Carrier Global Corporation (CARR) showcased a strong performance over the past year. The company's strategic calculations have uncovered impressive intrinsic value, leading to rise in stock prices on multiple occasions. Their forecast was reaffirmed due to strong results for Q1 of 2025. Among the company's notable achievements was the acquisition of Addvolt, furthering its electrification solutions, and continued strong financial performance with a reported 26% soar in its stock.
Amy Miles enhanced CARR's board with her appointment. Midway the year, Carrier launched a major TechVantage initiative, and, invested heavily in its US workforce. This included an additional $1bn infusion to boost manufacturing footprint and advanced R&D. Amalgamation with thermal solutions provider ZutaCore was executed to advance next-gen data center cooling solutions.
Carrier's strategic portfolio transformation saw the successful closing of $3bn sale of its commercial and residential fire business. Besides, robust Q4 results and raised profit outlook spurred market confidence, and leading firms including Goldman Sachs, RBC Capital, JP Morgan and Baird raised CARR's price target. Other notable highlights include working on projects that focus on sustainability and energy-efficiency, securing a spot in Fortune’s World's Most Admired Companies list for fourth consecutive year, and executive role changes to align with their overall growth strategy.
Carrier Global Corporation CARR News Analytics from Tue, 09 Jul 2024 07:00:00 GMT to Thu, 29 May 2025 13:05:48 GMT - Rating 8 - Innovation 7 - Information 9 - Rumor -3
