Carnival (NYSE:CCL) Price Target Lowered to $30.00 at Truist Financial

Carnival (NYSE:CCL) had its target price cut by Truist Financial from $34.00 to $30.00 in a research report sent to investors on Tuesday morning,Benzinga reports. They currently have a hold rating on the stock.

Other analysts have also recently issued reports about the company. Barclays lowered their target price on Carnival from $37.00 to $36.00 and set an “overweight” rating for the company in a research note on Tuesday. Wall Street Zen raised shares of Carnival from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. Bank of America upped their price target on shares of Carnival from $40.00 to $45.00 and gave the company a “buy” rating in a report on Monday, January 12th. TD Cowen reissued a “buy” rating on shares of Carnival in a research report on Tuesday, January 13th. Finally, Argus reaffirmed a “buy” rating and issued a $35.00 price objective on shares of Carnival in a research report on Monday, December 22nd. Twenty research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Carnival has a consensus rating of “Moderate Buy” and an average target price of $34.00.

Carnival Stock Down 0.0%

Shares of Carnival stock opened at $25.45 on Tuesday. The company has a market capitalization of $31.53 billion, a P/E ratio of 12.72, a price-to-earnings-growth ratio of 0.98 and a beta of 2.42. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.32 and a quick ratio of 0.28. The business has a 50-day moving average of $29.22 and a two-hundred day moving average of $28.95. Carnival has a 1 year low of $15.07 and a 1 year high of $34.03.

Hedge Funds Weigh In On Carnival

A number of large investors have recently bought and sold shares of the company. BOCHK Asset Management Ltd acquired a new stake in shares of Carnival in the fourth quarter valued at approximately $25,000. Measured Wealth Private Client Group LLC bought a new stake in shares of Carnival in the third quarter worth $25,000. Lloyd Advisory Services LLC. acquired a new position in Carnival during the fourth quarter worth $26,000. Evolution Wealth Management Inc. bought a new position in Carnival in the second quarter valued at $25,000. Finally, Newbridge Financial Services Group Inc. grew its position in Carnival by 381.0% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 962 shares of the company’s stock valued at $29,000 after purchasing an additional 762 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Carnival News Roundup

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Market risk sentiment improved after signs of de‑escalation in the Middle East and a drop in crude prices, which reduces near‑term fuel cost worries for fuel‑sensitive cruise operators — a key reason the stock has rallied recently. Read More.
• Positive Sentiment: Near‑term momentum ahead of Carnival’s Q1 report: analysts and commentators note strong bookings and pricing trends even as fuel and regional mix remain questions — this has supported buying into the name ahead of the print. Read More.
• Neutral Sentiment: Brand and itinerary updates (Princess South America season; Cunard fashion partnership) help marketing and long‑term demand positioning but are unlikely to move near‑term earnings materially. Read More. · Read More.
• Neutral Sentiment: Carnival is moving to simplify its dual‑listed capital structure by voluntarily delisting certain debt listings — a corporate governance/capital‑markets cleanup that may reduce complexity for fixed‑income investors but has limited immediate EPS impact. Read More.
• Negative Sentiment: Several analysts trimmed price targets recently (Truist, Barclays, Susquehanna among others), reflecting lingering margin risk from fuel and cost pressures — analyst downgrades or lower targets can cap upside ahead of clearer guidance. Read More.
• Negative Sentiment: Disclosure of insider sales and large, mixed hedge‑fund rebalancing highlighted by data services can spook investors; notable insider sales were flagged in recent reporting. Such flows can add volatility into the earnings window. Read More.

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.