Our outstanding full-back and current Player of the Year has been out since December - barring a 30-minute stint at Manchester City - with a groin injury and hernia operation.
The predicted completion of his rehabilitation always coincided with this weekend and, with that rehab going to plan so far, Stephen is hoping to put himself in the frame for the big one.
The Irish star revealed: "Things are coming along fine, I’m gradually getting my fitness levels back up and hopefully I’ll be involved on Sunday.
"At the moment I feel really good, touch wood, and it’s about getting games in during training, getting my sharpness and fitness back up because it’s been nearly three months now without a game. We’ll have to see.
"If I was to play, if selected by the manager, I don’t think fitness would come into it.
"The adrenalin that would be pumping in a semi-final against Arsenal, mentally you wouldn’t think about it.
"You would be tired but there is no better game to come back into than your arch-rivals in the FA Cup semi-final with a chance to get to the FA Cup Final. This was always a target for me and was in the time scale I was given to come back in.
"I wasn’t going to say that at the time because I didn’t want to put myself under pressure, but at the moment I feel really good, I’m not getting any pain and it’s safe to say I’m hopeful.
"It will be up to the manager but I’m up for selection, that’s the main thing."
By Paul Miles
Stephen Carr says he is ‘very hopeful’ of being ready to play in Sunday’s FA Cup semi-final against Arsenal.