Carnival (NYSE:CCL) Given New $39.00 Price Target at Mizuho

Carnival (NYSE:CCL) had its target price raised by Mizuho from $38.00 to $39.00 in a report released on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Mizuho’s price target suggests a potential upside of 61.04% from the stock’s current price.

Other equities research analysts have also issued reports about the stock. Barclays dropped their target price on shares of Carnival from $37.00 to $36.00 and set an “overweight” rating for the company in a research report on Tuesday. Truist Financial cut their price objective on Carnival from $34.00 to $30.00 and set a “hold” rating for the company in a report on Tuesday. Susquehanna reduced their price objective on Carnival from $40.00 to $30.00 and set a “positive” rating on the stock in a research report on Monday. Wall Street Zen upgraded Carnival from a “hold” rating to a “buy” rating in a research report on Saturday, January 31st. Finally, UBS Group upped their target price on Carnival from $37.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Nineteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $34.41.

Carnival Price Performance

NYSE CCL traded down $1.06 during trading on Friday, reaching $24.22. The company’s stock had a trading volume of 21,313,770 shares, compared to its average volume of 23,715,674. The firm has a fifty day moving average of $29.05 and a 200 day moving average of $28.90. Carnival has a one year low of $15.07 and a one year high of $34.03. The stock has a market capitalization of $30.00 billion, a PE ratio of 12.13, a P/E/G ratio of 1.07 and a beta of 2.42. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.32 and a quick ratio of 0.28.

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

Hedge Funds Weigh In On Carnival

A number of hedge funds have recently modified their holdings of CCL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Carnival by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company’s stock valued at $2,191,000 after buying an additional 5,435 shares during the period. Great Lakes Advisors LLC purchased a new stake in Carnival in the first quarter worth about $228,000. Empowered Funds LLC boosted its position in Carnival by 61.6% during the 1st quarter. Empowered Funds LLC now owns 30,437 shares of the company’s stock valued at $594,000 after acquiring an additional 11,601 shares in the last quarter. Woodline Partners LP grew its holdings in shares of Carnival by 41.9% during the 1st quarter. Woodline Partners LP now owns 88,522 shares of the company’s stock worth $1,729,000 after acquiring an additional 26,141 shares during the period. Finally, MAI Capital Management grew its holdings in shares of Carnival by 8.7% during the 2nd quarter. MAI Capital Management now owns 7,546 shares of the company’s stock worth $212,000 after acquiring an additional 606 shares during the period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Key Carnival News

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Q1 beat and strong top-line — Carnival reported non‑GAAP EPS of $0.20 (vs. $0.18 consensus) and revenue ~ $6.17B; management highlighted record bookings and elevated onboard spending that supported results. Carnival Non-GAAP EPS of $0.20 beats by $0.02, revenue of $6.17B beats by $30M
• Positive Sentiment: Capital return — the company authorized a new $2.5 billion share buyback, which can support the share price over time if executed. Earnings Snapshot: Carnival tops FQ1 estimates; lowers full-year outlook, authorizes new $2.5B buyback program
• Positive Sentiment: Demand resilience — management cited record revenue and continued strong booking trends, which help offset near‑term cost pressures. Carnival posts record quarterly revenue, boosts outlook and unveils long-term targets
• Neutral Sentiment: Market attention on management commentary — prediction markets and traders were eyeing CEO remarks for color on fuel exposure and guidance changes ahead of/after the call. Carnival Earnings Prediction Market Preview: What Will CEO Josh Weinstein Say?
• Negative Sentiment: Guidance trimmed due to fuel — Carnival cut its full‑year profit forecast, citing higher crude/fuel costs driven by Iran/region tensions, a direct hit to margins going forward. Cruise operator Carnival cuts annual profit forecast on higher fuel costs
• Negative Sentiment: Geopolitical / oil risk drove the selloff — coverage notes the earnings beat is being overshadowed by surging oil and Iran‑related geopolitical risk, which is pressuring cruise stocks broadly. Carnival Drops 4%: 3 Reasons Cruise Stocks Are Struggling With Oil and Geopolitical Risk
• Negative Sentiment: Analyst caution — some firms have trimmed estimates or reiterated concerns about cost headwinds and regulatory/drydock costs that could pressure margins despite demand. Barclays Has Lowered Expectations for Carnival (NYSE:CCL) Stock Price

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.