Carpenter Technology Corporation (CRS)
NYSE: CRS · Real-Time Price · USD
428.14
-0.10 (-0.02%)
At close: Apr 28, 2026, 4:00 PM EDT
432.00
+3.86 (0.90%)
After-hours: Apr 28, 2026, 7:58 PM EDT

Carpenter Technology Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for Carpenter Technology stock have an average target of 410.38, with a low estimate of 340 and a high estimate of 470. The average target predicts a decrease of -4.15% from the current stock price of 428.14.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $340 $410.38 $400 $470
Change -20.59% -4.15% -6.57% +9.78%

Analyst Ratings

The average analyst rating for Carpenter Technology stock from 8 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 Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26
Strong Buy 333333
Buy 222234
Hold 000001
Sell 000000
Strong Sell 000000
Total 555568

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Buy
Maintains
$394$465
Buy Maintains $394$465 +8.61% Apr 20, 2026
Keybanc
Keybanc
Buy
Maintains
$380$453
Buy Maintains $380$453 +5.81% Apr 9, 2026
Wells Fargo
Wells Fargo
Hold
Initiates
$400
Hold Initiates $400 -6.57% Apr 1, 2026
Susquehanna
Susquehanna
Buy
Initiates
$470
Buy Initiates $470 +9.78% Mar 3, 2026
JP Morgan
JP Morgan
Buy
Maintains
$388$394
Buy Maintains $388$394 -7.97% Jan 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.14B
from 2.88B
Increased by 9.21%
Revenue Next Year
3.47B
from 3.14B
Increased by 10.50%
EPS This Year
10.45
from 7.42
Increased by 40.88%
EPS Next Year
12.27
from 10.45
Increased by 17.36%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Jun 30, 2021 Jun 30, 2022 Jun 30, 2023 Jun 30, 2024 Jun 30, 2025 Jun 30, 2026 Jun 30, 2027
Revenue
1.48B1.84B2.55B2.76B2.88B3.14B3.47B
Revenue Growth
-32.35%24.44%38.88%8.21%4.25%9.21%10.50%
EPS
-4.76-1.011.143.707.4210.4512.27
EPS Growth
---224.56%100.54%40.88%17.36%
Forward PE
-----40.9634.90
No. Analysts -----1212
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2026202720282029203020312032
High 3.4B 3.8B
Avg 3.1B 3.5B
Low 3.0B 3.2B

Revenue Growth

Revenue Growth 2026202720282029203020312032
High
16.9%
20.3%
Avg
9.2%
10.5%
Low
4.5%
3.2%

EPS Forecast

EPS 20262027202820292030
High 11.03 13.28
Avg 10.45 12.27
Low 9.99 11.51

EPS Growth

EPS Growth 20262027202820292030
High
48.6%
27.1%
Avg
40.9%
17.4%
Low
34.6%
10.1%
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.