Are Wall Street Analysts Bullish on Carrier Global Stock?

With a market cap of $60.4 billion, Carrier Global Corporation (CARR) is a leading provider of intelligent climate and energy solutions, serving customers worldwide across residential, commercial, and industrial markets. Operating primarily through its HVAC and Refrigeration segments, the company delivers advanced technologies and services under renowned brands like Carrier, Bryant, Toshiba, and Viessmann.

Shares of the Palm Beach Gardens, Florida-based company have slightly lagged behind the broader market over the past 52 weeks. CARR has risen 8.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 9.2%. However, shares of Carrier Global are up 4.1% on a YTD basis, outpacing SPX’s 3.7% dip.