← ANALYST RATINGS · TIPRANKS

Carpenter Technology (CRS): analyst forecast and price target

$377 −0.91% close 16.10.26 · market cap $18.9B · Industrials · Steel
Price targets and ratings of

Analyst consensus

Strong Buy

6 Buy1 Hold0 Sell

Ratings of 7 analysts in the last 3 months

12-month forecast

$546+44.9% upside

Based on 7 price targets given in the last 3 months, the average target is $546, the highest $689, the lowest $430. The average is +44.9% from the last price of $377.

$400$600Jan 26AprJulOctJan 27AprJulOctHigh$689Average$546Low$430
Highest target $689 Average target $546 Lowest target $430
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Bennett Moore★★★★★★★★★★#1103 · hits 81% · avg +45.6% J.P. Morgan $700 → $520−25.7% Buy +37.9% Assigned 14.10.26on TipRanks 07:25 +0.9%next day −0.1%
Gautam Khanna★★★★★★★★★★#37 · hits 73% · avg +22.2% TD Cowen $650 → $500−23.1% Buy +32.6% Reiterated 09.10.26on TipRanks 08:50 −0.9%next day −2.2% · 5 days −0.3%
Samuel McKinney★★★★★★★★★★#3618 · hits 79% · avg +11.6% KeyBanc $608 → $465−23.5% Buy +23.3% Reiterated 08.10.26on TipRanks 05:30 −0.6%next day −0.9% · 5 days −1.4%
Charles Minervino★★★★★★★★★★#59 · hits 71% · avg +23.0% Susquehanna $600 Buy +59.1% Reiterated 07.10.26on TipRanks 07:35 −0.9%next day −0.6% · 5 days −1.9%
David E. Strauss★★★★★★★★★★#500 · hits 66% · avg +12.3% Wells Fargo $540 → $430−20.4% Hold +14.0% Assigned 30.09.26on TipRanks 06:55 −0.5%next day −1.5% · 5 days −1.3%
Scott Deuschle★★★★★★★★★★#319 · hits 73% · avg +26.7% Deutsche Bank $722 → $689−4.6% Buy +82.7% Reiterated 31.07.26on TipRanks 09:00 +2.4%next day +3.2% · 5 days +6.3%
Andre Madrid★★★★★★★★★★#260 · hits 72% · avg +35.7% BTIG $450 → $620+37.8% Buy +64.4% Reiterated 31.07.26on TipRanks 06:47 +2.4%next day +3.2% · 5 days +6.3%
Josh Sullivan★★★★★★★★★★#21 · hits 70% · avg +43.7% JonesTrading $400 Buy +6.1% Initiated 22.10.25on TipRanks 12:10 −1.2%next day +22.1% · 5 days +29.2%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Carpenter Technology

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months Andre Madrid★★★★★★★★★★BTIG · #260
Hits 72%102 of 141 Average return +35.7%
1 year Josh Sullivan★★★★★★★★★★JonesTrading · #21
Hits 70%267 of 384 Average return +43.7%
2 years Andre Madrid★★★★★★★★★★BTIG · #260
Hits 72%102 of 141 Average return +35.7%

Most profitable

3 months Andre Madrid★★★★★★★★★★BTIG · #260
Hits 72%102 of 141 Average return +35.7%
1 year Josh Sullivan★★★★★★★★★★JonesTrading · #21
Hits 70%267 of 384 Average return +43.7%
2 years Josh Sullivan★★★★★★★★★★JonesTrading · #21
Hits 70%267 of 384 Average return +43.7%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $614 at a price of $389 (+57.9%); now: $546 at $377 (+44.9%).

$400$500$600Sep 15Oct 1Oct 15Top analysts$560Average target$546Price$377

PriceAverage targetTop analysts’ target

Recommendation trend

051015110Oct 25110Nov18Dec7Jan 266Feb81Mar121Apr142May131Jun111Jul101Aug92Sep152Oct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000001
Buy1413111095
Hold211122
Sell000000

Earnings and sales forecast

Next report: 22.10.26 (Q1 2027, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $3.04 (from $2.94 to $3.10). Last quarter: $3.23.

Sales

Next quarter’s sales estimate — $806M (from $662M to $863M). Last quarter: $851M.

Best top-analyst consensus in the sector · Industrials

DYnot in our ETFs
THTarget Hospitality
MTZMasTec
CECOCeco Environmental
FTAIFTAI Aviation
About Carpenter Technology

Carpenter Technology Corporation is a global leader in the production and supply of high-performance metallic materials, serving markets across the United States, Europe, Asia Pacific, Mexico, and Canada. The company's operations are structured into two primary divisions: Specialty Alloys Operations and Performance Engineered Products. Its diverse product portfolio encompasses advanced alloys like titanium, stainless, alloy, and tool steels, alongside various powder metals, additives, and custom-fabricated metal components. These specialized materials are critical to numerous industries, including aerospace, defense, medical devices, transportation, energy generation, general manufacturing, and consumer goods. Established in 1889, Carpenter Technology maintains its corporate headquarters in Philadelphia, Pennsylvania.

Data from the stock’s TipRanks forecast page, read 24 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗