3B5 Stock Chart & Stats
€22.45
€0.08(0.36%)
At close: 4:00 PM EDT
€22.45
€0.08(0.36%)
Day’s Range― - ―
52-Week Range€20.36 - €28.66
Previous CloseN/A
Volume1.73K
Average Volume (3M)2.76K
Market Cap
€33.09B
Enterprise Value€62.89K
Total Cash (Recent Filing)€2.24B
Total Debt (Recent Filing)€26.17B
Price to Earnings (P/E)12.2
Beta1.31
Next Earnings
Sep 17, 2026EPS Estimate
1.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.31
Shares Outstanding1,369,649,200
10 Day Avg. Volume1,300
30 Day Avg. Volume2,756
Financial Highlights & Ratios
PEG Ratio0.31
Price to Book (P/B)2.77
Price to Sales (P/S)1.28
P/FCF Ratio13.05
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€29.12Price Target Upside29.72% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering21
EPS Forecast (FY)1.95
Revenue Forecast (FY)€24.12B
Bulls Say, Bears Say
Bulls Say
Cash GenerationSustained positive OCF and growing FCF materially improve the company’s ability to service debt, fund fleet modernization and destination investments, and support buybacks/dividends. Strong cash generation reduces refinancing risk and underpins deleveraging over the next several quarters.
Profitability & MarginsHealthy margins and a return to consistent profitability reflect structural improvement since the pandemic. Durable margin expansion increases cash flow convertibility and provides a buffer against cyclical demand dips, supporting reinvestment and balance-sheet repair over a multi-quarter horizon.
Commercial Momentum & BookingsRecord deposits and high forward bookings provide multi-quarter revenue visibility and pricing power, enabling disciplined capacity deployment and yield management. This forward cash and advanced pricing lessen short-term demand risk and support operational planning and financial forecasting.
Bears Say
Elevated LeverageDespite meaningful improvement, the absolute debt load remains sizable for a cyclical leisure operator. Elevated leverage limits financial flexibility, increases interest expense sensitivity to rate moves, and constrains capital allocation should demand soften or cash flow unexpectedly weaken.
Cyclical Demand SensitivityCruise revenue has reverted from rebound-era spikes to more moderate growth, highlighting dependence on macro and travel cycles. Inconsistent year-to-year growth increases earnings volatility risk and means sustained high bookings/pricing are required to maintain margins and deleveraging momentum.
Geopolitical & Fuel VolatilityExposure to regional geopolitical disruption and fuel-price swings can materially compress yields and raise unit costs. These external cost and demand shocks can persist across quarters, eroding revenue per passenger and pressuring margins until travel patterns and fuel costs normalize.
3B5 FAQ
What was Carnival Corporation’s price range in the past 12 months?
Carnival Corporation lowest stock price was €20.36 and its highest was €28.66 in the past 12 months.
What is Carnival Corporation’s market cap?
Carnival Corporation’s market cap is €33.09B.
When is Carnival Corporation’s upcoming earnings report date?
Carnival Corporation’s upcoming earnings report date is Sep 17, 2026 which is in 47 days.
How were Carnival Corporation’s earnings last quarter?
Carnival Corporation released its earnings results on Jun 23, 2026. The company reported €0.359 earnings per share for the quarter, beating the consensus estimate of €0.301 by €0.058.
Is Carnival Corporation overvalued?
According to Wall Street analysts Carnival Corporation’s price is currently Undervalued.
Does Carnival Corporation pay dividends?
Carnival Corporation does not currently pay dividends.
What is Carnival Corporation’s EPS estimate?
Carnival Corporation’s EPS estimate is 1.19.
How many shares outstanding does Carnival Corporation have?
Carnival Corporation has 1,369,649,200 shares outstanding.
What happened to Carnival Corporation’s price movement after its last earnings report?
Carnival Corporation reported an EPS of €0.359 in its last earnings report, beating expectations of €0.301. Following the earnings report the stock price went down -4.729%.
Which hedge fund is a major shareholder of Carnival Corporation?
Currently, no hedge funds are holding shares in DE:3B5
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Carnival Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€29.12 (29.72% Upside)
€29.12 (29.72% Upside)
Blogger Sentiment
Bullish
DE:3B5 Sentiment 85%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.63%
12-Months-Change
Fundamentals
Return on Equity
1.07%
Trailing 12-Months
Asset Growth
2.08%
Trailing 12-Months
Company Description
Carnival Corporation
Carnival Corporation & plc operates as a prominent global entity in the leisure travel sector. Its extensive fleet of vessels navigates to nearly 700 different ports globally, sailing under a diverse portfolio of acclaimed brands such as Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard. Beyond its core cruise operations, the company also provides port services and other related offerings. Its holdings include and it manages hotels, lodges, unique glass-domed railcars, and motor coaches. Customers primarily book their cruises through a network of travel agencies, tour operators, vacation planners, and direct online channels. The corporation maintains a broad international presence, with operations spanning the United States, Canada, continental Europe, the United Kingdom, Australia, New Zealand, Asia, and other global markets. It commands a significant fleet of 87 ships, collectively providing capacity for 223,000 passengers in lower berths. Carnival Corporation & plc was established in 1972 and has its headquarters situated in Miami, Florida.
3B5 Company Deck
3B5 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented strong operational and financial outperformance: record revenue metrics, solid yield and booking momentum (including strong early 2027 bookings), meaningful cost management wins, improved fuel efficiency and a stronger leverage profile that enabled material share repurchases and continued investment in fleet and destinations. These positives were partially offset by transitory but meaningful headwinds from the prolonged Middle East conflict that pressured yields—primarily in Europe—elevated fuel and travel costs, and produced short‑term demand disruption. Management characterizes the yield impact as temporary and emphasized durable structural improvements (commercial capabilities, disciplined fleet strategy, destination assets, and permanent cost savings). Given the breadth and magnitude of operational and balance-sheet gains relative to the described transitory disruptions, the overall tone is constructive.View all DE:3B5 earnings summaries3B5 Revenue Breakdown
65.43% Passenger ticket
34.57% Onboard and other

3B5 Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
€29.12
▲(29.72% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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