Wall Street is Bullish on Carnival Corporation & plc (CUK) Ahead of Q4 2025 Earnings

Group 1 - Carnival Corporation & plc (NYSE:CUK) is considered one of the undervalued stocks with significant upside potential, with Wall Street showing bullish sentiment ahead of its fiscal Q4 2025 earnings release expected on December 19 [1] - Goldman Sachs reiterated a Buy rating on CUK with a price target of $31, while Citi maintained a Buy rating with a £27 price target [1] - Analysts at Goldman Sachs noted that the cruise sector faces Caribbean oversupply issues, but CUK is expected to perform better due to lower exposure to the Caribbean market [2] Group 2 - Goldman Sachs forecasts a net yield growth of about 2.75% and a cost growth of 3.25% for CUK, while cautioning about potential volatility in Q4 [2] - CUK management expects net yields to increase by 4.3% compared to record 2024 levels, with adjusted net income projected to rise over 60% compared to Q4 2024 [3] - Carnival Corporation operates a fleet of more than 90 ships across 9 major cruise brands, providing various travel-related services [3]