Today: 21 March 2026
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NYSE:CRS 8 January 2026 - 3 February 2026

Carpenter Technology stock price jumps nearly 8% as raised outlook keeps CRS in focus

Carpenter Technology stock price jumps nearly 8% as raised outlook keeps CRS in focus

Carpenter Technology shares jumped 7.8% to $335.75 Tuesday after the company raised its full-year profit outlook and reported record second-quarter operating income of $155.2 million. Trading volume reached 1.2 million shares by mid-afternoon. The company cited strong aerospace and defense demand and projected Q3 operating income of $177 million to $182 million. Investors await third-quarter results due April 23.
Carpenter Technology stock slides as investors size up Jan. 29 earnings catalyst

Carpenter Technology stock slides as investors size up Jan. 29 earnings catalyst

Carpenter Technology shares dropped 8% to $312.33 Thursday after hitting a new intraday high, reversing early gains. The move comes ahead of its Jan. 29 earnings report, with the company previously forecasting strong operating income. The decline outpaced specialty-metals peers ATI, Materion, and Metallus. Trading was volatile as Treasury yields rose and defense shares rallied on calls for a larger military budget.

Stock Market Today

  • Eli Lilly Valuation: Is $906.70 Share Price Still a Buy After 400% Rise?
    March 21, 2026, 10:11 AM EDT. After soaring 414.3% over five years, Eli Lilly (LLY) closed recently at $906.70. Despite a strong 9.1% return in the past year, the stock faced shorter-term pullbacks up to 16.1% year-to-date. Analysts applying a discounted cash flow (DCF) model estimate an intrinsic value near $1,444.16, suggesting shares may be undervalued by about 37%. Eli Lilly's price-to-earnings ratio stands at 39.24, higher than sector norms, reflecting expectations of continued growth. The multi-faceted valuation approach highlights robust future cash flow projections amid active market sentiment shaped by new therapies and investor interest. While gains have been significant, caution remains amid recent volatility and sector comparisons.
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