Stock·NYSE·Consumer Cyclical
Carnival Corporation Ltd. (CCL)
- Market cap
- $41.33B
- P/E
- 13.54
- Dividend yield
- 1.95%
- Street target
- $33.00median of 30 analysts
- 52-week range
- $21.45 $34.03
CCL stock today, November 11, 2026: price, news and analyst targets
As of November 10, 2026, Carnival Corporation Ltd. (CCL) trades at $30.74. Wall Street's median 12-month price target is $33.00 across 30 analysts, 7.4% above the price. CleaRank rates it Strong Buy with a score of 80/100.
Carnival's shares are trading near the upper part of their 52-week range, and the main question for holders is whether the recent run can hold. The stock closed at $30.74, 9.67% below its 52-week high of $34.03 and 74% of the way up its annual range. Analysts remain constructive: 24 of 30 rate it Buy or Strong Buy, none rate it Sell, and the median 12-month target is $33.00. Against that, the company's revenue growth is running behind the sector, and insiders have sold $16.3M of stock over the last 18 months without any open-market purchases.
Earnings have beaten estimates every time
Carnival has beaten its adjusted EPS estimate in each of the last five reports. The September 29, 2026 report was the strongest recent result, with EPS of $1.43 against the $1.35 estimate, a beat of 5.93%, and the shares rose 13.41% in the first session after it. The June 23, 2026 report beat by 20.59%, but the stock fell 4.87% the next session, and the March 27, 2026 and December 19, 2025 reports were followed by a fall of 4.31% and a rise of 9.81% respectively. Three of the five beats were followed by a lower share price, so the market has not reliably paid for each beat. Investors should read the beats as evidence that costs and demand are running ahead of forecasts, not as a guarantee of a price gain.
Growth is the weak spot against peers
Analysts expect revenue for the current fiscal year to rise 4.1% to $27.7B, so the gap is not expected to close quickly. The company's operating margin of 26.43% and return on equity of 24.00% show that the existing business earns well above sector norms, which is why the growth gap matters most for the valuation: the stock trades at a P/E of 13.54 against a sector median of 20.8, and the market is pricing in slower top-line expansion.
Insider selling without buying
Insiders sold $16.3M of stock over the last 18 months in 5 sales, and recorded no open-market purchases over the same period. Insider sales are often planned in advance or made to cover tax on vesting shares, so they carry less information than purchases would. Even so, the absence of any insider buying while the shares have risen 16.66% over the past month means that the people closest to the business have not added to their holdings at these prices.
CleaRank score 80/100 (Strong Buy). 14 of 19 checks pass: trend 3 of 4, momentum 3 of 3, valuation and quality 5 of 5, analysts 3 of 3, track record 0 of 4.
About Carnival Corporation
Carnival Corporation Ltd. is a global cruise and leisure travel company that operates a broad portfolio of passenger cruise brands serving vacation travelers across multiple regions. Its current business centers on providing ocean cruises, onboard hospitality, dining, entertainment, shore excursions, and related travel experiences through brands such as Carnival Cruise Line, Princess Cruises, Holland America Line, AIDA Cruises, Costa Cruises, Cunard, P&O Cruises, and Seabourn.
CCL stock news
Earnings beat
Earnings report, September 29, 2026
The September 29, 2026 report beat the EPS estimate by 5.93%, and the share price rose 13.41% in the first session after it.
Rating reaffirmed
Analyst action, Tigress Financial, October 13, 2026
Tigress Financial kept its Buy rating on October 13, 2026.
CCL price target 2026
CCL's uptrend depends on the price holding above its 50-day average of $25.54 and its 200-day average of $27.13. A close below the 200-day average would be the first sign that the trend is breaking. If the price pulls back, the first level it would reach is the 20-day EMA at $28.52.
For CCL, the next level overhead is the 52-week high of $34.03. The RSI sits in the bullish zone, which suggests momentum is still supporting the advance.
Analyst targets and ratings
12-month price targets
Ratings
Recent rating actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Oct 13, 2026 | Tigress Financial | Maintains | Buy |
| Oct 1, 2026 | Freedom Broker | Maintains | Buy |
| Oct 1, 2026 | Argus Research | Maintains | Buy |
| Oct 1, 2026 | Wells Fargo | Maintains | Overweight |
| Sep 30, 2026 | Morgan Stanley | Maintains | Overweight |
| Sep 30, 2026 | Susquehanna | Maintains | Positive |
CCL support and resistance levels
Below the price of $30.74, CCL's nearest support is the 20-day exponential average at $28.52, then the 200-day moving average at $27.13. Above it, the first resistance is the 52-week high at $34.03.
| Level | What it is | Price | From the price |
|---|---|---|---|
| Resistance 1 | 52-week high | $34.03 | +10.7% |
| Price | November 10, 2026 | $30.74 | |
| Support 1 | 20-day exponential average | $28.52 | -7.2% |
| Support 2 | 200-day moving average | $27.13 | -11.7% |
| Support 3 | 50-day moving average | $25.54 | -16.9% |
| Support 4 | 52-week low | $21.45 | -30.2% |
Technical indicators
CCL stock price and trading
CCL share price
CCL fundamentals and valuation
Key statistics
CCL against the Consumer Cyclical sector
Price to earnings vs sector: CCL trades at a notable discount to sector peers (-35% against the sector median P/E). Investors are paying less for each dollar of earnings than for the typical stock in the sector.
Return vs SPY: Since May 30, 2025, CCL has gained 32.4% against a gain of 27.2% for SPY.
Performance against SPY
Revenue and earnings
Revenue growth: Revenue grew 6.4% in FY2025 to $26.6B, from $25.0B a year earlier.
Profit margin: The net margin was 10.4% in FY2025, up from 7.7% the year before.
Profitable: CCL earned $2.8B in FY2025.
Earnings reality check
Earnings record: CCL beat the analyst estimate in 5 of the last 5 quarters.
Market reaction: The stock fell in the first session after 3 of those 5 beats, so a beat has not been enough on its own.
| Report | Estimate | Actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Sep 29, 2026before open | $1.35 | $1.43 | +5.93% | +13.41% | +15.45% |
| Jun 23, 2026before open | $0.34 | $0.41 | +20.59% | -4.87% | -3.31% |
| Mar 27, 2026before open | $0.18 | $0.20 | +11.11% | -4.31% | +1.42% |
| Dec 19, 2025before open | $0.25 | $0.34 | +36.00% | +9.81% | +8.33% |
| Sep 29, 2025before open | $1.32 | $1.43 | +8.33% | -3.98% | -6.69% |
CCL price history and drawdowns
Risk profile
Worst falls and recoveries
Growth of $10,000
Against the market: CCL trailed the S&P 500 over this period: $7,005.98 against $39,967.
A $10,000 investment in CCL in December 2016 would be worth about $7,006 today with dividends reinvested, compared with about $39,967 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
CCL stock price prediction 2030
CCL Stock Price Prediction 2030: Simulated Scenarios
CleaRank's simulation projects a price near $31.19 for CCL by 2030 in the base case, from $30.74 today (1.0x over 4 years). The 10th-percentile path ends near $8.66. These are outcomes of a Monte Carlo simulation run on CCL's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $16.25 | $30.85 | $58.56 | |
| 2028 | $12.51 | $30.96 | $76.63 | |
| 2029 | $10.24 | $31.08 | $94.29 | |
| 2030 | $8.66 | $31.19 | $112 |
CCL insider trading
CCL insider trading
Month by month
Net insider selling: No insider bought CCL shares on the open market in the last 18 months. Sales are often planned in advance or cover tax on vesting shares, so they say less than purchases would.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| May 28, 2026 | Bettina Alejandra Deynes
Officer
|
Sell | 43.1K | $1.2M |
| May 8, 2026 | Sir Jonathon Band
Director
|
Grant | 7.7K | - |
| May 8, 2026 | David Bernstein
Chief Financial Officer
|
Grant | 49.9K | - |
| May 8, 2026 | Jason Glen Cahilly
Director
|
Grant | 7.7K | - |
| May 8, 2026 | Nelda J Connors
Director
|
Grant | 7.7K | - |
| May 8, 2026 | Helen Deeble
Director
|
Grant | 7.7K | - |
| May 8, 2026 | Bettina Alejandra Deynes
Officer
|
Grant | 20.8K | - |
| May 8, 2026 | Jeffrey J Gearhart
Director
|
Grant | 7.7K | - |
| May 8, 2026 | Katie Lahey
Director
|
Grant | 7.7K | - |
| May 8, 2026 | Lars Jakob Ljoen
Officer
|
Grant | 21.8K | - |
CCL stock forecast: questions people ask
CCL Forecast: Frequently Asked Questions
What is the CCL stock forecast?
What is the CCL price target?
Is CCL a buy or sell today?
How has Carnival's earnings record looked recently?
Why is the P/E ratio low compared with peers?
Does Carnival pay a dividend?
How have insiders traded the stock?
How these figures are computed, and where the data comes from: CleaRank methodology.