JPMorgan cuts target to USD 520 for Carpenter Technology stock

Published on 10/15/2026 at 19:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due on October 22, 2026. Carpenter Technology stock costs EUR 333.90 on October 15, 2026, 2.37 percent below the Xetra close.

Analyst target and report date

On October 14, 2026, JPMorgan lowered its Carpenter Technology target to USD 520.00 from USD 700.00.
Carpenter Technology is scheduled to report fiscal 2027 first-quarter results on October 22, 2026, with consensus revenue of USD 829.56 million.
Carpenter Technology stock costs EUR 333.90 at Lang & Schwarz on October 15, 2026 at 6:49 p.m. CEST, 2.37 percent below the Xetra close of October 12, 2026.
Carpenter Technology has a P/E ratio of 35.62 and a market capitalization of USD 18.6 billion.

CRS, US1442851036, Illustration mit AI erstellt.

Carpenter Technology Corporation (ISIN US1442851036) faces a lower JPMorgan target ahead of its next report. Markets Insider reported on October 14, 2026 that JPMorgan cut its target to USD 520.00 from USD 700.00 and kept an Overweight rating. Against the NYSE price of USD 375.10 on October 15, 2026 at 1:00 p.m. ET, the target stood 38.63 percent higher. Carpenter Technology stock was trading at EUR 333.90 at Lang & Schwarz on October 15, 2026 at 6:49 p.m. CEST, down 2.37 percent versus the Xetra close of October 12, 2026.

October 22 report is next

The next scheduled test is fiscal 2027 first-quarter reporting. MarketBeat lists October 22, 2026 for the release before the market opens, followed by a 10:00 a.m. ET conference call. Its consensus calls for earnings per share of USD 3.04 and revenue of USD 829.56 million, compared with USD 2.43 and USD 733.70 million in the year-ago quarter.

Range and trading activity

The NYSE quote stood at USD 375.10 on October 15, 2026, placing the stock 40.08 percent below its USD 625.99 52-week high and 60.45 percent above its USD 233.78 low. Volume was 243,399 shares against an average of 735,839 shares. The euro quotation therefore provides the immediate German-market view, while the dollar range describes the home listing.

Results frame the valuation

MarketWatch reported fiscal 2026 revenue of USD 3.1242 billion, up from USD 2.8771 billion in fiscal 2025. Operating income reached USD 702.0 million, up 34 percent from USD 521.8 million, while operating cash flow rose to USD 605.0 million from USD 440.4 million. The current market capitalization is USD 18.6 billion and the P/E ratio is 35.62.

Comparison with peers

Carpenter Technology (NYSE, USD): minus 2.37 percent, P/E 35.62, market capitalization USD 18.6 billion
ATI (NYSE, USD): minus 0.43 percent, P/E 54.94, market capitalization USD 25.5 billion
Materion (NYSE, USD): minus 3.10 percent, P/E 57.87, market capitalization USD 5.2 billion

The next reporting date matters

The October 22 report will put the USD 829.56 million revenue estimate and USD 3.04 earnings-per-share estimate against the company's fiscal 2027 performance. At Lang & Schwarz, Carpenter Technology stock was trading at EUR 333.90 on October 15, 2026 at 6:49 p.m. CEST, 2.37 percent below the Xetra close of October 12, 2026 at EUR 342.00. The further course of trading is shown by the continuously updated real-time quote of Carpenter Technology stock.