Key facts, as of
As of September 29, 2026, Carnival Corporation (CCL) trades at $25.11, down 14.6% over the past year. Its 52-week range runs from $21.45 to $34.03; the price is 26.2% below that high. It sits 8.8% below its 200-day average of $27.52, the usual sign of a long-term downtrend. Its 30-day volatility is 53.1% annualized, which we rate very high risk. It has a trailing P/E of 11.3 and a dividend yield of 2.03%.
Cite: Portfolio Terminal, "Carnival Corporation (CCL) stock analysis", 2026-09-29. https://portfolio-terminal.com/analyse/ccl
Where it trades today
trading 29% of the way up its 52-week range
How the price has moved
What to weigh before acting
What Matters Now
- Demand sensitivity, pricing power, and how exposed the business is to macro slowdowns matter more than headline growth alone.
- CCL trades at 11.3x earnings versus 20.0x for the sector, which means the rerating case depends on proving the discount is too harsh.
- Recent realized volatility is running around 53.1%, above the sector norm of 26.0%, so position sizing matters more than usual.
- CCL is in a bullish short-term regime and only 26.2% below its 52-week high, so the question is whether fundamentals can keep pace with that stronger tape.
Portfolio Use Case
- CCL is more relevant for investors who want some income support alongside price appreciation, not just pure growth exposure.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- It is best monitored alongside valuation discipline, because strong narratives in consumer cyclical can stay expensive longer than expected.
What Would Change the View
- If the short-term trend rolls over while volume fades, the market may stop paying up for momentum before the fundamentals change.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
- The view would need revisiting if peers such as AMZN, TSLA, HD start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for CCL come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Consumer Cyclical so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as AMZN, TSLA, HD.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for CCL. Last refresh: Sep 29, 2026, 10:33 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as AMZN, TSLA, HD.
What Carnival Corporation does
Carnival Corporation Ltd., a cruise company, provides leisure travel services. The company operates through four segments: North America Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations and islands, as well as owns and operates hotels, lodges, glass-domed railcars, and motorcoaches. The company offers its services under the AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises, and Seabourn brands. It sells its cruises through travel agents, tour operators, vacation planners, websites, and onboard future cruise consultants. Carnival Corporation…
What analysts expect
CCL carries a buy consensus from 26 analysts, with an average price target of $34.03 versus $25.11 today (+35.5%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
CCL generated $27.31B in trailing revenue (5.3% year over year), with a 11.2% net margin, and $1.90B of free cash flow, against $23.93B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $26.62B | $10.67B | $4.48B | $2.76B | $2.10 | $2.61B |
| 2024 | $25.02B | $9.38B | $3.57B | $1.92B | $1.50 | $1.30B |
| 2023 | $21.59B | $7.28B | $1.96B | -$74.00M | -$0.06 | $997.00M |
| 2022 | $12.17B | $412.00M | -$4.38B | -$6.09B | -$5.16 | -$6.61B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
How it sits in consumer cyclical
Discretionary spending sector sensitive to economic cycles, including retail and automotive.
The companies it competes with
CCL beside the consumer cyclical names it is usually measured against.
AMZNAmazon.com Inc.$246.67$2.66TWhat the chart is saying
In a downtrend, with $23.53 the next floor.
downtrend- Price is 0.8% below its 50-day average and 8.8% below its 200-day.
- RSI at 62 is neither stretched nor washed out.
- The nearest ceiling is $27.49 (+9.5%), the nearest floor $23.53 (-6.3%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is CCL a good buy right now?
Carnival Corporation trades at 11.3x earnings. This is below market average, potentially undervalued. Current risk level is Very High based on 53.1% volatility.
Does CCL pay dividends?
Yes, Carnival Corporation offers a dividend yield of 2.03%. That is roughly $0.51 per share a year.
How volatile is CCL?
With 30-day annualized volatility of 53.1% and beta of 2.31, CCL is classified as Very High risk. Expect larger swings than the broader market during volatile periods.
What is the analyst price target for CCL?
The average analyst price target for Carnival Corporation (CCL) is $34.03 based on 26 analyst estimates, about 35.5% above the current price of $25.11. The published range runs from $28.00 to $43.00.
How much revenue does CCL generate?
Carnival Corporation reported $27.31B in trailing twelve-month revenue. Revenue growth is running at 5.3% year over year. Net margin sits at 11.2%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare CCL with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.