UBS Group Cuts Carnival (NYSE:CCL) Price Target to $35.00

Carnival (NYSE:CCL) had its price target cut by equities research analysts at UBS Group from $38.00 to $35.00 in a report released on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. UBS Group’s price objective points to a potential upside of 26.10% from the stock’s previous close.

CCL has been the topic of several other reports. The Goldman Sachs Group reduced their target price on Carnival from $34.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, March 11th. Mizuho boosted their target price on Carnival from $38.00 to $39.00 and gave the stock an “outperform” rating in a report on Friday, March 27th. Stifel Nicolaus reduced their target price on Carnival from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, March 11th. William Blair reissued an “outperform” rating on shares of Carnival in a report on Tuesday, March 3rd. Finally, Bank of America boosted their target price on Carnival from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Twenty-one investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $34.04.

Carnival Stock Performance

CCL traded down $0.23 on Monday, hitting $27.76. 19,741,131 shares of the stock traded hands, compared to its average volume of 24,681,719. Carnival has a 52 week low of $17.05 and a 52 week high of $34.03. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 1.82. The firm has a market capitalization of $34.39 billion, a PE ratio of 12.34, a P/E/G ratio of 1.23 and a beta of 2.48. The business has a fifty day moving average price of $28.42 and a two-hundred day moving average price of $28.47.

Carnival (NYSE:CCL) last released its quarterly earnings data on Friday, March 27th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.02. Carnival had a return on equity of 26.92% and a net margin of 11.48%.The company had revenue of $6.17 billion for the quarter, compared to analyst estimates of $6.13 billion. During the same period in the prior year, the company posted $0.13 EPS. The company’s revenue was up 6.1% compared to the same quarter last year. On average, research analysts predict that Carnival will post 1.77 EPS for the current fiscal year.

Insider Transactions at Carnival

In other Carnival news, Director Sir Jonathon Band sold 11,988 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $26.19, for a total transaction of $313,965.72. Following the transaction, the director owned 52,601 shares of the company’s stock, valued at approximately $1,377,620.19. This represents a 18.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 7.90% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in CCL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Carnival by 5.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 112,167 shares of the company’s stock valued at $2,191,000 after purchasing an additional 5,435 shares during the period. Great Lakes Advisors LLC acquired a new position in shares of Carnival in the 1st quarter valued at $228,000. Empowered Funds LLC lifted its stake in shares of Carnival by 61.6% in the 1st quarter. Empowered Funds LLC now owns 30,437 shares of the company’s stock valued at $594,000 after purchasing an additional 11,601 shares during the period. Woodline Partners LP lifted its stake in shares of Carnival by 41.9% in the 1st quarter. Woodline Partners LP now owns 88,522 shares of the company’s stock valued at $1,729,000 after purchasing an additional 26,141 shares during the period. Finally, Baird Financial Group Inc. increased its position in shares of Carnival by 57.0% in the 2nd quarter. Baird Financial Group Inc. now owns 64,720 shares of the company’s stock valued at $1,820,000 after buying an additional 23,484 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Key Headlines Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Record 2026 bookings and rising onboard spending point to strong demand recovery and revenue upside, supporting longer-term earnings improvement. Read More.
• Positive Sentiment: Wall Street maintains multiple buy/overweight ratings and a median price target (~$35), which can underpin investor confidence and limit downside from short-term shocks. Read More.
• Neutral Sentiment: Today’s pullback is partly a technical/positioning move after a strong rally earlier this year; sector rotation and profit-taking are cited as drivers independent of a broad-market selloff. Read More.
• Neutral Sentiment: Recent analyst commentary and media coverage are fueling debate (buy ratings vs. short-term headwinds); these narratives can amplify intraday moves but don’t necessarily change fundamentals. Read More.
• Negative Sentiment: Crude oil has rebounded above $100/bbl amid geopolitical shipping tensions, reviving worries about higher bunker fuel costs that can compress cruise margins unless fares or hedges fully offset the rise. Read More.
• Negative Sentiment: Carnival flagged a roughly $500M fuel headwind and uneven trends in Europe that could limit near-term upside to margins and guidance. That vulnerability makes the stock sensitive to oil and macro headlines. Read More.
• Negative Sentiment: Notable insider sales and recent institutional position reductions have been reported, which can add selling pressure and influence perceptions of near-term conviction. Read More.
• Negative Sentiment: A recent research note flagged a negative near-term outlook for the upcoming quarter, adding to short-term caution among traders. Read More.

Carnival Company Profile

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.