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Carpenter Technology Announces $700M Senior Notes Offering

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Carpenter Technology Announces $700M Senior Notes Offering

Meet Your ETF AI Analyst

The latest announcement is out from Carpenter Technology ( (CRS) ).

On November 10, 2025, Carpenter Technology announced the pricing of a $700 million private offering of 5.625% senior notes due 2034. The proceeds will be used to redeem existing senior notes due in 2028 and 2030, as well as for general corporate purposes. This strategic financial move is expected to optimize the company’s debt structure and support its operational goals.

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. Founded 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

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

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