Carnival Corporation & plc (CCL)

Carnival Corporation Stock Forecast

Stock Price Forecast

The 18 analysts that cover Carnival Corporation stock have a consensus rating of "Strong Buy" and an average price target of $33.67, which forecasts a 30.15% increase in the stock price over the next year. The lowest target is $22 and the highest is $40.

Price Target: $33.67 (+30.15%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$22	$33.67	$35	$40
Change	-14.96%	+30.15%	+35.29%	+54.62%

Analyst Ratings

The average analyst rating for Carnival Corporation stock 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	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	6	6	8	8	8	8
Buy	5	5	6	6	7	7
Hold	4	4	4	4	4	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	15	18	18	19	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Trey Bowers Wells Fargo	Wells Fargo	Buy Maintains $37 → $34	Buy	Maintains	$37 → $34	+31.43%	Dec 1, 2025
Trey Bowers Wells Fargo	Wells Fargo	Buy Initiates $37	Buy	Initiates	$37	+43.02%	Nov 18, 2025
Ivan Feinseth Tigress Financial	Tigress Financial	Strong Buy Maintains $38 → $40	Strong Buy	Maintains	$38 → $40	+54.62%	Oct 15, 2025
Jamie Rollo Morgan Stanley	Morgan Stanley	Hold Maintains $30 → $32	Hold	Maintains	$30 → $32	+23.70%	Oct 1, 2025
James Hardiman Citigroup	Citigroup	Strong Buy Maintains $27 → $28	Strong Buy	Maintains	$27 → $28	+8.23%	Oct 1, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

26.93B

Increased by 7.63%

from 25.02B

Revenue Next Year

28.10B

Increased by 4.33%

from 26.93B

EPS This Year

2.16

Increased by 50.63%

from 1.44

EPS Next Year

2.45

Increased by 13.40%

from 2.16

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Nov 30, 2020	Nov 30, 2021	Nov 30, 2022	Nov 30, 2023	Nov 30, 2024	Nov 30, 2025	Nov 30, 2026
Revenue	5.59B	1.91B	12.17B	21.59B	25.02B	26.93B	28.10B
Revenue Growth	-73.14%	-65.89%	537.79%	77.44%	15.88%	7.63%	4.33%
EPS	-13.21	-8.46	-5.16	-0.06	1.44	2.16	2.45
EPS Growth	-	-	-	-	-	50.63%	13.40%
Forward PE	-	-	-	-	-	11.95	10.54
No. Analysts	-	-	-	-	-	30	29

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	28.2B	29.6B
Avg	26.9B	28.1B
Low	26.0B	26.9B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	12.8%	10.1%
Avg	7.6%	4.3%
Low	3.9%	-0.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	2.33	2.75
Avg	2.16	2.45
Low	1.88	2.10

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	62.2%	27.1%
Avg	50.6%	13.4%
Low	30.9%	-3.1%

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.