
Carnival (CCL) Stock Forecast & Price Target
Carnival (CCL) Analyst Ratings
Bulls say
Carnival's Return on Capital (ROC) rose significantly from 8.40% to 10.41% over the last twelve months, highlighting improved operational efficiency and capital utilization. The company achieved record net sales revenue of $26.23 billion, marking a year-over-year increase of 7.14%, alongside a remarkable Economic Profit (EP) growth of 95.94%, elevating it from $343.9 million to $673.9 million. Additionally, the worldwide cruise industry's robust performance, generating approximately $72.5 billion in revenue for 2025, underscores growing consumer demand for experiential travel, further supporting a positive outlook for Carnival's financial health.
Bears say
Carnival has reduced its new ship delivery schedule significantly, with a projected capacity growth CAGR of less than 2% through 2028, far below the industry average of approximately 6%. Additionally, the company's efforts to lower its net debt-to-EBITDA ratio to below 3x by 2026 may be challenged by various external risks, including rising fuel prices, changing tax laws, and potential long-term impacts from COVID-19. These factors, combined with concerns over pricing and demand erosion for 2026, contribute to a negative outlook on Carnival's stock.
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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