Carnival Corporation & plc (CCL)
NYSE: CCL · IEX Real-Time Price · USD
18.43
+0.18 (0.99%)
At close: Jul 19, 2024, 4:00 PM
18.49
+0.06 (0.33%)
Pre-market: Jul 22, 2024, 5:46 AM EDT
Carnival Corporation Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for CCL stock have an average target of 21.53, with a low estimate of 11 and a high estimate of 25. The average target predicts an increase of 16.82% from the current stock price of 18.43.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CCL stock from 20 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 11 | 11 | 11 | 12 | 11 |
| Buy | 7 | 6 | 6 | 6 | 6 | 6 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 20 | 20 | 20 | 21 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $23 → $24 | Strong Buy | Maintains | $23 → $24 | +30.22% | Jun 27, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $20 → $25 | Strong Buy | Maintains | $20 → $25 | +35.65% | Jun 27, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $18 → $19 | Hold | Maintains | $18 → $19 | +3.09% | Jun 26, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $18 → $22 | Strong Buy | Maintains | $18 → $22 | +19.37% | Jun 26, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $22 | Buy | Maintains | $22 | +19.37% | Jun 26, 2024 |
Financial Forecast
Revenue This Year
24.80B
from 21.59B
Increased by 14.84%
Revenue Next Year
26.18B
from 24.80B
Increased by 5.57%
EPS This Year
1.01
from -0.06
EPS Next Year
1.44
from 1.01
Increased by 42.01%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.2B | 28.2B | 28.5B | 28.7B | 30.3B |
| Avg | 24.8B | 26.2B | 26.8B | 27.7B | 29.1B |
| Low | 23.5B | 24.6B | 25.3B | 26.8B | 28.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.4% | 13.7% | 9.0% | 7.1% | 9.5% |
| Avg | 14.8% | 5.6% | 2.5% | 3.0% | 5.3% |
| Low | 8.9% | -0.8% | -3.4% | -0.0% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.22 | 1.73 | 1.99 | 2.12 | 2.57 |
| Avg | 1.01 | 1.44 | 1.74 | 2.04 | 2.47 |
| Low | 0.88 | 1.18 | 1.35 | 1.98 | 2.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 70.9% | 38.6% | 22.1% | 26.1% |
| Avg | - | 42.0% | 20.7% | 17.4% | 21.3% |
| Low | - | 16.0% | -6.1% | 13.9% | 17.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.