Carrier Global Corporation’s Stock Price Soars to $69.80, Marking an Impressive 11.61% Increase

Carrier Global Corporation (CARR)

69.80 USD +7.26 (+11.61%) Volume: 10.6M

Carrier Global Corporation’s stock price surges to a strong 69.80 USD, marking an impressive trading session increase of +11.61%. With a robust trading volume of 10.6M and a year-to-date percentage change of +2.26%, CARR’s stock performance is demonstrating notable growth and potential.

Latest developments on Carrier Global Corporation

Carrier Global stock surged today following strong first quarter results and a raised profit outlook. The company reported earnings and revenues that beat estimates, fully mitigated tariffs through price increases, and outperformed competitors on a strong trading day. Carrier Global also announced segment restructuring and growth, leading to a notable increase in its stock value. With a focus on strong HVAC demand, the company beat quarterly profit estimates and raised its forecast for 2025. This positive news contributed to Carrier Global leading increases in the market today, showcasing its robust financial performance and strategic advancements in inventory management through digital supply chain transformation.

A look at Carrier Global Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Carrier Global Corporation, a manufacturer of HVAC equipment, is poised for a positive long-term outlook according to Smartkarma Smart Scores. With strong scores in Dividend, Growth, Resilience, and Momentum, the company is positioned well for future growth and stability. While the Value score is slightly lower, the overall outlook for Carrier Global remains positive as it continues to provide heating, air-conditioning, and refrigeration solutions to customers worldwide.

Smartkarma Smart Scores indicate that Carrier Global is a company with solid fundamentals and growth potential. With high scores in Dividend, Growth, Resilience, and Momentum, the company is well-positioned to weather market fluctuations and capitalize on opportunities for expansion. As a leading provider of HVAC equipment, Carrier Global’s strong performance in key areas bodes well for its long-term success in serving customers globally.

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