Carnival (NYSE:CCL) Price Target Cut to $35.00 by Analysts at Stifel Nicolaus

Carnival (NYSE:CCL) had its price objective dropped by analysts at Stifel Nicolaus from $40.00 to $35.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Stifel Nicolaus’ target price indicates a potential upside of 33.78% from the company’s previous close.

Several other research firms have also recently issued reports on CCL. Jefferies Financial Group lifted their price objective on shares of Carnival from $34.00 to $37.00 and gave the stock a “buy” rating in a research report on Monday, December 15th. Zacks Research downgraded Carnival from a “strong-buy” rating to a “hold” rating in a report on Monday. Barclays dropped their price objective on Carnival from $37.00 to $36.00 and set an “overweight” rating on the stock in a report on Wednesday, December 17th. TD Cowen restated a “buy” rating on shares of Carnival in a research note on Tuesday, January 13th. Finally, Wall Street Zen upgraded shares of Carnival from a “hold” rating to a “buy” rating in a research note on Saturday, January 31st. Nineteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.87.

Carnival Stock Down 0.9%

CCL stock opened at $26.16 on Wednesday. The company’s 50 day moving average price is $30.55 and its 200 day moving average price is $29.44. The firm has a market capitalization of $32.41 billion, a price-to-earnings ratio of 13.08, a PEG ratio of 0.97 and a beta of 2.42. Carnival has a fifty-two week low of $15.07 and a fifty-two week high of $34.03. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.28 and a current ratio of 0.32.

Carnival (NYSE:CCL) last issued its quarterly earnings results on Friday, December 19th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.09. Carnival had a net margin of 10.37% and a return on equity of 28.39%. The company had revenue of $6.33 billion during the quarter, compared to the consensus estimate of $6.38 billion. During the same quarter in the previous year, the firm earned $0.14 earnings per share. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. 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, equities research analysts anticipate that Carnival will post 1.77 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in shares of Carnival by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 128,133,282 shares of the company’s stock valued at $3,913,190,000 after buying an additional 368,445 shares during the last quarter. State Street Corp grew its holdings in shares of Carnival by 1.5% during the fourth quarter. State Street Corp now owns 48,074,173 shares of the company’s stock worth $1,468,185,000 after buying an additional 704,433 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its position in Carnival by 0.8% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 36,109,629 shares of the company’s stock valued at $1,043,929,000 after acquiring an additional 291,864 shares during the period. Causeway Capital Management LLC increased its position in Carnival by 9.6% in the 3rd quarter. Causeway Capital Management LLC now owns 31,912,001 shares of the company’s stock valued at $922,576,000 after acquiring an additional 2,783,927 shares during the period. Finally, Geode Capital Management LLC raised its stake in Carnival by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 29,450,412 shares of the company’s stock valued at $896,104,000 after acquiring an additional 683,311 shares during the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

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.