$199.00
-0.40-0.20%
At close: -
$198.02
-0.98-0.49%
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Carpenter Tech Analyst Ratings and Price Targets | NYSE:CRS | Benzinga
Carpenter Technology Corp has a consensus price target of $141.71 based on the ratings of 7 analysts. The high is $240 issued by JP Morgan on February 19, 2025. The low is $54 issued by Cowen & Co. on January 27, 2023. The 3 most-recent analyst ratings were released by JP Morgan on February 19, 2025, January 27, 2025, and November 22, 2024, respectively. With an average price target of $231.67 between JP Morgan, there's an implied 16.42% upside for Carpenter Technology Corp from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
JP Morgan
Benchmark
BTIG
Deutsche Bank
Northcoast Research
1calculated from analyst ratings
Analyst Ratings for Carpenter Tech
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 02/19/2025 | Buy Now | 20.6% | JP Morgan | Bennett Moore30% | $235 → $240 | Maintains | Overweight | Get Alert |
| 01/27/2025 | Buy Now | 18.09% | JP Morgan | Bennett Moore30% | $220 → $235 | Maintains | Overweight | Get Alert |
| 11/22/2024 | Buy Now | 10.55% | JP Morgan | Bennett Moore30% | → $220 | Initiates | → Overweight | Get Alert |
| 10/25/2024 | Buy Now | -12.06% | Benchmark | Josh Sullivan83% | $175 → $175 | Reiterates | Buy → Buy | Get Alert |
| 07/30/2024 | Buy Now | -17.09% | BTIG | Andre Madrid51% | $120 → $165 | Maintains | Buy | Get Alert |
| 07/26/2024 | Buy Now | -12.06% | Benchmark | Josh Sullivan83% | $140 → $175 | Maintains | Buy | Get Alert |
| 06/25/2024 | Buy Now | -27.64% | Deutsche Bank | Scott Deuschle70% | → $144 | Initiates | → Buy | Get Alert |
| 06/14/2024 | Buy Now | -55.28% | Northcoast Research | Chris Olin62% | → $89 | Downgrade | Neutral → Sell | Get Alert |
| 06/10/2024 | Buy Now | -37.19% | TD Cowen | Gautam Khanna78% | $116 → $125 | Maintains | Buy | Get Alert |
| 05/28/2024 | Buy Now | -29.65% | Benchmark | Josh Sullivan83% | $140 → $140 | Reiterates | Buy → Buy | Get Alert |
| 05/08/2024 | Buy Now | -29.65% | Benchmark | Josh Sullivan83% | $100 → $140 | Maintains | Buy | Get Alert |
| 05/02/2024 | Buy Now | -41.71% | TD Cowen | Gautam Khanna78% | $90 → $116 | Maintains | Buy | Get Alert |
| 09/13/2023 | Buy Now | -49.75% | Benchmark | Josh Sullivan83% | $65 → $100 | Maintains | Buy | Get Alert |
| 08/25/2023 | Buy Now | -63.32% | Northcoast Research | Chris Olin62% | → $73 | Initiates | → Buy | Get Alert |
| 08/01/2023 | Buy Now | -63.82% | TD Cowen | Gautam Khanna78% | $60 → $72 | Maintains | Outperform | Get Alert |
| 07/12/2023 | Buy Now | -67.34% | Benchmark | Josh Sullivan83% | → $65 | Reiterates | Buy → Buy | Get Alert |
| 05/18/2023 | Buy Now | -67.34% | Benchmark | Josh Sullivan83% | → $65 | Reiterates | Buy → Buy | Get Alert |
| 05/02/2023 | Buy Now | -67.34% | Benchmark | Josh Sullivan83% | $60 → $65 | Maintains | Buy | Get Alert |
| 04/24/2023 | Buy Now | -69.85% | TD Cowen | Gautam Khanna78% | $54 → $60 | Maintains | Outperform | Get Alert |
| 01/27/2023 | Buy Now | -72.86% | Cowen & Co. | Gautam Khanna78% | $50 → $54 | Maintains | Outperform | Get Alert |
| 09/12/2022 | Buy Now | -77.39% | Cowen & Co. | Gautam Khanna78% | → $45 | Upgrade | Market Perform → Outperform | Get Alert |
FAQ
What is the target price for Carpenter Tech (CRS) stock?
The latest price target for Carpenter Tech (NYSE:CRS) was reported by JP Morgan on February 19, 2025. The analyst firm set a price target for $240.00 expecting CRS to rise to within 12 months (a possible 20.60% upside). 12 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Carpenter Tech (CRS)?
The latest analyst rating for Carpenter Tech (NYSE:CRS) was provided by JP Morgan, and Carpenter Tech maintained their overweight rating.
When was the last upgrade for Carpenter Tech (CRS)?
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.
When was the last downgrade for Carpenter Tech (CRS)?
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.
When is the next analyst rating going to be posted or updated for Carpenter Tech (CRS)?
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 February 19, 2025 so you should expect the next rating to be made available sometime around February 19, 2026.
Is the Analyst Rating Carpenter Tech (CRS) correct?
While ratings are subjective and will change, the latest Carpenter Tech (CRS) rating was a maintained with a price target of $235.00 to $240.00. The current price Carpenter Tech (CRS) is trading at is $199.00, which is out of the analyst’s predicted range.
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