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Carpenter Tech

CRSNYSE
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$193.65
-15.46-7.39%
At close: -
$203.33
9.685.00%
After Hours: 4:04 PM EDT
The dividend Ex-Date was 3 days ago
Q2 2025 Earnings were released on Thu Jan 30th, before the market open
The most recent conference call was at 10:00 AM, 1 day ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$235.00
Lowest Price Target1
$53.00
Consensus Price Target1
$130.00

Carpenter Tech (NYSE:CRS) Stock, Analyst Ratings, Price Targets, Forecasts

Carpenter Technology Corp has a consensus price target of $130 based on the ratings of 8 analysts. The high is $235 issued by JP Morgan on January 27, 2025. The low is $53 issued by JP Morgan on February 11, 2022. The 3 most-recent analyst ratings were released by JP Morgan, JP Morgan, and Benchmark on January 27, 2025, November 22, 2024, and October 25, 2024, respectively. With an average price target of $210 between JP Morgan, JP Morgan, and Benchmark, there's an implied 3.28% upside for Carpenter Technology Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Oct 24
1
Nov 24
1
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
Benchmark
BTIG
Deutsche Bank
Northcoast Research

1calculated from analyst ratings

Analyst Ratings for Carpenter Tech

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FAQ

Q

What is the target price for Carpenter Tech (CRS) stock?

A

The latest price target for Carpenter Tech (NYSE:CRS) was reported by JP Morgan on January 27, 2025. The analyst firm set a price target for $235.00 expecting CRS to rise to within 12 months (a possible 15.58% upside). 11 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Carpenter Tech (CRS)?

A

The latest analyst rating for Carpenter Tech (NYSE:CRS) was provided by JP Morgan, and Carpenter Tech maintained their overweight rating.

Q

When was the last upgrade for Carpenter Tech (CRS)?

A

The last upgrade for Carpenter Technology Corp happened on September 12, 2022 when Cowen & Co. raised their price target to $45. Cowen & Co. previously had a market perform for Carpenter Technology Corp.

Q

When was the last downgrade for Carpenter Tech (CRS)?

A

The last downgrade for Carpenter Technology Corp happened on June 14, 2024 when Northcoast Research changed their price target from N/A to $89 for Carpenter Technology Corp.

Q

When is the next analyst rating going to be posted or updated for Carpenter Tech (CRS)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Carpenter Tech, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Carpenter Tech was filed on January 27, 2025 so you should expect the next rating to be made available sometime around January 27, 2026.

Q

Is the Analyst Rating Carpenter Tech (CRS) correct?

A

While ratings are subjective and will change, the latest Carpenter Tech (CRS) rating was a maintained with a price target of $220.00 to $235.00. The current price Carpenter Tech (CRS) is trading at is $203.33, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.