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CCL Stock Chart & Stats
$26.33
$1.06(4.19%)
At close: 4:00 PM EDT
$26.33
$1.06(4.19%)
Day’s Range― - ―
52-Week Range$23.45 - $34.03
Previous CloseN/A
Volume23.02M
Average Volume (3M)21.86M
Market Cap
$38.09B
Enterprise Value$62.89K
Total Cash (Recent Filing)$2.24B
Total Debt (Recent Filing)$26.17B
Price to Earnings (P/E)12.0
Beta1.72
Next Earnings
Sep 17, 2026EPS Estimate
1.35Next Dividend Ex-DateN/A
Dividend Yield1.08%
Share Statistics
EPS (TTM)2.31
Shares Outstanding1,369,649,200
10 Day Avg. Volume17,822,368
30 Day Avg. Volume21,858,501
Financial Highlights & Ratios
PEG Ratio0.31
Price to Book (P/B)2.77
Price to Sales (P/S)1.28
P/FCF Ratio13.05
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$33.36Price Target Upside26.69% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering21
EPS Forecast (FY)2.24
Revenue Forecast (FY)$27.62B
Bulls Say, Bears Say
Bulls Say
Cash GenerationSustained positive OCF and growing FCF materially improve the company’s ability to service debt, fund fleet modernization and destination investments, and support buybacks/dividends. Strong cash generation reduces refinancing risk and underpins deleveraging over the next several quarters.
Profitability & MarginsHealthy margins and a return to consistent profitability reflect structural improvement since the pandemic. Durable margin expansion increases cash flow convertibility and provides a buffer against cyclical demand dips, supporting reinvestment and balance-sheet repair over a multi-quarter horizon.
Commercial Momentum & BookingsRecord deposits and high forward bookings provide multi-quarter revenue visibility and pricing power, enabling disciplined capacity deployment and yield management. This forward cash and advanced pricing lessen short-term demand risk and support operational planning and financial forecasting.
Bears Say
Elevated LeverageDespite meaningful improvement, the absolute debt load remains sizable for a cyclical leisure operator. Elevated leverage limits financial flexibility, increases interest expense sensitivity to rate moves, and constrains capital allocation should demand soften or cash flow unexpectedly weaken.
Cyclical Demand SensitivityCruise revenue has reverted from rebound-era spikes to more moderate growth, highlighting dependence on macro and travel cycles. Inconsistent year-to-year growth increases earnings volatility risk and means sustained high bookings/pricing are required to maintain margins and deleveraging momentum.
Geopolitical & Fuel VolatilityExposure to regional geopolitical disruption and fuel-price swings can materially compress yields and raise unit costs. These external cost and demand shocks can persist across quarters, eroding revenue per passenger and pressuring margins until travel patterns and fuel costs normalize.
CCL FAQ
What was Carnival Corporation’s price range in the past 12 months?
Carnival Corporation lowest stock price was $23.45 and its highest was $34.03 in the past 12 months.
What is Carnival Corporation’s market cap?
Carnival Corporation’s market cap is $38.09B.
When is Carnival Corporation’s upcoming earnings report date?
Carnival Corporation’s upcoming earnings report date is Sep 17, 2026 which is in 45 days.
How were Carnival Corporation’s earnings last quarter?
Carnival Corporation released its earnings results on Jun 23, 2026. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.344 by $0.066.
Is Carnival Corporation overvalued?
According to Wall Street analysts Carnival Corporation’s price is currently Undervalued.
Does Carnival Corporation pay dividends?
Carnival Corporation pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 1.08%. See more information on Carnival Corporation dividends here
What is Carnival Corporation’s EPS estimate?
Carnival Corporation’s EPS estimate is 1.35.
How many shares outstanding does Carnival Corporation have?
Carnival Corporation has 1,369,649,200 shares outstanding.
What happened to Carnival Corporation’s price movement after its last earnings report?
Carnival Corporation reported an EPS of $0.41 in its last earnings report, beating expectations of $0.344. Following the earnings report the stock price went down -4.869%.
Which hedge fund is a major shareholder of Carnival Corporation?
Currently, no hedge funds are holding shares in CCL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Carnival Stock Smart Score
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
$33.36 (26.69% Upside)
$33.36 (26.69% Upside)
Blogger Sentiment
Bullish
CCL Sentiment 88%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 719.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.85%
12-Months-Change
Fundamentals
Return on Equity
1.08%
Trailing 12-Months
Asset Growth
2.08%
Trailing 12-Months
Company Description
Carnival Corporation
Carnival Corporation & plc (CCL) is a global leisure travel company focused on the cruise industry. Through a portfolio of cruise brands, it operates passenger cruise ships that offer vacation itineraries across multiple regions, providing onboard lodging, dining, entertainment, and shore excursions. The company’s core service is selling cruise vacations and related travel experiences to consumers through direct channels and travel agents.
CCL Company Deck
CCL Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented strong operational and financial outperformance: record revenue metrics, solid yield and booking momentum (including strong early 2027 bookings), meaningful cost management wins, improved fuel efficiency and a stronger leverage profile that enabled material share repurchases and continued investment in fleet and destinations. These positives were partially offset by transitory but meaningful headwinds from the prolonged Middle East conflict that pressured yields—primarily in Europe—elevated fuel and travel costs, and produced short‑term demand disruption. Management characterizes the yield impact as temporary and emphasized durable structural improvements (commercial capabilities, disciplined fleet strategy, destination assets, and permanent cost savings). Given the breadth and magnitude of operational and balance-sheet gains relative to the described transitory disruptions, the overall tone is constructive.View all CCL earnings summariesCCL Revenue Breakdown
65.43% Passenger ticket
34.57% Onboard and other

CCL Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$33.36
▲(26.69% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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Ownership Overview
7.15% Insiders
3.70% Mutual Funds
1.64% Other Institutional Investors
63.43% Public Companies and Individual Investors










