Carnival (CCL, Financial) saw its stock climb 6% to reach $25.47 after reporting second-quarter earnings that surpassed expectations. The company also provided an optimistic outlook by raising its earnings per share guidance for fiscal year 2025. These developments have boosted investor confidence, as the financial results demonstrated strong performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for Carnival Corp (CCL, Financial) is $28.46 with a high estimate of $34.00 and a low estimate of $21.00. The average target implies an upside of 13.78% from the current price of $25.01. More detailed estimate data can be found on the Carnival Corp (CCL) Forecast page.
Based on the consensus recommendation from 27 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 $22.14, suggesting a downside of 11.48% from the current price of $25.01. 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.
