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

Last close, 11 Sept 2026
$23
+1.25% on the day

The 30 Wall Street analysts covering Carnival Corp. Ltd. hold a median 12-month price target of $35 — +53.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 58 of 100 as at 12 Sept 2026 — in the upper half.

Market cap
$31.2B
Ticker Nerd rank
58 / 100
Median analyst target
$35
Analysts covering
30
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
−3.1%
1M
−18.0%
YTD
−24.3%
1Y
−28.8%
From 52W high
−32.0%
From 52W low
+1.2%
$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 12 Sept 2026
58 / 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
91
Quality
86
Issuance
77
Accruals
69
Revisions
53
Momentum
42
Growth
28
Volatility
27
Size
7

Value (91): 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 (27): 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$45Oct 25Jan 26Apr 26Jul 26CCLHigh $43Median $35Low $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 says30 analysts
23 Buy7 Hold0 Sell
Low $29Median $35High $43

The green dot is the last close — the median target sits +53.8% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
23 July 2026Truist SecuritiesMaintainsHold$29 → $31
8 July 2026BMO CapitalInitiatesMarket Perform—
8 July 2026BMO CapitalInitiatesMarket Perform$30
30 June 2026Tigress FinancialMaintainsBuy—
25 June 2026Wells FargoMaintainsOverweight—
24 June 2026BarclaysMaintainsOverweight—
24 June 2026SusquehannaMaintainsPositive—
16 June 2026CitigroupMaintainsBuy—
12 June 2026StifelMaintainsBuy—
3 June 2026Freedom BrokerInitiatesBuy—
1 June 2026Loop CapitalInitiatesBuy—
22 May 2026Truist SecuritiesMaintainsHold—
15 May 2026TD CowenMaintainsBuy—
15 Apr 2026Wells FargoMaintainsOverweight—
13 Apr 2026UBSMaintainsBuy—
30 Mar 2026BernsteinMaintainsMarket Perform—
30 Mar 2026CitigroupMaintainsBuy—
30 Mar 2026HSBCUpgradeBuy—
30 Mar 2026Wells FargoMaintainsOverweight—
27 Mar 2026MizuhoMaintainsOutperform—

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 11 Sept 2026, Carnival Corp. Ltd. returned −28.8% against +17.5% for the S&P 500, dividends included.

CCL vs S&P 500, last 12 monthsTotal return, rebased to 100
708090100110120Oct 25Jan 26Apr 26Jul 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
+1.0%
Analysts raising
5
Analysts cutting
1
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
10.2×

Cheaper than 58% of US stocks

Price / sales
1.1×

Cheaper than 67% of US stocks

Price / book
2.4×

Cheaper than 39% of US stocks

EV / EBITDA
7.5×

Cheaper than 47% of US stocks

Growth & margins
Revenue growth (YoY)
5.3%

Higher than 40% of US stocks

Earnings growth (YoY)
−5.0%

Higher than 30% of US stocks

Gross margin
36.6%

Higher than 45% of US stocks

Operating margin
12.8%

Higher than 69% of US stocks

Net margin
11.2%

Higher than 72% of US stocks

Returns & dividend
Return on equity
26.7%

Higher than 86% of US stocks

Return on assets
5.4%

Higher than 78% of US stocks

Dividend yield
2.6%

Higher than 57% 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 $31.2B and an enterprise value of $55.1B.

  • Revenue in the twelve months to 31 May 2026: $27.3B. The latest quarter grew 5.3% 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: 10.2×; forward P/E: 8.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.64%, paying out 14% 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 14 Sept 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.$31.2B
58
EXPEExpedia Group, Inc.$33.7B
100
VIKViking Holdings Ltd. (Bermuda)$37.9B
42
RCLRoyal Caribbean Group$70.4B
45
ABNBAirbnb, Inc.$101.6B
85
BKNGBooking Holdings, Inc.$135.3B
77
NCLHNorwegian Cruise Line Holdings Ltd.$6.7B
24

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

Carnival Stock Slips Thursday: What's Driving the Action?

Benzinga · 10 Sept 2026negative

Carnival Corp. shares traded lower Thursday afternoon as surging global crude oil prices and elevated interest rate expectations created dual headwinds for the cruise operator. The article notes these pressures as the forces driving the stock's action.

Why it matters — A Carnival watcher would care because higher oil prices and elevated interest rate expectations could weigh on the company's cost and financing outlook.

Carnival Just Dropped 20% in a Month. Is It Time to Sell?

24/7 Wall Street · 10 Sept 2026neutral

Carnival shares fell 2% to $22.28 on Thursday afternoon, capping a one-month stretch in which the stock has declined 20%. The article examines whether the recent drop warrants selling, though its framing is a question rather than a conclusion.

Why it matters — A 20% one-month decline in Carnival's share price is a significant move that CCL watchers would want to track in the context of broader industry and market conditions.

CARNIVAL TROPICALE RESERVATIONS NOW OPEN, SETTING SAIL FROM GALVESTON IN 2028

PRNewsWire · 10 Sept 2026positive

Carnival Cruise Line has opened reservations for its newest ship, Carnival Tropicale, the final addition to its Excel class, which will set sail from Galveston in 2028. The announcement was made from the shipyard in Papenburg, Germany.

Why it matters — Opening bookings for a new, final Excel-class ship marks progress in Carnival's fleet expansion and forward revenue pipeline for the company.

Norwegian Slides 3% as Rising Oil Undercuts Fuel-Cost Relief Hopes; Carnival and Royal Caribbean Trail

24/7 Wall Street · 9 Sept 2026negative

Norwegian Cruise Line Holdings shares slid 3% midday Wednesday as firmer crude oil undercut expectations of fuel-cost relief among cruise investors. The report notes Carnival and Royal Caribbean also trailed alongside Norwegian.

Why it matters — Since cruise operators including Carnival are sensitive to fuel costs, a rise in oil prices could pressure their margins and dampen investor hopes for fuel-cost relief.

Holland America Evolution Debuts Earlier, Meeting Guest Demand for Highly Anticipated Transformation

PRNewsWire · 9 Sept 2026positive

Holland America Line announced that the Evolution transformation of the Oosterdam will now take place five weeks earlier than originally scheduled, in response to strong guest demand for cruises on the newly reimagined ship. The earlier debut adds several new cruises and additional opportunities to sail on the renovated vessel.

Why it matters — This indicates strong customer interest in Carnival's Holland America brand refresh, potentially boosting demand and utilization for the upgraded ship.

FAQ

Frequently asked questions about CCL stock

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

The 30 Wall Street analysts covering Carnival Corp. Ltd. have a median 12-month price target of $35, 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 30 analysts covering Carnival Corp. Ltd., 23 rate it a Buy, 7 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Carnival Corp. Ltd. 58 out of 100 across roughly 4,600 US stocks as at 12 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank CCL?

As at 12 Sept 2026, Carnival Corp. Ltd. ranks 58 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 (91 of 100).

Will CCL stock go up?

No one can know that. What the data says: the median 12-month target from 30 analysts implies +53.8% from the last close, and Ticker Nerd's factor model ranks Carnival Corp. Ltd. 58 out of 100 as at 12 Sept 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 -28.8% over the 12 months to 11 Sept 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 portfolio of well-known cruise brands serving vacation travelers across North America, Europe, and other international markets.

What is the latest news on CCL?

The most recent item we track (Benzinga, 10 Sept 2026): "Carnival Stock Slips Thursday: What's Driving the Action?". Carnival Corp. shares traded lower Thursday afternoon as surging global crude oil prices and elevated interest rate expectations created dual headwinds for the cruise operator. The article notes these pressures as the forces driving the stock's action.

Company

About Carnival Corp. Ltd.

Carnival Corporation Ltd. is a global cruise and leisure travel company that operates a portfolio of well-known cruise brands serving vacation travelers across North America, Europe, and other international markets. Its business centers on operating cruise ships and delivering onboard and shore-based travel experiences through brands such as Carnival Cruise Line, Princess Cruises, Holland America Line, Cunard, Costa Cruises, AIDA Cruises, P&O Cruises, and Seabourn. The company also supports its cruise operations with port destinations, private islands, hotels, lodges, railcars, and motorcoaches, creating an integrated vacation offering. Carnival Corporation Ltd. sells cruises through travel agents, tour operators, vacation planners, direct digital channels, and onboard booking services. Headquartered in Miami, Florida, Carnival Corporation Ltd. is a major participant in the global travel and leisure market.

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