Carrier Global Corporation (CARR) Stock AnalysisCARRStock AnalysisCarrier Global Corporation

Carrier Global Corporation is an intelligent climate and energy solution with a focus on providing differentiated, digitally enabled life cycle solutions to its customers. Its segments include Climate Solutions Americas (CSA), Climate Solutions Europe (CSE), Climate Solutions Asia Pacific, Middle East & Africa (CSAME), and Climate Solutions Transportation (CST). CSA provides products, controls, services and solutions to meet the heating, cooling and ventilation needs of residential and commercial customers in North and South America. CSE provides products, controls, services and solutions to meet the heating, cooling and ventilation needs of residential and commercial customers in Europe. CSAME provides products, controls, services and solutions to meet the heating, cooling and ventilation needs of residential and commercial customers in Asia Pacific, the Middle East and Africa. CST includes global transport refrigeration and monitoring products, services and digital solutions. It operates in the Industrials sector (AIR-COND & WARM AIR HEATG EQUIP & COMM & INDL REFR industry).

Carrier Global Corp is currently not a strong buy due to its low RSI of 20.826, indicating oversold conditions, and a recent price of $58.79, which is below the analyst price targets of $60 to $80. The company has shown a 300% increase in data center orders, which is promising, but the ongoing investigation for potential securities fraud could undermine investor confidence. Therefore, while there are positive indicators, the risks are significant enough to warrant a hold position.

1 analysts cover CARR: 0 rate it Buy, 0 Hold and 1 Sell. The average price target is 69.08.