Carnival Corporation & plc (CCL)

US — Consumer Cyclical Sector
Peers: EBAY  YUM  DHI  CPRT  LVS  LEN  CMG  FLUT  TCOM 

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Key Metrics & Ratings

  • symbol CCL
  • Rev/Share 20.2749
  • Book/Share 9.3557
  • PB 3.3653
  • Debt/Equity 2.2788
  • CurrentRatio 0.3223
  • ROIC 0.1088

 

  • MktCap 41294613019.0
  • FreeCF/Share 2.2193
  • PFCF 14.1711
  • PE 14.9728
  • Debt/Assets 0.5511
  • DivYield 0
  • ROE 0.2545

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 4
  • DCF Score 3
  • P/B Score 2
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation CCL Wells Fargo -- Overweight -- $37 Nov. 18, 2025
Initiation CCL TD Cowen -- Buy -- $36 July 22, 2025
Reiterated CCL Citigroup -- Buy $30 $37 July 16, 2025
Upgrade CCL HSBC Securities Reduce Hold -- $24 May 16, 2025
Initiation CCL Northcoast -- Neutral -- -- April 25, 2025
Upgrade CCL Morgan Stanley Underweight Equal Weight -- $21 April 10, 2025
Initiation CCL Exane BNP Paribas -- Outperform -- $26 March 27, 2025
Initiation CCL Loop Capital -- Hold -- $225 Feb. 5, 2025
Reiterated CCL Stifel -- Buy $32 $34 Dec. 23, 2024
Reiterated CCL Barclays -- Overweight $31 $32 Dec. 23, 2024

News

Here's Why Carnival (CCL) is a Strong Growth Stock
CCL
Published: January 09, 2026 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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image for news Here's Why Carnival (CCL) is a Strong Growth Stock
Should You Buy, Sell or Retain Carnival Stock at a 12.94X P/E?
CCL
Published: January 07, 2026 by: Zacks Investment Research
Sentiment: Positive

CCL trades at a valuation discount even after a 35% rally, backed by record bookings, margin gains and balance-sheet repair, but rising costs loom.

Read More
image for news Should You Buy, Sell or Retain Carnival Stock at a 12.94X P/E?
CCL's Revenue Flow-Through Improves: What's Supporting Margin Gains?
CCL
Published: January 06, 2026 by: Zacks Investment Research
Sentiment: Positive

Carnival shows stronger revenue flow-through as operating income per berth day reaches its highest level in nearly two decades, boosting margin performance.

Read More
image for news CCL's Revenue Flow-Through Improves: What's Supporting Margin Gains?
What a “Normal” Economy Could Mean for These 3 Travel Stocks
BKNG, CCL, MAR
Published: January 02, 2026 by: MarketBeat
Sentiment: Neutral

What would a “normal” economy look like in 2026? For starters, many investors would like to see the recent sector rotation continue.

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image for news What a “Normal” Economy Could Mean for These 3 Travel Stocks
CCL vs. NCLH: Which Cruise Stock Is Better Positioned for 2026?
CCL, NCLH
Published: December 31, 2025 by: Zacks Investment Research
Sentiment: Neutral

Carnival and Norwegian Cruise take different paths on growth, costs and leverage as investors weigh which operator looks better set for 2026.

Read More
image for news CCL vs. NCLH: Which Cruise Stock Is Better Positioned for 2026?
CCL's Booking Visibility Strengthens: Can Demand Hold Amid Macro Noise?
CCL
Published: December 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Carnival exits FY25 with record forward bookings, and two-thirds of 2026 sold at higher prices, signaling resilient cruise demand despite macro uncertainty.

Read More
image for news CCL's Booking Visibility Strengthens: Can Demand Hold Amid Macro Noise?
Here's Why Carnival (CCL) is a Strong Value Stock
CCL
Published: December 30, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Read More
image for news Here's Why Carnival (CCL) is a Strong Value Stock
CCL vs. RCL: Which Cruise Stock Looks Stronger for 2026?
CCL, RCL
Published: December 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Carnival and Royal Caribbean head into 2026 with strong demand, full ships, and improved balance sheets, as cruise investors shift focus from recovery to execution.

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image for news CCL vs. RCL: Which Cruise Stock Looks Stronger for 2026?
You Don't Need Big Money for These 3 Under-$30 Stock Plays
CCL, NTDOY, NU
Published: December 26, 2025 by: MarketBeat
Sentiment: Positive

There's something compelling about stocks you can own for under $30 per share. For investors with $5,000 or less to put into the market, finding quality stocks at a low price creates an opportunity to build a substantial position that can grow over time.

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image for news You Don't Need Big Money for These 3 Under-$30 Stock Plays
Here's Why Carnival (CCL) is a Strong Momentum Stock
CCL
Published: December 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

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image for news Here's Why Carnival (CCL) is a Strong Momentum Stock
Why Carnival Stock Jumped Today
CCL, CUK
Published: December 19, 2025 by: The Motley Fool
Sentiment: Positive

The cruise industry is alive and well. After years of turbulence, management sees calmer seas ahead.

Read More
image for news Why Carnival Stock Jumped Today
Stock Market Today, Dec. 19: Carnival Jumps on Record Profits and Dividend Reinstatement
CCL
Published: December 19, 2025 by: The Motley Fool
Sentiment: Positive

Today, Dec. 19, 2025, investors are weighing record cruise profits, a revived payout, and fresh guidance for the next cycle.

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image for news Stock Market Today, Dec. 19: Carnival Jumps on Record Profits and Dividend Reinstatement
Cruise Stocks Are Rising After Carnival Turned In a 'Phenomenal' Year
CCL
Published: December 19, 2025 by: Investopedia
Sentiment: Positive

"Find Your Fun Again" is the tagline of Carnival Corp.'s (CCL) latest ad campaign. It looks like travelers are taking that to heart.

Read More
image for news Cruise Stocks Are Rising After Carnival Turned In a 'Phenomenal' Year
Carnival Q4 Earnings Beat Estimates, Revenues Increase Y/Y
CCL
Published: December 19, 2025 by: Zacks Investment Research
Sentiment: Positive

CCL caps FY25 with Q4 EPS beating estimates as record yields, rising demand and cost discipline drive year-over-year revenue growth.

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image for news Carnival Q4 Earnings Beat Estimates, Revenues Increase Y/Y
Compared to Estimates, Carnival (CCL) Q4 Earnings: A Look at Key Metrics
CCL
Published: December 19, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for Carnival (CCL) give insight into how the company performed in the quarter ended November 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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image for news Compared to Estimates, Carnival (CCL) Q4 Earnings: A Look at Key Metrics
Carnival (CCL) Beats Q4 Earnings Estimates
CCL
Published: December 19, 2025 by: Zacks Investment Research
Sentiment: Positive

Carnival (CCL) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.14 per share a year ago.

Read More
image for news Carnival (CCL) Beats Q4 Earnings Estimates
Carnival makes splash with dividend return and single NYSE-listed share plan
CCL
Published: December 19, 2025 by: Proactive Investors
Sentiment: Positive

Carnival PLC & Corporation made a splash with its final results for 2025 as it reinstated its dividend, forecast further earnings growth and proposed unifying its dual-listed structure into a single New York-listed entity. Shares in the FTSE 100-listed cruise operator sailed 16.7% higher in London to 2,315p, the highest since the first Covid lockdown of 2020, while rising 9.7% to $31.08 on the NYSE.

Read More
image for news Carnival makes splash with dividend return and single NYSE-listed share plan
Carnival's stock will pay a dividend again — and other earnings highlights
CCL
Published: December 19, 2025 by: Market Watch
Sentiment: Positive

The cruise operator's earnings report spotlighted strong pricing and bookings trends.

Read More
image for news Carnival's stock will pay a dividend again — and other earnings highlights
Why Carnival (CCL) is Poised to Beat Earnings Estimates Again
CCL
Published: December 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Carnival (CCL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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image for news Why Carnival (CCL) is Poised to Beat Earnings Estimates Again
Is CCL Stock Likely To Beat Earnings?
CCL
Published: December 17, 2025 by: Forbes
Sentiment: Neutral

Carnival (NYSE:CCL) is scheduled to release its earnings on Thursday, December 18, 2025. The firm's current market capitalization stands at $37 billion.

Read More
image for news Is CCL Stock Likely To Beat Earnings?
Should You Buy, Sell or Hold CCL Stock Before the Q4 Earnings Release?
CCL
Published: December 17, 2025 by: Zacks Investment Research
Sentiment: Negative

Carnival heads into Q4 earnings with rising EPS and revenue estimates, strong bookings and pricing. Yet, lingering cost pressures temper expectations.

Read More
image for news Should You Buy, Sell or Hold CCL Stock Before the Q4 Earnings Release?
Carnival (CCL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
CCL
Published: December 12, 2025 by: Zacks Investment Research
Sentiment: Neutral

Carnival (CCL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Read More
image for news Carnival (CCL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Why CCL Could Outperform Tripadvisor Stock
CCL
Published: December 11, 2025 by: Forbes
Sentiment: Positive

CCL is Tripadvisor's competitor in the Hotels, Resorts & Cruise Lines sector that possesses:

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image for news Why CCL Could Outperform Tripadvisor Stock
CCL's Free Cash Flow Turnaround Accelerates: How Much Runway Is Left?
CCL
Published: December 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Carnival's free cash flow momentum accelerates as stronger pricing, longer booking curves and efficiency gains deepen its recovery.

Read More
image for news CCL's Free Cash Flow Turnaround Accelerates: How Much Runway Is Left?
Wall Street Bulls Look Optimistic About Carnival (CCL): Should You Buy?
CCL
Published: December 11, 2025 by: Zacks Investment Research
Sentiment: Neutral

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

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image for news Wall Street Bulls Look Optimistic About Carnival (CCL): Should You Buy?
Why Carnival (CCL) is a Top Value Stock for the Long-Term
CCL
Published: December 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Read More
image for news Why Carnival (CCL) is a Top Value Stock for the Long-Term
Carnival Corporation: Price Upside Is Due
CCL
Published: December 09, 2025 by: Seeking Alpha
Sentiment: Positive

Carnival Corporation remains rated Buy, with a compelling upside after a recent 10% price drop, reflecting softening demand conditions. CCL's forward P/E has dropped in the past two months, owing to an improved outlook and lower price. Its EV/EBITDA is also at the lowest levels in the sector. While deceleration in industry-wide cruise growth along with a weak macroeconomic outlook is concerning, the company's earnings outlook and expectations for 2026 are still encouraging.

Read More
image for news Carnival Corporation: Price Upside Is Due
CCL's ROIC Climbs to 13%: Is a New Profitability Cycle Taking Shape?
CCL
Published: December 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Carnival's ROIC hits its highest level since 2007, signaling stronger returns as efficiency gains, debt cuts and fleet upgrades reshape its recovery path.

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image for news CCL's ROIC Climbs to 13%: Is a New Profitability Cycle Taking Shape?
4 Discretionary Stocks to Buy on Rising Hopes of a December Rate Cut
CCL, FUBO, RL, ROKU
Published: December 04, 2025 by: Zacks Investment Research
Sentiment: Positive

CCL, FUBO, RL and ROKU stand out as consumer plays as firmer economic data lift sentiment and revive hopes for a December rate cut.

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image for news 4 Discretionary Stocks to Buy on Rising Hopes of a December Rate Cut
CCL Stock Slips 19% in 3 Months: Should Investors Buy the Dip or Wait?
CCL
Published: December 03, 2025 by: Zacks Investment Research
Sentiment: Neutral

Carnival's 19% slide contrasts with record 2026-2027 bookings, broad pricing gains and expanding destination assets supporting its outlook.

Read More
image for news CCL Stock Slips 19% in 3 Months: Should Investors Buy the Dip or Wait?

About Carnival Corporation & plc (CCL)

  • IPO Date 1987-07-24
  • Website https://www.carnivalcorp.com
  • Industry Leisure
  • CEO Joshua Ian Weinstein
  • Employees 115000

Carnival Corporation & plc operates as a leisure travel company. Its ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names. The company also provides port destinations and other services, as well as owns and owns and operates hotels, lodges, glass-domed railcars, and motor coaches. It sells its cruises primarily through travel agents, tour operators, vacation planners, and websites. The company operates in the United States, Canada, Continental Europe, the United Kingdom, Australia, New Zealand, Asia, and internationally. It operates 87 ships with 223,000 lower berths. Carnival Corporation & plc was founded in 1972 and is headquartered in Miami, Florida.