Carnival Corp (CCL) Stock Sets Sail: Record Earnings, Rising Demand & What’s Next for 2025-26
Carnival Corporation shares fell about 7% to $26.50 in early trading Nov. 4 after closing at $28.71, near the top of its 52-week range. The company reported record Q3 net income of $1.9 billion and raised full-year profit guidance by 55%. Analysts maintain a “Moderate Buy” consensus, with a 12-month price target near $33. Carnival’s total debt dropped to $27 billion, with further reductions expected by 2026.