Carnival Corporation & plc (CCL) fair value analysis
S&P 500 · Updated 2026-10-19
CCL price how computed
Forward Fair Value verdict
UndervaluedCCL is trading at more than a 25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $26.35
- Sector
- Consumer Cyclical
- 12-month range
- $21.79–$33.99
- Market cap
- $35.4B
- From 52-week high
- -22.5%
- Shares outstanding
- 1.34B
- Rank in Consumer Cyclical by discount to fair value
- #25 of 85
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Carnival Corporation & plc is a cruise line operator that owns and operates multiple cruise ship brands serving leisure travelers. The company operates ships that sail to destinations across the Caribbean, Mediterranean, Alaska, and other regions worldwide.
CCL currently ranks #25 of 85 Consumer Cyclical stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $35.4B
- P/E (trailing)
- 11x
- Revenue (TTM)
- $27.6B
- Net margin
- 11.4%
- EPS (TTM)
- $2.38
- Gross margin
- 45.1%
- Debt / equity
- 1.77
- Revenue growth (3-yr avg)
- 18.8%
- Shares outstanding
- 1.34B
Derived indicators how computed
- Quality grade
- C
- Margin trend
- Contracting
- 52-week position
- The lower-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 64 · neutral
- 50-day average
- $24.88
- 200-day average
- $27.28
- Moving-average state
- 50-day below 200-day (death cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $0.45 per share (3 payments)
- Yield on last price
- 1.71%
- Consecutive years of increases
- 0 (no streak on complete calendar years)
- Last ex-dividend date
- 2026-08-07
- Last payment date
- 2026-08-28
Earnings how computed
- Last 8 quarters vs consensus
- 8 beat, 0 missed
- Quarter by quarter
- 2026-08 ▲ beat (+5.1%)
2026-05 ▲ beat (+17.1%)
2026-02 ▲ beat (+11.1%)
2025-11 ▲ beat (+36.0%)
2025-08 ▲ beat (+8.3%)
2025-05 ▲ beat (+45.8%)
2025-02 ▲ beat (+550.0%)
2024-11 ▲ beat (+100.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 24 buy · 5 hold · 0 sell (29 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $33.9
- Target vs last price
- +28.7%
What our data shows for CCL
- Our model validated 11 trailing price-to-earnings windows for CCL, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $21.79–$33.99.
- The 14-day relative strength index sits at a neutral 64.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for CCL
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent CCL news
TickrTrends' derived news-sentiment signal for CCL is currently leaning positive, computed from recent coverage.
- Carnival (CCL) Reaffirms Buy with $42 Price Target After Strong Q3 Earnings (gurufocus.com, 2026-10-13)
TickrTrends take: Carnival operates in the Consumer Cyclical sector, where earnings strength can signal improving operational efficiency and consumer demand resilience. The company's strong Q3 performance and analyst confidence in a 42 dollar price target align with TickrTrends' current undervalued assessment, suggesting the market may not yet be fully pricing in the earnings momentum. Investors focused on valuation metrics should monitor whether upcoming quarterly results sustain this earnings trajectory, as this would be critical to validating whether the current undervalued designation remains appropriate or reflects a shifting fundamental picture. - Princess Cruises Unveils Ambitious 2028-2029 Itineraries, Boosting Carnival Corp (CCL) Appeal (gurufocus.com, 2026-10-13)
TickrTrends take: Princess Cruises' announcement of expanded future itineraries suggests management confidence in sustained demand and revenue visibility, which aligns with TickrTrends' undervalued assessment of Carnival Corp. For investors focused on valuation metrics, this forward booking activity warrants monitoring of how such capacity additions translate into actual revenue growth and margin performance in the upcoming periods. Given CCL's Consumer Cyclical classification, the timing of these cruise offerings and their booking pace will be critical indicators of whether current pricing reflects realistic earnings potential or leaves room for upside. - Carnival Corporation (CCL) Reports Record Q3 Revenue, Shares Surge on Upgraded Guidance (gurufocus.com, 2026-10-12)
TickrTrends take: Carnival Corporation's record Q3 revenue and upgraded guidance provide fundamental support for the undervalued assessment currently assigned by TickrTrends, suggesting the market may not have fully priced in the cruise operator's improved earnings trajectory. As a consumer cyclical business, CCL remains sensitive to economic conditions, so investors tracking the valuation should monitor whether this revenue strength can be sustained through potential demand shifts. The combination of record performance metrics and an undervalued rating indicates potential room for multiple expansion if the company continues to demonstrate improving operational efficiency.
What people are saying
Follow the CCL conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — TickrTrends' derived indicators for CCL show movement across multiple metrics this week. The quality grade improved from F to C, while the revenue growth band shifted from declining to strong. Additionally, the sector discount rank moved from 18 to 32, indicating a change in relative valuation positioning within the Consumer Cyclical sector. The current valuation verdict remains Undervalued.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — CCL's relative strength index moved out of oversold territory into neutral zone this week, suggesting a shift away from extreme downward momentum. The stock remains classified as undervalued based on current valuation metrics within the Consumer Cyclical sector.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is CCL stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), CCL is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is CCL's TickrTrends verdict?
CCL's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does CCL compare to other Consumer Cyclical stocks?
CCL ranks #25 of 85 Consumer Cyclical stocks in TickrTrends' coverage by discount to fair value.
Is CCL overbought or oversold?
CCL's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does CCL pay a dividend?
Yes. CCL paid $0.45 per share over the last twelve months (3 payments), a 1.71% yield on TickrTrends' last price. The last ex-dividend date was 2026-08-07.
Does CCL usually beat earnings estimates?
Over its last 8 reported quarters CCL beat the consensus estimate 8 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about CCL?
Of 29 analysts covering CCL, 24 rate it a buy, 5 a hold and 0 a sell - buy-leaning, with a consensus price target of $33.9 (+28.7% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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