Carnival (NYSE:CCL) Stock Price Expected to Rise, TD Cowen Analyst Says

Carnival (NYSE:CCL) had its price objective increased by analysts at TD Cowen from $35.00 to $38.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. TD Cowen’s price target indicates a potential upside of 23.92% from the company’s previous close.

A number of other equities research analysts have also recently weighed in on the company. Stifel Nicolaus boosted their price objective on Carnival from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, December 22nd. Jefferies Financial Group upped their price target on shares of Carnival from $34.00 to $37.00 and gave the company a “buy” rating in a research report on Monday, December 15th. Morgan Stanley set a $33.00 price objective on shares of Carnival in a research report on Wednesday, January 7th. Truist Financial set a $31.00 target price on shares of Carnival in a report on Monday, December 22nd. Finally, Melius Research raised their price target on Carnival from $30.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $34.87.

Carnival Stock Down 3.0%

CCL stock traded down $0.95 during midday trading on Tuesday, reaching $30.67. 11,237,188 shares of the company were exchanged, compared to its average volume of 17,469,398. The company has a market cap of $35.80 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 1.17 and a beta of 2.51. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.28 and a current ratio of 0.32. Carnival has a 1-year low of $15.07 and a 1-year high of $32.89. The stock’s 50-day simple moving average is $28.08 and its 200 day simple moving average is $29.18.

Carnival (NYSE:CCL) last issued its quarterly earnings data on Friday, December 19th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.02). Carnival had a return on equity of 28.39% and a net margin of 10.37%.The firm had revenue of $6.33 billion for the quarter, compared to analysts’ expectations of $6.38 billion. During the same period in the previous year, the business posted $0.14 EPS. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. On average, equities analysts forecast that Carnival will post 1.77 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in CCL. Evolution Wealth Management Inc. acquired a new position in Carnival during the second quarter worth $25,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Carnival during the 3rd quarter worth $25,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of Carnival in the 2nd quarter worth about $28,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in Carnival by 182.0% in the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,021 shares of the company’s stock valued at $30,000 after acquiring an additional 659 shares during the last quarter. Finally, LRI Investments LLC purchased a new position in Carnival during the 3rd quarter valued at about $30,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

About Carnival

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.