11 stories mentioning CARRUpdated 2d ago
Every FINWIRES story that references CARR, newest first.
Carrier Global (CARR) has an average rating of overweight and mean price target of $77.54, according to analysts polled by FactSet.Price: $59.60, Change: $-0.32, Percent Change: -0.53%
Carrier Global (CARR) reported "solid" Q2 results and raised its 2026 outlook as its Americas residential heating, ventilation and air conditioning business rebounded and data center demand accelerated, RBC Capital Markets said in a note Wednesday.Organic sales rose 3% compared with a consensus estimate for a 1.7% decline, while Americas revenue increased 4%. Residential sales climbed 9% and orders rose about 70%, prompting Carrier to raise its 2026 Americas residential outlook to high-single-digit growth from a previously expected high-single-digit decline, according to the note.Carrier also increased its 2026 data center revenue forecast to $2 billion from their previous estimate of $1.5 billion after orders surged 300%. RBC said the rapid expansion could create some near-term margin headwinds as the company adds capacity.Meanwhile, Carrier raised its 2026 earnings guidance to about $2.90 per share from $2.80 and increased its organic sales growth outlook. The company expects nearly $6 billion in revenue, 10% organic growth, an operating margin of about 16.5% and adjusted EPS of $0.75, with the Americas remaining its most profitable region, the note said.RBC maintained an outperform rating on Carrier Global and raised its price target to $82 from $81, adding that Carrier's roughly 9% share-price decline appeared tied to a broader "selloff" in data center-related stocks rather than company-specific concerns.Price: $60.54, Change: $-2.63, Percent Change: -4.16%
Carrier Global (CARR) said Monday that it has agreed to sell its Noresco business to Opterra Energy Services, a unit of LS Power.Financial terms of the deal were not disclosed.The deal is slated to close "shortly," Carrier said.Price: $69.66, Change: $+0.76, Percent Change: +1.10%
Carrier Global (CARR) said Thursday it has acquired 75F, a provider of building automation systems.Financial details were not disclosed.Carrier said the acquisition strengthens its intelligent building capabilities across applications, ranging from complex applied systems and high-growth data centers to light commercial and retrofits.Carrier shares were 1.7% higher in Thursday trading.Price: $68.90, Change: $+0.81, Percent Change: +1.19%
Carrier Global (CARR) has an average rating of overweight and mean price target of $76.40, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Maximilian Viessmann, Director, on May 20, 2026, sold 12,094,823 shares in Carrier Global (CARR) for $749,999,974. Following the Form 4 filing with the SEC, Viessmann has control over a total of 37,979,286 common shares of the company, with 37,979,286 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1783180/000095014226001463/xslF345X05/es260782624_4-viessmann.xml
Wells Fargo Adjusts Carrier Global Price Target to $71 From $58
(Updates with the latest stock price movement in the headline and first paragraph.)Carrier Global (CARR) shares rose 9.4% in Thursday trading after its Q1 adjusted earnings and revenue exceeded market expectations.The company reported Q1 adjusted earnings Thursday of $0.57 per diluted share, down from $0.65 a year earlier.Analysts surveyed by FactSet expected $0.51.Revenue for the quarter ended March 31 was $5.34 billion, up from $5.22 billion a year earlier.Analysts polled by FactSet expected $5.01 billion.Carrier Global reaffirmed its full-year 2026 adjusted earnings outlook of $2.80 per share. Analysts polled by FactSet expect $2.78.The company also reaffirmed its full-year sales outlook of about $22 billion. Analysts surveyed by FactSet expect $21.93 billion.Price: $67.57, Change: $+5.83, Percent Change: +9.44%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Carrier Global Corporation (CARR) reported mixed Q1 2026 results with net sales rising 2% to $5.3B, though organic sales declined 1% as FX tailwinds offset underlying volume pressure. Adjusted operating margin contracted 520 bps to 11.1%, reflecting lower residential volumes, factory under-absorption, and ongoing China challenges, with CSA segment margins declining 730 bps on a ~12% decline in residential sales. Commercial HVAC emerged as a clear standout with orders surging 35% overall and data center orders jumping over 500%, which led to strong sequential backlog growth. Sales performance exceeded management's expectations, supported by Commercial HVAC and Light Commercial strength, while weakness in Residential was less severe than anticipated. The robust data center order momentum has built a backlog that now fully covers expected 2026 data center sales, positioning CARR well for continued growth in this high-margin segment despite near-term residential headwinds and persistent China market challenges.
Carrier Global (CARR) has an average rating of overweight and mean price target of $71.28, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Carrier Global (CARR) has an average rating of overweight and mean price target of $71.28, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
