Carnival Corporation: Robust Performance Expectation For 2024 Buoys Optimism (Rating Upgrade)
Carnival Corporation's stock price surged in recent months, driven by better-than-expected Q3 2024 results and upgraded full-year guidance. Even though Q4 2024 figures are set to be lackluster, 2024 performance and outlook for 2025 should make up for it when the company releases results later this week. 2025's forward P/E also indicates decent valuations, which should override any current concerns on overvaluation.
Why Is Wall Street Falling in Love With Carnival Stock Again?
As analysts start working on their "naughty or nice" list this time of year, Carnival Corp. (CCL 0.17%) (CUK 0.34%) is receiving a lot of bullish attention. At least six Wall Street pros boosted their price targets on the world's largest cruise line operator last week.
Carnival: Riding The Wave Into Earnings, What The Option Market Says
Travel stocks have surged since the Tokyo Crash of August 2024, with the CRUZ ETF outperforming the S&P 500, driven by high travel demand. Carnival Corporation is a buy due to strong earnings, record customer deposits, and positive growth prospects despite some valuation concerns and macro risks. CCL's Q3 results showed a significant earnings beat, record adjusted EBITDA, and strong future bookings, with a high expected earnings swing for Q4.
Carnival (CCL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Carnival (CCL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Carnival's finals should be plain sailing after impressive year, say analysts
Carnival PLC (LSE:CCL) finals next Friday (20 September) should be the icing on a bumper year for the cruise operator. Shares are up more than 50% year-to-date with the group confirming its recovery with a record third quarter and upgrade to underlying cash profit (EBITDA) to US$6 billion from $5.8 billion.
Carnival (CCL) Declines More Than Market: Some Information for Investors
The latest trading day saw Carnival (CCL) settling at $26.18, representing a -1.62% change from its previous close.
Forget cruise ships — Carnival is spending big on private island resorts
Carnival Corp is growing its land-based portfolio with an expanded private island and a new resort. Carnival expects to spend $600 million on the coming Celebration Key.
Carnival Trades Near 52-Week High: Harvest Gains or Stay Invested?
CCL's strong booking trends and improved financial position reflect a positive market sentiment.
Is Carnival a Buy, Sell, or Hold in 2025?
Carnival (CCL 1.73%) (CUK 1.95%) has sailed through this year, reporting record revenue, soaring demand, and progress toward its long-term targets. The stock price has followed, with the shares heading for a gain of more than 35%.
Carnival's Princess Cruises Achieves Record-Breaking Bookings
CCL's Princess Cruises reports record-breaking bookings during the Black Friday to Cyber Monday period, underscoring robust demand for cruise travel.
3 Cruise Line Stocks to Buy Hand Over Fist in December
The first 11 months of the year have been good to investors of cruise line stocks. December could be the cherry on top.
2 Stocks Down 63% and 72% to Buy Right Now
With less than a month remaining in this year, it's fair to say that 2024 has been great for the stock market. The S&P 500 index, which is often treated as the benchmark for broader market performance, has risen roughly 28% year to date.
