CARNIVAL CORP (CCL) Forecast, Price Target & Analyst Ratings

NYSE:CCL • PA1436583006

Current stock price

24.16 USD
-0.93 (-3.71%)
At close:
24.163 USD
+0 (+0.01%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CARNIVAL CORP (CCL).

Forecast Snapshot

Consensus Price Target

Price Target
$38.25
+ 58.32% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Mar 19, 2026
Period
Q1 / 2026
EPS Estimate
$0.18
Revenue Estimate
6.187B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
81.25%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$38.25
Upside
+ 58.32%
From current price of $24.16 to mean target of $38.25, Based on 32 analyst forecasts
Low
$26.26
Median
$38.76
High
$48.30

Price Target Revisions

1 Month
0.00%
3 Months
8.31%

Price Target Summary

32 Wall Street analysts provided a forecast for the next 12 months for CCL. The average price target is 38.25 USD. This implies a price increase of 58.32% is expected in the next year compared to the current price of 24.16.
The average price target has been revised upward by 8.31% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CCL Current Analyst RatingCCL Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

CCL Historical Analyst RatingsCCL Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
81.25%
CCL was analyzed by 32 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about CCL.
In the previous month the buy percentage consensus was at a similar level.
CCL was analyzed by 32 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-11StifelMaintains Buy -> Buy
2026-03-11Goldman SachsMaintains Buy -> Buy
2026-03-05Wells FargoMaintains Overweight -> Overweight
2026-01-22Truist SecuritiesMaintains Hold -> Hold
2026-01-13TD CowenMaintains Buy -> Buy
2026-01-12UBSMaintains Buy -> Buy
2026-01-12B of A SecuritiesMaintains Buy -> Buy
2026-01-06BernsteinMaintains Market Perform -> Market Perform
2025-12-22MizuhoMaintains Outperform -> Outperform
2025-12-22Argus ResearchReiterate Buy -> Buy
2025-12-22Deutsche BankMaintains Hold -> Hold
2025-12-22StifelMaintains Buy -> Buy
2025-12-22BarclaysMaintains Overweight -> Overweight
2025-12-22Wells FargoMaintains Overweight -> Overweight
2025-12-22CitigroupMaintains Buy -> Buy
2025-12-18UBSMaintains Buy -> Buy
2025-12-17BarclaysMaintains Overweight -> Overweight
2025-12-16SusquehannaMaintains Positive -> Positive
2025-12-15JefferiesMaintains Buy -> Buy
2025-12-12Wells FargoMaintains Overweight -> Overweight
2025-12-12CitigroupMaintains Buy -> Buy
2025-12-01Wells FargoMaintains Overweight -> Overweight
2025-11-18Wells FargoInitiate Overweight
2025-10-15Tigress FinancialMaintains Buy -> Buy
2025-10-01Morgan StanleyMaintains Equal-Weight -> Equal-Weight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Mar 19, 2026
Period
Q1 / 2026
EPS Estimate
$0.18
Revenue Estimate
6.187B
Revenue Q2Q
6.49%
EPS Q2Q
40.79%
Number of Analysts
22

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.52%
EPS (1 Month)
-1.51%
EPS (3 Months)
0.17%

Next Earnings Summary

CCL is expected to report earnings on 3/19/2026. The consensus EPS estimate for the next earnings is 0.18 USD and the consensus revenue estimate is 6.19B USD.
The next earnings revenue estimate has been revised upward by 0.52% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
CCL revenue by date.CCL revenue by date.
21.593B
77.46%		25.021B
15.88%		26.622B
6.40%		28.135B
5.68%		29.167B
3.67%		30.425B
4.31%		31.842B
4.66%		32.639B
2.50%		34.815B
6.67%		36.38B
4.50%		N/A
EBITDA
YoY % growth
CCL ebitda by date.CCL ebitda by date.
4.326B
359.98%		6.131B
41.72%		7.273B
18.63%		7.777B
6.93%		8.237B
5.91%		8.722B
5.89%		9.31B
6.74%		9.555B
2.63%		9.738B
1.92%		10.296B
5.73%		N/A
EBIT
YoY % growth
CCL ebit by date.CCL ebit by date.
1.956B
149.66%		3.574B
82.72%		4.483B
25.43%		4.786B
6.76%		5.106B
6.69%		5.509B
7.89%		5.905B
7.19%		6.115B
3.56%		6.382B
4.37%		6.822B
6.89%		7.286B
6.80%
Operating Margin
CCL operating margin by date.CCL operating margin by date.
9.06%14.28%16.84%17.01%17.51%18.11%18.54%18.74%18.33%18.75%N/A
EPS
YoY % growth
CCL eps by date.CCL eps by date.
-0.07
98.52%		1.38
2,071.43%		2.25
63.04%		2.58
14.53%		2.87
11.35%		3.26
13.49%		3.72
14.24%		4.01
7.78%		4.46
11.34%		5.05
13.12%		5.68
12.40%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		0.18
40.79%		0.49
39.74%		1.53
6.97%		0.34
1.24%		0.24
28.46%		0.56
14.24%		1.63
6.43%		0.42
22.65%		0.28
20.27%		0.63
12.08%		1.75
7.32%		0.52
23.21%
Revenue
Q2Q % growth		6.187B
6.49%		6.747B
6.62%		8.632B
5.88%		6.559B
3.62%		6.364B
2.86%		6.974B
3.36%		8.944B
3.61%		6.861B
4.60%		6.642B
4.37%		7.25B
3.96%		9.317B
4.17%		7.208B
5.06%
EBITDA
Q2Q % growth		1.27B
6.10%		1.723B
-24.43%		3.237B
-25.33%		1.548B
-56.09%		1.366B
7.56%		1.845B
7.08%		3.348B
3.43%		1.647B
6.40%		1.466B
7.32%		1.95B
5.69%		3.527B
5.35%		1.783B
8.26%
EBIT
Q2Q % growth		549.6M
1.22%		983.04M
5.25%		2.474B
8.94%		765.26M
4.12%		553.48M
0.71%		1.02B
3.76%		2.549B
3.03%		859.01M
12.25%		638.72M
15.40%		1.091B
6.96%		2.708B
6.24%		987.07M
14.91%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CCL Yearly Revenue VS EstimatesCCL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 10B 20B 30B
CCL Yearly EPS VS EstimatesCCL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 2 -2 4 -4 -6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
13.11%
EPS Next 5 Year
12.25%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
4.15%
Revenue Next 5 Year
3.92%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
25.61%
EBIT Next 5 Year
16.77%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CARNIVAL CORP / CCL Forecast FAQ

What is the average price target for CARNIVAL CORP (CCL) stock?

32 analysts have analysed CCL and the average price target is 38.25 USD. This implies a price increase of 58.32% is expected in the next year compared to the current price of 24.16.

When does CARNIVAL CORP (CCL) report earnings?

CARNIVAL CORP (CCL) will report earnings on 2026-03-19, before the market open.

What are the consensus estimates for CARNIVAL CORP (CCL) next earnings?

The consensus EPS estimate for the next earnings of CARNIVAL CORP (CCL) is 0.18 USD and the consensus revenue estimate is 6.19B USD.

How many analysts have analysed CARNIVAL CORP (CCL)?

The number of analysts covering CARNIVAL CORP (CCL) is 32.