RBC keeps USD 72.00 target for Carrier Global stock

Published on 10/17/2026 at 20:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 29, 2026. Carrier Global stock costs USD 55.00 on October 16, 2026, up 0.07 percent versus its prior close.

Analyst view and reporting date

RBC Capital maintained its Buy rating and USD 72.00 target on October 13, 2026.
Carrier will publish third-quarter results on October 29, 2026.
Carrier Global stock was last at USD 55.00 on October 16, 2026, up 0.07 percent versus the NYSE close of October 15, 2026.
Carrier Global had a market capitalization of USD 45.3 billion as of October 16, 2026.

Fotorealistische HVAC-Dachanlage mit Klimatechnik in Palm Beach, Florida — Carrier Global Corp. US1442851009 – Klimaanlagen auf Dach eines Gebäudes in Palm Beach Florida, Illustration mit AI erstellt.

RBC Capital maintained a Buy rating and a USD 72.00 price target for Carrier Global on October 13, 2026, putting the target 30.91 percent above the latest USD 55.00 NYSE quote. Markets Insider reported the analyst update. Carrier Global was last quoted at USD 55.00 on October 16, 2026 at 4:00 p.m. ET, up 0.07 percent from the USD 54.96 close of October 15, 2026.

Revenue sets the operating baseline

Carrier generated USD 6.35 billion in revenue in the second quarter of 2026, compared with USD 6.11 billion in the second quarter of 2025. That increase was 3.93 percent year over year, while net profit came to USD 501.0 million in the latest quarter, according to Markets Insider on October 14, 2026.

How far is the stock from its yearly range?

The latest USD 55.00 quote stood 9.47 percent above Carrier's 52-week low of USD 50.24 and 28.35 percent below its 52-week high of USD 76.76. Both range points and the latest quote were dated October 16, 2026. The modest 0.07 percent daily gain placed Carrier slightly ahead of a flat session rather than in a decisive short-term move.

Valuation and the next report

Carrier's market capitalization was USD 45.3 billion and its price-to-earnings ratio was 38.19 as of October 16, 2026. The upcoming reporting date is October 29, 2026. Carrier Global said it will release third-quarter results before hosting a 7:30 a.m. ET conference call.

Comparison with peers

Carrier Global (NYSE, USD): plus 0.07 percent, P/E 38.19, market capitalization USD 45.3 billion as of October 16, 2026.
Trane Technologies (NYSE, USD): plus 0.33 percent, P/E 34.76, market capitalization USD 101.0 billion as of October 16, 2026.
Johnson Controls International (NYSE, USD): minus 1.46 percent, P/E 25.34, market capitalization USD 88.1 billion as of October 16, 2026.

Trading stays close to the prior close

Carrier's latest quotation remains the central market reference for the next earnings date, while the analyst target provides a separate comparison at USD 72.00. The company operates across heating, ventilation and air conditioning, refrigeration, fire safety, security and building automation.

The latest quote was USD 55.00 on the NYSE on October 16, 2026 at 4:00 p.m. ET, up 0.07 percent versus the NYSE close of October 15, 2026 at USD 54.96.