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Carnival (NYSE:CCL) Corp’s stock has reached a significant milestone, hitting a 52-week high of 28.72 USD. With a market capitalization of $38.86 billion and a P/E ratio of 13.05, this marks a notable point for the cruise line operator. According to InvestingPro analysis, the stock is currently trading slightly above its Fair Value, with technical indicators suggesting overbought conditions. Over the past year, Carnival Corp’s stock has experienced a remarkable increase, with a 1-year change of 63.44%. The company has demonstrated strong fundamentals with 10.82% revenue growth and a beta of 2.58, indicating higher volatility than the market. This uptrend suggests growing investor confidence and optimism about the company’s future prospects, as the travel and leisure industry continues to rebound from the challenges posed by the global pandemic. InvestingPro subscribers have access to 12 additional investment tips and a comprehensive analysis of CCL’s financial health.
In other recent news, Carnival Corporation (LON:CCL) reported robust financial results for the second quarter of 2025, significantly surpassing earnings and revenue forecasts. The company announced an earnings per share of $0.35, exceeding the predicted $0.24, marking a 45.83% surprise. Revenue reached $6.33 billion, outpacing the anticipated $6.21 billion. Following these results, UBS raised its price target on Carnival to $33.00 from $30.00, maintaining a Buy rating, while Stifel increased its target to $34.00 from $33.00, also with a Buy rating. Truist Securities maintained its Hold rating and $27.00 price target, highlighting Carnival’s strong second-quarter performance despite a volatile macroeconomic backdrop. The company also raised its full-year earnings per share guidance by 14 cents and increased its full-year net yield guidance to 5%. Carnival’s positive booking trends and forward guidance suggest continued strength in the cruise industry, with plans to open the Celebration Key destination in July. Analysts noted that Carnival’s performance could potentially set higher expectations for competitors in the sector.
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