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The latest announcement is out from Carpenter Technology ( (CRS) ).
On November 10, 2025, Carpenter Technology announced its intention to offer $700 million in senior notes due 2034 through a private offering, aiming to use the proceeds to redeem and repay existing senior notes and for general corporate purposes. Additionally, the company is working on amending its credit facility with Bank of America, potentially increasing revolving commitments and extending the maturity date, which could impact its financial flexibility and stakeholder interests.
The most recent analyst rating on (CRS) stock is a Buy with a $388.00 price target. To see the full list of analyst forecasts on Carpenter Technology stock, see the CRS Stock Forecast page.
Spark’s Take on CRS Stock
According to Spark, TipRanks’ AI Analyst, CRS is a Outperform.
Carpenter Technology’s overall stock score is driven by strong financial performance and a positive earnings call, indicating robust demand and effective pricing strategies. However, the high valuation and overbought technical indicators suggest caution. The stock’s strong position in the Aerospace and Defense markets supports a positive outlook, but attention to valuation and market conditions is advised.
To see Spark’s full report on CRS stock, click here.
More about Carpenter Technology
Carpenter Technology Corporation is a leader in high-performance specialty alloy materials and process solutions, serving critical applications in aerospace, defense, medical, and other markets. Established in 1889, the company specializes in premium specialty alloys such as nickel, cobalt, and titanium.
Average Trading Volume: 912,091
Technical Sentiment Signal: Buy
Current Market Cap: $16.34B
For detailed information about CRS stock, go to TipRanks’ Stock Analysis page.