Carnival (NYSE:CCL) Stock Rating Upgraded by Wall Street Zen

Carnival (NYSE:CCL) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

Other equities research analysts also recently issued reports about the stock. Barclays lowered their price objective on shares of Carnival from $37.00 to $36.00 and set an “overweight” rating for the company in a research note on Wednesday, December 17th. TD Cowen reaffirmed a “buy” rating on shares of Carnival in a research report on Tuesday, January 13th. UBS Group boosted their price target on Carnival from $37.00 to $38.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Wolfe Research restated an “outperform” rating on shares of Carnival in a research note on Friday, December 19th. Finally, Jefferies Financial Group lifted their target price on Carnival from $34.00 to $37.00 and gave the stock a “buy” rating in a report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $35.00.

Carnival Stock Performance

Shares of CCL stock opened at $29.99 on Friday. The firm has a market cap of $35.01 billion, a price-to-earnings ratio of 14.99, a PEG ratio of 1.14 and a beta of 2.51. Carnival has a 52-week low of $15.07 and a 52-week high of $32.89. The company has a quick ratio of 0.28, a current ratio of 0.32 and a debt-to-equity ratio of 1.96. The company’s 50 day moving average is $28.90 and its 200 day moving average is $29.20.

Carnival (NYSE:CCL) last posted its earnings results on Friday, December 19th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.09. The company had revenue of $6.33 billion for 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%.The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous 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. On average, sell-side analysts anticipate that Carnival will post 1.77 EPS for the current fiscal year.

Institutional Trading of Carnival

A number of institutional investors have recently made changes to their positions in CCL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Carnival by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company’s stock worth $2,191,000 after buying an additional 5,435 shares in the last quarter. Great Lakes Advisors LLC purchased a new stake in Carnival during the 1st quarter valued at about $228,000. Empowered Funds LLC raised its holdings in Carnival by 61.6% in the 1st quarter. Empowered Funds LLC now owns 30,437 shares of the company’s stock valued at $594,000 after acquiring an additional 11,601 shares during the last quarter. Woodline Partners LP lifted its stake in Carnival by 41.9% in the 1st quarter. Woodline Partners LP now owns 88,522 shares of the company’s stock worth $1,729,000 after purchasing an additional 26,141 shares in the last quarter. Finally, HB Wealth Management LLC lifted its stake in Carnival by 5.6% in the 2nd quarter. HB Wealth Management LLC now owns 27,884 shares of the company’s stock worth $784,000 after purchasing an additional 1,475 shares in the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Carnival Company Profile

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.