Carrier Global Corp's stock price fell by 4.68% during regular trading, hitting a 20-day low. This decline occurs amid broader market strength, with the Nasdaq-100 up 0.31% and the S&P 500 up 0.11%. The movement suggests sector rotation as investors shift their focus to other areas of the market.
The recent acquisition of CCG Automation by Automated Logic, a subsidiary of Carrier Global Corp, aims to strengthen its market position in building automation. This strategic move is expected to enhance Automated Logic's service capabilities and drive innovation in intelligent building technologies. However, the market's positive sentiment towards this acquisition has not translated into immediate gains for Carrier Global Corp's stock, indicating a potential sector rotation.
As the market continues to evolve, Carrier Global Corp may need to leverage its recent acquisition to regain investor confidence and improve its stock performance. The focus on building automation solutions could provide long-term growth opportunities, but the current stock movement reflects a cautious approach from investors.
Wall Street analysts forecast CARR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CARR is 69.08 USD with a low forecast of 55.00 USD and a high forecast of 90.00 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.
14 Analyst Rating
Wall Street analysts forecast CARR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CARR is 69.08 USD with a low forecast of 55.00 USD and a high forecast of 90.00 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.
9 Buy
5 Hold
0 Sell
Moderate Buy
Current: 57.070
Low
55.00
Averages
69.08
High
90.00
Current: 57.070
Low
55.00
Averages
69.08
High
90.00
JPMorgan
Neutral
maintain
$60 -> $63
2026-01-16
Reason
JPMorgan
Price Target
$60 -> $63
AI Analysis
2026-01-16
maintain
Neutral
Reason
JPMorgan raised the firm's price target on Carrier Global to $63 from $60 and keeps a Neutral rating on the shares. The firm adjusted ratings and targets in the electrical equipment and multi-industry group as part of its Q4 earnings preview. JPMorgan is more positive on "growth related names into and out of the quarter."
Morgan Stanley
Equal Weight
downgrade
$60 -> $55
2026-01-08
Reason
Morgan Stanley
Price Target
$60 -> $55
2026-01-08
downgrade
Equal Weight
Reason
Morgan Stanley lowered the firm's price target on Carrier Global to $55 from $60 and keeps an Equal Weight rating on the shares after updating estimates ahead of Q4 earnings.
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Mizuho
Brett Linzey
Outperform
to
NULL
downgrade
$75 -> $67
2026-01-05
Reason
Mizuho
Brett Linzey
Price Target
$75 -> $67
2026-01-05
downgrade
Outperform
to
NULL
Reason
Mizuho analyst Brett Linzey lowered the firm's price target on Carrier Global to $67 from $75 and keeps an Outperform rating on the shares. The firm adjusted ratings and price targets in the electrical equipment and multi-industry group as part of its 2026 outlook. It sees "uneven terrain ahead" for the sector but says the "tariff fog" is clearing.
UBS
Buy -> Buy
downgrade
$73 -> $70
2026-01-05
Reason
UBS
Price Target
$73 -> $70
2026-01-05
downgrade
Buy -> Buy
Reason
UBS lowered the firm's price target on Carrier Global to $70 from $73 and keeps a Buy rating on the shares.
About CARR
Carrier Global Corporation is engaged in providing intelligent climate and energy solutions with a focus on providing digitally enabled lifecycle solutions to its customers. The Company’s segment include Climate Solutions Americas, which provides products, controls, services and solutions to meet the heating, ventilation and cooling (HVAC) needs of residential and commercial customers in North and South America; Climate Solutions Europe segment provides products, controls, services and solutions to meet the HVAC needs of residential and commercial customers in Europe; Climate Solutions Asia Pacific, Middle East & Africa segment provides products, controls, services and solutions to meet the HVAC needs of residential and commercial customers in Asia Pacific, the Middle East and Africa; and Climate Solutions Transportation segment includes global transport refrigeration and monitoring products, services and digital solutions for trucks, trailers, shipping containers, intermodal and rail.
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.
