Are Wall Street Analysts Predicting Carnival Corporation Stock Will Climb or Sink?

With a market cap of $34.3 billion, Carnival Corporation & plc (CCL) is the world’s largest cruise company, providing leisure travel experiences across North America, Australia, Europe, and other international markets. Operating under well-known brands such as Carnival Cruise Line, Princess Cruises, Holland America Line, and Cunard, the company carries nearly half of global cruise guests. 

Shares of the Miami, Florida-based company have outperformed the broader market over the past 52 weeks. CCL stock has gained 27.1% over this time frame, while the broader S&P 500 Index ($SPX) has increased 18.3%. However, shares of the company are up 11.8% on a YTD basis, lagging behind SPX’s 17.2% rise.