Carpenter Technology Announces New Chairman Appointment

Carpenter Technology ( (CRS) ) has issued an announcement.

On August 12, 2025, Carpenter Technology Corporation announced the retirement of I. Martin Inglis as Chairman of the Board, with Tony R. Thene, the current President and CEO, appointed as his successor. Additionally, Brian J. Malloy was promoted to President and COO, effective October 7, 2025, as part of the company’s succession plans, highlighting Carpenter Technology’s commitment to strategic growth and leadership continuity.

The most recent analyst rating on (CRS) stock is a Buy with a $175.00 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 strong financial performance and positive earnings call outlook are the primary drivers of its stock score. However, technical indicators suggest potential bearish momentum, and the stock’s valuation appears high, which tempers the overall score.

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 and defense, medical, transportation, energy, and industrial and consumer markets. Established in 1889, the company specializes in premium specialty alloys such as nickel, cobalt, and titanium.

Average Trading Volume: 989,510

Technical Sentiment Signal: Buy

Current Market Cap: $12.81B

Learn more about CRS stock on TipRanks’ Stock Analysis page.