Carnival (CCL) Stock Forecast, Price Target & Predictions
CCL Stock Forecast
Carnival stock forecast is as follows: an average price target of $22.69 (represents a 31.46% upside from CCL’s last price of $17.26) and a rating consensus of 'Buy', based on 25 wall street analysts offering a 1-year stock forecast.
CCL Price Target
CCL Analyst Ratings
Carnival Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jun 27, 2024 | John Staszak | Argus Research | $25.00 | $18.61 | 34.34% | 44.84% |
Jun 26, 2024 | Paul Golding | Macquarie | $25.00 | $18.41 | 35.76% | 44.84% |
Jun 25, 2024 | Greg Badishkanian | Wolfe Research | $19.00 | $17.82 | 6.62% | 10.08% |
Jun 25, 2024 | Jamie Rollo | Morgan Stanley | $13.50 | $17.82 | -24.24% | -21.78% |
May 29, 2024 | Patrick Scholes | Truist Financial | $17.00 | $15.65 | 8.63% | -1.51% |
Apr 01, 2024 | Siye Desta | CFRA | $19.00 | $16.37 | 16.05% | 10.08% |
Apr 01, 2024 | Robin Farley | UBS | $20.00 | $16.54 | 20.96% | 15.87% |
Apr 01, 2024 | John Staszak | Argus Research | $20.00 | $16.34 | 22.40% | 15.87% |
Mar 28, 2024 | Steven Wieczynski | Stifel Nicolaus | $25.00 | $17.19 | 45.43% | 44.84% |
Mar 28, 2024 | - | Goldman Sachs | $22.00 | $17.19 | 27.98% | 27.46% |
Carnival Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 4 | 17 |
Avg Price Target | - | $20.63 | $21.38 |
Last Closing Price | $17.26 | $17.26 | $17.26 |
Upside/Downside | -100.00% | 19.52% | 23.87% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jun 26, 2024 | Macquarie | Outperform | Outperform | Hold |
Jun 26, 2024 | Deutsche Bank | Hold | Hold | Hold |
Jun 25, 2024 | Wolfe Research | Outperform | Outperform | Hold |
Jun 25, 2024 | Citigroup | Buy | Buy | Hold |
Jun 25, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
Jun 25, 2024 | Jefferies | Buy | Buy | Hold |
Jun 24, 2024 | UBS | Buy | Buy | Hold |
Jun 24, 2024 | Tigress Financial | Buy | Buy | Hold |
Jun 24, 2024 | Argus Research | Buy | Buy | Hold |
Jun 24, 2024 | Wells Fargo | Overweight | Overweight | Hold |
Carnival Financial Forecast
Carnival Revenue Forecast
Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.91B | - | - | $4.31B | $2.40B | - | - | $546.00M | $49.00M | - | - | $31.00M | $740.00M | - | - | $6.53B |
Avg Forecast | $6.21B | $8.37B | $6.28B | $5.83B | $6.13B | $8.28B | $6.11B | $5.68B | $5.87B | $7.81B | $5.68B | $5.42B | $5.29B | $6.71B | $4.79B | $4.32B | $3.93B | $956.99M | $2.72B | $2.26B | $1.41B | $670.38M | $185.29M | $197.36M | $94.25M | $77.33M | $773.90M | $4.68B | $4.58B | $6.21B |
High Forecast | $6.21B | $8.37B | $6.28B | $5.83B | $6.13B | $8.28B | $6.11B | $5.68B | $5.87B | $7.91B | $5.68B | $5.42B | $5.46B | $6.71B | $4.79B | $4.32B | $3.93B | $1.15B | $2.76B | $2.29B | $1.43B | $681.26M | $188.30M | $200.56M | $95.78M | $78.59M | $786.46M | $4.75B | $4.65B | $6.31B |
Low Forecast | $6.21B | $8.37B | $6.28B | $5.83B | $6.13B | $8.28B | $6.11B | $5.68B | $5.87B | $7.69B | $5.68B | $5.42B | $5.17B | $6.71B | $4.79B | $4.32B | $3.93B | $765.59M | $2.67B | $2.22B | $1.38B | $659.15M | $182.19M | $194.05M | $92.68M | $76.04M | $760.94M | $4.60B | $4.50B | $6.11B |
# Analysts | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 10 | 12 | 10 | 5 | 8 | 6 | 4 | 6 | 5 | 12 | 3 | 3 | 4 | 6 | 4 | 4 | 5 | 6 | 3 | 3 | 2 | 2 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | - | - | 4.50% | 0.88% | - | - | 0.81% | 0.26% | - | - | 0.40% | 0.96% | - | - | 1.05% |
Carnival EBITDA Forecast
Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 10 | 12 | 10 | 5 | 8 | 6 | 4 | 6 | 5 | 12 | 3 | 3 | 4 | 6 | 4 | 4 | 5 | 6 | 3 | 3 | 2 | 2 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $768.00M | - | - | $244.00M | $-889.00M | - | - | $-1.50B | $-1.06B | - | - | $-2.00B | $-2.26B | - | - | $2.43B |
Avg Forecast | $-2.00B | $-2.69B | $-2.02B | $-1.88B | $-1.97B | $-2.66B | $-1.97B | $-1.83B | $-1.89B | $-2.51B | $-1.83B | $-797.79M | $-1.70B | $-2.16B | $-1.54B | $-725.27M | $-1.27B | $-1.77B | $-875.69M | $-659.33M | $-453.43M | $-215.82M | $-59.65M | $-861.95M | $-30.34M | $-24.90M | $-249.15M | $-171.85M | $-1.47B | $-2.00B |
High Forecast | $-2.00B | $-2.69B | $-2.02B | $-1.88B | $-1.97B | $-2.66B | $-1.97B | $-1.83B | $-1.89B | $-2.47B | $-1.83B | $-638.23M | $-1.66B | $-2.16B | $-1.54B | $-580.21M | $-1.27B | $-1.42B | $-861.03M | $-527.47M | $-445.84M | $-212.21M | $-58.65M | $-689.56M | $-29.84M | $-24.48M | $-244.97M | $-137.48M | $-1.45B | $-1.97B |
Low Forecast | $-2.00B | $-2.69B | $-2.02B | $-1.88B | $-1.97B | $-2.66B | $-1.97B | $-1.83B | $-1.89B | $-2.55B | $-1.83B | $-957.35M | $-1.76B | $-2.16B | $-1.54B | $-870.32M | $-1.27B | $-2.12B | $-889.91M | $-791.20M | $-460.79M | $-219.32M | $-60.62M | $-1.03B | $-30.84M | $-25.30M | $-253.19M | $-206.22M | $-1.50B | $-2.03B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.50% | - | - | -0.14% | 1.02% | - | - | 6.96% | 17.70% | - | - | 80.34% | 9.08% | - | - | -1.21% |
Carnival Net Income Forecast
Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 10 | 12 | 10 | 5 | 8 | 6 | 4 | 6 | 5 | 12 | 3 | 3 | 4 | 6 | 4 | 4 | 5 | 6 | 3 | 3 | 2 | 2 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-407.00M | - | - | $-770.00M | $-1.83B | - | - | $-2.84B | $-2.07B | - | - | $-2.86B | $-4.37B | - | - | $1.78B |
Avg Forecast | $182.07M | $1.73B | $331.02M | $19.34M | $155.67M | $1.63B | $244.01M | $-60.03M | $71.74M | $1.47B | $-19.03M | $-1.56B | $-160.74M | $955.41M | $-427.08M | $-1.42B | $-1.12B | $-2.67B | $-1.54B | $-1.29B | $-1.84B | $-1.94B | $-2.05B | $-1.65B | $-2.45B | $-2.79B | $-2.02B | $-925.63M | $640.61M | $3.22B |
High Forecast | $182.07M | $1.73B | $331.02M | $19.34M | $155.67M | $1.63B | $244.01M | $-60.03M | $71.74M | $1.51B | $-19.03M | $-1.25B | $-133.95M | $955.41M | $-427.08M | $-1.14B | $-1.12B | $-2.14B | $-1.50B | $-1.03B | $-1.80B | $-1.90B | $-2.01B | $-1.32B | $-2.39B | $-2.73B | $-1.98B | $-740.50M | $654.13M | $3.29B |
Low Forecast | $182.07M | $1.73B | $331.02M | $19.34M | $155.67M | $1.63B | $244.01M | $-60.03M | $71.74M | $1.41B | $-19.03M | $-1.87B | $-200.93M | $955.41M | $-427.08M | $-1.70B | $-1.12B | $-3.21B | $-1.57B | $-1.55B | $-1.87B | $-1.98B | $-2.10B | $-1.98B | $-2.50B | $-2.85B | $-2.07B | $-1.11B | $626.67M | $3.15B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | - | - | 0.29% | 1.19% | - | - | 1.46% | 1.01% | - | - | 1.02% | 2.16% | - | - | 0.55% |
Carnival SG&A Forecast
Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 10 | 12 | 10 | 5 | 8 | 6 | 4 | 6 | 5 | 12 | 3 | 3 | 4 | 6 | 4 | 4 | 5 | 6 | 3 | 3 | 2 | 2 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $736.00M | - | - | $625.00M | $619.00M | - | - | $425.00M | $417.00M | - | - | $265.00M | $492.00M | - | - | $563.00M |
Avg Forecast | $2.22B | $2.99B | $2.24B | $2.08B | $2.19B | $2.96B | $2.18B | $2.03B | $2.10B | $2.79B | $2.03B | $437.71M | $1.89B | $2.40B | $1.71B | $397.92M | $1.40B | $400.28M | $971.63M | $361.75M | $503.11M | $239.46M | $66.19M | $70.50M | $33.67M | $27.62M | $276.44M | $803.56M | $1.64B | $2.22B |
High Forecast | $2.22B | $2.99B | $2.24B | $2.08B | $2.19B | $2.96B | $2.18B | $2.03B | $2.10B | $2.82B | $2.03B | $525.26M | $1.95B | $2.40B | $1.71B | $477.50M | $1.40B | $480.33M | $987.41M | $434.10M | $511.28M | $243.35M | $67.26M | $71.64M | $34.21M | $28.07M | $280.93M | $964.27M | $1.66B | $2.26B |
Low Forecast | $2.22B | $2.99B | $2.24B | $2.08B | $2.19B | $2.96B | $2.18B | $2.03B | $2.10B | $2.75B | $2.03B | $350.17M | $1.85B | $2.40B | $1.71B | $318.34M | $1.40B | $320.22M | $955.36M | $289.40M | $494.68M | $235.45M | $65.08M | $69.32M | $33.10M | $27.16M | $271.81M | $642.84M | $1.61B | $2.18B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.43% | - | - | 1.56% | 0.64% | - | - | 1.77% | 6.30% | - | - | 9.59% | 1.78% | - | - | 0.25% |
Carnival EPS Forecast
Dec 26 | Aug 26 | May 26 | Mar 26 | Dec 25 | Aug 25 | May 25 | Mar 25 | Dec 24 | Aug 24 | May 24 | Mar 24 | Dec 23 | Aug 23 | May 23 | Mar 23 | Dec 22 | Aug 22 | May 22 | Mar 22 | Dec 21 | Aug 21 | May 21 | Mar 21 | Dec 20 | Aug 20 | May 20 | Mar 20 | Dec 19 | Aug 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 10 | 12 | 10 | 5 | 8 | 6 | 4 | 6 | 5 | 12 | 3 | 3 | 4 | 6 | 4 | 4 | 5 | 6 | 3 | 3 | 2 | 2 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.32 | - | - | $-0.65 | $-1.61 | - | - | $-2.50 | $-1.83 | - | - | $-3.69 | $-6.07 | - | - | $2.58 |
Avg Forecast | $0.14 | $1.36 | $0.26 | $0.02 | $0.12 | $1.28 | $0.19 | $-0.05 | $0.06 | $1.16 | $-0.01 | $-0.18 | $-0.13 | $0.75 | $-0.34 | $-0.60 | $-0.88 | $1.27 | $-1.21 | $-1.28 | $-1.44 | $-1.53 | $-1.62 | $-1.54 | $-1.92 | $-2.20 | $-1.59 | $0.27 | $0.50 | $2.53 |
High Forecast | $0.14 | $1.36 | $0.26 | $0.02 | $0.12 | $1.28 | $0.19 | $-0.05 | $0.06 | $1.19 | $-0.01 | $-0.18 | $-0.11 | $0.75 | $-0.34 | $-0.60 | $-0.88 | $1.27 | $-1.18 | $-1.25 | $-1.41 | $-1.50 | $-1.58 | $-1.51 | $-1.88 | $-2.15 | $-1.56 | $0.28 | $0.51 | $2.59 |
Low Forecast | $0.14 | $1.36 | $0.26 | $0.02 | $0.12 | $1.28 | $0.19 | $-0.05 | $0.06 | $1.11 | $-0.01 | $-0.18 | $-0.16 | $0.75 | $-0.34 | $-0.60 | $-0.88 | $1.27 | $-1.24 | $-1.30 | $-1.47 | $-1.56 | $-1.65 | $-1.57 | $-1.97 | $-2.24 | $-1.63 | $0.27 | $0.49 | $2.48 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | - | - | -0.51% | 1.33% | - | - | 1.63% | 1.13% | - | - | 1.68% | 3.81% | - | - | 1.02% |
Carnival Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
TRIP | Tripadvisor | $13.51 | $27.64 | 104.59% | Buy |
CCL | Carnival | $17.26 | $22.69 | 31.46% | Buy |
EXPE | Expedia Group | $135.77 | $166.19 | 22.41% | Buy |
ABNB | Airbnb | $117.75 | $142.61 | 21.11% | Buy |
NCLH | Norwegian Cruise Line | $19.33 | $21.91 | 13.35% | Buy |
BKNG | Booking | $3.93K | $3.38K | -14.12% | Buy |
RCL | Royal Caribbean Cruises | $167.96 | $110.50 | -34.21% | Buy |
CCL Forecast FAQ
Is Carnival a good buy?
Yes, according to 25 Wall Street analysts, Carnival (CCL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 20 'Buy' recommendations, accounting for 80.00% of CCL's total ratings.
What is CCL's price target?
Carnival (CCL) average price target is $22.69 with a range of $13.5 to $38, implying a 31.46% from its last price of $17.26. The data is based on 25 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Carnival stock go up soon?
According to Wall Street analysts' prediction for CCL stock, the company can go up by 31.46% (from the last price of $17.26 to the average price target of $22.69), up by 120.16% based on the highest stock price target, and down by -21.78% based on the lowest stock price target.
Can Carnival stock reach $30?
CCL's highest twelve months analyst stock price target of $38 supports the claim that Carnival can reach $30 in the near future.
Did the CCL's actual financial results beat the analysts' financial forecasts?
In terms of the last quarterly report (May 2023), Carnival's revenue was $4.91B, beating the average analysts' forecast of $4.79B by 2.56%. The company's EBITDA was $768M, missing the average prediction of $-1.542B by -149.82%. Carnival's net income was $-407M, missing the average estimation of $-427M by -4.70%. The company's SG&A was $736M, missing the average forecast of $1.71B by -56.97%. Lastly, the company's EPS was $-0.32, missing the average prediction of $-0.336 by -4.77%