Barclays analyst Brandt Montour has revised the price target for Carnival Corporation (CCL, Financial), reducing it from $32 to $26. Despite this adjustment, Montour maintains an Overweight rating on the cruise line operator's stock. This update comes ahead of the company's first-quarter earnings announcement.
The analyst anticipates that Carnival will report robust first-quarter results. Montour notes a solid booking position, which is expected to support the company's guidance in light of fluctuating fuel prices and currency exchange rates. However, Montour expresses caution over projections for 2026, indicating potential risks to long-term financial estimates.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Carnival Corp (CCL, Financial) is $28.20 with a high estimate of $34.00 and a low estimate of $14.00. The average target implies an upside of 63.56% from the current price of $17.24. More detailed estimate data can be found on the Carnival Corp (CCL) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, Carnival Corp's (CCL, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Carnival Corp (CCL, Financial) in one year is $22.00, suggesting a upside of 27.61% from the current price of $17.24. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Carnival Corp (CCL) Summary page.
