$25.73
+0.26 (+1.02%)
Performance
1D
—
1W
—
1M
—
3M
-16.19%
6M
-12.48%
1Y
+22.93%
YTD
-16.79%
Open$26.22
Previous Close$25.47
Day High$26.39
Day Low$25.52
52W High$34.03
52W Low$15.07
Volume—
Avg Volume20.50M
Market Cap44.21B
P/E Ratio16.02
EPS$1.96
SectorHotels, Restaurants & Leisure
Technical Indicators
Full analysis →
SMA 50
$30.40
Below
SMA 200
$28.25
Below
RSI (14)
51.6
Neutral
Trend
Golden Cross
Bullish
Analyst Ratings
Strong Buy
32 analysts
Price Target
+369.3% upside
Current
$25.73
$25.73
Target
$120.75
$120.75
$99.26
$120.75 avg
$144.41
Key Financials
| FY 2026 | FY 2025 | FY 2024 | |
|---|---|---|---|
| Revenue | 26.59B | 20.48B | 16.24B |
| Net Income | 2.76B | 1.91B | 1.97B |
| Profit Margin | 10.4% | 9.9% | 12.1% |
| EBITDA | 6.85B | 5.01B | 2.32B |
| Free Cash Flow | — | — | 2.15B |
| Rev Growth | +29.8% | +29.8% | -6.2% |
| Debt/Equity | 2.17 | 2.17 | 0.26 |
About Carnival Corp
Carnival Corporation and plc is the world's largest leisure travel and cruise company, headquartered in Miami, Florida, operating a portfolio of cruise line brands across all major global cruise markets. The company's brands include Carnival Cruise Line, Holland America Line, Princess Cruises, Seabourn, Costa Cruises, AIDA Cruises, and P&O Cruises, among others. Carnival operates one of the world's largest cruise fleets by passenger capacity and serves millions of guests annually across the Caribbean, Europe, Alaska, Australia, and other destinations. The company is dual-listed on the New York and London stock exchanges.
Hotels, Restaurants & Leisure Peers
| Symbol | Name | Price | Change | P/E | Mkt Cap |
|---|---|---|---|---|---|
| MCD | McDonalds Corp. | $311.70 | +1.25% | 27.5 | 235.25B |
| BKNG | Booking Holdings Inc | $4,237.75 | -1.23% | 25.2 | 136.01B |
| SBUX | Starbucks Corp | $92.70 | +0.78% | 77.2 | 105.74B |
| RCL | Royal Caribbean Cruises Ltd | $279.01 | +2.06% | 17.3 | 73.73B |
| MAR | Marriott International -Cl A | $326.79 | +0.77% | 32.9 | 85.52B |
| DASH | Doordash Inc - A | $152.92 | -1.17% | 85.3 | 79.71B |
CCL Frequently Asked Questions
What does Carnival Corp do?
Carnival Corporation operates the world's largest cruise business through a portfolio of nine consumer brands — Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, AIDA, Costa, P&O Cruises, and Cunard — each targeting different geographic markets and demographic segments. Ships are the core assets, and the business earns revenue from ticket sales, onboard spending (specialty dining, beverages, casinos, and excursions), and increasingly from private island destinations like Princess Cays and Celebration Key that keep passenger spending inside the Carnival ecosystem.
Is CCL stock a good investment?
Carnival emerged from the COVID-19 pandemic with substantially elevated debt, and the first years of recovery focused on restoring occupancy, returning to profitability, and addressing the balance sheet. Revenue per passenger cruise day — the key metric combining ticket prices and onboard spending — has recovered strongly as demand outpaced the return of full fleet capacity. The debt load remains the central investment risk, as interest expense consumes a meaningful portion of operating income. Debt reduction progress and the sustainability of pricing power are the two factors most closely followed by investors evaluating the stock.
Who are Carnival Corporation's main competitors?
Royal Caribbean Group is Carnival's most direct competitor globally and has executed its fleet strategy aggressively with new ships, private destinations, and premium experiences targeting younger, higher-spending demographics. Norwegian Cruise Line Holdings competes in the premium and freestyle cruising category. MSC Cruises is a privately held European cruise line expanding rapidly with new builds across mainstream and luxury segments. Disney Cruise Line competes for the family vacation budget at a premium price point. All of these companies compete for the same shipyard capacity, deployment windows, and port agreements.
What makes CCL stock unique?
Carnival's unmatched fleet scale — more ships and total berths than any other operator — gives it negotiating leverage with ports, suppliers, and travel agents that smaller rivals cannot match. The multi-brand strategy allows the company to pursue different demographic segments simultaneously without brand dilution, and geographic diversification across European, Australian, and Asian source markets reduces dependence on U.S. consumers alone. Private destination development — building exclusive beach clubs on leased Caribbean islands — is a structural shift toward capturing a higher share of passenger spending outside the main ship.
What is the current share price of CCL?
CCL last closed at $25.73, up 1.02% in the most recent trading session. Over the past 52 weeks, the stock has traded between a low of $15.07 and a high of $34.03. The current price represents 56% of its 52-week range, which helps investors gauge where the stock sits relative to its recent trading history.
Is CCL rated a buy or sell by analysts?
Among 32 analysts covering CCL, the consensus rating is Strong Buy — 25 rate it a buy, 7 hold, and 0 sell. The average price target sits at $120.75, implying 369% upside from the current price. Keep in mind that analyst targets reflect 12-month expectations and can shift quickly after earnings reports or major company events.
What are Carnival Corp's earnings?
Carnival Corp generated $26.59B in revenue during fiscal year 2026, with $2.76B reaching the bottom line as net income. The net profit margin of 10.4% is solid for its sector.
How is CCL valued compared to earnings?
CCL trades at a P/E ratio of 16.02 on trailing earnings of $1.96 per share. That's roughly in line with the broader market average of ~20-25x. Comparing this multiple against Hotels, Restaurants & Leisure sector peers gives better context than the broad market alone, since P/E norms vary significantly across industries.
What is CCL's return over the past year?
Performance varies across timeframes, reflecting shifting market conditions. Returns by timeframe: -16.19% (3M), -12.48% (6M), +22.93% (1Y), -16.79% (YTD). Comparing these figures against the S&P 500 and sector benchmarks helps determine whether CCL is outperforming or lagging the broader market.