Carnival Corporation & plc (CCL)
NYSE: CCL · IEX Real-Time Price · USD
16.41
-0.33 (-1.97%)
Jun 13, 2024, 1:13 PM EDT - Market open
Carnival Corporation Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for CCL stock have an average target of 21.11, with a low estimate of 11 and a high estimate of 25. The average target predicts an increase of 28.64% from the current stock price of 16.41.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CCL stock from 19 stock analysts 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 11 | 11 | 11 | 10 |
| Buy | 7 | 7 | 6 | 6 | 6 | 6 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 20 | 20 | 20 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Hold Maintains $18 → $17 | Hold | Maintains | $18 → $17 | +3.60% | May 29, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $22 → $23 | Buy | Maintains | $22 → $23 | +40.16% | May 17, 2024 |
| UBS | UBS | Strong Buy Maintains $20 → $21 | Strong Buy | Maintains | $20 → $21 | +27.97% | May 14, 2024 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $23 → $25 | Strong Buy | Maintains | $23 → $25 | +52.35% | Apr 3, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $23 → $20 | Strong Buy | Maintains | $23 → $20 | +21.88% | Apr 1, 2024 |
Financial Forecast
Revenue This Year
24.81B
from 21.59B
Increased by 14.88%
Revenue Next Year
26.17B
from 24.81B
Increased by 5.49%
EPS This Year
1.02
from -0.06
EPS Next Year
1.44
from 1.02
Increased by 41.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.2B | 28.2B | 28.5B | 28.7B | 30.3B |
| Avg | 24.8B | 26.2B | 26.8B | 27.7B | 29.1B |
| Low | 23.5B | 24.6B | 25.3B | 26.8B | 28.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.4% | 13.6% | 9.1% | 7.2% | 9.5% |
| Avg | 14.9% | 5.5% | 2.5% | 3.1% | 5.3% |
| Low | 8.9% | -0.8% | -3.4% | 0.0% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.26 | 1.75 | 1.99 | 2.12 | 2.57 |
| Avg | 1.02 | 1.44 | 1.73 | 2.04 | 2.47 |
| Low | 0.88 | 1.18 | 1.35 | 1.98 | 2.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 72.3% | 38.2% | 22.7% | 26.1% |
| Avg | - | 41.8% | 19.8% | 18.0% | 21.3% |
| Low | - | 15.5% | -6.3% | 14.5% | 17.7% |
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.