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 $33.22, which forecasts a 10.42% increase in the stock price over the next year. The lowest target is $22 and the highest is $40.

Price Target: $33.22 (+10.42%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$22	$33.22	$35	$40
Change	-26.87%	+10.42%	+16.34%	+32.96%

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	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	6	6	6	6	8	8
Buy	6	6	5	5	6	6
Hold	5	5	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	17	17	15	15	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ivan Feinseth Tigress Financial	Tigress Financial	Strong Buy Maintains $38 → $40	Strong Buy	Maintains	$38 → $40	+32.96%	Oct 15, 2025
Jamie Rollo Morgan Stanley	Morgan Stanley	Hold Maintains $30 → $32	Hold	Maintains	$30 → $32	+6.37%	Oct 1, 2025
James Hardiman Citigroup	Citigroup	Strong Buy Maintains $27 → $28	Strong Buy	Maintains	$27 → $28	-6.93%	Oct 1, 2025
John Staszak Argus Research	Argus Research	Strong Buy Maintains $40 → $35	Strong Buy	Maintains	$40 → $35	+16.34%	Sep 30, 2025
Christopher Stathoulopoulos Susquehanna	Susquehanna	Buy Maintains $30 → $35	Buy	Maintains	$30 → $35	+16.34%	Sep 30, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

26.87B

Increased by 7.38%

from 25.02B

Revenue Next Year

28.02B

Increased by 4.29%

from 26.87B

EPS This Year

2.02

Increased by 40.41%

from 1.44

EPS Next Year

2.35

Increased by 16.44%

from 2.02

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	26.87B	28.02B
Revenue Growth	-73.14%	-65.89%	537.79%	77.44%	15.88%	7.38%	4.29%
EPS	-13.21	-8.46	-5.16	-0.06	1.44	2.02	2.35
EPS Growth	-	-	-	-	-	40.41%	16.44%
Forward PE	-	-	-	-	-	14.91	12.81
No. Analysts	-	-	-	-	-	28	27

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	28.1B	29.6B
Avg	26.9B	28.0B
Low	25.5B	26.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	12.3%	10.3%
Avg	7.4%	4.3%
Low	2.1%	-1.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.27	2.71
Avg	2.02	2.35
Low	1.79	2.10

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	57.8%	34.2%
Avg	40.4%	16.4%
Low	24.8%	3.9%

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.