Boogich/iStock Unreleased via Getty Images Thesis My previous article about Carnival Corporation & plc (NYSE:CCL) was released in Q4 2023 (a report that was released on December 21). In that article, I assigned Carnival a fair stock price target of $30.10 which at that time when the stock was trading at $19.20, represented a potential upside of 57%. Furthermore, I also assigned a future price of $75.90, which represented annual returns of 49.2% throughout 2029. Since that previous article, Carnival's stock ...

Strong demand in travel has sent Carnival (CCL -0.83%) shares up 60% over the last year, but the stock's recent pullback could be a great buying opportunity, according to analysts at Stifel Financial.Following another strong earnings report last week, Stifel maintained a buy rating on the stock. The firm knocked $1 off its previous price target, but at $25, the analysts still see 54% upside over the next 12 months or so from the current share price of $16.21.Why analysts like the stockThe cruise industry is ...

Carnival Corp. (CCL -0.58%) is no longer a meme stock. It's up 65% over the past year, and its business is back to booming. Now that it's rebounded, should investors move on the next big thing? Not so fast. Carnival has a powerful leadership position as the largest cruise operator in the world, and it might deserve a spot in your portfolio. Let's see where it could be five years from now and whether or not you should buy it.Demand for cruises is still hotCarnival demonstrated an incredible recovery last yea ...

Spring 2025 special interest Mediterranean voyages on Seabourn Venture focus on unique, exclusive experiences, including tennis tournaments, cultural events, renowned wineries and moreSEATTLE, April 1, 2024 /PRNewswire/ -- Seabourn, the leader in ultra-luxury cruising and expedition travel, is introducing "The Collection," a series of exclusive sailings featuring unique, one-of-a-kind shoreside experiences that complement the line's unparalleled, ultra-luxury experiences. The first sailings to launch as par ...

Carnival's (CCL -4.95%) business was doing well prior to the onset of the pandemic. The public health crisis dealt a blow to the industry, but things are starting to pick up in a big way.Investors are taking notice. Shares are up 85% just in the past 12 months. However, they remain 76% below their peak price.As we take a closer look at this cruise line stock, there's one clear reason investors should buy it like there's no tomorrow. However, there is also one must-know factor that will cause you to avoid Ca ...

Famous cruise line Carnival Corporation (CCL -4.95%) has been a hot stock over the past year. Shares have nearly doubled. Investors buying the stock as a play on recovering consumer spending following the pandemic were proven right by the market.But now it could be time to lock in profits and say goodbye to Carnival stock.The company has done an admirable job of bouncing back to pre-pandemic top-line performance, but the pandemic's impact on the business has deteriorated Carnival's earning power.Investors s ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 29, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-9610 Commission file number: 001-15136 Carnival Corporation Carnival plc (Exact name of registrant as specified in its chart ...

Exhibit 99.1 CARNIVAL CORPORATION & PLC REPORTS RECORD FIRST QUARTER REVENUES AND ALL-TIME RECORD BOOKING LEVELS MIAMI (March 27, 2024) - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced financial results for the first quarter 2024 and provided an outlook for the full year and second quarter 2024. "This has been a fantastic start to the year. We delivered another strong quarter that outperformed guidance on every measure, while concluding a monumental wave season that achieved all-time high b ...

We are still a couple of weeks away from the March-quarter reporting cycle really getting underway with the big-bank results. But early results in recent days from companies for their February-ending fiscal quarters have given us some idea of what this coming earnings season will show.To that end, we tried to get some sense of the coming Tech sector results by looking at the Oracle and Adobe quarterly reports last week. This week, we want to focus on the consumer space by looking at the recent Nike (NKE) an ...

Exclusive Destination on Grand Bahama Will Offer Guests A Day in ParadiseMIAMI, March 22, 2024 /PRNewswire/ -- Carnival Cruise Line today revealed details for Paradise Plaza and Calypso Lagoon, two of the five portals at its new Celebration Key™ cruise destination on Grand Bahama set to debut in July 2025. Carnival Cruise Line today revealed details for Paradise Plaza and Calypso Lagoon, two of the five portals at its new Celebration Key™ cruise destination on Grand Bahama set to debut in July 2025. Jus ...