Carnival (CCL) Stock Forecast for 2026: November 16, 2025 Update on Earnings, Debt and Cruise Demand
Updated: November 16, 2025 Snapshot: Where CCL Stands Today Carnival Corporation & plc (NYSE: CCL) is trading around $26.02 per share, leaving the stock roughly 20% below its 52‑week high of $32.80 set in September 2025. MarketWatch+1 Yet despite that pullback, CCL is still up about 21% over the last six months, powered by record results, repeated guidance hikes and a healthier balance sheet. Zacks+2PR Newswire+2 At the same time, cruise demand remains strong into 2026, credit agencies are upgrading Carnival’s debt, and Wall Street still sees double‑digit upside – but the stock is also living with macro worries, high (though falling) leverage and