<div id="readability-page-1"><div><ul> <li>Carrier Global (NYSE:CARR) plans to cut 3,000 jobs as part of a broad restructuring.</li> <li>The company intends to divest its Riello heating solutions business.</li> <li>Carrier is expanding its presence in data center cooling to capture rising demand for thermal management.</li> <li>The company has increased share repurchases as part of its capital return plans.</li> </ul> <p>Carrier Global is a major player in heating, ventilation, air conditioning and refrigeration, as well as fire and security solutions. The move toward data center cooling aligns with growing digital infrastructure needs, where reliable temperature control is critical for server performance. At the same time, the planned Riello divestiture and workforce changes indicate a more focused operating footprint.</p> <p>For investors, these decisions highlight where NYSE:CARR is concentrating time and capital. The combination of business reshaping and larger buybacks may affect Carrier's risk profile, earnings mix and exposure to long term trends in data infrastructure and building technologies.</p> <p>Stay updated on the most important news stories for Carrier Global by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Carrier Global.</p> <figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/dfdff0af-b14d-4eda-9736-ebcfae3379cd/chart/earnings-and-revenue-growth?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/dfdff0af-b14d-4eda-9736-ebcfae3379cd/chart/earnings-and-revenue-growth"/><figcaption>NYSE:CARR Earnings &amp; Revenue Growth as at Feb 2026</figcaption></figure> <p>📰 Beyond the headline: 1 risk and 3 things going right for Carrier Global that every investor should see.</p> <p>For you as an investor, the key question is whether Carrier Global is successfully reshaping its business toward areas it sees as higher priority. The 3,000 job cuts and Riello sale point to a leaner footprint and a tilt away from lower margin or less core activities. At the same time, management is leaning into data center cooling, a segment where peers like Trane Technologies and Johnson Controls are also active, and where Carrier is targeting US$1b of revenue in 2025 with orders of US$1.5b expected in 2026. This shift comes alongside mixed recent results, with 2025 full year revenue of US$21.7b compared to US$22.5b a year earlier and net income of US$1.5b compared to US$5.6b.</p> <h3>How This Fits Into The Carrier Global Narrative</h3> <ul> <li>The expansion in data center cooling and AI-powered Abound tools fits with the narrative that Carrier is leaning into higher value thermal management and smart energy solutions that could support future revenue and earnings.</li> <li>Weaker residential and light commercial demand, along with lower reported revenue and net income year on year, challenges the assumption that all HVAC segments will contribute evenly to that future growth story.</li> <li>The large workforce reduction and Riello divestiture are not central in the existing narrative, yet they could be important for cost structure, execution risk and how quickly Carrier can pivot its business mix.</li> </ul> <p>Knowing what a company is worth starts with understanding its story. Check out one of the top narratives in the Simply Wall St Community for Carrier Global to help decide what it is worth to you.</p> <h3>The Risks and Rewards Investors Should Consider</h3> <ul> <li>Execution risk around integrating data center projects and restructuring costs from 3,000 job cuts could pressure margins if savings are slower or smaller than planned.</li> <li>Carrier has been flagged as having a high level of debt, which can matter when funding buybacks, a US$3.06b shelf registration and business reshaping at the same time.</li> <li>Earnings grew 31.3% over the past year and are forecast to grow 15.46% per year, which, if achieved, would support the decision to concentrate capital in higher conviction areas like data center cooling.</li> <li>Shares are trading 0.2% below one fair value estimate and analysts see 3 key rewards, suggesting there may still be upside if the company delivers on its cost and growth plans.</li> </ul> <h3>What To Watch Going Forward</h3> <p>From here, you might watch how quickly Carrier closes the Riello sale, realizes savings from the 3,000 job cuts and translates its US$1b data center cooling target into revenue and margin trends. The pace and size of 2026 share repurchases versus free cash flow, any use of the new US$3.06b shelf registration, and the mix between residential, commercial and data center orders will also help you judge whether the business reset is tracking to plan.</p> <p>To stay updated on how the latest news impacts the investment narrative for Carrier Global, head to the community page for Carrier Global to follow the top community narratives.</p> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data     and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your     financial situation. We aim to bring you long-term focused analysis driven by fundamental data.     Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.     Simply Wall St has no position in any stocks mentioned.</em></p><div><h3><strong>New: </strong>AI Stock Screener &amp; Alerts</h3><p>Our new AI Stock Screener scans the market every day to uncover opportunities.</p><div><p>• Dividend Powerhouses (3%+ Yield)<br/>• Undervalued Small Caps with Insider Buying<br/>• High growth Tech and AI Companies</p><p>Or build your own from over 50 metrics.</p></div><p>Explore Now for Free</p></div></div></div>

CARR

HVAC

<p>Carrier Global (NYSE:CARR) is restructuring by cutting 3,000 jobs and divesting its Riello heating solutions business to focus on data center cooling, aiming for $1 billion in revenue by 2025. The company is increasing share buybacks as part of its capital return strategy. Despite mixed recent financial results, Carrier is targeting higher value thermal management solutions. Investors should monitor the progress of the Riello sale, job cuts, and revenue trends in data center cooling, as these factors will influence the company's risk profile and growth potential.</p>

Carrier Global Reshapes Portfolio Toward Data Center Cooling And Buybacks