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

Carnival (NYSE:CCL) had its price objective raised by research 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 objective points to a potential upside of 25.93% from the company’s current price.

Several other research firms have also weighed in on CCL. Citigroup lifted their price objective on shares of Carnival from $36.00 to $39.00 and gave the stock a “buy” rating in a research note on Monday, December 22nd. Wall Street Zen cut shares of Carnival from a “buy” rating to a “hold” rating in a research report on Saturday, October 4th. Wells Fargo & Company boosted their price target on shares of Carnival from $35.00 to $38.00 and gave the company an “overweight” rating in a report on Monday, December 22nd. Mizuho upped their price objective on shares of Carnival from $37.00 to $38.00 and gave the company an “outperform” rating in a research report on Monday, December 22nd. Finally, Cowen reaffirmed a “buy” rating on shares of Carnival in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $34.87.

Carnival Price Performance

Shares of CCL stock opened at $30.18 on Tuesday. The firm has a market cap of $35.23 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 1.13 and a beta of 2.51. Carnival has a 12 month low of $15.07 and a 12 month high of $32.89. 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 stock has a 50-day moving average price of $28.24 and a 200 day moving average price of $29.21.

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

Institutional Investors Weigh In On Carnival

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

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.