Truist Financial Issues Pessimistic Forecast for Carnival (NYSE:CCL) Stock Price

Carnival (NYSE:CCL) had its price target dropped by equities researchers at Truist Financial from $34.00 to $30.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Truist Financial’s target price points to a potential upside of 18.68% from the company’s current price.

Several other research firms also recently weighed in on CCL. Mizuho lifted their price target on shares of Carnival from $37.00 to $38.00 and gave the company an “outperform” rating in a research note on Monday, December 22nd. Jefferies Financial Group increased their price objective on Carnival from $34.00 to $37.00 and gave the stock a “buy” rating in a research note on Monday, December 15th. Deutsche Bank Aktiengesellschaft raised their price objective on Carnival from $33.00 to $34.00 and gave the stock a “hold” rating in a report on Monday, December 22nd. Argus reiterated a “buy” rating and issued a $35.00 target price on shares of Carnival in a report on Monday, December 22nd. Finally, Zacks Research downgraded Carnival from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Twenty analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

Carnival Trading Down 0.7%

Carnival stock traded down $0.17 during midday trading on Tuesday, reaching $25.28. The stock had a trading volume of 12,502,747 shares, compared to its average volume of 23,553,270. The company has a quick ratio of 0.28, a current ratio of 0.32 and a debt-to-equity ratio of 1.96. The firm has a market cap of $31.32 billion, a price-to-earnings ratio of 12.62, a price-to-earnings-growth ratio of 0.92 and a beta of 2.42. Carnival has a 52-week low of $15.07 and a 52-week high of $34.03. The company has a fifty day moving average of $29.33 and a 200 day moving average of $28.99.

Carnival (NYSE:CCL) last announced its earnings results on Friday, December 19th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.09. The business had revenue of $6.33 billion during the quarter, compared to analyst estimates of $6.38 billion. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.14 earnings per share. On average, analysts anticipate that Carnival will post 1.77 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Carnival

Several hedge funds have recently made changes to their positions in the company. CVA Family Office LLC increased its holdings in shares of Carnival by 15.6% in the fourth quarter. CVA Family Office LLC now owns 2,597 shares of the company’s stock valued at $79,000 after purchasing an additional 350 shares during the period. Net Worth Advisory Group increased its holdings in Carnival by 2.9% in the 4th quarter. Net Worth Advisory Group now owns 12,383 shares of the company’s stock worth $378,000 after buying an additional 354 shares during the period. Triad Wealth Partners LLC lifted its stake in Carnival by 2.1% during the 4th quarter. Triad Wealth Partners LLC now owns 17,464 shares of the company’s stock valued at $533,000 after acquiring an additional 358 shares during the period. Commerzbank Aktiengesellschaft FI boosted its holdings in shares of Carnival by 3.5% in the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 10,540 shares of the company’s stock valued at $322,000 after acquiring an additional 358 shares during the last quarter. Finally, StoneX Group Inc. boosted its holdings in shares of Carnival by 4.9% in the 4th quarter. StoneX Group Inc. now owns 7,935 shares of the company’s stock valued at $242,000 after acquiring an additional 368 shares during the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Recent oil-price relief and signs of de‑escalation in the Middle East have lifted travel stocks and supported Carnival’s rally; lower fuel expectations reduce a key cost risk for cruise margins. Read More.
• Positive Sentiment: Institutional buying and continued buy/overweight analyst coverage (several firms still show high price targets) are providing support to the stock amid short‑term volatility. Read More.
• Neutral Sentiment: Carnival will report Q1 results on March 27; Bank of America and others flag that guidance will be watched for fuel cost impacts and regional pricing/mix given Carnival’s unhedged commodity exposure — guidance could swing sentiment. Read More.
• Neutral Sentiment: Company actions to simplify its dual‑listed capital structure (voluntary delisting of certain notes) and brand moves (Cunard partnership) are strategic but unlikely to move the stock materially ahead of earnings. Read More.
• Negative Sentiment: Several analysts have trimmed price targets and profit outlooks ahead of the quarter; some firms (Barclays, Truist references) have adjusted forecasts citing cost pressures — this raises downside risk if guidance disappoints. Read More.
• Negative Sentiment: Market commentary highlights the stock has been under pressure into earnings (analyst note: “extremely pressured ahead of earnings”), and insider sales disclosed in filings could add near‑term selling narrative. Read More.

Carnival Company Profile

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.