Sizzling Performance and Analyst Predictions for Carrier Global Corporation (CARR)
Exploring CARR's Financial Muscle
- Q1 2025 Results: Carrier Global showcased robust financial growth, boasting a staggering 147% increase in GAAP EPS to $0.47 and an impressive 27% rise in adjusted EPS to $0.65. Organic sales crawled up by 2%, while total company orders surged with high single-digit growth. The company's backlog soared over 15% sequentially and about 10% year-over-year, setting its foundations for future growth [1].
- Stock Behavior: The stock has experienced a remarkable growth spurt, with a 26% gain in the previous month and a 15% increase over the entire year. This growth can be attributed to positive market sentiments, combined with strategic initiatives [5].
Analysts' Verdicts and Predictions
- Price Targets: Analysts have generally remained bullish, with price targets recently ranging from $71 to $94 per share. Wolf Research and Mizuho have adjusted their targets, with Wolf Research slashing it to $71 and Mizuho to $72, despite maintaining an Outperform rating [3][4].
- Earnings Projections: For 2025, analysts expect earnings of around $2.59 billion, although detailed forecasts for 2025-2027 are absent in the search findings [3].
- ROA and ROE: Specific forecasts for these financial metrics are not provided in the search results.
- General Opinions: Analysts such as RBC Capital and UBS have sustained buy and strong buy ratings, respectively, demonstrating faith in the company's business expansion [3].
Juicy Nuggets of Information
- Green Thumb: Carrier Global has earned recognition for its commitment to sustainability and its digital supply chain management advancements, which have undoubtedly enhanced its overall appeal [4].
- Market Pop: The company's stock performance is dictated by positive market sentiment and strategic growth initiatives, such as its title among "America’s Climate Leaders" [4].
Wall Street Experts Favorable towards Carrier Global Shares?
At the time of publication, Sohini Mondal did not have (either directly or indirectly) positions in the securities mentioned in this article. All information presented here is strictly for informational purposes. To learn more, please check out our website's Disclosure Policy here.
- The impressive financial growth and positive market sentiments experienced by Carrier Global Corporation (CARR) have sparked interest in technology-driven investing, as the company's performance in business is bolstered by advancements in digital supply chain management.
- Anticipating further expansion, analysts from RBC Capital and UBS have continued to recommend investing in Carrier Global Corporation (CARR) with buy and strong buy ratings, while also expressing hope for the company's future earnings and growth prospects as they contribute to its leadership position in the sustainable finance sector.
