Carnival Corporation & plc (CCL) Stock: Price, Forecast & Analyst Target
Carnival Corporation & plc (CCL) — MoonshotScore 61/100 (Fair band), calculated Oct 5, 2026. Price $25.59 (-0.64%), as of the Oct 5, 2026 trading session; market cap $35.1B. Expected results Dec 18, 2026.
Listing-status flag — 8-K Item 3.01, filed May 7, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 28.77× (market value Oct 5, 2026; cash Aug 31, 2026) · expected results Dec 18, 2026
Carnival Corporation & plc · CCL · NYSE · Consumer Cyclical · Travel Services
Research dated 2026-09-12: Carnival sells shipboard vacations and related port and land experiences through a broad brand portfolio, using travel intermediaries and direct online booking to reach passengers worldwide. Its durability now depends on converting recovered demand into cash that can fund fleet investment, dividends, and substantial debt obligations.
Price as of Oct 5, 2026
Key Statistics
MoonshotScore v2 · Carnival Corporation (CCL)
FairWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
High quality and durable growth, but a fragile balance sheet. Business Quality: Solid; Financial Safety: Strained; Valuation: Fair; Growth Durability: Compounding; Momentum: Rising.
- quarterly revenue $6.66B (Q2 FY2026, quarter ended May 2026)
- EPS beat 8 of 8
- Altman Z 1.41 · Piotroski F 6
Holding back: balance-sheet strain
Helping: business quality, durable growth
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 57 | Fair | |
| 56 | Fair | |
| 57 | Fair | |
| 57 | Fair | |
| 60 | Fair | |
| 60 | Fair |
The score was 61 in the stored Oct 4, 2026 snapshot and remains 61 in the current publication computed Oct 5, 2026 (0); the largest pillar moves were Momentum +1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged. This current publication is not yet represented in the immutable snapshot archive.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $25.59 | |
| Change on the day | -0.64% | |
| 52-week range | $21.45 – $34.03 | |
| Market capitalisation | $35.1B | |
| Price / earnings (trailing) | 11.15 | |
| Shares traded on the day | 11.17M | |
| Beta (volatility vs the S&P 500) | 2.31 | |
| Dividends per share (last 12 months) | $0.45 | |
| Dividend yield (last 12 months) | 1.75% |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Listing notice
- · Earnings results · above the recorded estimate
- · Earnings call · management outlook
- · Earnings results · above the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
For the fourth quarter, we now expect year-over-year growth of approximately 1.7%, over 0.75 points above our implied June guidance.
David Bernstein · Statement from
Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsOther perspectives
Council score for Carnival Corporation (CCL): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
5-Factor Breakdown
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Sep 24, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 9, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 9, 2026, the Munger lens read the price at that time as undervalued against its own estimate of value.
Readings on this page are from Oct 5, 2026, except a card that shows its own read date.
Watch the CCL film — every key number, told as a short cinematic story
~2 min · open the film
What is Carnival Corporation (CCL), and what does it report?
Short answer · as of
Carnival is a vessel owner and leisure operator, not merely a travel-booking business. Cruise fares anchor the model, while port services, hotels, lodges, rail transport, motor coaches, and other tour activities capture more of the traveler’s journey across its reporting lines.
Research dated 2026-09-12.
Carnival is a vessel owner and leisure operator, not merely a travel-booking business. Cruise fares anchor the model, while port services, hotels, lodges, rail transport, motor coaches, and other tour activities capture more of the traveler’s journey across its reporting lines.
What do the latest results show for Carnival Corporation (CCL)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $6.66B.
Research dated 2026-09-12.
Sales advanced from the preceding period and the comparable period, while operating profit and net income improved sequentially but remained below the comparable period. Gross profit also declined against that comparison, showing that higher revenue did not translate into stronger profit conversion.
Reported earnings again exceeded consensus even though the latest revenue result came in slightly below expectations. Operating cash flow nevertheless strengthened and remained comfortably above capital expenditure, extending the broader recovery visible in annual revenue and profitability.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $8.44B Aug 31, 2026
- Latest quarter · SG&A
- $834.00M Aug 31, 2026
- Latest quarter · FMP standardized operating result
- $2.22B Aug 31, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Aug 31, 2026 | $8.44B | Not available | $834.00M | $2.22B |
| May 31, 2026 | $6.66B | Not available | $863.00M | $851.00M |
| Feb 28, 2026 | $6.17B | Not available | $924.00M | $607.00M |
| Nov 30, 2025 | $6.33B | Not available | $959.00M | $734.00M |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $8.44B Sep 29, 2026
- Latest report · revenue estimate
- $8.39B Sep 29, 2026
- Latest report · revenue vs estimate
- Above estimate Sep 29, 2026
- Latest report · EPS vs estimate
- Above estimate Sep 29, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Sep 29, 2026 | $8.44B | $8.39B | $1.4300 | $1.3500 |
| Jun 23, 2026 | $6.66B | $6.69B | $0.4100 | $0.3442 |
| Mar 27, 2026 | $6.17B | $6.14B | $0.2000 | $0.1844 |
| Dec 19, 2025 | $6.33B | $6.37B | $0.3400 | $0.2481 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $6.66B | $537M | $0.39 (diluted) |
| Q1 FY2026 | $6.17B | $258M | $0.19 (diluted) |
| Q4 FY2025 | $6.33B | $422M | $0.31 (diluted) |
| Aug 2025 | $8.15B | $1.85B | $1.33 (diluted) |
What are the financial strengths and risks for Carnival Corporation (CCL)?
Short answer
Cash and short-term investments were $1.22B at the Aug 31, 2026 balance-sheet date. Operating cash flow was $1.41B for the quarter ended Aug 31, 2026, meaning operations generated cash. These figures do not establish a cash runway.
Research dated 2026-09-12.
Operating cash flow has exceeded capital expenditure throughout the recent quarterly series, and the cash balance rebounded in the latest period. Carnival has also returned to sustained annual profitability, giving the business internally generated funding for investment and shareholder distributions.
Debt remains far larger than cash, liquidity ratios are thin, and the company carries a substantial net debt position. That structure makes weak voyage demand especially damaging: ships still require investment and financing obligations still consume cash even when revenue and profit conversion soften.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- $1.41B Aug 31, 2026
- Previous quarter · operating cash flow
- $2.63B May 31, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Aug 31, 2026 | $1.41B | −$698.00M |
| May 31, 2026 | $2.63B | −$875.00M |
| Feb 28, 2026 | $1.26B | −$566.00M |
| Nov 30, 2025 | $1.52B | −$1.51B |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at Carnival Corporation (CCL)?
Short answer · as of
The next earnings report is expected on Dec 18, 2026.
Research dated 2026-09-12.
The upcoming release covers a period that has historically produced the strongest revenue and profit in the recent quarterly series. Watch whether gross profit and operating profit recover alongside sales, whether operating cash flow continues to cover capital expenditure, and whether the cash balance rises without additional balance-sheet strain.
Market expectations assume continued revenue expansion over the forecast horizon, making revisions to those expectations as informative as the eventual result. Later filings also deserve scrutiny for follow-through on the continued-listing notice and the related disclosure covering asset disposition, equity, and listing matters.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
For the fourth quarter, we now expect year-over-year growth of approximately 1.7%, over 0.75 points above our implied June guidance.
David Bernstein ·
How does Carnival Corporation compare with its peers?
Short answer
Carnival Corporation's score ranks 6th of 6 in the bounded comparison shown, against 5 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-12.
Carnival belongs beside vessel-owning cruise operators rather than asset-light travel marketplaces. It controls the vacation capacity, distributes it through agencies and direct channels, and surrounds the voyage with port, lodging, rail, coach, and tour activities.
Its breadth also comes from distinct cruise brands serving an international footprint rather than from a uniform fleet sold under a lone consumer identity. That portfolio broadens customer access, but the shared dependence on traveler spending and capital-intensive assets keeps the financial profile tied to cruise demand and cash generation.
| Company | Price | Market value | Score |
|---|---|---|---|
| $107.14 Oct 5, 2026 | $47.2B | 89 5-pillar Oct 5, 2026 | |
| $133.23 Oct 5, 2026 | $37.3B | 78 5-pillar Oct 5, 2026 | |
| $136.97 Oct 5, 2026 | $37.8B | 77 5-pillar Oct 5, 2026 | |
| $36.61 Oct 5, 2026 | $23.8B | 76 5-pillar Oct 5, 2026 | |
| $30.85 Oct 5, 2026 | $39.6B | 67 5-pillar Oct 5, 2026 | |
| Carnival Corporation (CCL) — this page | $25.59 | $35.1B | 61 |
| $81.03 Oct 5, 2026 | $36.0B | — Model unavailable | |
| $260.17 Oct 5, 2026 | $30.1B | — Model unavailable | |
| $38.79 Oct 5, 2026 | $25.2B | — Model unavailable | |
| $275.03 Oct 5, 2026 | $74.5B | — Model unavailable | |
| $164.07 Oct 5, 2026 | $97.4B | — Model unavailable | |
| $158.32 Oct 5, 2026 | $123B | — Model unavailable | |
| $14.87 Oct 5, 2026 | $6.95B | — Model unavailable |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $28.70 – $42.00
- Consensus target
- $33.16
- Median target
- $32.75
Consensus record · Captured .
Measured against a quoted price of $25.59 (as of Oct 5, 2026).
Insider activity
Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Aug 25, 2026
- Transactions
- 45
- Identified insiders
- 15
- Purchases
- 0
- Sales
- 2
- Other transactions
- 43
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
Who holds the shares?
Institutional ownership reported through 13F filings.
- Institutional ownership
- 69.4% Period end Jun 30, 2026
- Previous quarter · ownership
- 63.3% Prior to period end Jun 30, 2026
- Reporting holders
- 1,069 Period end Jun 30, 2026
- Previous quarter · holders
- 1,130 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Blackrock, INC. | 96,304,948 |
| Vanguard Capital Management LLC | 82,678,077 |
| Vanguard Portfolio Management LLC | 62,406,507 |
| State Street Corp | 58,217,260 |
| Causeway Capital Management LLC | 41,190,606 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
What has been published about Carnival Corporation (CCL)?
CCL Consumer Cyclical Stock FAQ
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.
How do Carnival Cruise Line, Princess Cruises, AIDA Cruises, and Cunard fit together?
They operate within Carnival’s brand portfolio, giving the company varied identities and routes across its international cruise network while sharing the economics of a vessel-owning parent.
Why can Carnival revenue rise while gross profit falls?
The latest comparable-period result showed exactly that pattern: sales increased while gross profit and operating profit declined. Revenue growth therefore needs to be judged alongside cost absorption and profit conversion.
Can Carnival operating cash flow carry fleet spending and debt?
Recent operating cash flow has covered capital expenditure across the periods shown, which is a meaningful strength. Cash remains small beside total debt, so sustained surplus generation is still central to balance-sheet repair.
Why does Carnival sell through travel agencies as well as its own online channels?
Bookings arrive through agencies, tour operators, vacation planners, and Carnival’s direct online channels across a broad international footprint. Passenger demand therefore reaches the fleet through a mixed distribution network rather than direct website traffic alone.
What is the CCL stock price today?
The last price recorded on this page for Carnival Corporation & plc (CCL) is $25.59, as of the Oct 5, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the CCL price target?
The analyst consensus price target for Carnival Corporation & plc (CCL) is $33.16 (range $28.70 to $42.00, median $32.75), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
Does CCL pay a dividend?
Yes. Carnival Corporation & plc (CCL) shows a trailing 12-month dividend yield of 1.75%, as of Oct 2, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (82 figures)
The 82 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 3 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
list.rule_notice | Listing-status notice (8-K Item 3.01) | 8-K Item 3.01, filed May 7, 2026 | OFFICIAL | SEC EDGAR — Form 8-K, Item 3.01 — Item 3.01 covers both continued-listing notices and voluntary transfers between exchanges; the filing states which applies and any cure terms. | |
prod.outlook | Management outlook — call excerpts | David Bernstein (Sep 29, 2026): For the fourth quarter, we now expect year-over-year growth of approximately 1.7%, over 0.75 points above our implied June guidance. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | Miami, FL | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "3655 N.W. 87th Avenue, Miami, FL, 33178-2428, US". |
FMP — 69 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Dec 18, 2026 | FMP | Financial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it. | |
px.last | Latest provided price | $25.59 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T17:34:45.637Z. | |
px.change | Change on the day | -0.64% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $35.1B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-05. FMP quote timestamp: 2026-10-05T17:34:38.000Z. Captured from FMP at 2026-10-05T17:34:41.422Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | −$0.165 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q2 FY2026 | $6.66B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.pe | Price / earnings (trailing) | 11.15 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 11.17M | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 2.31 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Joshua Ian Weinstein | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 160,000 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2021 through FY2025: FY2021 revenue $1.91B, net result −$9.50B; FY2022 revenue $12.17B, net result −$6.09B; FY2023 revenue $21.59B, net result −$74.00M; FY2024 revenue $25.02B, net result $1.92B; FY2025 revenue $26.62B, net result $2.76B | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | Cruise $9.20B · Tour And Other $17.42B | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | 34.2% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-08-31.revenue_k | Revenue — period end 2026-08-31 | $8.44B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-08-31.sga_k | SG&A — period end 2026-08-31 | $834.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-08-31.operating_result_k | FMP standardized operating result — period end 2026-08-31 | $2.22B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-05-31.revenue_k | Revenue — period end 2026-05-31 | $6.66B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-05-31.sga_k | SG&A — period end 2026-05-31 | $863.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-05-31.operating_result_k | FMP standardized operating result — period end 2026-05-31 | $851.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-02-28.revenue_k | Revenue — period end 2026-02-28 | $6.17B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-02-28.sga_k | SG&A — period end 2026-02-28 | $924.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-02-28.operating_result_k | FMP standardized operating result — period end 2026-02-28 | $607.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-11-30.revenue_k | Revenue — period end 2025-11-30 | $6.33B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-11-30.sga_k | SG&A — period end 2025-11-30 | $959.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-11-30.operating_result_k | FMP standardized operating result — period end 2025-11-30 | $734.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-09-29.revenue_actual | Revenue · reported — report date 2026-09-29 | $8.44B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-09-29.revenue_estimated | Revenue · estimate — report date 2026-09-29 | $8.39B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-09-29.eps_actual | EPS · reported — report date 2026-09-29 | $1.4300 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-09-29.eps_estimated | EPS · estimate — report date 2026-09-29 | $1.3500 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-06-23.revenue_actual | Revenue · reported — report date 2026-06-23 | $6.66B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-06-23.revenue_estimated | Revenue · estimate — report date 2026-06-23 | $6.69B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-06-23.eps_actual | EPS · reported — report date 2026-06-23 | $0.4100 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-06-23.eps_estimated | EPS · estimate — report date 2026-06-23 | $0.3442 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-27.revenue_actual | Revenue · reported — report date 2026-03-27 | $6.17B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-27.revenue_estimated | Revenue · estimate — report date 2026-03-27 | $6.14B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-27.eps_actual | EPS · reported — report date 2026-03-27 | $0.2000 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-03-27.eps_estimated | EPS · estimate — report date 2026-03-27 | $0.1844 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-19.revenue_actual | Revenue · reported — report date 2025-12-19 | $6.33B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-19.revenue_estimated | Revenue · estimate — report date 2025-12-19 | $6.37B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-19.eps_actual | EPS · reported — report date 2025-12-19 | $0.3400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-12-19.eps_estimated | EPS · estimate — report date 2025-12-19 | $0.2481 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $1.22B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | $1.41B | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-08-31. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $0.00 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $25.16B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 2.47× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-08-31.operating_cash_flow_m | Operating cash flow — period end 2026-08-31 | $1.41B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-05-31.operating_cash_flow_m | Operating cash flow — period end 2026-05-31 | $2.63B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-08-31.capex_m | Capital expenditure (reported) — period end 2026-08-31 | −$698.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-05-31.capex_m | Capital expenditure (reported) — period end 2026-05-31 | −$875.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-02-28.operating_cash_flow_m | Operating cash flow — period end 2026-02-28 | $1.26B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-02-28.capex_m | Capital expenditure (reported) — period end 2026-02-28 | −$566.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-11-30.operating_cash_flow_m | Operating cash flow — period end 2025-11-30 | $1.52B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-11-30.capex_m | Capital expenditure (reported) — period end 2025-11-30 | −$1.51B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $28.70 – $42.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $33.16 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $32.75 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
own.insiders | Insider transactions via FMP | 45 transactions · 0 purchases, 2 sales, 43 other transactions · 15 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Aug 25, 2026 | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. | |
own.institutions.depth.ownership_pct | Institutional ownership | 69.4% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.ownership_pct_previous_quarter | Previous quarter · ownership | 63.3% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.institutions.depth.holders | Reporting holders | 1,069 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 1,130 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Blackrock, INC. — shares in provider snapshot | 96,304,948 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | Vanguard Capital Management LLC — shares in provider snapshot | 82,678,077 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | Vanguard Portfolio Management LLC — shares in provider snapshot | 62,406,507 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | State Street Corp — shares in provider snapshot | 58,217,260 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | Causeway Capital Management LLC — shares in provider snapshot | 41,190,606 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 3 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.history | Reported versus estimated, recent quarters | EPS beat 8 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-05 | |
fin.scores | Distress and quality screens | Altman Z 1.41 · Piotroski F 6 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-03 · Expired observation | |
px.range52 | 52-week range | $21.45 – $34.03 | UNRECORDED | Stored company-profile observation — Captured 2026-10-05 |
COMPUTED — 5 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 28.77× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $1.22B at Aug 31, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-05. Balance-sheet reference date: 2026-08-31. The inputs do not establish a single common source date for this ratio. |
div.ttm_per_share | Dividends per share, last 12 months (split-adjusted) | $0.45 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history — Sum of 3 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-05, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | |
div.ttm_yield | Dividend yield, last 12 months | 1.75% | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. | |
earn.history.depth.2026-09-29.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($8.44B) with the recorded estimate ($8.39B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-09-29.eps_actual.comparison | Latest report · EPS vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($1.4300) with the recorded estimate ($1.3500) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 2 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 61 of 100 · Fair · pillars 72 / 23 / 64 / 81 / 64 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.moonshot_change | MoonshotScore movement | 61 (stored snapshot Oct 4, 2026) → 61 (current publication computed Oct 5, 2026) (0) | OURS | Stock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive. |
Fact-family notes
- Quarterly statement note. Source series as of 2026-08-31. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-08-31.revenue_k,fin.q_table.depth.2026-08-31.sga_k,fin.q_table.depth.2026-08-31.operating_result_k,fin.q_table.depth.2026-05-31.revenue_k,fin.q_table.depth.2026-05-31.sga_k,fin.q_table.depth.2026-05-31.operating_result_k,fin.q_table.depth.2026-02-28.revenue_k,fin.q_table.depth.2026-02-28.sga_k,fin.q_table.depth.2026-02-28.operating_result_k,fin.q_table.depth.2025-11-30.revenue_k,fin.q_table.depth.2025-11-30.sga_k,fin.q_table.depth.2025-11-30.operating_result_k. - Earnings-history note. Source series as of 2026-09-29. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-09-29.revenue_actual,earn.history.depth.2026-09-29.revenue_estimated,earn.history.depth.2026-09-29.revenue_actual.comparison,earn.history.depth.2026-09-29.eps_actual.comparison,earn.history.depth.2026-09-29.eps_actual,earn.history.depth.2026-09-29.eps_estimated,earn.history.depth.2026-06-23.revenue_actual,earn.history.depth.2026-06-23.revenue_estimated,earn.history.depth.2026-06-23.eps_actual,earn.history.depth.2026-06-23.eps_estimated,earn.history.depth.2026-03-27.revenue_actual,earn.history.depth.2026-03-27.revenue_estimated,earn.history.depth.2026-03-27.eps_actual,earn.history.depth.2026-03-27.eps_estimated,earn.history.depth.2025-12-19.revenue_actual,earn.history.depth.2025-12-19.revenue_estimated,earn.history.depth.2025-12-19.eps_actual,earn.history.depth.2025-12-19.eps_estimated. - Cash-flow note. Source series as of 2026-08-31. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-08-31.operating_cash_flow_m,fin.opcf.depth.2026-05-31.operating_cash_flow_m,fin.opcf.depth.2026-08-31.capex_m,fin.opcf.depth.2026-05-31.capex_m,fin.opcf.depth.2026-02-28.operating_cash_flow_m,fin.opcf.depth.2026-02-28.capex_m,fin.opcf.depth.2025-11-30.operating_cash_flow_m,fin.opcf.depth.2025-11-30.capex_m.
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Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | Carnival Corporation & plc operates as a prominent global entity in the leisure travel sector. Its extensive fleet of vessels navigates to nearly 700 different ports globally, sailing under a diverse portfolio of acclaimed brands such as Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard. Beyond its core cruise operations, the company also provides port services and other related offerings. Its holdings include and it manages hotels, lodges, unique glass-domed railcars, and motor coaches. Customers primarily book their cruises through a network of travel agencies, tour operators, vacation planners, and direct online channels. The corporation maintains a broad international presence, with operations spanning the United States, Canada, continental Europe, the United Kingdom, Australia, New Zealand, Asia, and other global markets. It commands a significant fleet of 87 ships, collectively providing capacity for 223,000 passengers in lower berths. Carnival Corporation & plc was established in 1972 and has its headquarters situated in Miami, Florida. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2025-11-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-05-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Cash, investments and debt | Total debt: $26.17B; Liquidity basis: cash and short-term investments; Total liabilities: $39.24B; Cash and short-term investments: $2.24B; Cash and investments: $2.24B; Long-term investments: $0; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-05-31 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Recent dividends paid | Captured record · 4 entries
Declared amounts per share on their ex-dates. A single payment does not establish an annual rate, and a special dividend is not separated here. | 2026-08-07 | FMP | Financial Modeling Prep (FMP) dividend history |
| Revenue by segment | Cruise: $9.20B; Tour And Other: $17.42B | 2025-11-30 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-05-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-06-23 | FMP | Financial Modeling Prep (FMP) earnings |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $2.24B; Cash and short-term investments: $2.24B; Long-term investments: $0; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-05-31 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-05-31 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Cash against market value | As of: 2026-05-31; Cash basis: cash and short-term investments; Net cash: -$23.93B; Total debt: $26.17B; Cash and investments: $2.24B Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them. | 2026-05-31 | COMPUTED | Computed from the balance sheet and the latest market capitalization |
| Trailing twelve-month ratio set | Quick ratio: 0.29; Current ratio: 0.33; Debt to equity: 2.02; Net margin: 11.2%; Gross margin: 34.4%; Operating margin: 16.3%; Return on assets: 5.9%; Return on equity: 24.4% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Next earnings report | Date: 2026-10-05; EPS estimate: $1.35 per share; Revenue estimate: $8.40B The date is our provider's estimate until the company confirms it. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-12 | FMP | Financial Modeling Prep (FMP) analyst estimates |
| Continued-listing rule notice | Form: 8-K; Item: 3.01; Filed: 2026-05-07; Event date: 2026-05-07; Item description: Notice of delisting or failure to satisfy a continued listing rule The exchange's cure period and any deadline are stated inside the filing. Read the linked document rather than inferring them from the filing date. | 2026-05-07 | OFFICIAL | SEC EDGAR — Form 8-K, Item 3.01 |
| Recent SEC filings |
| 2026-08-05 | OFFICIAL | SEC EDGAR filer submissions |
| Most recent periodic reports | Annual: Document: https://www.sec.gov/Archives/edgar/data/815097/000081509726000007/ccl-20251130.htm, Filed: 2026-01-27, Period end: 2025-11-30; Quarterly: Document: https://www.sec.gov/Archives/edgar/data/815097/000081509726000096/ccl-20260531.htm, Filed: 2026-06-26, Period end: 2026-05-31 | 2026-06-26 | OFFICIAL | SEC EDGAR filer submissions |
Data provided for informational purposes only.