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Carnival (CCL)
NYSE:CCL
CCL Analyst Ratings
Strong Buy
15 Buy
4 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
CCL Stock 12 Month Forecast
Average Price Target
$36.76
▲(19.74% Upside)
| Highest Price Target$42.00 | Average Price Target$36.76 | Lowest Price Target$26.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Citi
$36→$39
Buy
27.04%
Upside
Reiterated
12/23/25
Bank of America Securities
$38→$40
Buy
30.29%
Upside
Reiterated
12/23/25
Reiterating Buy on Carnival: Stronger-Than-Expected Earnings, Improving Balance Sheet, and Structural Simplification Drive Higher $40 TargetWe slightly lower our 2026 net yield forecast from +3.0% to +2.6% while keeping our net cruise cost estimate of +3.2% unchanged. Our EPS estimate rises from $2.37 to $2.53 largely on lower fuel, just above guidance of $2.48. We slightly tweak our 1Q26 EPS estimate from $0.16 to $0.17, in-line with guidance, as we raise our unit cost forecast to +5.9% given cost timing and lower our net yield forecast to +1.7%, offset by lower estimated fuel costs. Our 2026E EBITDA is now $7,688M from $7,450M. Caribbean pressure mitigated by diversified sourcing Despite industry Caribbean capacity excluding CCL up +14% in 2026 and 35% of Caribbean, CCL expressed confidence in maintaining price.
Stifel Nicolaus
$38→$40
Buy
30.29%
Upside
Reiterated
12/22/25
Truist Financial
Hold
―
Reiterated
12/22/25
Barclays
$36→$37
Buy
20.52%
Upside
Reiterated
12/22/25
Jefferies
$37→$38
Buy
23.78%
Upside
Reiterated
12/22/25
Mizuho Securities
$37→$38
Buy
23.78%
Upside
Reiterated
12/22/25
Deutsche Bank
$33→$34
Hold
10.75%
Upside
Reiterated
12/22/25
Goldman Sachs
$31→$34
Buy
10.75%
Upside
Reiterated
12/22/25
Wells Fargo
$35→$38
Buy
23.78%
Upside
Reiterated
12/21/25
William Blair
Buy
―
Reiterated
12/19/25
Bernstein
$26
Hold
-15.31%
Downside
Reiterated
12/19/25
Morgan Stanley
$32
Hold
4.23%
Upside
Reiterated
12/19/25
UBS
$35→$37
Buy
20.52%
Upside
Reiterated
12/18/25
Analyst Type
Any
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Citi
$36→$39
Buy
27.04%
Upside
Reiterated
12/23/25
Bank of America Securities
$38→$40
Buy
30.29%
Upside
Reiterated
12/23/25
Reiterating Buy on Carnival: Stronger-Than-Expected Earnings, Improving Balance Sheet, and Structural Simplification Drive Higher $40 TargetWe slightly lower our 2026 net yield forecast from +3.0% to +2.6% while keeping our net cruise cost estimate of +3.2% unchanged. Our EPS estimate rises from $2.37 to $2.53 largely on lower fuel, just above guidance of $2.48. We slightly tweak our 1Q26 EPS estimate from $0.16 to $0.17, in-line with guidance, as we raise our unit cost forecast to +5.9% given cost timing and lower our net yield forecast to +1.7%, offset by lower estimated fuel costs. Our 2026E EBITDA is now $7,688M from $7,450M. Caribbean pressure mitigated by diversified sourcing Despite industry Caribbean capacity excluding CCL up +14% in 2026 and 35% of Caribbean, CCL expressed confidence in maintaining price.
Stifel Nicolaus
$38→$40
Buy
30.29%
Upside
Reiterated
12/22/25
Truist Financial
Hold
―
Reiterated
12/22/25
Barclays
$36→$37
Buy
20.52%
Upside
Reiterated
12/22/25
Jefferies
$37→$38
Buy
23.78%
Upside
Reiterated
12/22/25
Mizuho Securities
$37→$38
Buy
23.78%
Upside
Reiterated
12/22/25
Deutsche Bank
$33→$34
Hold
10.75%
Upside
Reiterated
12/22/25
Goldman Sachs
$31→$34
Buy
10.75%
Upside
Reiterated
12/22/25
Wells Fargo
$35→$38
Buy
23.78%
Upside
Reiterated
12/21/25
William Blair
Buy
―
Reiterated
12/19/25
Bernstein
$26
Hold
-15.31%
Downside
Reiterated
12/19/25
Morgan Stanley
$32
Hold
4.23%
Upside
Reiterated
12/19/25
UBS
$35→$37
Buy
20.52%
Upside
Reiterated
12/18/25
Best Analysts Covering Carnival
1 Month
xxx
Success Rate
13/16 ratings generated profit
Average Return
+10.77%
reiterated a xxx
rating 6 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 81.25% of your transactions generating a profit, with an average return of +10.77% per trade.
3 Months
xxx
Success Rate
11/16 ratings generated profit
Average Return
+13.25%
reiterated a xxx
rating 6 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 68.75% of your transactions generating a profit, with an average return of +13.25% per trade.
1 Year
Success Rate
17/18 ratings generated profit
Average Return
+25.52%
reiterated a buy rating 6 days ago
Copying Andrew Didora's trades and holding each position for 1 Year would result in 94.44% of your transactions generating a profit, with an average return of +25.52% per trade.
2 Years
xxx
Success Rate
16/16 ratings generated profit
Average Return
+50.01%
reiterated a xxx
rating 6 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +50.01% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
CCL Analyst Recommendation Trends
Rating
Aug 25
Sep 25
Oct 25
Nov 25
Dec 25
Strong Buy
0
0
0
0
1
Buy
30
29
28
34
38
Hold
8
7
6
7
8
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
38
36
34
41
47
Each month's total comprises the sum of three months' worth of ratings.
CCL Financial Forecast
CCL Stock Forecast FAQ
What is CCL’s average 12-month price target, according to analysts?
Based on analyst ratings, Carnival’s 12-month average price target is 36.76.
What is CCL’s upside potential, based on the analysts’ average price target?
Carnival has 19.74% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is CCL a Buy, Sell or Hold?
Carnival has a consensus rating of Strong Buy which is based on 15 buy ratings, 4 hold ratings and 0 sell ratings.
What is Carnival’s price target?
The average price target for Carnival is 36.76. This is based on 19 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $42.00 ,the lowest forecast is $26.00. The average price target represents 19.74% Increase from the current price of $30.7.
The highest analyst price target is $42.00 ,the lowest forecast is $26.00. The average price target represents 19.74% Increase from the current price of $30.7.
What do analysts say about Carnival?
Carnival’s analyst rating consensus is a Strong Buy. This is based on the ratings of 19 Wall Streets Analysts.
How can I buy shares of CCL?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.