Wells Fargo has initiated coverage on Carnival Corp (CCL) with an Overweight rating as of November 17, 2025. The current share price stands at $25.76, reflecting the firm's initial assessment of the company's investment potential based on its research and analysis of business fundamentals, industry dynamics, and growth prospects.
Carnival Corp operates in the Hotels, Restaurants & Leisure sector and is headquartered in Miami, Florida. The company employs approximately 112,000 full-time staff and operates a diverse portfolio of cruise lines, including Carnival Cruise Line, Holland America Line, and Princess Cruises. The firm has a market capitalization of $33.0 billion and reported a P/E ratio of 12.51 with an EPS of 1.88 for the trailing twelve months.
Upcoming earnings are scheduled for June 21, 2026, with an estimated EPS of $0.46 and revenue of $6.7 billion. Analysts have noted a recent trend in Carnival’s earnings surprises, with Q3 2025 reporting an EPS of $1.43 compared to an estimate of $1.34, marking a 7.0% positive surprise.
Analyst consensus as of November 1, 2025, shows 10 Strong Buy, 15 Buy, and 7 Hold ratings among a total of 32 analysts, indicating a general positive outlook for Carnival Corp. Such decisions reflect the ongoing evaluation of the company's performance and market conditions, highlighting the importance of considering multiple factors in investment decisions.