Carrier Global stock draws a Hold downgrade after Q2 beat
Published on 10/04/2026 at 19:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Carrier Global stock (ISIN US14448C1045) was last at USD 55.12 on the NYSE on October 2, 2026, after a 0.18 percent daily decline. The latest analyst action came from MarketBeat, which reported on October 1, 2026, that Zacks Research moved the rating from Strong Buy to Hold.
Q2 results beat expectations
Carrier reported USD 6.35 billion in second-quarter 2026 revenue, compared with the USD 6.02 billion consensus cited by MarketBeat. Revenue increased 3.9 percent from the same quarter a year earlier, giving the company a quantified operating improvement despite the rating reset.
Adjusted EPS reached USD 0.86 in Q2 2026, beating the USD 0.82 consensus by USD 0.04. The company also reported GAAP diluted EPS of USD 0.60 for the period, while operating profit totaled USD 767 million, according to the latest standardized quarterly figures.
Analyst targets stay above price
The broader analyst picture remains more constructive than the latest downgrade. MarketBeat lists a Moderate Buy consensus from 21 analysts, including 12 Buy ratings and nine Hold ratings, with an average 12-month target of USD 73.04.
The target spread runs from USD 60.00 to USD 85.00. The average target lies 32.58 percent above the USD 55.12 reference price, a gap that puts the downgrade in tension with the wider published consensus. Goldman Sachs cut its target from USD 85.00 to USD 74.00 on September 30, 2026, while Deutsche Bank reduced its target from USD 71.00 to USD 64.00, according to MarketBeat.
Stock remains below yearly high
Carrier Global's market capitalization stood at USD 45.4 billion on October 2, 2026, with volume of 5,689,447 shares. The 52-week range was USD 50.24 to USD 76.76, placing the last price USD 21.64 below the yearly high and USD 4.88 above the yearly low.
The company operates across heating, ventilation, air-conditioning, refrigeration and connected climate solutions. Carrier's investor page identifies the company as Carrier Global Corporation and lists NYSE:CARR; its second-quarter release described the results as better than expected and raised the full-year outlook, per Carrier.
Carrier Global stock was last at USD 55.12
Carrier Global stock was last at USD 55.12 on the NYSE on October 2, 2026 at 4:00 p.m. ET, with a daily change of minus 0.18 percent.
Carrier Global stock facts
- Company: Carrier Global Corporation
- ISIN: US14448C1045
- Ticker: CARR
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 55.12
- Market capitalization: USD 45.4 billion (as of October 2, 2026)
- 52-week range: USD 50.24-76.76 (as of October 2, 2026)
- Sector / Industry: Industrials / HVAC equipment
Upcoming dates for Carrier Global stock
- October 27, 2026: Third-quarter 2026 results
