Fintel reports that on March 30, 2026, HSBC upgraded their outlook for Carnival Corporation (NYSE:CCL) from Hold to Buy.
Analyst Price Forecast Suggests 54.09% Upside
As of March 26, 2026, the average one-year price target for Carnival Corporation is $37.27/share. The forecasts range from a low of $26.26 to a high of $48.30. The average price target represents an increase of 54.09% from its latest reported closing price of $24.19 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Carnival Corporation is 36,205MM, an increase of 34.21%. The projected annual non-GAAP EPS is 2.15, a decrease of 11.91% from the prior forecast.
What is the Fund Sentiment?
There are 1,136 funds or institutions reporting positions in Carnival Corporation. This is an decrease of 583 owner(s) or 33.92% in the last quarter. Average portfolio weight of all funds dedicated to CCL is 0.15%, an increase of 28.42%. Total shares owned by institutions decreased in the last three months by 11.92% to 865,109K shares. 
The put/call ratio of CCL is 1.03, indicating a bearish outlook.
What are Other Shareholders Doing?
Causeway Capital Management holds 33,945K shares representing 2.74% ownership of the company. In its prior filing, the firm reported owning 31,912K shares , representing an increase of 5.99%. The firm increased its portfolio allocation in CCL by 17.05% over the last quarter.
Geode Capital Management holds 29,450K shares representing 2.38% ownership of the company. In its prior filing, the firm reported owning 28,767K shares , representing an increase of 2.32%. The firm decreased its portfolio allocation in CCL by 44.22% over the last quarter.
Barrow Hanley Mewhinney & Strauss holds 29,126K shares representing 2.35% ownership of the company. In its prior filing, the firm reported owning 36,110K shares , representing a decrease of 23.98%. The firm decreased its portfolio allocation in CCL by 10.91% over the last quarter.
Nuveen holds 26,730K shares representing 2.16% ownership of the company. In its prior filing, the firm reported owning 26,365K shares , representing an increase of 1.36%. The firm increased its portfolio allocation in CCL by 6.25% over the last quarter.
Jpmorgan Chase holds 20,031K shares representing 1.62% ownership of the company. In its prior filing, the firm reported owning 22,930K shares , representing a decrease of 14.47%. The firm decreased its portfolio allocation in CCL by 3.30% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
