Not a good buy right now for an impatient entry: near-term technical/price-action signals skew to a pullback while proprietary signals are absent.
Upside case is intact (aerospace demand, raised FY2026 outlook, bullish Street targets), but the current setup offers an unfavorable immediate risk/reward versus nearby support.
Best read: strong company, slightly weak/fragile timing today—treat as a hold until momentum turns back up or price proves support.
Technical Analysis
Trend/Momentum: MACD histogram is negative (-1.284) and only contracting (selling pressure easing, but still bearish bias).
RSI (6): 51.5 (neutral) → no clear oversold “snap-back” signal to justify an aggressive impatient buy.
Moving averages: converging → typically indicates consolidation/transition rather than a clean trend-following entry.
Key levels: Pivot 323.35 is the near-term “line in the sand.” Current 328.29 sits only modestly above it → limited buffer if sellers press.
Resistance/targets: R1 350.41 then R2 367.13; Support: S1 296.28.
Pattern-based projection (from similar candlesticks): points to weakness near term (-4.22% next day, -3.67% next week) before a better 1-month profile (+10.02%).
Wall Street cons: quarter-to-quarter mix volatility and execution sensitivity; near-term headline/financing noise can create choppy trading even in a strong fundamental trend.
Influential/Political trading: no recent congress trading data available; insiders noted as neutral and no significant recent insider trend.
Wall Street analysts forecast CRS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRS is 389.67 USD with a low forecast of 365 USD and a high forecast of 425 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast CRS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRS is 389.67 USD with a low forecast of 365 USD and a high forecast of 425 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 348.650
Low
365
Averages
389.67
High
425
Current: 348.650
Low
365
Averages
389.67
High
425
BTIG
Andre Madrid
Buy
maintain
$365 -> $375
AI Analysis
2026-01-30
Reason
BTIG
Andre Madrid
Price Target
$365 -> $375
AI Analysis
2026-01-30
maintain
Buy
Reason
BTIG analyst Andre Madrid raised the firm's price target on Carpenter Technology to $375 from $365 and keeps a Buy rating on the shares after its Q2 earnings beat. Carpenter has delivered consistent sequential improvements in price and profit per pound, though it also noted that product mix could drive Q/Q fluctuations, the analyst tells investors in a research note.
TD Cowen
Gautam Khanna
Buy
maintain
$340 -> $380
2025-11-14
Reason
TD Cowen
Gautam Khanna
Price Target
$340 -> $380
2025-11-14
maintain
Buy
Reason
TD Cowen analyst Gautam Khanna raised the firm's price target on Carpenter Technology to $380 from $340 and keeps a Buy rating on the shares. The firm updated its model following meetings with management.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for CRS