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
Target Low Average Median High
Price $425 $467 $470 $500
Change -28.18% -21.09% -20.58% -15.51%
* 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 '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy 667777
Buy 111111
Hold 001111
Sell 000000
Strong Sell 000000
Total 779999

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
More Analyst Ratings

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%
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
1.48B1.84B2.55B2.76B2.88B3.13B3.48B
Revenue Growth
-32.35%24.44%38.88%8.21%4.25%8.87%10.98%
EPS
-4.76-1.011.143.707.4210.4212.45
EPS Growth
---224.56%100.54%40.40%19.50%
Forward PE
-----56.8147.54
No. Analysts -----78
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 3.1B 3.6B
Avg 3.1B 3.5B
Low 3.1B 3.4B

Revenue Growth

Revenue Growth 202620272028
High
9.5%
14.9%
Avg
8.9%
11.0%
Low
8.3%
7.3%

EPS Forecast

EPS 202620272028
High 10.65 13.20
Avg 10.57 12.67
Low 10.46 12.19

EPS Growth

EPS Growth 202620272028
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.