Abstract The study analyzed the dynamics mechanical properties of carbon fiber‐reinforced polyetheretherketone (CF/PEEK) under multi‐consecutive temperature scans and establish an evaluation model of storage modulus to facilitate application in high/low temperature. The dynamic mechanical properties of CF/PEEK laminate sheets obtained via hot‐pressing procedure were subjected to a dynamic mechanical cycle test. The micromorphology and microstructure were observed with a scanning electron microscopy. The structural evolution of CF/PEEK and the interface between carbon fiber and PEEK matrix were analyzed. The characteristic variation of storage modulus, loss modulus, and loss factor are discussed and the damping properties are studied in different temperature ranges. The results show that the dynamic mechanical properties of CF/PEEK were become stabilized after the first temperature scan, while the glass transition temperature remained basically unchanged. The storage modulus of the material increased by 15.8% and the peak value of the loss factor curve increased by 14.4%. Based on the experimental data, an evaluation model of the storage modulus was formulated and validated by the test results obtained to provide an accurately predicting the dynamic mechanical properties of CF/PEEK and expand its engineering applications.