Carnival Corporation & plc (CCL)

Carnival Corporation Stock Forecast

Stock Price Forecast

The 15 analysts that cover Carnival Corporation stock have a consensus rating of "Buy" and an average price target of $31.47, which forecasts a -1.19% decrease in the stock price over the next year. The lowest target is $22 and the highest is $38.

Price Target: $31.47 (-1.19%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$22	$31.47	$32	$38
Change	-30.93%	-1.19%	+0.47%	+19.31%

* Price targets were last updated on Jul 29, 2025.

Analyst Ratings

The average analyst rating for Carnival Corporation stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	7	6	6	6	6	6
Buy	6	6	6	5	5	5
Hold	5	5	5	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	17	17	15	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ivan Feinseth Tigress Financial	Tigress Financial	Strong Buy Maintains $32 → $38	Strong Buy	Maintains	$32 → $38	+19.31%	Jul 29, 2025
Nicholas Thomas B of A Securities	B of A Securities	Strong Buy Maintains $31 → $38	Strong Buy	Maintains	$31 → $38	+19.31%	Jul 23, 2025
Kevin Kopelman TD Cowen	TD Cowen	Strong Buy Initiates $36	Strong Buy	Initiates	$36	+13.03%	Jul 22, 2025
Patrick Scholes Truist Securities	Truist Securities	Hold Maintains $27 → $31	Hold	Maintains	$27 → $31	-2.67%	Jul 21, 2025
James Hardiman Citigroup	Citigroup	Strong Buy Maintains $30 → $37	Strong Buy	Maintains	$30 → $37	+16.17%	Jul 16, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

26.80B

Increased by 7.10%

from 25.02B

Revenue Next Year

27.83B

Increased by 3.84%

from 26.80B

EPS This Year

2.01

Increased by 40.04%

from 1.44

EPS Next Year

2.33

Increased by 15.85%

from 2.01

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	26.80B	27.83B
Revenue Growth	-73.14%	-65.89%	537.79%	77.44%	15.88%	7.10%	3.84%
EPS	-13.21	-8.46	-5.16	-0.06	1.44	2.01	2.33
EPS Growth	-	-	-	-	-	40.04%	15.85%
Forward PE	-	-	-	-	-	15.83	13.66
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	29.4B
Avg	26.8B	27.8B
Low	25.5B	26.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	12.3%	9.9%
Avg	7.1%	3.8%
Low	2.1%	-1.0%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	2.24	2.72
Avg	2.01	2.33
Low	1.79	2.10

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	55.6%	35.2%
Avg	40.0%	15.8%
Low	24.8%	4.2%

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.