CCLCCLConsumer Cyclical · Travel Services

CCL Stock Forecast: Carnival Corp. Ltd. Price Predictions for 2026-2027

Last close, 8 Oct 2026
$26
−0.08% on the day

The 29 Wall Street analysts covering Carnival Corp. Ltd. hold a median 12-month price target of $34 — +28.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 61 of 100 as at 8 Oct 2026 — in the upper half.

Market cap
$35.2B
Ticker Nerd rank
61 / 100
Median analyst target
$34
Analysts covering
29
Revenue$6.7B+5.3% y/y
Operating income$852.0M
Net income$538.0M
Free cash flow$1.8B
Quarterly, 8 quarters to 31 May 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+4.2%
1M
+12.6%
YTD
−13.1%
1Y
−8.2%
From 52W high
−21.9%
From 52W low
+19.9%
$22
$33
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

CCL stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Carnival Corp. Ltd. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 8 Oct 2026
61 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Value
89
Quality
85
Issuance
80
Accruals
70
Revisions
63
Momentum
38
Growth
28
Volatility
26
Size
7

Value (89): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.

Volatility (26): The share price moves around a lot.

Size (7): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

CCL stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on CCL, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$20$25$30$35$40$45Jan 26Apr 26Jul 26Oct 26CCLHigh $43Median $34Low $29

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says29 analysts
24 Buy5 Hold0 Sell
Low $29Median $34High $43

The green dot is the last close — the median target sits +28.2% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 12 moved it down.

DateFirmActionRatingTarget
1 Oct 2026Argus ResearchMaintainsBuy$35 → $30
1 Oct 2026Freedom BrokerMaintainsBuy$35 → $36
1 Oct 2026Wells FargoMaintainsOverweight$36 → $34
30 Sept 2026BNP ParibasMaintainsOutperform$33 → $31
30 Sept 2026MizuhoMaintainsOutperform$39 → $38
30 Sept 2026Morgan StanleyMaintainsOverweight$31 → $33
30 Sept 2026SusquehannaMaintainsPositive$28 → $29
24 Sept 2026JP MorganMaintainsOverweight$43 → $39
24 Sept 2026SusquehannaMaintainsPositive$33 → $28
22 Sept 2026TD CowenMaintainsBuy$34 → $32
22 Sept 2026TD CowenMaintainsBuy—
17 Sept 2026Goldman SachsMaintainsBuy—
17 Sept 2026Goldman SachsMaintainsBuy$35 → $30
16 Sept 2026BarclaysMaintainsOverweight—
16 Sept 2026BarclaysMaintainsOverweight$35 → $33
16 Sept 2026StifelMaintainsBuy—
16 Sept 2026StifelMaintainsBuy$37 → $35
15 Sept 2026Deutsche BankMaintainsHold$34 → $29
15 Sept 2026Deutsche BankMaintainsHold—
14 Sept 2026Wells FargoMaintainsOverweight$38 → $36

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. CCL appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

CCL vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 8 Oct 2026, Carnival Corp. Ltd. returned −8.2% against +16.2% for the S&P 500, dividends included.

CCL vs S&P 500, last 12 monthsTotal return, rebased to 100
708090100110120Jan 26Apr 26Jul 26Oct 26CCLS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

CCL analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+0.6%
Analysts raising
1
Analysts cutting
12
Fundamentals

Carnival Corp. Ltd. (CCL) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
11.4×

Cheaper than 55% of US stocks

Price / sales
1.3×

Cheaper than 63% of US stocks

Price / book
2.5×

Cheaper than 37% of US stocks

EV / EBITDA
8.1×

Cheaper than 44% of US stocks

Growth & margins
Revenue growth (YoY)
3.5%

Higher than 35% of US stocks

Earnings growth (YoY)
3.7%

Higher than 40% of US stocks

Gross margin
36.6%

Higher than 44% of US stocks

Operating margin
26.4%

Higher than 85% of US stocks

Net margin
11.4%

Higher than 72% of US stocks

Returns & dividend
Return on equity
24.0%

Higher than 84% of US stocks

Return on assets
5.4%

Higher than 78% of US stocks

Dividend yield
2.3%

Higher than 81% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Carnival Corp. Ltd. (CCL) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Carnival Corp. Ltd. has a market value of $35.2B and an enterprise value of $59.1B.

  • Revenue in the twelve months to 31 May 2026: $27.3B. The latest quarter grew 3.5% year on year.

  • Net income over the same four quarters: $3.1B, a 11.3% net margin.

  • Diluted earnings per share, trailing twelve months: $2.22.

  • Free cash flow in the twelve months to 31 May 2026: $3.2B, after $3.6B of capital spending.

  • Shares outstanding: 1.4B.

  • Trailing P/E: 11.4×; forward P/E: 10.1× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.31%, paying out 20% of earnings.

  • Carnival Corp. Ltd. employs 160,000 people — $171K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 May 2026 · market figures as at 8 Oct 2026

Data provided by Twelve Data

Peers

CCL vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelTravel Services
CompanyMarket capTKN rank
CCLCarnival Corp. Ltd.$35.2B
61
VIKViking Holdings Ltd. (Bermuda)$36.4B
40
EXPEExpedia Group, Inc.$32.4B
100
RCLRoyal Caribbean Group$76.1B
43
ABNBAirbnb, Inc.$97.5B
87
BKNGBooking Holdings, Inc.$124.5B
75
NCLHNorwegian Cruise Line Holdings Ltd.$7.1B
22

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Carnival Corp. Ltd. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest CCL news & analysis

Holland America Line Reveals Pan Am-Inspired Experiences for Legendary Voyage

PRNewsWire · 9 Oct 2026neutral

Holland America Line announced Pan Am-inspired programming for a Legendary Voyage, marking Pan Am’s 100th anniversary. Experiences include aviation historians and storytellers, reimagined Clipper Club programming, immersive presentations, and themed menus and cocktails.

Why it matters — The announcement highlights themed onboard experiences and culinary offerings from a Carnival Corp. cruise line.

Should You Buy, Sell or Hold Carnival Stock Post Q3 Earnings?

Zacks Investment Research · 8 Oct 2026neutral

Carnival shares rose 18.1% after its Q3 earnings, with record bookings and a discounted valuation supporting the stock’s appeal. The excerpt also flags fuel costs and capacity pressures as reasons for caution.

Why it matters — CCL watchers may weigh the strong post-earnings reaction and booking demand against cost and capacity concerns.

Investors Heavily Search Carnival Corporation (CCL): Here is What You Need to Know

Zacks Investment Research · 8 Oct 2026neutral

Zacks Investment Research reports that Zacks.com users have recently been paying close attention to Carnival Corporation (CCL). The item says this makes it worthwhile to examine the stock.

Why it matters — CCL watchers may note the increased user attention, though the excerpt gives no further stock details.

Cedar Grove Capital Q3 2026 Portfolio Update

Seeking Alpha · 7 Oct 2026neutral

Cedar Grove Capital said it closed several long and short positions during Q3 2026 and initiated a small tracking position in Zedcor Inc. while continuing due diligence.

Why it matters — The portfolio update does not mention Carnival Corp. or provide information directly relevant to CCL.

Holland America Line Opens Bookings for Newly Added Oosterdam Evolution Voyages

PRNewsWire · 7 Oct 2026positive

Holland America Line opened bookings for five newly added 2027 cruises aboard the transformed Oosterdam. The voyages span the Mediterranean, Atlantic and Caribbean and begin Oct. 31, 2027.

Why it matters — The additional voyages and bookings provide a CCL watcher with an update on Holland America Line’s post-transformation ship offerings.

FAQ

Frequently asked questions about CCL stock

What is the CCL stock price forecast for 2026-2027?

The 29 Wall Street analysts covering Carnival Corp. Ltd. have a median 12-month price target of $34, with estimates ranging from $29 to $43. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is CCL stock a buy right now?

Of the 29 analysts covering Carnival Corp. Ltd., 24 rate it a Buy, 5 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Carnival Corp. Ltd. 61 out of 100 across roughly 4,600 US stocks as at 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CCL?

As at 8 Oct 2026, Carnival Corp. Ltd. ranks 61 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Value (89 of 100).

Will CCL stock go up?

No one can know that. What the data says: the median 12-month target from 29 analysts implies +28.2% from the last close, and Ticker Nerd's factor model ranks Carnival Corp. Ltd. 61 out of 100 as at 8 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the CCL stock forecast for 2030?

No analyst covering Carnival Corp. Ltd. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for CCL are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $29 to $43 over the next 12 months.

How has CCL stock performed over the past year?

Carnival Corp. Ltd. returned -8.2% over the 12 months to 8 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Carnival Corp. Ltd. do?

Carnival Corporation Ltd. is a global cruise and leisure travel company that operates a broad portfolio of passenger cruise brands serving vacation travelers across multiple regions.

What is the latest news on CCL?

The most recent item we track (PRNewsWire, 9 Oct 2026): "Holland America Line Reveals Pan Am-Inspired Experiences for Legendary Voyage". Holland America Line announced Pan Am-inspired programming for a Legendary Voyage, marking Pan Am’s 100th anniversary. Experiences include aviation historians and storytellers, reimagined Clipper Club programming, immersive presentations, and themed menus and cocktails.

Company

About Carnival Corp. Ltd.

Carnival Corporation Ltd. is a global cruise and leisure travel company that operates a broad portfolio of passenger cruise brands serving vacation travelers across multiple regions. Its current business centers on providing ocean cruises, onboard hospitality, dining, entertainment, shore excursions, and related travel experiences through brands such as Carnival Cruise Line, Princess Cruises, Holland America Line, AIDA Cruises, Costa Cruises, Cunard, P&O Cruises, and Seabourn. The company also supports its cruise operations with port destinations, private islands, and select land-based tour and transportation services. Carnival Corporation Ltd. serves a wide mix of consumer segments through different ship classes and itineraries, making it one of the most important operators in the global cruise market. The company is headquartered in Miami, Florida.

CEO Mr. Joshua Ian Weinstein · 160,000 employees · United States · https://www.carnivalcorp.com