Insider buying last 90 days
No open-market insider purchases were filed for CCL in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every CCL insider filing, plotted on the chart in Gekko.Open CCL in Gekko
NYSE: CCL
Carnival (CCL) Stock Analysis & Forecast
$21.84−0.33 (−1.5%)
Close on Sep 18, 2026. Page updated Sep 19, 9:17 pm ET.
Gekko Brief
AI summaryCarnival (CCL) closes at $21.84, down 1.5%, sitting below both its 50-day average of $25.88 and 200-day average of $27.64, with the stock at a 52-week low of $21.81. The GekkoIndex reads 71.7, placing it in the Buying zone, while the price sits 26.6% below Gekko Fair Value of $29.74.
This week's headlines center on analyst target cuts amid yield and pricing concerns. Goldman Sachs lowered its price target on Carnival to $30 from $35 while maintaining a Buy rating, citing concerns about future yield and increased discounting, alongside higher oil prices and potential demand weakness. Wells Fargo also trimmed its target on Carnival while covering Caribbean pricing pressure across the cruise sector, a move that coincided with declines in peers Norwegian and Royal Caribbean. Separately, Deutsche Bank was noted as the latest firm to cool on Carnival in the near term, even as the company has posted 12 consecutive earnings beats.
Carnival reports third-quarter earnings on 29 September 2026, nine days away and inside a typical 20-trading-day holding window. Its prior quarter showed EPS of $0.41 against a $0.35 estimate, with a -4.2% reaction, and the company has beaten estimates in 7 of the last 8 quarters, with an average absolute reaction of 5.1%. Seasonally, the next 20 trading days have averaged -8.2% over 5 years, rising in only 1 of those years. Analyst coverage across 18 firms shows 14 Buy and 4 Hold ratings, with a consensus target of $35.30.
Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.
Price vs fair value
Close $21.84200-day averageGekko Fair Value $29.74
Key stats
- Market cap
- $29.91B
- P/E ratio
- 10.2
- Forward P/E
- 8.8
- EPS, TTM
- $2.22
- Revenue, TTM
- $27.31B
- Profit margin
- 11.2%
- Dividend yield
- 1.32%
- Beta
- 2.31
- Volume
- 27.08M avg 20.19M
- 1-year return
- −30.0%
- Typical daily move
- ±3%
- Typical 20-day move
- ±10.8%
- 50-day average
- $25.88
- 200-day average
- $27.64
- Next earnings
- Sep 29
- Shares outstanding
- 1.37B
Carnival swing-trade checklist
Carnival scores 2 supportive, 0 mixed and 3 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
2 supportive0 mixed3 headwinds
- Trendheadwind
Below 50 and 200-day
Close $21.84 is below the 50-day ($25.88) and 200-day ($27.64) averages, and the 50-day is below the 200-day.
See the chart - GekkoIndexsupportive
71.7, Buying
Reading 71.7 is in the Buying zone.
See the GekkoIndex - Fair valuesupportive
26.6% below
Price is 26.6% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports in 9 days
Reports on Sep 29, 2026, 9 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalityheadwind
−8.2% on average
From this point in the calendar, the next 20 trading days averaged −8.2% over 5 years, rising in 1 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Carnival stock chart and price history
Carnival closed at $21.84 on Sep 18, 2026, −30.0% over the past year, inside a 52-week range of $21.81 to $34.03.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −18.2%
- 3 months
- −29.3%
- 6 months
- −12.4%
- 1 year
- −30.0%
The full CCL chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open CCL in Gekko
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About Carnival
Carnival sells ocean cruise vacations, with ships calling at nearly 700 ports across the globe. The company works through a collection of brands, among them Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard, a lineup that has become closely tied to its identity in the cruise business.
Beyond running its ships, the company earns revenue from port operations and other supporting services, and it also owns or manages hotels, lodges, glass-domed railcars, and motor coaches. People book trips through travel agents, tour operators, vacation planners, or its own online channels, and the company reaches travelers in the United States, Canada, continental Europe, the United Kingdom, Australia, New Zealand, Asia, and beyond. Across its brands, it operates 87 vessels able to carry 223,000 guests in lower berths.
Carnival traces back to 1972 and is based in Miami, Florida. Its stock trades on the NYSE under the ticker CCL.
- Listed
- NYSE
- Sector
- Consumer services
- Industry
- Hotels/Resorts/Cruise lines
- Website
- carnivalcorp.com
Carnival GekkoIndex: the smart money zone
Carnival’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 71.7, in the Buying zone, down 0.8 points over five sessions.
71.7Buying
Down 0.8 points over five sessions.
Reading for Sep 18, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying (current zone) | 40 | +1.2% | +1.6% | ||
| Accumulation | 206 | −0.3% | +5.2% | ||
| Neutral | 366 | +0.8% | +0.1% | ||
| Distribution | 49 | −0.2% | +5.0% | ||
| Selling | 1 | Too few readings yet | |||
Average CCL share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Buying readings averaged +3.2% over 20 days. Past behaviour doesn’t guarantee future results.
Buying zone: Smart money likely accumulating heavily. About the five zones →
See every daily GekkoIndex reading plotted over the CCL price, zone by zone.Track CCL in Gekko
Is Carnival stock overvalued? Gekko Fair Value
Carnival trades 26.6% below Gekko Fair Value of $29.74, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Carnival shares are worth, recalculated every trading day.
$29.74
Gekko Fair Value, Sep 16, 2026
26.6% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open CCL in Gekko
Carnival insider and Congress trading
No open-market insider purchases were filed for Carnival, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in CCL were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for CCL, plotted on the chart in Gekko.Open CCL in Gekko
Buybacks
Carnival has been buying back its own shares.
- Bought back, quarter ended May 31, 2023
- $20.00M
- As a share of market cap
- 0.07%
From company filings.
Hedge funds and billionaires quarter ended Jun 30
1of the funds Gekko tracks holds CCL.
1added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko
Carnival earnings: next date and track record
Carnival reports on Sep 29, 2026 (9 days away), and beat the EPS estimate in 7 of its last 8 reports.
Next earnings report
Sep 29, 2026
9 days away
- EPS estimate
- $1.36
- Revenue estimate
- $8.40B
7 of 8reports beat the EPS estimate
±5.1%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jun 23, 2026 AI summary
- What they said
- Carnival reported a strong Q2 2026 with record revenues, yields, EBITDA, net income ($569M) and customer deposits ($9B), outperforming March guidance by $100M. Management attributed outperformance to resilient demand, robust onboard spending, and intensified cost management (flat cruise costs ex-fuel, ~250 bps better than guidance) plus fuel-efficiency gains. They acknowledged significant near-term headwinds from prolonged geopolitical conflict affecting European deployments, elevated airfares, and reduced international flight capacity for North American guests, which drove a 100 bps reduction in full-year yield guidance concentrated in Europe. Management emphasized the temporal nature of these headwinds, confidence in the long-term PROPEL plan, ongoing modernization and refit programs with high-teen ROI expectations, and structural cost savings that should benefit future years. They discussed Celebration Key and other destination investments, share buybacks (initial $2.5B authorization, opportunistic repurchases) and a new dividend (board-driven, potential moderate increases).
- Guidance
- Management reduced full-year yield guidance by ~100 bps (impact concentrated in European deployments). They provided net cruise cost ex-fuel guidance for the year of approximately 2% to 3% (coming in ~100 bps better than initial forecast) and indicated $0.06 per share of cost improvement flowing into full-year guidance. For 2027, management declined to provide formal guidance but noted 2027 bookings at historical highs for price and occupancy and that the loyalty program will reduce year-over-year yields by ~0.4 percentage point for the full year.
- Risks flagged
- Key risks mentioned include prolonged geopolitical conflict (Middle East) that can disrupt itineraries, elevated fuel prices and elevated airfares, reduced international flight capacity impacting North American guest travel, potential for renewed headwinds if conflict reignites, and uncertainty regarding timing and magnitude of demand normalization. They also noted capacity growth in the industry (e.g., 27% capacity increase over two years outside Carnival) as a competitive factor.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jun 23, 2026 | $0.41 est $0.35 | $6.66B est $6.69B | −4.2% |
| Mar 27, 2026 | $0.20 est $0.18 | $6.17B est $6.14B | −5.2% |
| Dec 19, 2025 | $0.34 est $0.25 | — | +13.6% |
| Sep 29, 2025 | $1.43 est $1.32 | $8.15B est $8.10B | −5.6% |
| Jun 24, 2025 | $0.35 est $0.25 | $6.33B est $6.21B | +6.0% |
| Mar 21, 2025 | −$0.06 est $0.02 | $5.81B est $5.75B | +1.1% |
| Dec 20, 2024 | $0.14 est $0.07 | $5.94B est $5.94B | +2.2% |
| Sep 30, 2024 | $1.27 est $1.15 | $7.90B est $7.83B | −2.8% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Carnival stock forecast and analyst price targets
Analysts’ average 12-month price target for Carnival is $35.30, +61.6% from the last close, from 18 firms rating the stock in the last 90 days.
$35.30consensus 12-month target, +61.6% from the last close
Now $21.84Avg $35.30
Low $29High $42
Each firm’s latest rating in the last 90 days: 18 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 17 | Goldman Sachs | $30 | +37.4% |
| Sep 17 | William Blair | — | — |
| Sep 16 | Barclays | $33 | +51.1% |
| Sep 16 | Stifel Nicolaus | $35 | +60.3% |
| Sep 15 | Deutsche Bank | $29 | +32.8% |
+1.6%average 20-day move after past Buying readings
−8.2%average move over the next 20 trading days in the last 5 years
±3%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Carnival seasonality: the next 20 trading days
Over the next 20 trading days from Sep 19, Carnival averaged −8.2% across the last 5 years, rising in 1 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −2.8% | 2 of 5 |
| Next 10 trading days | −10.6% | 1 of 5 |
| Next 15 trading days | −10.4% | 2 of 5 |
| Next 20 trading days | −8.2% | 1 of 5 |
| Next 30 trading days | −5.1% | 1 of 5 |
For scale, CCL’s typical 20-trading-day move in either direction is about 10.8%.
Carnival market cap and key statistics
Carnival’s market cap is $29.91B, with a P/E ratio of 10.2 and revenue of $27.31B over the last twelve months.
Valuation
- Market cap
- $29.91B
- P/E ratio
- 10.2
- Forward P/E
- 8.8
- EPS, TTM
- $2.22
- Gekko Fair Value
- $29.74
Trading
- Volume
- 27.08M
- Avg volume, 20 days
- 20.19M
- 52-week high
- $34.03
- 52-week low
- $21.81
- Shares outstanding
- 1.37B
Financials
- Revenue, TTM
- $27.31B
- Profit margin
- 11.2%
- Return on equity
- 26.7%
- Quarterly earnings growth, YoY
- −6.5%
Risk and income
- Beta
- 2.31
- Typical daily move
- ±3%
- Typical 20-day move
- ±10.8%
- Dividend yield
- 1.32%
Carnival stock news this week
Coverage of Carnival this week reads negative: 1 positive, 1 neutral and 3 negative headlines.
- Carnival Corp stock hits 52-week low at 21.93 USD By Investing.comInvesting.com Nigeria, Sep 18
- Carnival (NYSE:CCL) - AktienanalyseSimply Wall Street, Sep 17
- Goldman Sachs cuts Carnival stock price target on yield concerns By Investing.comInvesting.com Australia, Sep 17
- Goldman Sachs cuts Carnival stock price target on yield concernsInvesting.com India, Sep 17
- Why Carnival (CCL) Dipped More Than Broader Market TodayZacks Investment Research, Sep 15
- Norwegian Falls 3% as Wells Fargo Trims Carnival Target on Caribbean Pricing Pressure; Carnival Slips, Royal Caribbean Dips24/7 Wall Street, Sep 15
Carnival peers
Carnival’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| ABNBAirbnb | Accumulation | 7.3% above |
| MARMarriott International | Accumulation | 16.3% above |
| HLTHilton Worldwide | Accumulation | 13.8% above |
| RCLRoyal Caribbean Cruises | Buying | 21.3% below |
| VIKViking | Accumulation | 17.2% below |
| HHyatt Hotels | Buying | 35.5% below |
A peer links to its own page where one exists.
Carnival stock FAQ
What is Carnival’s market cap?
Carnival’s market cap is $29.91B at the Sep 18, 2026 close of $21.84, with 1.37B shares outstanding. The shares trade on a P/E ratio of 10.2.
What is the Carnival stock forecast?
The consensus analyst 12-month price target for Carnival is $35.30, +61.6% from the last close. Of the 18 firms that rated the stock in the last 90 days, 14 rate it a buy, 4 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Carnival stock overvalued or undervalued?
On Gekko’s estimate Carnival is undervalued: the Sep 18, 2026 close of $21.84 is 26.6% below Gekko Fair Value of $29.74. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Carnival report earnings next?
Carnival is expected to report on Sep 29, 2026 (9 days away). Analysts expect earnings of $1.36 per share on revenue of $8.40B. Carnival beat the earnings estimate in 7 of its last 8 reports, moving 5.1% on average across the report.
What is Carnival’s 52-week high and low?
Carnival’s 52-week high is $34.03 and its 52-week low is $21.81; it closed at $21.84 on Sep 18, 2026, −30.0% over the past year.
Is Carnival stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and fair value) and 3 as headwinds (trend, earnings risk and seasonality). The checklist is a description of current data, not a recommendation.
How this page works
Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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