Carpenter Technology Corporation (CRS) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$444.93
Price Target
$474.50
Target Range
$450.00 — $500.00
Analyst Rating
Buy
Forward P/E43.2x
Trailing P/E60.0x
Forward PEG0.20
Implied Growth+8.3%
Median Target$474.00
Analyst Spread10.5%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$450
+1.1%
Consensus
$475
+6.6%
Bull Case
$500
+12.4%
CRS Price Target Analysis
Updated May 8, 2026As of May 8, 2026, Carpenter Technology Corporation (CRS) has a Wall Street consensus price target of $474.50, based on estimates from 20 covering analysts. With the stock currently trading at $444.93, this represents a potential upside of +6.6%. The company has a market capitalization of $22.11B.
Analyst price targets range from a low of $450.00 to a high of $500.00, representing a 11% spread in expectations. The median target of $474.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 14 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 1 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, CRS trades at a trailing P/E of 60.0x and forward P/E of 43.2x. The forward PEG ratio of 0.20 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow +8.3% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+3.3%
Avg Forward P/E26.3x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 ATIATI Inc. | $22.3B | $162.59 | $173.40 | +6.6% | Buy | 37.9x | 29 |
 HWMHowmet Aerospace Inc. | $109.3B | $272.54 | $274.67 | +0.8% | Buy | 58.7x | 23 |
 NUENucor Corporation | $51.6B | $226.70 | $222.83 | -1.7% | Buy | 16.2x | 32 |
 STLDSteel Dynamics, Inc. | $33.7B | $232.92 | $188.40 | -19.1% | Buy | 15.6x | 27 |
 CMCCommercial Metals Company | $7.8B | $70.50 | $82.75 | +17.4% | Buy | 10.8x | 26 |
 RSReliance Steel & Aluminum Co. | $18.9B | $369.15 | $362.00 | -1.9% | Hold | 18.9x | 27 |
 ZEUSOlympic Steel, Inc. | $533M | $47.86 | $41.00 | -14.3% | Buy | 20.7x | 6 |
 KALUKaiser Aluminum Corporation | $2.9B | $176.16 | $160.00 | -9.2% | Hold | 18.7x | 22 |
 GEGE Aerospace | $316.2B | $302.63 | $386.20 | +27.6% | Buy | 40.0x | 34 |
 RTXRTX Corporation | $238.1B | $176.78 | $224.89 | +27.2% | Buy | 25.5x | 26 |
Upside Potential Comparison
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Start ComparisonCRS — Frequently Asked Questions
Quick answers to the most common questions about buying CRS stock.
What is the CRS stock price target for 2026?
The consensus price target for CRS is $474.5, close to the current price of $444.93 (6.6% implied move). Based on 20 analyst estimates, the stock appears fairly valued near current levels.
Is CRS a buy, sell, or hold?
CRS has a consensus rating of "Buy" based on 20 Wall Street analysts. The rating breakdown is predominantly bullish, with 14 Buy/Strong Buy ratings. The consensus 12-month price target of $474.5 implies 6.6% upside from current levels.
Is CRS stock overvalued or undervalued?
At a forward P/E of 43.1502x, CRS trades at a premium valuation. The consensus price target of $474.5 (6.6% upside) suggests analysts may view current valuations as stretched.
How high can CRS stock go?
The most bullish Wall Street analyst has a price target of $500 for CRS, while the most conservative target is $450. The consensus of $474.5 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover CRS stock?
CRS is well covered by analysts, with 20 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 14 have Buy ratings, 5 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the CRS stock forecast?
The 12-month CRS stock forecast based on 20 Wall Street analysts shows a consensus price target of $474.5, with estimates ranging from $450 (bear case) to $500 (bull case). The median consensus rating is "Buy".
What is CRS's forward P/E ratio?
CRS trades at a forward P/E ratio of 43.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 60.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy CRS stock?
CRS appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $474.5 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do CRS price targets vary so much?
CRS analyst price targets range from $450 to $500, a 11% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $474.5 consensus represents the middle ground.