Bullish Case: Recent buy rating with a $100 price target [Business Insider], and historical profitability support a positive outlook for CRS despite broader sector challenges.


Bearish Case: Recent workforce cut [Market Watch] and the consistent negative performance over several time frames [Helium, Helium, Helium] imply potential ongoing difficulties.


Potential Outcomes:

1) Analysts' positive ratings boost confidence, market aligns (30% chance).

2) Sector headwinds continue, stock underperforms (50% chance).

3) Surprise positive earnings drive a rebound (20% chance).


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February 06, 2024


Carpenter Technology Forecast

[CRS]  Carpenter Technology
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)



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CRS Balanced News:
















Correlated Stock Forecasts

Assets that tend to move strongly with CRS



COUR Forecast + Options Trading Strategies   [COUR]  Coursera (0.92)


FTI Forecast + Options Trading Strategies   [FTI]  TechnipFMC (0.9)


CASY Forecast + Options Trading Strategies   [CASY]  Casey's General Stores (0.9)


APO Forecast + Options Trading Strategies   [APO]  Apollo (0.89)


DELL Forecast + Options Trading Strategies   [DELL]  Dell (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to CRS



ARW Forecast + Options Trading Strategies   [ARW]  Arrow Electronics (-0.0)


COHR Forecast + Options Trading Strategies   [COHR]  Coherent (0.0)


ABBV Forecast + Options Trading Strategies   [ABBV]  Abbvie (-0.0)


BDX Forecast + Options Trading Strategies   [BDX]  Becton, Dickinson And Company (-0.0)


XYL Forecast + Options Trading Strategies   [XYL]  Xylem (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CRS



UVXY Forecast + Options Trading Strategies   [UVXY]  ProShares Ultra VIX Short-Term Futures (-0.87)


SKIN Forecast + Options Trading Strategies   [SKIN]  Beauty Health Company (The) (-0.88)


NVCR Forecast + Options Trading Strategies   [NVCR]  NovoCure (-0.88)


FGEN Forecast + Options Trading Strategies   [FGEN]  FibroGen (-0.89)


ILMN Forecast + Options Trading Strategies   [ILMN]  Illumina (-0.9)


CRS News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent CRS News






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