Carnival (NYSE:CCL) Price Target Raised to $39.00 at Mizuho

Carnival (NYSE:CCL) had its price objective boosted by Mizuho from $38.00 to $39.00 in a research note issued to investors on Friday morning,Benzinga reports. Mizuho currently has an outperform rating on the stock.

CCL has been the subject of several other research reports. Argus reiterated a “buy” rating and issued a $35.00 target price on shares of Carnival in a research note on Monday, December 22nd. Wolfe Research restated an “outperform” rating on shares of Carnival in a research note on Friday, December 19th. The Goldman Sachs Group cut their price objective on shares of Carnival from $34.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday, March 11th. TD Cowen reissued a “buy” rating on shares of Carnival in a report on Tuesday, January 13th. Finally, Truist Financial dropped their target price on Carnival from $34.00 to $30.00 and set a “hold” rating on the stock in a research report on Tuesday. Nineteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $34.41.

Carnival Stock Down 4.5%

Shares of NYSE CCL opened at $24.15 on Friday. 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 stock has a market capitalization of $29.93 billion, a PE ratio of 12.08, a P/E/G ratio of 1.05 and a beta of 2.42. Carnival has a one year low of $15.07 and a one year high of $34.03. The business’s fifty day moving average price is $28.95 and its 200-day moving average price is $28.85.

Carnival (NYSE:CCL) last announced its quarterly earnings data on Friday, March 27th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.02. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The company had revenue of $6.17 billion during the quarter, compared to analyst estimates of $6.13 billion. During the same quarter last year, the firm posted $0.13 EPS. The firm’s revenue for the quarter was up 6.1% on a year-over-year basis. On average, equities research analysts anticipate that Carnival will post 1.77 EPS for the current year.

Hedge Funds Weigh In On Carnival

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

More Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Q1 beat on both EPS and revenue; strong demand and record bookings support medium‑term revenue growth. Carnival reported non‑GAAP EPS of ~$0.20 and revenue of ~$6.17B, topping consensus and citing stronger onboard spend and bookings. Read More.
• Positive Sentiment: Management authorized a $2.5B share buyback and highlighted improving cash flow/return to profitability — actions that are shareholder friendly and underpin upside if fuel pressure eases. Read More.
• Positive Sentiment: Analyst support: Mizuho raised its price target and maintained an outperform stance, and multiple firms continue to issue buy/overweight ratings — providing potential price support. Read More.
• Neutral Sentiment: Macro market moves are amplifying stock volatility today (broad indices down, oil rally lifting energy). That can exacerbate sector moves even when company fundamentals are mixed. Read More.
• Neutral Sentiment: Mixed financial metrics: top‑line growth and improved cash generation contrast with declines in operating/net income versus year‑ago levels — investors will watch margin trends and guidance cadence. Read More.
• Negative Sentiment: Company cut full‑year profit guidance, explicitly citing surging fuel costs driven by Middle East geopolitical tensions (management flagged a sizable fuel bill increase). That guidance reduction is the primary driver of the share decline. Read More.
• Negative Sentiment: Fuel expense hit: coverage cites fuel costs rising to roughly $2.15B and warns higher fuel will weigh on FY26 results — a direct margin headwind for a fuel‑intensive operator. Read More.
• Negative Sentiment: Market reaction: shares fell despite the beat because investors focused on the guidance cut and macro‑driven oil spike — illustrating sensitivity to commodity and geopolitical risk. Read More.

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.