Carnival Corporation Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for Carnival Corporation stock have an average target of 36.15, with a low estimate of 22 and a high estimate of 45. The average target predicts an increase of 40.22% from the current stock price of 25.78.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$22	$36.15	$38	$45
Change	-14.66%	+40.22%	+47.40%	+74.55%

Analyst Ratings

The average analyst rating for Carnival Corporation stock from 20 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	8	8	9	9	9	9
Buy	7	8	7	6	6	6
Hold	4	4	4	5	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	20	20	20	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Trey Bowers Wells Fargo	Wells Fargo	Buy Maintains $38 → $40	Buy	Maintains	$38 → $40	+55.16%	Mar 5, 2026
Patrick Scholes Truist Securities	Truist Securities	Hold Maintains $31 → $34	Hold	Maintains	$31 → $34	+31.89%	Jan 22, 2026
Kevin Kopelman TD Cowen	TD Cowen	Strong Buy Maintains $35 → $38	Strong Buy	Maintains	$35 → $38	+47.40%	Jan 13, 2026
Robin Farley UBS	UBS	Strong Buy Maintains $37 → $38	Strong Buy	Maintains	$37 → $38	+47.40%	Jan 12, 2026
Nicholas Thomas B of A Securities	B of A Securities	Strong Buy Maintains $40 → $45	Strong Buy	Maintains	$40 → $45	+74.55%	Jan 12, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

28.14B

from 26.62B

5.68%

from 26.62B

Revenue Next Year

29.17B

from 28.14B

3.67%

from 28.14B

EPS This Year

2.58

from 2.02

27.62%

from 2.02

EPS Next Year

2.87

from 2.58

11.35%

from 2.58

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Nov 30, 2021	Nov 30, 2022	Nov 30, 2023	Nov 30, 2024	Nov 30, 2025	Nov 30, 2026	Nov 30, 2027
Revenue	1.91B	12.17B	21.59B	25.02B	26.62B	28.14B	29.17B
Revenue Growth	-65.89%	537.79%	77.44%	15.88%	6.40%	5.68%	3.67%
EPS	-8.46	-5.16	-0.06	1.44	2.02	2.58	2.87
EPS Growth	-	-	-	-	40.51%	27.62%	11.35%
Forward PE	-	-	-	-	-	10.00	8.98
No. Analysts	-	-	-	-	-	29	26

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	29.5B	31.0B
Avg	28.1B	29.2B
Low	26.9B	27.6B

Revenue Growth

Revenue Growth	2026	2027
High	11.0%	10.3%
Avg	5.7%	3.7%
Low	0.9%	-1.8%

EPS Forecast

EPS	2026	2027
High	2.82	3.18
Avg	2.58	2.87
Low	2.43	2.65

EPS Growth

EPS Growth	2026	2027
High	39.9%	23.4%
Avg	27.6%	11.3%
Low	20.4%	2.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.