Carnival (NYSE:CCL) Given New $36.00 Price Target at Barclays

Carnival (NYSE:CCL) had its target price lowered by equities researchers at Barclays from $37.00 to $36.00 in a report released on Tuesday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s target price indicates a potential upside of 42.87% from the stock’s current price.

Other analysts have also issued research reports about the stock. Wolfe Research reaffirmed an “outperform” rating on shares of Carnival in a report on Friday, December 19th. Sanford C. Bernstein raised their price target on shares of Carnival from $26.00 to $33.00 and gave the company a “market perform” rating in a report on Tuesday, January 6th. Wall Street Zen upgraded shares of Carnival from a “hold” rating to a “buy” rating in a research report on Saturday, January 31st. UBS Group upped their price target 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, TD Cowen reiterated a “buy” rating on shares of Carnival in a research report on Tuesday, January 13th. Twenty equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Carnival has a consensus rating of “Moderate Buy” and a consensus target price of $34.17.

Carnival Price Performance

NYSE CCL traded down $0.25 during trading hours on Tuesday, hitting $25.20. The company had a trading volume of 3,216,011 shares, compared to its average volume of 23,375,463. Carnival has a 52 week low of $15.07 and a 52 week high of $34.03. The firm has a 50 day simple moving average of $29.33 and a 200 day simple moving average of $28.99. 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 firm has a market capitalization of $31.22 billion, a price-to-earnings ratio of 12.60, a PEG ratio of 0.92 and a beta of 2.42.

Carnival (NYSE:CCL) last announced its quarterly earnings results on Friday, December 19th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.09. Carnival had a return on equity of 28.39% and a net margin of 10.37%.The firm had revenue of $6.33 billion for the quarter, compared to analysts’ expectations of $6.38 billion. During the same period in the prior year, the business posted $0.14 earnings per share. The company’s revenue was up 6.6% on a year-over-year basis. Equities research analysts expect that Carnival will post 1.77 earnings per share for the current year.

Hedge Funds Weigh In On Carnival

Large investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. lifted its position in Carnival by 70.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 696,693 shares of the company’s stock worth $21,277,000 after buying an additional 287,413 shares during the last quarter. World Investment Advisors grew its position in Carnival by 65.1% during the fourth quarter. World Investment Advisors now owns 24,451 shares of the company’s stock valued at $747,000 after acquiring an additional 9,644 shares during the last quarter. Corient Private Wealth LLC grew its position in Carnival by 23.8% during the fourth quarter. Corient Private Wealth LLC now owns 276,752 shares of the company’s stock valued at $8,452,000 after acquiring an additional 53,275 shares during the last quarter. Auto Owners Insurance Co raised its stake in shares of Carnival by 2,954.0% during the fourth quarter. Auto Owners Insurance Co now owns 19,851,000 shares of the company’s stock worth $60,625,000 after acquiring an additional 19,201,000 shares in the last quarter. Finally, Hsbc Holdings PLC raised its stake in shares of Carnival by 26.7% during the fourth quarter. Hsbc Holdings PLC now owns 1,806,036 shares of the company’s stock worth $55,245,000 after acquiring an additional 380,391 shares in the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Macro relief: easing Iran headlines and a sharp drop in oil helped travel and leisure stocks rebound, reducing near‑term fuel-cost risk for Carnival and supporting margins — a primary reason for the intraday rally. Why Norwegian and Other Cruise Stocks Are Rallying
• Positive Sentiment: Institutional buying and positioning: recent reports highlight net inflows/positioning into CCL, which can amplify short-term upside as funds rotate back into travel names. S&P 500: Carnival Corporation Gains on Institutional Buying
• Positive Sentiment: Analyst interest remains constructive: multiple firms maintain buy/overweight ratings and recent price‑target activity (including a lower but still “positive” Susquehanna target) keeps Street coverage supportive and provides a base for further upside. Benzinga
• Neutral Sentiment: Corporate restructuring: Carnival plans to voluntarily delist certain senior notes and debentures as part of a unification of its dual‑listed structure — this aims to simplify debt trading/regulation but could have mixed impacts on bond liquidity. Carnival Reshapes Debt Listings
• Neutral Sentiment: Brand/marketing update: Cunard luxury arm announced a celebrity stylist partnership — a positive for brand positioning but unlikely to move near‑term financials materially. Cunard Partnership
• Negative Sentiment: Insider selling and mixed institutional flows: filings show significant insider sales (notably a large sale by Carnival’s CFO) and institutional reallocations that include big portfolio reductions by several funds — these can weigh on sentiment if sustained. Quiver Quantitative
• Negative Sentiment: Ongoing risks: analysts flag fuel-price sensitivity and some lowered profit outlooks for 2026; Carnival’s longer‑term stock performance trails peers, so macro setbacks or another oil spike could quickly reverse gains. Benzinga Fuel Risks

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.