Carpenter Technology Corporation (CRS)
NYSE: CRS · Real-Time Price · USD
240.01
-6.46 (-2.62%)
Aug 15, 2025, 9:53 AM - Market open
Carpenter Technology Stock Forecast
Stock Price Forecast
According to 2 professional analysts, the 12-month price target for Carpenter Technology stock ranges from a low of $300 to a high of $305. The average analyst price target of $302.5 forecasts a 26.04% increase in the stock price over the next year.
Price Target: $302.50 (+26.04%)
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 17, 2025.
Analyst Ratings
The average analyst rating for Carpenter Technology stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 | Aug '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 4 | 4 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $245 → $305 | Buy | Maintains | $245 → $305 | +27.08% | Jun 17, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $250 → $300 | Strong Buy | Maintains | $250 → $300 | +24.99% | Jun 9, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $240 → $245 | Buy | Maintains | $240 → $245 | +2.08% | Apr 28, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $235 → $240 | Buy | Maintains | $235 → $240 | -0.00% | Feb 19, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $175 → $250 | Strong Buy | Maintains | $175 → $250 | +4.16% | Feb 6, 2025 |
Financial Forecast
Revenue This Year
3.23B
from 2.88B
Increased by 12.34%
Revenue Next Year
3.56B
from 3.23B
Increased by 10.18%
EPS This Year
9.35
from 7.42
Increased by 26.07%
EPS Next Year
11.76
from 9.35
Increased by 25.68%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 3.5B | 4.0B | 3.9B | |
| Avg | 3.2B | 3.6B | 3.7B | |
| Low | 3.0B | 3.2B | 3.6B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 21.0% | 24.1% | 9.7% | |
| Avg | 12.3% | 10.2% | 4.4% | |
| Low | 5.3% | -1.1% | 0.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 10.29 | 13.02 | 13.68 | |
| Avg | 9.35 | 11.76 | 12.92 | |
| Low | 8.85 | 11.01 | 12.30 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| High | 38.7% | 39.2% | 16.4% | |
| Avg | 26.1% | 25.7% | 9.9% | |
| Low | 19.3% | 17.7% | 4.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.