Carrier at Baird 2026 Global Industrial Conference: growth and costs

Carrier Global Corp. presented a stronger, more focused outlook for growth at the Baird 2026 Global Industrial Conference. The company reported record backlogs, rapid expansion in data centers, and a resilient aftermarket, while acknowledging heavy input-cost pressures. Carrier expects about 10% organic growth in 2026, followed by mid-to-high single-digit growth in 2027, driven by its data center business, which is projected to reach $3 billion in 2027.

Management highlighted the company's reshaping into a more focused entity since its spin-off, with improved commercial HVAC win rates and a broader ecosystem of services and solutions. Despite near-term cost pressures, Carrier's stock is currently trading near its 52-week low, with potential upside according to InvestingPro analysis.

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