Carpenter Technology stock gains before October 22 results

Published on 10/04/2026 at 20:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Carpenter Technology stock was last at USD 388.47 on October 2, 2026. Fiscal 2026 operating income reached USD 702.0 million before the October 22 report.

CRS, US1442851036, Illustration mit AI erstellt.

Carpenter Technology stock (ISIN US1442851036) gained 1.25 percent to USD 388.47 on the NYSE on October 2, 2026, with volume of 824,666 shares. The next test is scheduled for October 22, when the company plans to publish first quarter fiscal 2027 results before the market opens.

October 22 sets the next test

According to Quantisnow on October 1, 2026, Carpenter Technology will discuss the quarter ended September 30, 2026, during a conference call at 10:00 a.m. ET. The event follows the planned release before trading begins, giving the market a near-term operating checkpoint rather than a distant annual milestone.

The scheduled report comes after a strong fiscal 2026 finish. Simply Wall St reports fiscal 2026 revenue of USD 3.12 billion, net income of USD 529.6 million and diluted EPS of USD 10.60, with revenue up 8.6 percent and net income up 41 percent from fiscal 2025.

Operating income sets the benchmark

According to Simply Wall St, fiscal 2026 operating income reached USD 702.0 million, while the company guided to USD 850 million to USD 880 million for fiscal 2027. That range implies growth of 21 percent to 25 percent over the fiscal 2026 figure and gives the October report a clear comparison base.

The first-quarter guidance is also defined in operating terms. Carpenter Technology indicated USD 195 million to USD 200 million of operating income for fiscal 2027's first quarter, while its medium-term fiscal 2029 target stands at USD 1.2 billion to USD 1.3 billion, according to Simply Wall St. The range matters because the stock's market capitalization was USD 19.3 billion on October 2, 2026, leaving earnings delivery as the central valuation test.

Consensus target remains above the stock

MarketScreener lists a Buy consensus from 8 analysts and an average target of USD 625.88. Against the October 2 price of USD 388.47, that target lies 61.1 percent above the stock, while the 52-week range extends from USD 233.78 to USD 625.99.

Carpenter Technology makes specialty alloy materials and process solutions for aerospace, defense, medical, energy and other high-value applications, according to the Carpenter Technology investor-relations page. That exposure links the upcoming figures to markets where qualification requirements and production capacity can influence the timing of growth.

Stock gained on October 2

Carpenter Technology stock was last at USD 388.47 on the NYSE on October 2, 2026, after gaining 1.25 percent in the session. The price stood below the 52-week high of USD 625.99 and above the 52-week low of USD 233.78.