CCL — Carnival Corporation

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Carnival Corporation

Carnival Corporation Ltd., a cruise company, provides leisure travel services in North America, Australia, Europe, and internationally. The company operates through four segments: North America Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations and islands, as well as owns and operates hotels, lodges, glass-domed railcars, and motorcoaches. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$27.98
Market Cap$36.26B
Float1.38B
Shares Outstanding1.24B
P/E (Forward)11.15
P/E (TTM)11.53
Price/Sales (TTM)1.34
vs. Analyst Target+21.7% to analyst PT
Profit Margin11.48%
Operating Margin (TTM)9.83%
Revenue (TTM)$26.98B
Earnings Growth (YoY)35.80%
Dividend Rate0.3%
Analyst Target Price$34.06 (30 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $5.59B -$10.24B -$2.65B -$7.12B
2021 $1.91B -$9.50B -$2.75B -$5.69B
2022 $12.17B -$6.09B $412M -$2.20B
2023 $21.59B -$74.0M $7.28B $4.37B
2024 $25.02B $1.92B $9.38B $6.23B
2025 $26.62B $2.76B $7.88B $6.91B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
May 2025 $6.33B $565M
Aug 2025 $8.15B $1.85B
Nov 2025 $6.33B $422M
Feb 2026 $6.17B $258M

Ownership & Float

Insider Ownership0.3%
Institutional Ownership73.4%
Short Float3.2%
% of All Funds Holding11.66%
Number of Funds Holding958

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$26.58Near-term / short-term trend
Weekly40-Week SMA$28.47Medium-term trend
Weekly80-Week SMA$26.45Cyclical trend (business cycle)
Weekly200-Week SMA$18.96Secular trend (multi-year)
Monthly10-Month SMA$28.79Near-term monthly trend
Monthly20-Month SMA$26.54Medium-term monthly trend
Monthly40-Month SMA$20.83Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$23.10 support 1.10x 10 months ago
$15.30 support 1.05x 22 months ago

Historical Earnings Reactions (124 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.52% 0.32% 63.71% 10.90% -6.12%
1 Day 0.87% 0.42% 54.84% 20.00% -7.08%
1 Week 0.93% 0.30% 53.23% 44.10% -16.15%
2 Weeks 1.09% 0.81% 57.26% 30.30% -21.54%
1 Month 1.05% 1.86% 58.06% 29.02% -23.73%

Next earnings: June 23, 2026 (26 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.9%51.3%39
Feb-0.8%46.2%39
Mar-1.5%46.2%39
Apr1.0%48.7%39
May1.0%50.0%38
Jun1.8%55.3%38
Jul-0.0%50.0%38
Aug0.2%53.8%39
Sep0.4%59.0%39
Oct-0.0%56.4%39
Nov3.3%64.1%39
Dec6.2%69.2%39

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.11% 45.0% 1843
Tuesday 0.17% 48.7% 2008
Wednesday 0.10% 48.1% 2005
Thursday 0.06% 48.4% 1968
Friday 0.05% 48.3% 1958

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 73.4%

Insider Transactions — Smart Summary

Total insider ownership: 0.3%

12-Month Insider Activity Summary

Total Filings4
Net Value-$12.0M
Net Shares Change-45,389
% of Float-0.0%
C-Suite Filings1
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Bernstein David CFO and CAO -$12.0M 1 1 sell
BAND SIR JONATHON -$686,178.1 2 2 sell
SUBOTNICK STUART -$16,255.457 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-12 SUBOTNICK STUART -$16,255.457 Transaction at $25.80, now +8.4%
2026-04-02 BAND SIR JONATHON -$314,265.6 Transaction at $26.19, now +6.8%
2026-02-12 Bernstein David CFO and CAO -$12.0M Transaction at $33.22, now -15.8%
2025-08-05 BAND SIR JONATHON -$371,912.5 Transaction at $29.75, now -6.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Carnival Corporation (CCL) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for CCL on Trend Edge →