DailyIQ
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Sector:IndustrialsAll sectors
Last updated 6 minutes ago

CARR·Carrier Global Corporation

$.
+. (+.%)
After Hours
High
$70.40
Open
$68.24
Market Cap
58.11B
52W High
$81.09
Low
$67.82
P. Close
$69.34
P/E
44.36
52W Low
$50.24
Fwd P/E
21.63
DailyIQ Est.
$78.86
Technical Score (1D)
82
BUY
News Sentiment
84
BULLISH
Carrier Global closed the sale of its Riello business to Ariston Group for roughly $440 million, freeing capital that the company plans to deploy into R&D and expansion of its core climate and energy solutions. The transaction signals a strategic pivot toward high‑margin, technology‑driven HVAC and refrigeration products, which could sharpen the company’s competitive edge over the next 10 trading days. Wolfe Research lifted its price target to $80 and maintained an “Outperform” rating, citing upside potential in the Americas Residential and Light Commercial segments and a faster‑than‑expected recovery in European residential markets. The analyst also noted that Carrier expects another quarter of strong orders for Commercial HVAC systems in the Americas, a trend that should support revenue momentum. Record heat in Europe and extreme weather events worldwide are driving higher demand for Carrier’s air‑conditioning products, reinforcing the positive outlook for the company’s European operations. By concentrating on its core high‑margin businesses, Carrier may improve operating margins and reduce the complexity of its global supply chain. The infusion of capital from the Riello sale could accelerate the development of next‑generation intelligent HVAC solutions, potentially opening new revenue streams in the near term. Investors should monitor the company’s Q2 order book, R&D milestones, and any regulatory updates that could affect HVAC demand or supply chain dynamics.
Earnings Summary
Carrier Global Corporation, headquartered in Florida, delivers climate‑control and refrigeration solutions through its HVAC and Refrigeration segments, serving residential, commercial, and transport markets with brands such as Carrier, Bryant, and Toshiba. The building products and equipment industry is driven by construction activity and energy‑efficiency trends. In the most recent two quarters, Carrier’s Q4 2025 EPS of $0.34 fell short of the $0.3819 estimate while revenue slid to $4.837 B from $5.579 B in Q3 2025, reflecting a 13 % decline; the prior two quarters saw Q2 2025 EPS of $0.92 beating the $0.90251 estimate and revenue of $6.113 B, and Q3 2025 EPS of $0.67 beating the $0.56931 estimate with revenue of $5.579 B, indicating strong earnings performance amid a revenue dip. Thus, Carrier has delivered EPS beats in the last four quarters but has experienced a revenue contraction in 2025, followed by a modest rebound to $5.341 B in Q1 2026, though EPS in Q1 2026 missed the $0.83046 estimate. Historically, the company has shown a pattern of earnings resilience with EPS beats, while revenue has fluctuated, suggesting sensitivity to construction demand cycles. Recent news highlights Carrier’s outperformance versus construction‑sector peers, the divestiture of its Riello business freeing $440 M in cash, and the upcoming Q2 2026 earnings release, all pointing to a focus on core HVAC and energy solutions and capital redeployment. Investors should watch for guidance on revenue mix, margin trends, and capital‑expenditure plans in the next earnings call, as well as any commentary on supply‑chain constraints or raw‑material cost pressures that could affect profitability. The key will be whether Carrier can sustain margin expansion and leverage its core business strength while navigating potential macro‑economic headwinds in the construction market.

EPS

EstBeatMiss
$0.25$0.44$0.63$0.82$1.01Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$0.81 - -
Q1'26$0.83$0.57-31.4%
Q4'25$0.38$0.34-11.0%
Q3'25$0.57$0.67+17.7%
Q2'25$0.90$0.92+1.9%
Q1'25$0.58$0.65+11.3%

Revenue

EstBeatMiss
$4.6B$5.1B$5.5B$5.9B$6.3BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$6.1B - -
Q1'26$5.7B$5.3B-6.6%
Q4'25$5.1B$4.8B-5.1%
Q3'25 - $5.6B -
Q2'25 - $6.1B -
Q1'25 - $5.2B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

CARR Stock Snapshot

CARR is currently trading at $70.55, giving Carrier Global Corporation a market cap of 58.11B and a P/E ratio of 44.4. Today's range spans $67.82–$70.40, with shares opening at $68.24 and moving up $1.21 (1.7%) from the prior close. DailyIQ's technical score sits at 82/100 (BUY) with a news sentiment reading of 84/100.

Over the past year CARR has traded between $50.24 and $81.09 - the current price is +40.4% off the 52-week low and -13.0% from the high. 33 analysts cover the stock with a Buy consensus and a mean 12-month target of $76.66 (range $60.00–$90.00), implying upside of +8.7%.

CARR is scoring 82/100 technically (BUY) and sits at $70.55 - in the middle of its 52-week range in its $50.24–$81.09 annual range. Sentiment at 84/100 is bullish. At 58.11B in Industrials market cap The current P/E ratio stands at 44.4., this is the tier where earnings revision cycles have the most impact on price: upward revisions in a large-cap company with bullish momentum tend to attract analyst upgrades, which in turn attract new institutional mandates.

What makes CARR's BUY setup (82/100) particularly actionable at 58.11B in Industrials capitalization is the scale-to-move ratio: large enough to feature on institutional mandates but not so large that the percentage upside is already compressed by index inertia. At $70.55 (in the middle of its 52-week range in $50.24–$81.09), with sentiment running bullish at 84/100, the setup rewards conviction-sized positioning more than it does speculative small bets.