April 30, 2025 a 09:00 am
CARR: Analysts Ratings - Carrier Global Corporation
Carrier Global Corporation has been a stable player in the HVAC, Refrigeration, and Fire & Security sectors worldwide, providing crucial technologies for both residential and commercial markets. The latest analyst ratings suggest a moderate optimism, with prevailing recommendations of 'Buy' and 'Hold' reflecting a consistent performance and solid market position. However, a minority of analysts express caution through 'Strong Sell' ratings, indicating potential headwinds in a competitive industry.
Historical Stock Grades
| Recommendation | Count | Score |
|---|---|---|
| Strong Buy | 4 | |
| Buy | 11 | |
| Hold | 10 | |
| Sell | 0 | |
| Strong Sell | 1 |
Sentiment Development
There has been a noticeable constancy in the analyst sentiment towards Carrier Global Corporation over the recent months. The 'Buy' and 'Hold' ratings have consistently been the most dominant, maintaining a steady count since February 2025. It is noteworthy to observe a consistent 'Strong Sell' sentiment, albeit minimal, suggesting some caution among analysts.
- 'Strong Buy' recommendations dropped in late 2024 but have remained constant at four since March 2025.
- 'Buy' ratings have hovered around ten to eleven, indicating steady interest.
- The 'Hold' category peaked in early 2025 and shows signs of a stable view toward the future.
Percentage Trends
When analyzing the percentage trends in analyst recommendations, there has been a subtle shift, with a slight increase in 'Hold' ratings and a decrease in 'Strong Buy'. This tilt suggests an emerging cautiousness and a strong belief in the current market valuation. The evolving sentiment highlights an awareness of the robust but potentially competitive positioning of Carrier Global.
- 'Strong Buy' ratings decreased from 16% in 2024 to about 13% in early 2025.
- The 'Buy' ratings consistently accounted for about 37% over the past months, remaining resilient.
- 'Hold' opinions have increased marginally, rising from 44% to 48%, highlighting possible market consolidation.
Over the last year, the biggest percentage drop was witnessed in 'Strong Buy' opinions, reflecting possible profitability or growth concerns amid market conditions. Conversely, 'Hold' ratings have increased, conveying a cautious but steady sentiment.
Latest Analyst Recommendations
Recent analyst recommendations reflect a stable outlook, with a pattern of maintained ratings and occasional upgrades. This scenario suggests that Carrier Global has maintained a reputable standing among analysts, with few changes in market positioning. Upgrades from notable firms hint at confidence in the company's strategic direction.
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2025-04-14 | Buy | Buy | Citigroup |
| 2025-04-08 | Overweight | Overweight | JP Morgan |
| 2025-03-26 | Overweight | Overweight | Barclays |
| 2025-03-05 | Overweight | Neutral | JP Morgan |
| 2025-02-24 | Outperform | Peer Perform | Wolfe Research |
Analyst Recommendations with Change of Opinion
Notable changes in analyst opinions include upgrades from 'Neutral' and 'Peer Perform' to more favorable stances, highlighting growing confidence in Carrier’s potential. A single downgrade in late 2024 from 'Overweight' to 'Equal Weight' signals some divergence in opinion, reflecting a nuanced understanding of Carrier’s market dynamics.
| Date | New Recommendation | Last Recommendation | Publisher |
|---|---|---|---|
| 2025-03-05 | Overweight | Neutral | JP Morgan |
| 2025-02-24 | Outperform | Peer Perform | Wolfe Research |
| 2024-11-13 | Buy | Neutral | UBS |
| 2024-10-16 | Equal Weight | Overweight | Stephens & Co. |
| 2024-09-06 | Peer Perform | Underperform | Wolfe Research |
Interpretation
The sentiment towards Carrier Global Corporation remains generally favorable, though with a hint of caution. The consistent 'Buy' and 'Hold' ratings suggest confidence in current strategy and operations, while the limited presence of 'Strong Sells' denotes minor concern. Shifts from neutral or lower ratings to more optimistic ones underscore improving confidence. Yet, the relatively stable ratings reflect a market finding equilibrium, suggesting no significant short-term disruption is expected.
Conclusion
Looking ahead, Carrier Global Corporation continues to exhibit a solid market position. Analysts are largely optimistic about the company's strategic direction, particularly its innovative contributions to HVAC and Refrigeration sectors. The recent upgrades support a narrative of growth potential, though the underlying caution seen in increased 'Hold' ratings advises prudence. Investors are well-advised to weigh these strengths against competitive pressures within these industries. Carrier's commitment to security technology and sustainability could differentiate it favorably in the marketplace, sustaining long-term analyst support.