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Dec 22, 2025 4:00 PM

Carnival Quietly Puts Pricing Fears To Rest With Standout Quarter

Carnival Corporation (NYSE:CCL) stock rose Monday after the cruise operator reported record fourth-quarter profit and cash flow.

Following the results, Goldman Sachs analyst Lizzie Dove raised her price forecast to $34 from $31 and reiterated a Buy rating.

Earnings Snapshot

The company reported adjusted EPS of 34 cents, which topped the consensus by 9 cents. Revenue hit a fourth-quarter record $6.33 billion, up $400 million, though just shy of the $6.37 billion estimate.

Also Read: Stock Of The Day: Is The Carnival Rally About To End?

For first-quarter 2026, Carnival expects adjusted earnings of 17 cents per share, compared with an 18-cent estimate. For full-year 2026, Carnival forecasts adjusted earnings of approximately $2.48 per ...