3B5 Stock Chart & Stats
€22.00
€0.08(0.36%)
At close: 4:00 PM EDT
€22.00
€0.08(0.36%)
Day’s Range― - ―
52-Week Range€18.98 - €28.66
Previous CloseN/A
Volume1.73K
Average Volume (3M)2.92K
Market Cap
€33.53B
Enterprise Value€56.64B
Total Cash (Recent Filing)€1.22B
Total Debt (Recent Filing)€25.16B
Price to Earnings (P/E)12.0
Beta1.21
Next Earnings
Dec 18, 2026EPS Estimate
0.2Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.31
Shares Outstanding1,344,610,100
10 Day Avg. Volume1,494
30 Day Avg. Volume2,919
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
€30.53Price Target Upside38.77% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering21
EPS Forecast (FY)2.01
Revenue Forecast (FY)€24.67B
Bulls Say, Bears Say
Bulls Say
Demand And Booking MomentumStrong forward bookings, record pricing and higher customer deposits indicate durable demand visibility beyond the current quarter. This supports occupancy and yield performance, gives Carnival greater planning confidence, and provides a foundation for sustained revenue growth over the next several quarters.
Fuel Efficiency And Cost DisciplineLower fuel intensity and disciplined operating costs improve the economics of Carnival’s large fixed-cost fleet. These gains can help protect margins when fuel or inflation pressures rise, while operational efficiencies provide recurring support for profitability rather than relying only on stronger passenger demand.
Improving Credit ProfileDebt reduction and investment-grade recognition represent a meaningful structural improvement in financial flexibility after the post-pandemic balance-sheet strain. A stronger credit profile can support refinancing access, reduce secured financing dependence, and expand Carnival’s future capital-allocation options.
Bears Say
High LeverageDespite improvement from earlier peaks, leverage remains substantial relative to Carnival’s cyclical demand and high fixed-cost operating model. If bookings or pricing weaken, debt service and refinancing needs could absorb more cash, limiting investment capacity and reducing resilience during downturns.
Cash Flow Normalization And Capital IntensityThe sharp free-cash-flow decline and expected increase in non-newbuild spending indicate that accounting profitability is not translating into equally strong cash accumulation. Higher recurring investment needs may constrain deleveraging and shareholder returns, especially if operating conditions soften.
Operating Margin PressureA lower operating margin suggests that cost pressure or post-recovery normalization is reducing the conversion of revenue into operating profit. This weakens the durability of earnings growth because Carnival must continue delivering pricing, occupancy and efficiency gains just to defend profitability.
Carnival News
3B5 FAQ
What was Carnival’s price range in the past 12 months?
Carnival lowest stock price was €18.98 and its highest was €28.66 in the past 12 months.
What is Carnival’s market cap?
Carnival’s market cap is €33.53B.
When is Carnival’s upcoming earnings report date?
Carnival’s upcoming earnings report date is Dec 18, 2026 which is in 50 days.
How were Carnival’s earnings last quarter?
Carnival released its earnings results on Sep 29, 2026. The company reported €1.276 earnings per share for the quarter, beating the consensus estimate of €1.208 by €0.068.
Is Carnival overvalued?
According to Wall Street analysts Carnival’s price is currently Undervalued.
Does Carnival pay dividends?
Carnival does not currently pay dividends.
What is Carnival’s EPS estimate?
Carnival’s EPS estimate is 0.2.
How many shares outstanding does Carnival have?
Carnival has 1,344,610,100 shares outstanding.
What happened to Carnival’s price movement after its last earnings report?
Carnival reported an EPS of €1.276 in its last earnings report, beating expectations of €1.208. Following the earnings report the stock price went up 11.778%.
Which hedge fund is a major shareholder of Carnival?
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:
€30.53 (38.77% Upside)
€30.53 (38.77% Upside)
Blogger Sentiment
Bullish
DE:3B5 Sentiment 86%
Sector Average 59%
Sector Average 59%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.19%
12-Months-Change
Fundamentals
Return on Equity
23.91%
Trailing 12-Months
Asset Growth
0.28%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Carnival
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
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was strongly positive. Carnival reported record revenues, yields, net income and deposits; raised full-year EPS guidance; delivered better-than-expected cost and fuel-consumption performance; described forward bookings and onboard spending as robust; and highlighted improving returns, capital returns and an investment-grade credit rating. The main challenges were higher fuel prices, residual first-quarter 2027 booking disruption, temporary loyalty-program accounting headwinds, Caribbean capacity pressure and higher expected capital expenditures.View all DE:3B5 earnings summaries3B5 Revenue Breakdown
65.43% Passenger ticket
34.57% Onboard and other
3B5 Stock 12 Month Forecast
Average Price Target
€30.53
▲(38.77% Upside)
Technical Analysis
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