For the second quarter of 2026, analysts expect Carrier Global to report consensus revenue of $6.02 billion and an adjusted EPS of $0.83, while the stock currently trades around $68.88 compared to a mean price target of $74.57.
Investors are primarily focused on the growth of the company’s data center cooling business, which is serving as a critical offset to persistent weakness in the residential HVAC market.
The commercial segment recently saw data center orders surge by over 500%, highlighting a strategic pivot toward digital infrastructure that management expects to generate $1.5 billion in annual sales. However, analysts remain cautious about the impact of tariffs and rising input costs on margins, particularly within the Climate Solutions Americas segment.