Carnival Corporation & plc (CCL)

Carnival Corporation Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, Carnival Corporation stock has a consensus rating of "Buy" and an average price target of $34.06. The average 1-year stock price forecast is 42.48% higher than the current stock price, while the lowest is $28.7 (+20.06%) and the highest is $45 (+88.25%).

Price Target: $34.06 (+42.48%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$28.7	$34.06	$34	$45
Change	+20.06%	+42.48%	+42.23%	+88.25%

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	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	9	9	9	11	11	11
Buy	7	6	6	7	7	6
Hold	4	5	5	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	20	20	22	22	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kevin Kopelman TD Cowen	TD Cowen	Strong Buy Maintains $33 → $34	Strong Buy	Maintains	$33 → $34	+42.23%	May 15, 2026
Trey Bowers Wells Fargo	Wells Fargo	Buy Maintains $37 → $36	Buy	Maintains	$37 → $36	+50.60%	Apr 15, 2026
Robin Farley UBS	UBS	Strong Buy Maintains $38 → $35	Strong Buy	Maintains	$38 → $35	+46.41%	Apr 13, 2026
James Hardiman Citigroup	Citigroup	Strong Buy Maintains $39 → $35	Strong Buy	Maintains	$39 → $35	+46.41%	Mar 30, 2026
Trey Bowers Wells Fargo	Wells Fargo	Buy Maintains $40 → $37	Buy	Maintains	$40 → $37	+54.78%	Mar 30, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

28.14B

Increased by 5.71%

from 26.62B

Revenue Next Year

29.14B

Increased by 3.55%

from 28.14B

EPS This Year

2.26

Increased by 12.09%

from 2.02

EPS Next Year

2.64

Increased by 16.67%

from 2.26

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	28.14B	29.14B
Revenue Growth	-65.89%	537.79%	77.44%	15.88%	6.40%	5.71%	3.55%
EPS	-8.46	-5.16	-0.06	1.44	2.02	2.26	2.64
EPS Growth	-	-	-	-	40.51%	12.09%	16.67%
Forward PE	-	-	-	-	-	10.56	9.05
No. Analysts	-	-	-	-	-	28	25

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	29.5B	30.8B
Avg	28.1B	29.1B
Low	26.9B	27.5B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	10.7%	9.5%
Avg	5.7%	3.5%
Low	1.2%	-2.2%

EPS Forecast

EPS	2026	2027	2028	2029	2030	2031	2032	2033
High	2.78	3.18
Avg	2.26	2.64
Low	1.83	2.22

EPS Growth

EPS Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	37.9%	40.5%
Avg	12.1%	16.7%
Low	-9.2%	-1.7%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.