Are Wall Street Analysts Predicting Carrier Global Stock Will Climb or Sink?

Carrier Global Corporation (CARR), headquartered in Palm Beach Gardens, Florida, provides heating, ventilation, air conditioning, refrigeration, fire protection, security, and building automation technologies. Valued at $47.9 billion by market cap, the company also provides building services such as audit, design, installation, system integration, repair, maintenance, and monitoring. 

Shares of this global leader in intelligent climate and energy solutions have considerably underperformed the broader market over the past year. CARR has declined 23.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 17.5%. In 2025, CARR stock is down 16.7%, compared to the SPX’s 15.6% rise on a YTD basis.