Carpenter Technology Corp's stock fell by 5.09% as it crossed below its 5-day SMA, reflecting investor caution ahead of its upcoming earnings report.
The company is set to announce its Q2 earnings on January 29, with a consensus EPS estimate of $2.22 and revenue at $734.31 million. Despite a strong historical performance of beating EPS estimates 88% of the time, recent mixed revisions in estimates suggest uncertainty in investor sentiment regarding future performance. Additionally, Carpenter Technology announced a proposed $700 million private offering of senior notes to support growth initiatives, which may also influence market perception.
The upcoming earnings report will be closely watched by investors, especially given the mixed estimate revisions and the company's efforts to secure additional capital. This context may lead to increased volatility in Carpenter Technology's stock as market participants react to the earnings announcement.
Wall Street analysts forecast CRS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRS is 389.67 USD with a low forecast of 365.00 USD and a high forecast of 425.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast CRS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRS is 389.67 USD with a low forecast of 365.00 USD and a high forecast of 425.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 331.610
Low
365.00
Averages
389.67
High
425.00
Current: 331.610
Low
365.00
Averages
389.67
High
425.00
TD Cowen
Gautam Khanna
Buy
maintain
$340 -> $380
2025-11-14
Reason
TD Cowen
Gautam Khanna
Price Target
$340 -> $380
AI Analysis
2025-11-14
maintain
Buy
Reason
TD Cowen analyst Gautam Khanna raised the firm's price target on Carpenter Technology to $380 from $340 and keeps a Buy rating on the shares. The firm updated its model following meetings with management.
KeyBanc
Sector Weight -> Overweight
upgrade
$380
2025-11-13
Reason
KeyBanc
Price Target
$380
2025-11-13
upgrade
Sector Weight -> Overweight
Reason
KeyBanc last night upgraded Carpenter Technology to Overweight from Sector Weight with a $380 price target. The firm expects strong pricing and cost control to "carry the day" in fiscal 2026. Carpenter is sees materially higher prices and has potential mix upside late in fiscal 2026, the analyst tells investors in a research note. KeyBanc believes this should provide the company the bandwidth to exceed EBIT expectations as B-737 and MAX growth resumes.
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KeyBanc
Sector Weight -> Overweight
upgrade
$380
2025-11-12
Reason
KeyBanc
Price Target
$380
2025-11-12
upgrade
Sector Weight -> Overweight
Reason
KeyBanc upgraded Carpenter Technology to Overweight from Sector Weight with a $380 price target.
JPMorgan
Bennett Moore
Overweight
maintain
$305 -> $388
2025-10-29
Reason
JPMorgan
Bennett Moore
Price Target
$305 -> $388
2025-10-29
maintain
Overweight
Reason
JPMorgan analyst Bennett Moore raised the firm's price target on Carpenter Technology to $388 from $305 and keeps an Overweight rating on the shares. The firm updated the company's model to reflect the fiscal Q1 beat and growing confidence in Boeing's ramp.
About CRS
Carpenter Technology Corporation is engaged in the manufacturing, fabrication and distribution of specialty metals. The Company operates in two segments: Specialty Alloys Operations (SAO) and Performance Engineered Products (PEP). The SAO segment comprises its premium alloy and stainless-steel manufacturing operations. This includes operations performed at mills primarily in Reading and Latrobe, Pennsylvania and surrounding areas, as well as South Carolina and Alabama. The PEP segment comprises its differentiated operations. This segment includes the Dynamet titanium business, the Carpenter Additive business and the Latrobe and Mexico distribution businesses. It provides specialty alloy-based materials and process solutions for critical applications in the aerospace, defense, medical, transportation, energy, industrial and consumer markets. The Company operates its own network of service and distribution centers, located in the United States, Canada, Mexico, Europe and Asia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
