Yahoo · Sep 25, 2026
Can Trane Technologies' $12.1B Backlog Fuel Further Growth?
TT's $12.1B backlog, surging bookings and higher 2026 outlook signal strong demand visibility and momentum through the rest of the year.

NYSE · CARR
Industrials · Construction
$56.37
Up+$1.50 (+2.73%)
Updated Sep 26, 2026, 8:40 PM
SID Score
7.2/10
Composite research score
Smart Money
51/100
Neutral
Price performance
1M range · 20 trading sessions · Daily adjusted prices
CARR closed at $56.37 after 20 trading sessions, down 4.12% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 25, 2026 | $55.22 | $56.79 | $55.10 | $56.37 | 7.08M |
| Sep 24, 2026 | $54.75 | $55.21 | $54.40 | $54.87 | 5.05M |
| Sep 23, 2026 | $54.81 | $55.735 | $54.74 | $55.10 | 5.31M |
| Sep 22, 2026 | $55.18 | $55.58 | $54.85 | $55.26 | 8.22M |
| Sep 21, 2026 | $54.46 | $54.91 | $53.905 | $54.62 | 6.88M |
| Sep 18, 2026 | $54.63 | $54.86 | $52.96 | $53.88 | 21.42M |
| Sep 17, 2026 | $55.55 | $55.99 | $53.76 | $54.39 | 6.15M |
| Sep 16, 2026 | $56.00 | $56.62 | $53.73 | $54.26 | 8.23M |
| Sep 15, 2026 | $57.61 | $58.1895 | $54.78 | $55.54 | 13.27M |
| Sep 14, 2026 | $55.64 | $57.40 | $55.385 | $57.26 | 5.47M |
| Sep 11, 2026 | $57.33 | $58.295 | $57.2025 | $57.46 | 6.13M |
| Sep 10, 2026 | $57.01 | $57.32 | $55.97 | $56.64 | 7.14M |
| Sep 9, 2026 | $58.99 | $59.73 | $57.90 | $57.95 | 4.65M |
| Sep 8, 2026 | $59.97 | $60.3555 | $59.085 | $59.11 | 4.9M |
| Sep 4, 2026 | $58.60 | $59.72 | $58.17 | $59.71 | 4.35M |
| Sep 3, 2026 | $57.91 | $59.16 | $57.17 | $59.08 | 4.86M |
| Sep 2, 2026 | $57.26 | $57.82 | $56.438 | $57.58 | 4.82M |
| Sep 1, 2026 | $57.90 | $58.295 | $57.20 | $57.25 | 4.85M |
| Aug 31, 2026 | $58.46 | $58.60 | $58.035 | $58.22 | 5.35M |
| Aug 28, 2026 | $59.03 | $59.15 | $57.60 | $58.79 | 6.05M |
The latest Smart Investors Daily articles mentioning CARR.
CARR research
Company profile and research snapshot.
Carrier Global provides HVAC and refrigeration products and services that serve the global residential, commercial, and transportation markets. The company's HVAC businesses account for approximately 85% of consolidated revenue, with residential and light commercial HVAC and commercial HVAC representing about 60% and 25% of total revenue, respectively. Carrier's refrigeration segment, which accounts for approximately 15% of consolidated revenue, consists of its transportation refrigeration and Sensitech supply chain monitoring products and services.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Sep 25, 2026 | Wells Fargo | Overweight | — |
| Jul 13, 2026 | Citigroup | Buy | — |
| Jun 10, 2026 | Bernstein | Market Perform | — |
| May 28, 2026 | Morgan Stanley | Equal-Weight | — |
| May 14, 2026 | JP Morgan | Neutral | — |
Generated Sep 26, 2026, 7:03 PM
Carrier Global gained 2.73% today as positive analyst coverage and growing recognition of the company's data center exposure and recovery potential drove investor interest. Wells Fargo's new Overweight rating with a $67 price target appears to have catalyzed buying, while industry tailwinds in HVAC markets and operational growth initiatives support the upward momentum.
Bottom line: Carrier Global is benefiting from fresh analyst support and growing recognition of its strategic positioning in high-growth markets, particularly data center infrastructure. Investors should monitor near-term execution on backlog conversion, macro economic indicators affecting commercial construction, and the company's ability to sustain margin gains as key metrics going forward.
Yahoo · Sep 25, 2026
TT's $12.1B backlog, surging bookings and higher 2026 outlook signal strong demand visibility and momentum through the rest of the year.
Benzinga · Sep 25, 2026
Wells Fargo analyst Stephen Tusa initiates coverage on Carrier Global (NYSE:CARR) with a Overweight rating and announces Price Target of $67.
Yahoo · Sep 25, 2026
North America Residential HVAC Gains Momentum as Smart Systems, Heat Pumps, Energy-Efficient Retrofits and Sustainable Refrigerants Reshape Home ComfortDublin, Sept. 25, 2026 (GLOBE NEWSWIRE) -- "North America Residential HVAC Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2026-2035" has been added to ResearchAndMarkets.com's offering. The North America residential HVAC market was valued at USD 25.2 billion in 2025 and is projected to reach USD 46.6 billion by 2035, ex
SeekingAlpha · Sep 25, 2026
Carrier Global (CARR) rated Buy as data center and HVAC demand surge, orders jump 300% YoY, and EPS rebounds into FY27. See here for more details.
Interpretive context generated from the platform’s current data sources.
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The latest Smart Investors Daily articles mentioning CARR.