Carnival (CCL) to Release Quarterly Earnings on Monday

Carnival (NYSE:CCL) is expected to announce its Q3 2025 results before the market opens on Monday, September 29th. Analysts expect the company to announce earnings of $1.31 per share and revenue of $8.0909 billion for the quarter. Investors can find conference call details on the company’s upcoming Q3 2025 earningreport page for the latest details on the call scheduled for Monday, September 29, 2025 at 10:00 AM ET.

Carnival Price Performance

Shares of NYSE:CCL opened at $30.67 on Friday. Carnival has a fifty-two week low of $15.07 and a fifty-two week high of $32.80. The business has a 50-day moving average of $30.54 and a two-hundred day moving average of $25.21. The stock has a market capitalization of $35.80 billion, a P/E ratio of 16.58, a P/E/G ratio of 0.68 and a beta of 2.70. The company has a debt-to-equity ratio of 2.58, a current ratio of 0.34 and a quick ratio of 0.30.

Insider Buying and Selling at Carnival

In other news, Director Sir Jonathon Band sold 12,500 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total value of $371,875.00. Following the sale, the director directly owned 64,406 shares in the company, valued at approximately $1,916,078.50. This represents a 16.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 7.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Darwin Wealth Management LLC acquired a new position in shares of Carnival in the 2nd quarter valued at $181,000. Evergreen Capital Management LLC bought a new stake in shares of Carnival in the 2nd quarter valued at $202,000. Snowden Capital Advisors LLC bought a new stake in shares of Carnival in the 2nd quarter valued at $222,000. Great Lakes Advisors LLC bought a new stake in shares of Carnival in the 1st quarter valued at $228,000. Finally, Main Street Financial Solutions LLC bought a new stake in shares of Carnival in the 2nd quarter valued at $292,000. 67.19% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on CCL shares. Tigress Financial boosted their price target on Carnival from $32.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, July 29th. Barclays boosted their price target on Carnival from $33.00 to $37.00 and gave the company an “overweight” rating in a research note on Wednesday, September 17th. Mizuho boosted their price target on Carnival from $35.00 to $37.00 and gave the company an “outperform” rating in a research note on Thursday. JPMorgan Chase & Co. boosted their price target on Carnival from $34.00 to $39.00 and gave the company an “overweight” rating in a research note on Monday, September 15th. Finally, Morgan Stanley boosted their price target on Carnival from $21.00 to $24.00 and gave the company an “equal weight” rating in a research note on Thursday, June 26th. Fifteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $31.95.

About Carnival

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.