Carrier Global Corporation (CARR) reported strong 2024 results, shedding a positive light on its outlook for 2025. Acclaimed market analyst, Jim Cramer, has noted the company's aggressive intake in the data center market, a catalyst for future growth. Despite Redburn Atlantic and Bank of America adjusting their price targets for Carrier, the company continues its strategic advancements with key amendments in the board. Carrier also partners with tech giants like
Google Cloud to further smart energy management. This innovative approach is central to Carrier's asset sales-strategy, illustrated by the sale of its Commercial and Residential Fire Business and Global Access Solutions. These major re-alignments position Carrier as a formidable competitor in data center cooling solutions. Yet concerns arise over the company's revenue growth, as it missed Q3 estimates and cut annual revenue forecast. Investment outlook also registers mixed sentiments, with investors responding differently to earnings trends. Despite this, shares spike following Q4 earnings, and an announcement of a strong dividend payout keeps investor interest high. Market risks related to tariffs are acknowledged, while stalwarts, including Fortune and Forbes, affirm Carrier's growth potential.
Carrier Global Corporation CARR News Analytics from Mon, 03 Jun 2024 07:00:00 GMT to Thu, 17 Apr 2025 13:22:17 GMT -
Rating 2
- Innovation 5
