DailyIQ
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Sector:IndustrialsAll sectors
Last updated 1 minute ago

CARR·Carrier Global Corporation

$.
+. (+.%)
Pre-Market
High
$64.95
Open
$64.95
Market Cap
52.44B
52W High
$81.09
Low
$64.95
P. Close
$64.79
P/E
40.03
52W Low
$50.24
Fwd P/E
20.27
Mean Target
$76.08
Technical Score (1D)
95
BUY
News Sentiment
56
BULLISH
Diamond Hill Capital's Q1 2026 investor letter signals a positive long-term outlook for Carrier Global Corporation (CARR), anticipating market share gains. This strategic conviction in CARR's positioning is noted despite mixed performance in the firm's Large Cap Strategy, which was positively influenced by stock selection in industrials and consumer discretionary sectors. Investors should watch for continued evidence of CARR's ability to capture market share as this could translate into sustained revenue growth.
Earnings Summary
Carrier Global Corporation is a leading provider of climate control and refrigeration solutions, operating within the Industrials sector, specifically in Building Products & Equipment. The company offers a broad portfolio of products and services for both residential and commercial markets, including HVAC systems and transport refrigeration solutions. Carrier's business model relies on its established brands and global presence to address the growing demand for intelligent climate and energy management. In its most recent reported quarters, Carrier Global demonstrated mixed performance. For Q1 2026, the company reported an actual EPS of $0.57 against an estimate of $0.83, and revenue of $5.34 billion against an estimate of $5.72 billion, indicating a miss on both metrics. This follows a Q4 2025 performance where actual EPS was $0.34 versus an estimate of $0.38, and actual revenue was $4.84 billion against an estimate of $5.10 billion, also a miss on both. Comparing these to the prior two quarters, Q3 2025 saw actual EPS of $0.67 against an estimate of $0.57, and Q2 2025 reported actual EPS of $0.92 against an estimate of $0.90, both representing beats. This suggests a recent deceleration in earnings performance after a period of exceeding expectations. Historically, Carrier Global's earnings have shown variability. While the company has experienced periods of strong year-over-year growth, recent quarters indicate a pattern of missing analyst estimates, particularly in Q4 2025 and Q1 2026. Revenue figures have also shown inconsistency, with misses in the most recent periods. Recent news highlights a sell recommendation due to concerns about organic revenue growth falling short of benchmarks, alongside significant insider selling by a director. Conversely, there has been initiation of a new position by Leonteq Securities AG and adjustments by other funds, suggesting some institutional interest. Investors will be watching for Carrier Global's ability to meet revenue growth expectations and its competitive positioning in the HVAC and refrigeration markets in the upcoming quarters. Key will be whether the company can reverse the recent trend of missing analyst estimates and demonstrate stronger organic revenue expansion.

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 $64.95, giving Carrier Global Corporation a market cap of 52.44B and a P/E ratio of 40.0. Today's range spans $64.95–$64.95, with shares opening at $64.95 and moving up $0.16 (0.2%) from the prior close. DailyIQ's technical score sits at 95/100 (BUY) with a news sentiment reading of 56/100.

Over the past year CARR has traded between $50.24 and $81.09 - the current price is +29.3% off the 52-week low and -19.9% from the high. 35 analysts cover the stock with a Buy consensus and a mean 12-month target of $76.08 (range $55.00–$90.00), implying upside of +17.1%.

The Industrials sector has plenty of names, but CARR is one of the few right now where technical and sentiment data are both bullish. Score: 95/100 (BUY). Sentiment: neutral (56/100). Price: $64.95 (in the middle of its 52-week range). The current P/E ratio stands at 40.0. With 52.44B in market cap, this is the scale where fundamental thesis and technical setup reinforce rather than compete with each other. Annual range: $50.24–$81.09.

The combination of a BUY signal (95/100) and neutral news sentiment (56/100) puts CARR on the screens of active managers who run quality-momentum overlays — a cohort that can build meaningful positions at 52.44B in Industrials market cap without immediately moving the stock. At $64.95 (in the middle of its 52-week range in the $50.24–$81.09 range), the entry discipline is clean and the potential re-rating if sentiment continues to improve is meaningful.