Wall Street analyst estimates for Carrier Global Corporation (CARR): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Carrier Global Corporation is a worldwide provider of advanced technological solutions covering heating, ventilation, and air conditioning (HVAC), refrigeration, fire safety, security, and intelligent building automation. Its operations are structured across three primary business segments: HVAC, Refrigeration, and Fire & Security.
Consensus price target
$70.17 (+31 % vs price $53.63)
between $61.00 and $80.00 · 5 targets published in the last quarter
Closing price, Oct 30
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $23.7B | $23.6B – $23.8B | $2.87 | 13 |
| 2027E | $25.1B | $24.5B – $26.2B | $3.19 | 13 |
| 2028E | $26.7B | $25.2B – $28.0B | $3.63 | 7 |
Figures in USD · consensus as of November 2, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 14 |
| Hold | 11 |
| Sell | 1 |
| Strong Sell | 0 |
| Total analysts | 26 |
| Avg rating (−2 sell to +2 buy) | 0.50 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-02-04 | $0.62 | ||
| 2026-10-29 | $0.87 | $0.76 | +14.8% |
| 2026-07-28 | $0.86 | $0.82 | +5.3% |
| 2026-04-30 | $0.57 | $0.51 | +12.2% |
| 2026-02-05 | $0.34 | $0.37 | -9.3% |
| 2025-10-28 | $0.67 | $0.63 | +5.7% |
| 2025-07-29 | $0.92 | $0.91 | +1.5% |
| 2025-05-01 | $0.65 | $0.58 | +11.3% |
Valuation Ratios
| Price / Book | 4.38 |
| Dividend Yield | 1.79% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.81B | $18.91B | $18.61B | $17.46B | $20.61B | $17.29B | $18.95B | $22.49B | $21.75B |
| Cost of Revenue | $12.63B | $13.35B | $13.19B | $12.35B | $14.63B | $12.99B | $13.79B | $16.50B | $16.12B |
| Gross Profit | $5.18B | $5.57B | $5.42B | $5.11B | $5.98B | $4.30B | $5.16B | $5.98B | $5.62B |
| Research & Development | $364.0M | $400.0M | $401.0M | $419.0M | $503.0M | $416.0M | $493.0M | $686.0M | $625.0M |
| Selling, General & Admin | $2.58B | $2.69B | $2.76B | $2.82B | $3.12B | $1.98B | $2.61B | $3.20B | $3.09B |
| Operating Expenses | $2.15B | $1.93B | $2.93B | $2.03B | $3.33B | $2.39B | $3.10B | $3.88B | $3.72B |
| Operating Income | $3.03B | $3.64B | $2.49B | $3.08B | $2.65B | $1.90B | $2.06B | $2.10B | $1.91B |
| EBITDA | $3.65B | $4.28B | $2.59B | $3.49B | $2.69B | $4.45B | $2.80B | $4.09B | $3.53B |
| Interest Expense | $219.0M | $84.0M | $75.0M | $298.0M | $319.0M | $302.0M | $306.0M | $580.0M | $345.0M |
| Pre-tax Income | $3.05B | $3.84B | $2.67B | $2.85B | $2.40B | $3.82B | $2.00B | $2.27B | $1.80B |
| Income Tax | $1.79B | $1.07B | $517.0M | $849.0M | $699.0M | $616.0M | $521.0M | $1.06B | $240.0M |
| Net Income | $1.23B | $2.73B | $2.12B | $1.98B | $1.66B | $3.53B | $1.35B | $5.60B | $1.48B |
| EPS | $0.00 | $3.16 | $2.44 | $2.29 | $1.92 | $4.19 | $1.61 | $6.24 | $1.74 |
| EPS (Diluted) | $0.00 | $3.16 | $2.44 | $2.25 | $1.87 | $4.10 | $1.63 | $6.15 | $1.70 |
| Shares Outstanding (Diluted) | 872.8 M | 872.8 M | 866.2 M | 880.2 M | 890.3 M | 861.2 M | 853.0 M | 911.7 M | 846.7 M |
Price
| Price | $53.63 (closing price, October 30, 2026) |
| Market Cap | $44.2B |
| Exchange | NYSE |
| Country | US |
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Explore sector: Industrials · Industrial - Machinery
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