2026	Maintains	Buy	$79.00 → $80.00	63%
Bernstein	Jun 10, 2026	Initiates	Market Perform	$75.00	25%
Morgan Stanley	May 28, 2026	Maintains	Equal-Weight	$55.00 → $60.00	68%

The case for and against

Updated May 24, 2026

Bull case

Carrier Global is a leading HVAC and refrigeration company, maintaining strong performance and exceeding earnings expectations in recent quarters due to its focus on global solutions and investments in sustainability. The company's acquisition of Viessmann Climate Solutions and divestiture of non-core businesses have also positioned it for future growth. While there are potential risks, Carrier's strong financials and strategic initiatives make it a promising investment opportunity.

Bear case

Carrier Global is facing potential risks in the near-term from macroeconomic challenges and a pending lawsuit for HVAC price fixing, and they are also anticipating difficulties in the residential market. However, the company remains optimistic about their long-term prospects in areas such as electrification and datacenters, and are taking steps to reduce costs and increase aftermarket growth and sustainability efforts through digital integration and expanding their product and service offerings.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.