The structure and functioning of temperate forests are shifting due to changes in climate. Foreseeing the trajectory of such changes is critical to implementing adequate management practices and defining long-term strategies. This study investigated future shifts in temperate forest species composition and abundance expected to occur due to climate change. It also identified the ecological mechanisms underpinning such changes. Using an altitudinal gradient in the Romanian Carpathian temperate forests encompassing several vegetation types, we explored forest change using the Landis-II landscape model coupled with the PnET ecophysiological process model. We specifically assessed the change in biomass, forest production, species composition and natural disturbance impacts under three climate change scenarios, namely, RCP 2.6, 4.5 and 8.5. The results show that, over the short term (15 years), biomass across all forest types in the altitudinal gradient will increase, and species composition will remain unaltered. In contrast, over the medium and long terms (after 2040), changes in species composition will accelerate, with some species spreading (e.g., Abies alba Mill.) and others declining (e.g., Fagus sylvatica L.), particularly under the most extreme climate change scenario. Some forest types (e.g., Picea abies (L.) karst forests) in the Southern Carpathians will notably increase their standing biomass due to climate change, compared to other types, such as Quercus forests. Our findings suggest that climate change will alter the forest composition and species abundance, with some forests being particularly vulnerable to climate change, e.g., F. sylvatica forests. As far as productivity and forest composition changes are concerned, management practices should accommodate the new conditions in order to mitigate climate change impacts.