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 $31.07, which forecasts a 4.33% increase in the stock price over the next year. The lowest target is $22 and the highest is $38.

Price Target: $31.07 (+4.33%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$22	$31.07	$32	$38
Change	-26.12%	+4.33%	+7.45%	+27.60%

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	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	8	8	7	6	6	6
Buy	6	6	6	6	6	5
Hold	4	4	5	5	5	4
Sell	1	1	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	19	18	17	17	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Nicholas Thomas B of A Securities	B of A Securities	Strong Buy Maintains $31 → $38	Strong Buy	Maintains	$31 → $38	+27.60%	Jul 23, 2025
Kevin Kopelman TD Cowen	TD Cowen	Strong Buy Initiates $36	Strong Buy	Initiates	$36	+20.89%	Jul 22, 2025
Patrick Scholes Truist Securities	Truist Securities	Hold Maintains $27 → $31	Hold	Maintains	$27 → $31	+4.10%	Jul 21, 2025
James Hardiman Citigroup	Citigroup	Strong Buy Maintains $30 → $37	Strong Buy	Maintains	$30 → $37	+24.24%	Jul 16, 2025
Jamie Rollo Morgan Stanley	Morgan Stanley	Hold Maintains $21 → $24	Hold	Maintains	$21 → $24	-19.41%	Jun 26, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

26.82B

Increased by 7.17%

from 25.02B

Revenue Next Year

27.82B

Increased by 3.76%

from 26.82B

EPS This Year

2.01

Increased by 39.80%

from 1.44

EPS Next Year

2.31

Increased by 14.86%

from 2.01

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Nov 30, 2020	Nov 30, 2021	Nov 30, 2022	Nov 30, 2023	Nov 30, 2024	Nov 30, 2025	Nov 30, 2026	Nov 30, 2027
Revenue	5.59B	1.91B	12.17B	21.59B	25.02B	26.82B	27.82B	28.82B
Revenue Growth	-73.14%	-65.89%	537.79%	77.44%	15.88%	7.17%	3.76%	3.59%
EPS	-13.21	-8.46	-5.16	-0.06	1.44	2.01	2.31	2.63
EPS Growth	-	-	-	-	-	39.80%	14.86%	14.12%
Forward PE	-	-	-	-	-	14.82	12.91	11.31
No. Analysts	-	-	-	-	-	26	26	16

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

Revenue Forecast

Revenue	2025	2026	2027
High	28.1B	29.4B	30.8B
Avg	26.8B	27.8B	28.8B
Low	25.7B	26.5B	27.4B

Revenue Growth

Revenue Growth	2025	2026	2027
High	12.3%	9.7%	10.7%
Avg	7.2%	3.8%	3.6%
Low	2.8%	-1.1%	-1.6%

EPS Forecast

EPS	2025	2026	2027
High	2.24	2.58	3.00
Avg	2.01	2.31	2.63
Low	1.79	2.10	2.37

EPS Growth

EPS Growth	2025	2026	2027
High	55.6%	28.6%	30.1%
Avg	39.8%	14.9%	14.1%
Low	24.8%	4.4%	2.8%

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.