Carrier Global Stock Outlook: Is Wall Street Bullish or Bearish?

Core Insights - Carrier Global Corporation (CARR) has a market capitalization of $51.5 billion and operates as a global provider of intelligent climate and energy solutions, with a focus on HVAC and Refrigeration segments [1] Stock Performance - Over the past 52 weeks, CARR stock has declined by 3.1%, underperforming the S&P 500 Index, which has increased by 15.4%. However, year-to-date, CARR shares are up 15.8%, surpassing the S&P 500's 1.1% rise [2] - CARR has also underperformed compared to the State Street Industrial Select Sector SPDR ETF (XLI), which has returned 23.3% over the same period [3] Financial Performance - Following the release of its Q3 2025 results on October 28, CARR shares saw a slight increase. The company reported $341 million in operating cash flow and $224 million in free cash flow for the quarter, with guidance for approximately $22 billion in full-year 2025 sales and adjusted EPS of about $2.65 [5] - Analysts project CARR's adjusted EPS to grow nearly 2% year-over-year to $2.61 for the fiscal year ending December 2025. The company has a strong earnings surprise history, having exceeded consensus estimates in the last four quarters [6] Analyst Ratings - Among the 23 analysts covering CARR, the consensus rating is a "Moderate Buy," consisting of 11 "Strong Buy" ratings, one "Moderate Buy," and 11 "Holds" [6] - The sentiment has slightly shifted from three months ago, with 12 "Strong Buy" ratings currently [8]