Carrier Global Corporation reported fiscal Q1 2026 earnings of $5.34 billion, reflecting a 2.36% year-over-year increase, despite missing earnings expectations with a GAAP EPS of $0.28. The company experienced an impressive 500% surge in data center orders, prompting analysts at Barclays and Argus Research to raise their price targets. As Carrier pivots towards core climate solutions with the sale of its Riello business, it remains confident in achieving total sales of approximately $22 billion for 2026, bolstered by substantial free cash flow.