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

Carnival (NYSE:CCL) had its price target decreased by Truist Financial from $34.00 to $30.00 in a research report report published on Tuesday,Benzinga reports. Truist Financial currently has a hold rating on the stock.

Several other equities research analysts also recently commented on the company. Sanford C. Bernstein boosted their price objective on Carnival from $26.00 to $33.00 and gave the company a “market perform” rating in a report on Tuesday, January 6th. Citigroup lifted their price target on shares of Carnival from $36.00 to $39.00 and gave the company a “buy” rating in a research report on Monday, December 22nd. Zacks Research lowered shares of Carnival from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. UBS Group upped their price objective on shares of Carnival from $37.00 to $38.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Finally, Wells Fargo & Company raised their price objective on shares of Carnival from $38.00 to $40.00 and gave the company an “overweight” rating in a research note on Thursday, March 5th. Nineteen analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $34.36.

Carnival Stock Down 1.5%

CCL stock opened at $25.34 on Tuesday. The stock’s 50 day simple moving average is $29.05 and its 200 day simple moving average is $28.90. 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. The company has a market cap of $31.39 billion, a P/E ratio of 12.67, a price-to-earnings-growth ratio of 1.07 and a beta of 2.42.

Institutional Investors Weigh In On Carnival

Institutional investors have recently bought and sold shares of the stock. CVA Family Office LLC raised its position in Carnival by 15.6% in the 4th quarter. CVA Family Office LLC now owns 2,597 shares of the company’s stock valued at $79,000 after buying an additional 350 shares during the last quarter. Net Worth Advisory Group boosted its holdings in Carnival by 2.9% during the 4th quarter. Net Worth Advisory Group now owns 12,383 shares of the company’s stock worth $378,000 after acquiring an additional 354 shares during the last quarter. Triad Wealth Partners LLC grew its stake in shares of Carnival by 2.1% in the 4th quarter. Triad Wealth Partners LLC now owns 17,464 shares of the company’s stock worth $533,000 after acquiring an additional 358 shares in the last quarter. Commerzbank Aktiengesellschaft FI raised its holdings in shares of Carnival by 3.5% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 10,540 shares of the company’s stock valued at $322,000 after purchasing an additional 358 shares during the last quarter. Finally, StoneX Group Inc. raised its holdings in shares of Carnival by 4.9% in the fourth quarter. StoneX Group Inc. now owns 7,935 shares of the company’s stock valued at $242,000 after purchasing an additional 368 shares during the last quarter. Institutional investors own 67.19% of the company’s stock.

Key Headlines Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Robust demand and revenue momentum — previews note record Q4 revenue, continued high booking momentum and the company chasing a long streak of earnings beats, which supports medium‑term earnings upside. Carnival Q1 Preview: Cruise Line Looks To Offset Oil Concerns With Record Demand, 14th Straight Earnings Beat
• Positive Sentiment: Analyst support — Morgan Stanley upgraded CCL to Overweight (despite trimming its price target), and TD Cowen reaffirmed a Buy stance, signaling some sell‑side conviction that recent weakness may be an entry opportunity. Carnival Corp. (CCL) Upgraded by Morgan Stanley
• Neutral Sentiment: Q1 focus — multiple previews and earnings guides highlight key metrics to watch (fuel expense, ticket yields, capacity deployment and forward bookings); near‑term volatility is likely until the actual Q1 print. Carnival (CCL) Reports Q1: Everything You Need To Know Ahead Of Earnings
• Negative Sentiment: Rising fuel costs — several reports point to oil/fuel headwinds entering Q1 that could compress margins and temper EPS beats, a key catalyst for the near‑term stock move. Carnival faces fuel cost headwinds ahead of Q1 results
• Negative Sentiment: Cost pressures beyond fuel — analysts flag higher dry‑dock and regulatory costs for FY26 that could weigh on margin progression even as yields improve. Will High Dry Dock & Regulatory Costs Weigh On CCL’s Earnings Growth?
• Negative Sentiment: Some analysts lowered expectations — Barclays and Truist have trimmed forecasts/price expectations recently, adding downside pressure to sentiment despite other shops staying constructive. Barclays Has Lowered Expectations for Carnival (NYSE:CCL) Stock Price
• Neutral Sentiment: Broader industry moves — competitors expanding premium/luxury itineraries (e.g., Seabourn) underline segmentation gains but are not an immediate threat to Carnival’s mass-market recovery. SEABOURN ANNOUNCES NEW 2027-2029 OCEAN VOYAGES AS IT CELEBRATES 40 YEARS AT SEA

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.