Carrier Global Analysis (March) 2026 | Price, Valuation & Outlook

Carrier Global

NYSE:CARR

$ 54,25

$-0,42 (-0,77%)

54,25 $

$-0,42 (-0,77%)

End-of-day quote: 03/27/2026

Carrier Global Stock Value

According to analysts, the current valuation of NYSE:CARR is Outperform.

Outperform

Carrier Global Company Info

EPS Growth 5Y

9,30%

Market Cap

$45,32 B

Long-Term Debt

$11,37 B

Short Interest

2,44%

Annual earnings

N/A

Dividend

$0,95

Dividend Yield

1,76%

Founded

2019

Industry

Industrials

Country

United States

ISIN Number

US14448C1045

Website

http://www.corporate.carrier.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$72,00

32.72%

Last Update: 03/28/2026

Analysts: 21

Highest Price Target $90,00

Average Price Target $72,00

Lowest Price Target $55,00

In the last five quarters, Carrier Global’s Price Target has fallen from $65,64 to $64,62 - a -1,55% decrease. Twenty Five analysts predict that Carrier Global’s share price will increase in the coming year, reaching $72,00. This would represent an increase of 32,72%.

Top growth stocks in the industrials sector (5Y.)

What does Carrier Global do?

Carrier Global Corporation operates as a leader in intelligent climate and energy solutions with a focus on providing differentiated, digitally-enabled lifecycle solutions to its customers. The company's portfolio includes industry-leading brands, such as Carrier, Viessmann, Toshiba, Automated Logic and Carrier Transicold that offer innovative heating, ventilating and air conditioning (‘HVAC’), refrigeration and cold chain transportation solutions to help make the world safer and more comfortab...

Carrier Global Corporation operates as a leader in intelligent climate and energy solutions with a focus on providing differentiated, digitally-enabled lifecycle solutions to its customers.

The company's portfolio includes industry-leading brands, such as Carrier, Viessmann, Toshiba, Automated Logic and Carrier Transicold that offer innovative heating, ventilating and air conditioning (‘HVAC’), refrigeration and cold chain transportation solutions to help make the world safer and more comfortable. The company also provides a broad array of related building services, including audit, design, installation, system integration, repair, maintenance, and monitoring.

The company sells its products and services through certain key distributor, joint venture and similar relationships, including the Carrier Enterprise joint ventures with Watsco, Inc., AHI-Carrier FZC, a United Arab Emirates-based joint venture and various joint ventures with members of the Midea Group.

Business Segments

The company operates through two segments: HVAC and Refrigeration.

HVAC

This segment provides products, controls, services and solutions to meet the heating, cooling and ventilation needs of the company’s customers while enhancing building performance, health and energy efficiency. Products and services include air conditioners, heating systems, heat pumps, building automation systems, aftermarket components, repair and maintenance services and rentals, as well as modernization and upgrades through the product lifecycle. The company products and services cover a wide range of customers, including in the residential, commercial, education, healthcare, technology, retail, hospitality, data center, and infrastructure markets, among others. Products and solutions are sold directly to building contractors and owners and indirectly through joint ventures, independent sales representatives, distributors, wholesalers, dealers and retail outlets. The company’s established brands include Carrier, Viessmann, Toshiba, Automated Logic, Bryant, CIAT, Day & Night, Heil, NORESCO and Riello which offer an innovative and complete portfolio of products that provide numerous solutions for its customers. These products, in addition to the markets they serve, provide future service opportunities, including replacement components, preventative and on-demand contractual maintenance and repair, digital monitoring, and modifications/upgrades.

Refrigeration

This segment provides products, services and monitoring for reliable transport and preservation of food, medicine and other perishable cargo. Products include trucks, trailers, shipping containers and intermodal applications to meet customer needs for both ground transport and ocean freight, while services include maintenance, repair, and monitoring. Products and services are sold directly to transportation companies and indirectly through joint ventures, independent sales representatives, distributors, wholesalers and dealers. Products and services are sold under established brand names, including Carrier Transicold and Sensitech. The company provides customers the flexibility to select solutions from a very broad range of technologies, including fossil fuel applications and electric solutions to best adhere to their objectives and preferences, as well as regulatory requirements. In addition, the company’s focus on digitalization and innovation is expanding its offering of service and aftermarket solutions, including on-demand and subscription-based monitoring of customer cargo. Through the lifecycle of the product, the company also offers modifications and upgrades to the installed base, improving energy efficiency, noise or other customer requirements.

Portfolio Transformation

In 2023, the company began the journey to further simplify its company and accelerate its business strategy. The company’s actions transformed its business portfolio in an effort to establish it as a pure-play, global leader in intelligent climate and energy solutions. The company’s greater focus on breakthrough innovation, electrification, energy-efficient solutions, the use of environmentally friendly refrigerants and connected ecosystems will further strengthen its global leadership position in its end-markets and provide responsible solutions for its customers.

On April 25, 2023, the company announced that it entered into a Share Purchase Agreement (the ‘Agreement’) to acquire the climate solutions business (the ‘VCS Business’) of Viessmann Group GmbH & Co. KG (‘Viessmann’), a privately-held company. The VCS Business develops intelligent, integrated and sustainable technologies, including heat pumps, boilers, photovoltaic systems, home battery storage, and digital solutions, primarily for residential customers in Europe. The acquisition was completed on January 2, 2024, and reported within the company’s HVAC segment.

On June 2, 2024, the company completed the sale of its Access Solutions business (‘Access Solutions’) to Honeywell International Inc. (‘Honeywell’). Access Solutions, historically reported in the company’s Fire & Security segment, is a global supplier of physical security and digital access solutions supporting the hospitality, commercial, education and military markets.

On July 1, 2024, the company completed the sale of its Industrial Fire business (‘Industrial Fire’). Industrial Fire, historically reported in the company’s Fire & Security segment, is a leading manufacturer of a full spectrum of fire detection and suppression solutions and services in critical high-hazard environments, including oil and gas, power generation, marine and offshore facilities, automotive, data centers, and aircraft hangars.

On October 1, 2024, the company completed the sale of its Commercial Refrigeration business (‘CCR’). CCR, historically reported in the company’s Refrigeration segment, is a global supplier of turnkey solutions for commercial refrigeration systems and services, with a primary focus on serving food retail customers, cold storage facilities and warehouses.

On December 2, 2024, the company completed the sale of its Commercial and Residential Fire business (‘CRF Business’). The CRF Business, historically reported in the company’s Fire & Security segment, is a leading manufacturer of fire detection and alarm solutions for both commercial and residential applications.

Business Strategy

The company’s strategy is supported by significant favorable secular trends, its industry-leading brands and track record of innovation. The company’s business strategy is built around the following pillars to drive long-term growth and deliver shareholder value.

The key elements of the company’s strategy are differentiated products, channels, and brands; digitally-enabled lifecycle solutions; expand portfolio with energy management solutions; and strategic capital allocation.

Intellectual Property

The company holds approximately 12,000 active patents and pending patent applications worldwide.

Joint Ventures and Strategic Relationships

The company’s joint ventures and strategic relationships are an important part of its business. The company holds direct ownership interests in approximately 55 joint ventures. These relationships engage in distribution, manufacturing and product development activities and are integral to its business operations and growth strategy.

Seasonality

Demand for certain of the company’s products and services is seasonal and can be impacted by weather conditions. For instance, sales and services of the company’s HVAC products to residential customers have historically been higher in the second and third quarters of the calendar year, which represent the peak seasons for air conditioning-related sales in North America markets.

Research and Development

The company conducts research and development activities with a focus on new product development and technology innovation. These costs are charged to expense as incurred. For the year ended December 31, 2024, these costs amounted to $686 million.

History

Carrier Global Corporation was incorporated in Delaware in 2019.

Carrier Global Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Heating, Ventilation, and Air Conditioning (HVAC): approx. 60% - Cooling: approx. 25% - Fire protection and security: approx. 15% **TOP 3 markets and their percentage shares:** - USA: approx. 50% - Europe: approx. 25% - Asia-Pacific: approx. 15% Carrier Globa...

At which locations are the company’s products manufactured?

**Production Sites:** Worldwide, with a focus on the USA, Europe, and Asia. Carrier Global Corporation is a leading provider of heating, ventilation, and air conditioning (HVAC), refrigeration, and fire safety solutions. The company operates production facilities around the world to efficiently ser...

What strategy does Carrier Global pursue for future growth?

**Revenue Growth:** 8.5% (estimated 2024) **Profit Growth:** 10.2% (estimated 2024) Carrier Global Corporation is pursuing a strategy focused on innovation, sustainability, and geographical expansion to secure future growth. The company is heavily investing in research and development to expand a...

Which raw materials are imported and from which countries?

**Main raw materials:** Steel, Copper, Aluminum, Plastics **Countries of origin:** - **Steel:** China, India, USA - **Copper:** Chile, Peru, USA - **Aluminum:** Canada, Russia, Australia - **Plastics:** USA, Germany, China Carrier Global Corporation, a leading company in the field of heating, vent...

How strong is the company’s competitive advantage?

**Market Share:** 12% (2024, estimated) **R&D Expenses:** 4.5% of revenue (2024) **EBITDA Margin:** 16% (2024) Carrier Global Corporation has a significant competitive advantage in the heating, ventilation, and air conditioning (HVAC) industry. The company benefits from a strong market position...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 85% (estimated for 2025 based on historical data) **Insider Purchases/Sales:** No significant insider transactions in the last year (estimated for 2025) The institutional investor share in Carrier Global Corporation remains high, indicating continued trust from ma...

What percentage market share does Carrier Global have?

**Market share of Carrier Global Corporation:** approx. 12% (2025, estimated) **Main competitors and their market shares:** 1. **Daikin Industries, Ltd.:** approx. 18% 2. **Trane Technologies plc:** approx. 15% 3. **Johnson Controls International plc:** approx. 14% 4. **Carrier Global Corporation:*...

Is Carrier Global stock currently a good investment?

**Revenue Growth:** 8.5% (2024) **Profit Growth:** 10.2% (2024) **Market Share in the HVAC Sector:** 18% (2024) Carrier Global Corporation recorded a solid revenue growth of 8.5% in 2024, attributed to strong demand for their HVAC products and solutions. The profit growth of 10.2% indicates tha...

Does Carrier Global pay a dividend – and how reliable is the payout?

**Dividend yield:** 1.5% (estimated for 2025) **Dividend history:** Continuous distribution for several years Carrier Global Corporation has regularly distributed dividends to its shareholders in recent years. The dividend yield is estimated to be around 1.5% for 2025, based on recent distribut...

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Carrier Global Stock Value

Carrier Global Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Carrier Global do?

Carrier Global Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Carrier Global Stock Value

Carrier Global Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Carrier Global do?

Carrier Global Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.