Carnival Corp. analysts lift targets, shares stay below consensus

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-27, 11:55.

Carnival Corp. (US1436583006) remains in focus on the NYSE as fresh analyst reports adjust price targets upward while the shares continue to trade at a discount to consensus expectations. The discussion centers on the valuation gap after recent guidance updates and sector moves among peers such as Royal Caribbean and Norwegian Cruise Line.

What the latest analysts say

On June 26, Argus Research raised its price target for Carnival to 35 US dollars from 30 US dollars and reiterated a Buy rating, according to a MarketScreener summary of recent research notes. This lift follows earlier positive revisions from other houses after Carnival’s most recent guidance and operational updates.

The number of analysts covering Carnival currently stands at 28, with the majority rating the stock Buy based on aggregated broker data. The average target price across these analysts is about 35.55 US dollars, implying upside potential from the latest closing price on the NYSE.

Consensus picture on Carnival

MarketScreener’s consensus data show Carnival shares last closed at around 29.07 US dollars, roughly 17 to 18 percent below the average analyst target of 35.55 US dollars as of June 26 in the detailed consensus overview. This spread highlights that Wall Street remains constructive on the recovery story despite cost pressures discussed in recent company commentary.

Alongside the Argus move, other research houses such as Wells Fargo and UBS have in recent weeks updated views on Carnival’s ability to benefit from booking trends and manage rising fuel and interest costs, according to a compiled analyst news report citing NASDAQ and broker notes. Some updates acknowledge weaker guidance relative to earlier optimism but still keep positive ratings, underscoring the balance between cost challenges and robust demand.

The business behind the cruises

Carnival Corp. generates its revenue mainly from operating cruise brands such as Carnival Cruise Line, Princess Cruises and Holland America Line, offering itineraries in North America, Europe and other regions. The company earns through ticket sales, onboard spending on food, beverages and entertainment, and ancillary services like shore excursions.

Where the Carnival shares trade

The Carnival Corp. shares (US1436583006) most recently traded on the NYSE at 29.07 US dollars as of 2026-06-26, 22:00, based on consolidated exchange data.

This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities. All data are based on sources deemed reliable but without any guarantee of accuracy or completeness. Investors should conduct their own research or consult a qualified financial advisor before making investment decisions.