Carnival Corporation & plc (CCL) is one of the largest cruise operators in the world. In this company, there are ninety-plus vessels available for public traveling. We will explore the financials and performance of this company in the stock market and then break the target price of this stock for the future.
About the Carnival Corp. (NYSE: CCL)
I want to tell you that Carnival Corporation & plc there are a group of two different companies. First is the Carnival Corporation which is an American company established in 1972 as Carnival Cruise Line.
The second company of this group is Carnival plc which is a United Kingdom-based company and this company is listed on the London Stock Exchange.
| Carnival Corp Overview | |
| Details | Information |
| Stock Name | Carnival Corp |
| Stock Symbol | CCL |
| Stock Exchange | NYSE |
| Market Cap | 33.12B USD |
| Founder | Ted Arison |
| Founded Year | 1972 |
| Headquarter | Miami, Florida United States |
History of CCL Stock Price
Carnival Corporation was listed in the New York Exchange on Aug 28, 1987, and started from $3.84. The company performed well in the stock till the year 2018 but during the COVID-19 pandemic, CCL stock faced a big challenge in the stock market after announcing the lockdown, all travel was stopped.
However, the company again rose in the market and performed well. The last year’s return of this company was +71%.
| Time | Per Share Value (USD) |
| Before 5D | $26.10 |
| Before 1M | $25.19 |
| Before 6M | $17.82 |
| Before 1Y | $18.54 |
| Before 5Y | $51.33 |
| All time Max | $71.65 |
CCL Stock Fundamentals and Financial Analysis
The net income of this company is 1.74B and the return on equity is 13%. The price-to-earnings ratio and the P/B ratio are 19.05 and 3.98 respectively. The total assets of this company are 49.81B and the EBITDA Margin is 2.83B.
| Previous Close | $25.73 |
| Day Range | $25.42 – $26.05 |
| 52 Week High/Low | $13.78 – $27.17 |
| AVG Volume | 21.05M |
| Revenue Growth % (Yearly) | +15.20% |
| Net Income | 1.74B |
| ROE | 13% |
| EPS | 1.26 |
| P/B Ratio | 3.98 |
| P/E Ratio | 22.96 |
| Dividend Yield | – |
| Debt to Equity | 3.356 |
| Total Assets | 49.81B |
| EBITDA Margin | 2.83B |
For upcoming 1, 2, 3 up to 10-Year CCL Stock Price Prediction
The stock price prediction for CCL is estimated to be $16.20 to $70.60 from one year to ten years. CCL stock will hit $41.25 after two years from this stock. The stock price forecast for CCL after the 10 ten will be between $50.95 to $70.60 per share.
| Year | Minimum Per Stock Price | Maximum Per Stock Price |
| 1 Year | $16.20 | $32.10 |
| 2 Year | $21.90 | $41.25 |
| 3 Year | $17.85 | $32.60 |
| 4 Year | $19.50 | $27.60 |
| 5 Year | $19.70 | $55.60 |
| 6 Year | $41.20 | $72.80 |
| 7 Year | $18.24 | $55.60 |
| 8 Year | $32.75 | $62.50 |
| 9 Year | $40.65 | $68.70 |
| 10 Year | $50.95 | $70.60 |
Short-Term CCL Stock Forecast
The short-term forecast for CCL stock is estimated to be $16.20 to $32.10 per share from the start to the end of the year. According to the expert, CCL stock will recover gradually in the upcoming years.
| Year | 2024 |
| Minimum Per Stock Price | $16.20 |
| Maximum Per Stock Price | $32.10 |
CCL Stock Price Forecast 2025
CCL’s stock price prediction for 2025 is expected to be $21.90 at the start of the year and if it maintains its past trends then this stock will hit $41.25 per share at the end of the year.
| Year | 2025 |
| Minimum Per Stock Price | $21.90 |
| Maximum Per Stock Price | $41.25 |
CCL Stock Forecast 2026
Carnival Corporation expected to expand its fleet and increase its source of revenue. So the result is this stock is estimated to hit $17.85 to $32.60 per share this year.
| Year | 2026 |
| Minimum Per Stock Price | $17.85 |
| Maximum Per Stock Price | $32.60 |
CCL Stock Forecast 2027
CCL stock forecast for 2027 is expected to reach $19.50 per share and at the end of the year, this stock can touch $27.60.
| Year | 2027 |
| Minimum Per Stock Price | $19.50 |
| Maximum Per Stock Price | $27.60 |
CCL Stock Price Prediction 2030
The stock price forecast of CCL for 2030 is expected to be a minimum per stock price is $18.24 and according to the positive market sentiments, this stock will touch $55.60 per share.
| Year | 2030 |
| Minimum Per Stock Price | $18.24 |
| Maximum Per Stock Price | $55.60 |
CCL Stock Price Forecast 2035
The price prediction of CCL for 2035 is expected to the $40.65 to $68.70 per share from the start to the end of the year. Analysts guess that Carnival Corporation will innovate these fleets make them eco-friendly and modernize all these systems.
| Year | 2024 |
| Minimum Per Stock Price | $40.65 |
| Maximum Per Stock Price | $68.70 |
CCL Stock Forecast 2040
The stock price forecast of CCL for 2040 is expected to be $50.95 to $70.60 per share for the entire year of 2040.
| Year | 2024 |
| Minimum Per Stock Price | $50.95 |
| Maximum Per Stock Price | $70.60 |
CCL Stock Forecast 2025 to 2040
After seeing this forecast chart, we noticed that the stock growth of this company is very slow. Currently, this company trying to get out of a huge loss. Carnival Corporation has the potential to rise and reach its past price which was before the pandemic.
| Year | Minimum Per Stock Price | Maximum Per Stock Price |
| 2025 | $21.90 | $41.25 |
| 2026 | $17.85 | $32.60 |
| 2027 | $19.50 | $27.60 |
| 2028 | $19.70 | $55.60 |
| 2029 | $41.20 | $72.80 |
| 2030 | $18.24 | $55.60 |
| 2031 | $32.75 | $62.50 |
| 2035 | $40.65 | $68.70 |
| 2040 | $50.95 | $70.60 |
Previous Year Financial Chart of CCL Stock
Before the COVID-19 pandemic, you could see the condition of this stock was too good but after the pandemic, this stock suffered a huge loss. However, this company continuously rises from the loss and is expected to grow up to 2030.
In 2019, the company generated $20.99B profit but currently this company suffers from a huge loss of -$74.00M. But the good thing is this loss continuously decreased and Carnival Corporation tried to rise from its loss.
| Year | Revenue Of CCL ($) | CCL Profit ($) | Total Assets ($) |
| 2019 | 20.83B | 20.99B | 45.06B |
| 2020 | 5.59B | -10.24B | 53.59B |
| 2021 | 1.91B | -9.50B | 53.34B |
| 2022 | 12.17B | -6.09B | 51.70B |
| 2023 | 21.59B | -74.00M | 49.12B |
Major Shareholder of CCL Stock
Vanguard Group Inc, BlackRock Inc, State Street Corp, and the Barrow Hanley Mewhinney & Strauss Llc are the largest shareholders of this stock which hold 113,839,534 shares, 68,766,588 shares, 39,124,656 shares, and 24,937,916 shares respectively.
| Shareholder | Shares |
| Vanguard Group Inc | 113,839,534 shares |
| BlackRock Inc | 68,766,588 shares |
| State Street Corp | 39,124,656 shares |
| Barrow Hanley Mewhinney & Strauss Llc | 24,937,916 shares |
| Geode Capital Management, Llc | 23,215,468 shares |
Other Shareholders of CCL Stock
- Nuveen Asset Management, Llc
- Bessemer Group Inc
- Blackrock Finance, Inc.
Conclusion
Carnival Corporation has a strong potential to recover its stock price up to the year 2030. However, there are many types of risks available right now also such as fuel price volatility, market trends, or other types of pandemic situations. So, you should be aware of all risks and opportunities before investing in this stock.
FAQs
Will CCL stock recover to its pre-pandemic levels by 2030?
Yes, CCL stock continuously recovering its pre-pandemic price and it is successful sometimes to some extent.
What are the major risks of investing in CCL stock?
The major risks are fuel price increments, competition, negative market trends, and investor sentiments.
How did the COVID-19 pandemic affect CCL stock?
CCL is a traveling company and during the lockdown, travel was completely closed for a long time so the result is company was at a loss.
What is the long-term outlook for CCL stock?
CCL will recover its price in the long term and grow very well in comparison to the pre-pandemic period.