Northcoast slashes price target on Carrier Global Corp [CARR] – find out why.

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Carrier Global Corp [NYSE: CARR] surged by $5199927.57 during the normal trading session on Thursday and reaching a high of $73.31 during the day while it closed the day at $5200000.0.

Carrier Global Corp stock has also gained 3.91% of its value over the past 7 days. However, CARR stock has inclined by 8.39% in the 3 months of the year. Over the past six months meanwhile, it has gained 5.99% and gained 12.32% year-on date.

The market cap for CARR stock reached $62.23 billion, with 860.19 million shares outstanding and 805.95 million shares in the current float. Compared to the average trading volume of 5.20M shares, CARR reached a trading volume of 3935216 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Carrier Global Corp [CARR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CARR shares is $82.89 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CARR stock is a recommendation set at 1.92. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Northcoast have made an estimate for Carrier Global Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 09, 2025. While these analysts kept the previous recommendation, JP Morgan raised their target price from $77 to $78. The new note on the price target was released on March 05, 2025, representing the official price target for Carrier Global Corp stock. Previously, the target price had yet another raise to $80, while Wolfe Research analysts kept a Outperform rating on CARR stock.

The Price to Book ratio for the last quarter was 4.51, with the Price to Cash per share for the same quarter was set at 1.99. Price to Free Cash Flow for CARR in the course of the last twelve months was 117.86 with Quick ratio for the last quarter at 0.83.

CARR stock trade performance evaluation

Carrier Global Corp [CARR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.91. With this latest performance, CARR shares gained by 0.36% in over the last four-week period, additionally plugging by 5.99% over the last 6 months – not to mention a rise of 6.34% in the past year of trading.

Carrier Global Corp [CARR]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Carrier Global Corp [CARR] shares currently have an operating margin of 12.26% and a Gross Margin at 27.69%. Carrier Global Corp’s Net Margin is presently recorded at 17.70%.

Return on Equity for this stock inclined to 8.45%, with Return on Assets sitting at 8.45%.

Earnings per share (EPS) analysis for Carrier Global Corp [CARR] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CARR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Carrier Global Corp go to 14.18%.

Carrier Global Corp [CARR]: Institutional Ownership

There are presently around $85.66%, or 91.11% of CARR stock, in the hands of institutional investors. The top three institutional holders of CARR stocks are: CAPITAL RESEARCH GLOBAL INVESTORS with ownership of 95.48 million shares, which is approximately 10.5803%. VANGUARD GROUP INC, holding 94.58 million shares of the stock with an approximate value of $$5.97 billion in CARR stocks shares; and VANGUARD GROUP INC, currently with $$5.26 billion in CARR stock with ownership which is approximately 9.2349%.

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