Carnival Corporation Ltd. (CCL) Stock Price & Analysis
Carnival Corporation Ltd. (CCL) closed at USD 27.08 on Thursday, October 22, 2026, down 0.81% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 27.08; the Oct 22, 2026 session ranged USD 26.76–27.65 on volume of 17,894,644 shares. Market capitalization is —, with a 52-week range of USD 21.45–34.03 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:26 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CCL.md
Latest Earnings Results (CCL)
| Fiscal period | EPS (reported) | Revenue | Released | Source |
|---|---|---|---|---|
| Q3 2026 | $1.43 (adjusted (non-GAAP) diluted) | $8.44B | Sep 29, 2026, 5:16:12 AM ET | SEC 8-K filing |
Reported actuals captured by Nexqual from SEC 8-K filings and company press releases; each figure confirmed by two independent extraction methods.
Key facts (CCL)
- Last four reported quarters (through Aug 31, 2026): revenue $27.6B, net income $3.14B (11.4% margin), free cash flow $3.18B (SEC filings).
- 2 of 80 tracked superinvestors hold CCL (13F, Q2 2026): 2 new, 0 added, 0 reduced, 0 unchanged.
- Total return with dividends: 1Y -6.5% vs S&P 500 +14.9%; 5Y +23.4% vs S&P 500 +80.3%.
- Next earnings: 2026-12-18, EPS estimate USD 0.22, revenue estimate $6.47B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CCL)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.91B | $12.2B | $21.6B | $25.0B | $26.6B | $27.6B |
| Gross profit | -$2.75B | $411M | $7.28B | $9.38B | — | — |
| Operating income | -$7.09B | -$4.38B | $1.96B | $3.57B | $4.48B | $4.41B |
| Net income | -$9.50B | -$6.09B | -$74.0M | $1.92B | $2.76B | $3.14B |
| EPS (diluted) | -$8.46 | -$5.16 | -$0.06 | $1.44 | $2.02 | — |
| Free cash flow | -$7.72B | -$6.61B | $997M | $1.30B | $2.61B | $3.18B |
| Gross margin | -144.0% | 3.4% | 33.7% | 37.5% | — | — |
| Operating margin | -371.5% | -36.0% | 9.1% | 14.3% | 16.8% | 16.0% |
| Net margin | -498.0% | -50.1% | -0.3% | 7.7% | 10.4% | 11.4% |
| Revenue growth | -65.9% | +537.7% | +77.5% | +15.9% | +6.4% | — |
| Cash + short-term investments | $9.40B | $8.60B | $5.40B | — | $1.93B | — |
| Total debt | $33.2B | $35.6B | $31.3B | $28.2B | $27.4B | — |
Fiscal years end Nov. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Aug 31, 2026) (CCL)
P/E at fiscal year-ends: Nov 2025 13.1x, Nov 2024 18.6x.
Superinvestors (SEC 13F-HR, Q2 2026) (CCL)
2 of 80 tracked investors hold CCL. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Sarah Ketterer | Causeway Capital Management | 12.74% | $1.18B | New position |
| Viking Global | Viking Global Investors | 1.16% | $409M | New position |
Analysts (CCL)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-13 | Tigress Financial | Maintained | Buy | $42 |
| 2026-10-01 | Freedom Broker | Target raised | Buy | $35 → $36 |
| 2026-10-01 | Argus Research | Target lowered | Buy | $35 → $30 |
| 2026-10-01 | Wells Fargo | Target lowered | Overweight | $36 → $34 |
| 2026-09-30 | Morgan Stanley | Target raised | Overweight | $31 → $32.5 |
| 2026-09-30 | Susquehanna | Target raised | Positive | $28 → $29 |
| 2026-09-30 | Mizuho | Target lowered | Outperform | $39 → $38 |
| 2026-09-30 | BNP Paribas | Target lowered | Outperform | $33 → $31 |
| 2026-09-24 | JP Morgan | Target lowered | Overweight | $43 → $39 |
| 2026-09-24 | Susquehanna | Target lowered | Positive | $33 → $28 |
| 2026-09-22 | TD Cowen | Target lowered | Buy | $34 → $32 |
| 2026-09-17 | Goldman Sachs | Target lowered | Buy | $35 → $30 |
Total return (dividends reinvested) (CCL)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -6.5% | +23.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -6.6% | +4.3% |
| Volatility (annualized) | 49.1% | 54.5% |
| Max drawdown | -34.9% (Feb 2026→Sep 2026) | -72.7% (Nov 2021→Oct 2022) |
Companies that name CCL in their SEC reports
| Relationship to CCL | Company | Filing | Sentence |
|---|---|---|---|
| partner | ONESPAWORLD HOLDINGS Ltd (OSW) | 10-K Feb 23, 2026 | “A significant portion of our revenue is generated from operating health and wellness centers under long-term contracts with the following cruise line partners, each of which accounted for more than 10% of our total revenues in 2025, 2024 and 2023, respectively: Carnival (including Carnival, Carnival Australia, Costa, Cunard, Holland America, P&O, Princess, and Seabourn cruise lines): 39.6%, 41.2%, and 41.1%, Royal…” |
| supplier | AKAMAI TECHNOLOGIES INC (AKAM) | 10-K Feb 20, 2026 | “Our customers include many of the world's leading corporations, such as adidas, Adobe, Aflac, Airbnb, Asus, Autodesk, Bank of Montreal, Carnival Corporation, Comcast, Commerzbank, Daiwa Institute of Research, eBay, Electronic Arts, Epic Games, Fidelity Investments, Honda, Japan Airlines, Liberty Mutual, Maersk Transportation & Logistics, Marriott, NBCUniversal, Panasonic, Panera Bread, Paramount Global, Philips, R…” |
CCL analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Nov 2026) | $0.22 | $0.28 | -19.0% | $6.47B | 23 |
| Next quarter (ends Feb 2027) | $0.12 | $0.19 | -39.0% | $6.27B | 12 |
| Current fiscal year (ends Nov 2026) | $2.26 | $2.24 | +0.9% | $27.74B | 27 |
| Next fiscal year (ends Nov 2027) | $2.57 | $2.63 | -2.2% | $28.60B | 28 |
Key Statistics (as of October 23, 2026 at 09:26 UTC)
| Price | USD 27.08 |
|---|---|
| Change | ▼ 0.81% (down) |
| Previous Close | USD 27.08 |
| Open | USD 27.08 |
| Day Range | USD 26.76 – 27.65 |
| 52-Week Range | USD 21.45 – 34.03 |
| Volume | 17,894,644 shares |
| Market Cap | — |
| Exchange | NYQ |
Technical Analysis (CCL)
Nexqual's technical model rates CCL "STRONG BUY" based on 5 bullish and 0 bearish signals across 127 daily candles, as of October 23, 2026 at 09:26 UTC.
| Overall Signal | STRONG BUY |
|---|---|
| RSI (14) | 63.23 (neutral) |
| vs SMA50 | Above (USD 24.79) |
| MACD | 0.76 (positive) |
Earnings (CCL)
| Next Earnings Date | 2026-12-18 |
|---|---|
| EPS Estimate | USD 0.22 |
| Revenue Estimate | $6.47B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-08-31 | USD 1.43 vs est 1.35 ▲ beat |
| 2026-05-31 | USD 0.41 vs est 0.34 ▲ beat |
| 2026-02-28 | USD 0.2 vs est 0.18 ▲ beat |
| 2025-11-30 | USD 0.34 vs est 0.25 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Financials & Fundamentals (CCL)
| Total Revenue | $27.59B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +3.50% |
| Gross Margin | +55.38% |
| Operating Margin | +26.43% |
| Profit Margin | +11.37% |
| ROE | +24.00% |
| Debt / Equity | 1.77 |
| Current Ratio | 0.27 |
| Total Cash | $1.22B |
| Total Debt | $25.16B |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Ownership (CCL)
| Insider Ownership | +7.24% |
|---|---|
| Institutional Ownership | +72.80% |
| Shares Outstanding | 1.34B |
| Float | 1.25B |
| Short % of Float | +3.28% |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| EXPE | Expedia Group, Inc. | USD 298.49 | ▲ 4.5% |
| VIK | Viking Holdings Ltd | USD 85 | ▼ 1.96% |
| TCOM | Trip.com Group Limited | USD 39.57 | ▲ 0.66% |
| RCL | Royal Caribbean Cruises Ltd. | USD 286.13 | ▼ 0.8% |
| ABNB | Airbnb, Inc. | USD 175.76 | ▲ 1.19% |
| BKNG | Booking Holdings Inc. Common St | USD 161.1 | ▲ 1.72% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:26 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt