
Carnival (CCL) Stock Forecast & Price Target
Carnival (CCL) Analyst Ratings
Bulls say
Carnival demonstrated a robust financial performance with a notable increase in Return on Capital (ROC) from 8.40% to 10.41%, reflecting improved operational efficiency. Net sales revenue surged by 7.14% year-over-year, reaching a record $26.23 billion, fueled by a growing consumer appetite for experiential travel within a expanding global market. Additionally, Economic Profit (EP) experienced a significant rise of 95.94% year-over-year, indicating strong profitability and effective capital utilization, further contributing to a positive outlook for the company.
Bears say
Carnival Corporation has made significant moves to reduce its net debt-to-EBITDA ratio to 3.6x, with a target of under 3x by 2026; however, this decline is coupled with a markedly low capacity growth rate of less than 2% through 2028, which is substantially below the industry average of approximately 6%. Additionally, the company has limited its new ship deliveries, planning only one in 2025 and none in 2026, indicating a conservative approach that may hinder future revenue growth. The potential for increased risks from rising fuel prices, COVID-19 repercussions, and a slowing economy could further jeopardize Carnival’s financial stability and market positioning.
This aggregate rating is based on analysts' research of Carnival and is not a guaranteed prediction by Public.com or investment advice.
Carnival (CCL) Analyst Forecast & Price Prediction
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