Carnival Corporation Stock (CCL) News: Dividend Returns, 2026 Outlook, Analyst Price Targets and Key Risks (Updated Dec. 20, 2025)
Carnival shares jumped nearly 10% Friday, closing at $31.12 after the company reinstated its quarterly dividend and issued strong profit guidance for 2026. The cruise operator reported record annual revenue of $26.6 billion and adjusted net income of $3.1 billion for 2025. Fourth-quarter net income reached $422 million. Carnival also announced a plan to streamline its dual-listed structure.