
Carnival (CCL) Stock Forecast & Price Target
Carnival (CCL) Analyst Ratings
Bulls say
Carnival demonstrated a strong financial performance with Return on Capital (ROC) climbing from 8.40% to 10.41% over the last twelve months, indicating improved efficiency in generating profits from its capital investments. The company achieved a record net sales revenue of $26.23 billion for the 12 months ending August 2025, reflecting a 7.14% year-over-year increase, alongside a notable surge in Economic Profit (EP), which rose 95.94% to $673.9 million. Additionally, Carnival's EBITDAR and Net Operating Profit After Tax (NOPAT) saw significant growth, increasing 18.11% and 24.09% year-over-year, respectively, further solidifying its positive outlook in an expanding global cruise market.
Bears say
Carnival is experiencing significant challenges that have led to a negative outlook, primarily attributed to uncertainties surrounding the global tourism industry and lowered expectations for future earnings. The company has taken steps to reduce its net debt-to-EBITDA ratio to 3.6x, but this effort comes amidst drastically revised earnings per share (EPS) estimates for 2026-2028, reflecting concerns over fluctuating fuel prices and overall financial stability. Furthermore, the current consensus already factors in a lower earnings base, indicating that the company's shares may not recover quickly in the face of persistent volatility in the cruise market.
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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