Bank of America Boosts Carnival (NYSE:CCL) Price Target to $45.00

Carnival (NYSE:CCL) had its target price lifted by equities research analysts at Bank of America from $40.00 to $45.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Bank of America‘s price target would indicate a potential upside of 41.89% from the company’s current price.

A number of other research firms have also commented on CCL. Wall Street Zen lowered shares of Carnival from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. Wells Fargo & Company upped their price target on shares of Carnival from $35.00 to $38.00 and gave the company an “overweight” rating in a research report on Monday, December 22nd. Morgan Stanley set a $33.00 price objective on Carnival in a research report on Wednesday. Susquehanna upped their target price on Carnival from $35.00 to $40.00 and gave the company a “positive” rating in a research report on Tuesday, December 16th. Finally, UBS Group reaffirmed a “buy” rating and set a $38.00 target price on shares of Carnival in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, Carnival currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.78.

Carnival Trading Down 1.3%

Shares of NYSE CCL traded down $0.42 during trading on Monday, reaching $31.72. The company had a trading volume of 8,334,633 shares, compared to its average volume of 17,472,258. The stock has a market cap of $37.03 billion, a P/E ratio of 15.86, a PEG ratio of 1.17 and a beta of 2.51. The company’s fifty day moving average price is $28.02 and its 200-day moving average price is $29.14. The company has a quick ratio of 0.28, a current ratio of 0.32 and a debt-to-equity ratio of 1.96. Carnival has a 12 month low of $15.07 and a 12 month high of $32.89.

Carnival (NYSE:CCL) last posted its quarterly earnings data on Friday, December 19th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). The company had revenue of $6.33 billion during the quarter, compared to analyst estimates of $6.38 billion. Carnival had a return on equity of 28.39% and a net margin of 10.37%.Carnival’s revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.14 earnings per share. Carnival has set its Q1 2026 guidance at 0.170-0.170 EPS and its FY 2026 guidance at 2.480-2.48 EPS. As a group, research analysts expect that Carnival will post 1.77 earnings per share for the current year.

Institutional Trading of Carnival

Hedge funds and other institutional investors have recently bought and sold shares of the business. Evolution Wealth Management Inc. purchased a new stake in Carnival in the 2nd quarter valued at about $25,000. Measured Wealth Private Client Group LLC bought a new position in shares of Carnival in the third quarter valued at approximately $25,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of Carnival during the second quarter valued at approximately $28,000. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Carnival by 182.0% during the third quarter. Annis Gardner Whiting Capital Advisors LLC now owns 1,021 shares of the company’s stock valued at $30,000 after acquiring an additional 659 shares during the last quarter. Finally, LRI Investments LLC bought a new stake in Carnival during the third quarter worth $30,000. Institutional investors own 67.19% of the company’s stock.

About Carnival

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.