Carpenter Technology Corporation (CRS)
NYSE: CRS · Real-Time Price · USD
591.78
-7.46 (-1.24%)
At close: Jun 26, 2026, 4:00 PM EDT
566.01
-25.77 (-4.36%)
After-hours: Jun 26, 2026, 7:54 PM EDT
Carpenter Technology Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Carpenter Technology stock have an average target of 467, with a low estimate of 425 and a high estimate of 500. The average target predicts a decrease of -21.09% from the current stock price of 591.78.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 22, 2026.
Analyst Ratings
The average analyst rating for Carpenter Technology stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 7 | 7 | 7 | 7 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Buy Reiterates $450 → $470 | Buy | Reiterates | $450 → $470 | -20.58% | May 22, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Maintains $470 | Buy | Maintains | $470 | -20.58% | May 18, 2026 |
| KeyBanc | KeyBanc | Buy Reiterates $453 → $459 | Buy | Reiterates | $453 → $459 | -22.44% | May 4, 2026 |
| Wells Fargo | Wells Fargo | Hold Maintains $400 → $425 | Hold | Maintains | $400 → $425 | -28.18% | May 1, 2026 |
| Deutsche Bank | Deutsche Bank | Buy Maintains $495 → $500 | Buy | Maintains | $495 → $500 | -15.51% | Apr 30, 2026 |
Financial Forecast
Revenue This Year
3.13B
from 2.88B
Increased by 8.87%
Revenue Next Year
3.48B
from 3.13B
Increased by 10.98%
EPS This Year
10.57
from 7.48
Increased by 41.36%
EPS Next Year
12.67
from 10.57
Increased by 19.83%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 3.1B | 3.6B | |
| Avg | 3.1B | 3.5B | |
| Low | 3.1B | 3.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 9.5% | 14.9% | |
| Avg | 8.9% | 11.0% | |
| Low | 8.3% | 7.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 10.65 | 13.20 | |
| Avg | 10.57 | 12.67 | |
| Low | 10.46 | 12.19 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 42.4% | 24.8% | |
| Avg | 41.4% | 19.8% | |
| Low | 39.8% | 15.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.