Carnival Corporation Stock Forecast

Stock Price Forecast

The 22 analysts that cover Carnival Corporation stock have a consensus rating of "Strong Buy" and an average price target of $34.17, which forecasts a 21.91% increase in the stock price over the next year. The lowest target is $22 and the highest is $45.

Price Target: $34.17 (+21.91%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$22	$34.17	$35	$45
Change	-21.51%	+21.91%	+24.87%	+60.54%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	8	9	9	9	11	11
Buy	8	7	6	6	7	7
Hold	4	4	5	5	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	20	20	20	22	22

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Hardiman Citigroup	Citigroup	Strong Buy Maintains $39 → $35	Strong Buy	Maintains	$39 → $35	+24.87%	Mar 30, 2026
Trey Bowers Wells Fargo	Wells Fargo	Buy Maintains $40 → $37	Buy	Maintains	$40 → $37	+32.00%	Mar 30, 2026
Richard Clarke Bernstein	Bernstein	Hold Maintains $33 → $29	Hold	Maintains	$33 → $29	+2.39%	Mar 30, 2026
Ali Naqvi HSBC	HSBC	Hold → Strong Buy Upgrades $34 → $30	Hold → Strong Buy	Upgrades	$34 → $30	+7.38%	Mar 30, 2026
Ben Chaiken Mizuho	Mizuho	Buy Maintains $38 → $39	Buy	Maintains	$38 → $39	+39.14%	Mar 27, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

28.16B

from 26.62B

5.76%

from 26.62B

Revenue Next Year

29.16B

from 28.16B

3.55%

from 28.16B

EPS This Year

2.23

from 2.02

10.39%

from 2.02

EPS Next Year

2.60

from 2.23

16.48%

from 2.23

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Nov 30, 2021	Nov 30, 2022	Nov 30, 2023	Nov 30, 2024	Nov 30, 2025	Nov 30, 2026	Nov 30, 2027
Revenue	1.91B	12.17B	21.59B	25.02B	26.62B	28.16B	29.16B
Revenue Growth	-65.89%	537.79%	77.44%	15.88%	6.40%	5.76%	3.55%
EPS	-8.46	-5.16	-0.06	1.44	2.02	2.23	2.60
EPS Growth	-	-	-	-	40.51%	10.39%	16.48%
Forward PE	-	-	-	-	-	12.57	10.79
No. Analysts	-	-	-	-	-	30	27

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

Revenue Forecast

Revenue	2026	2027
High	29.6B	30.8B
Avg	28.2B	29.2B
Low	27.0B	27.8B

Revenue Growth

Revenue Growth	2026	2027
High	11.3%	9.5%
Avg	5.8%	3.6%
Low	1.3%	-1.4%

EPS Forecast

EPS	2026	2027
High	2.63	2.94
Avg	2.23	2.60
Low	1.83	2.07

EPS Growth

EPS Growth	2026	2027
High	30.0%	31.9%
Avg	10.4%	16.5%
Low	-9.2%	-7.2%

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.