Carrier Global Corporation (NYSE:CARR), a prominent provider of heating, air conditioning (HVAC), refrigeration, fire and security, and building automation technologies, continues to draw positive attention from both analysts and investors. Based in the United States and originally part of United Technologies Corporation before being spun off in 2020, Carrier Global has firmly established itself as a leader in building technology solutions, catering to residential, commercial, and industrial clients.
The company’s substantial investment in research and development has reinforced its reputation as an innovator, particularly in energy-efficient and automated building systems—an area of rising importance amid changing climate conditions and evolving construction standards. Carrier Global’s extensive product suite and operational expertise position it favorably among industry peers. As modern building management increasingly depends on automation and sustainability, the company's technologies are integral to meeting regulatory requirements and market demands.
Financial analysts have recently upgraded their outlooks on Carrier Global, citing both strong market performance and ongoing strategic initiatives. In February 2025, Wolfe Research elevated Carrier’s rating from ‘Peer Perform’ to ‘Outperform’ with a price target of $80.00, marking the firm's first recommendation since September 2021 (Investing.com). In May 2025, J.P. Morgan also raised its price target from $66.00 to $79.00 while maintaining an ‘Overweight’ rating, an indicator of their positive long-term view. RBC Capital followed suit, increasing its price target to $87.00 from $86.00 and continuing its ‘Outperform’ rating (GuruFocus).
These upgrades are supported by robust quarterly results. In its first quarter of 2025, Carrier Global reported an adjusted profit of 65 cents per share, surpassing analyst expectations of 58 cents. The company consequently raised its full-year earnings guidance to a range of $3.00 to $3.10 per share, citing strong demand for HVAC equipment and services as businesses and homeowners address both rising temperatures and tightening building codes (Reuters).
On the stock market, Carrier Global Corp (CARR) is listed on the New York Stock Exchange and actively traded in the U.S. As of the most recent session on Saturday, June 21, CARR shares traded at $70.47, an increase of $0.58 (0.01%) from the previous close. The session saw an open price of $70.48, an intraday high of $70.83, and a low of $69.87, with an intraday volume totaling 10,629,857 shares.
The fundamental strengths highlighted by analysts include Carrier Global’s historical growth trajectory, financial stability, dividend reliability, and continued innovation. These metrics are measured against those of industry peers to provide investors with a comprehensive view of the company’s value and competitive advantages. As building systems worldwide become smarter and more regulated, Carrier Global’s role as a provider of advanced solutions is expected to remain significant.
While this summary is based on publicly available information and compiled from several analyst reports and market news, detailed proprietary data and specific analyst methodologies are not included due to restrictions in the reported sources. For further analysis and the complete reports, see the original coverage by Argus Analyst Report and the latest updates from Investing.com, GuruFocus, and Reuters.