Carrier Global Corp. (NYSE: CARR) is up 20% in 2026, but it’s hardly been a smooth ride for shareholders. Over the last 12 months, CARR is down more than 20%. It also dropped 9% on the day of its Q2 2026 earnings report.
The company is best known for providing residential and commercial heating and cooling systems. Continued softness in the housing market is unlikely to change in 2026. But the volatility, both good and bad, stems from the company’s growing role in the AI infrastructure trade.
