On July 1, 2025, Melius Research, led by analyst Scott Davis, initiated coverage on Carrier Global (CARR, Financial) with a Hold rating. This marks the beginning of the firm's analytical outlook on the stock.
Scott Davis announced a price target of USD 90.00 for Carrier Global (CARR, Financial). This price target reflects the analyst's perspective on the stock as it stands in the current market environment.
The absence of a prior price target and rating from Melius Research indicates that this is the firm's first formal analysis of Carrier Global (CARR, Financial). Investors and stakeholders may find this initiation crucial as it provides a new layer of insight into the company's market valuation and potential future performance.
The news comes at a time when market participants are eager for analytical guidance amidst a volatile trading environment. The Hold rating suggests a cautious outlook, implying that current prices may adequately reflect the company's fundamentals.
Carrier Global (CARR, Financial) continues to be a focal point for investors, and the insights from Melius Research could influence trading decisions and market sentiment in the coming days.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for Carrier Global Corp (CARR, Financial) is $82.53 with a high estimate of $100.00 and a low estimate of $65.32. The average target implies an upside of 12.76% from the current price of $73.19. More detailed estimate data can be found on the Carrier Global Corp (CARR) Forecast page.
Based on the consensus recommendation from 26 brokerage firms, Carrier Global Corp's (CARR, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Carrier Global Corp (CARR, Financial) in one year is $64.76, suggesting a downside of 11.52% from the current price of $73.19. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Carrier Global Corp (CARR) Summary page.
