$CCL

UBS reports Carnival's Q3 fuel costs may rise 2.5%, below the 2.8% forecast, indicating strong pricing and cost control. Demand for Caribbean, Europe, and Alaska cruises is robust, with no visible risks to Q4 outlook. Higher fuel prices could reduce fiscal 2026 and 2027 earnings by $0.07 and $0.29 per share, respectively, according to UBS.

Carnival Corp (CCL) shares have dropped 27% since August due to rising oil prices. BofA cut its price target to $38 from $42, citing higher fuel costs. The bank reduced its Q4 EPS estimate to $0.20 from $0.27 and its 2027 estimate to $2.50 from $2.68. Despite this, BofA maintains a 'buy' rating, noting stable demand and positive spending data.

Carnival Corp (CCL) is seen as undervalued by investors ahead of its Q3 earnings release. Its forward P/E ratio is 10x, below its 2-year average. The company reported Q2 revenue growth of 5.76% and EPS of $0.41, with guidance for 2026 EPS at $2.22. It generated $1.755 billion in free cash flow last quarter, with a TTM FCF of $3.2 billion. Analysts forecast 2027 revenue of $28.59 billion, potentially leading to a higher stock price.

Carnival Corp (CCL) faces higher fuel costs and softer pricing, leading Jefferies to cut its earnings estimates. The broker reduced 2026 revenue and 2026-2027 EPS forecasts, citing unhedged fuel price exposure and lower revenue per passenger. Jefferies maintained a 'buy' rating but lowered its price target to $33 from $35.

Royal Caribbean (RCL) fell 5% after announcing a $3B deal for a 50% stake in Sandals and Beaches Resorts, at 10x forward EBITDA. Carnival (CCL) and Norwegian (NCLH) also dropped 3% each, extending their YTD declines of 28% and 38% respectively. The deal is debt-funded and expected to close early next year, with earnings accretion anticipated later.

Carnival Corp. (CCL) stock is set for a sixth weekly decline ahead of Q3 earnings, with analysts citing high fuel costs and Caribbean pricing pressure. Stifel and Barclays cut price targets but maintained 'Buy' and 'Overweight' ratings, respectively. CCL is expected to report $8.4B revenue and $1.35 EPS on Sept. 29. The stock is down 26% YTD.

Wall Street held near record highs on Tuesday, with the S&P 500 0.4% below its all-time high. Brent oil fell 0.7% to $99.68 per barrel, easing pressure on stocks. AutoZone and Thor Industries reported stronger-than-expected profits, while On Holding's stock surged 12.4% after announcing financial goals and a stock buyback plan. Oil and gas stocks, like ConocoPhillips, and banks, such as JPMorgan Chase, declined.

TD Cowen reduced its price target for Carnival Corporation (CCL) to $32 from $34, citing higher fuel costs. The stock trades near its 52-week low, with a Buy rating maintained. Key focus areas include fuel costs, demand, and bookings. Other firms also lowered targets due to fuel and capacity concerns. CCL is scheduled to report Q3 2026 results on Sept. 29.

Carnival Corporation plans to have 18 LNG-capable ships by 2033, representing about a third of its passenger capacity. The company acknowledges methane emissions as a climate concern, noting that methane slip from engines can impact the environmental benefits of LNG. The fleet includes vessels from multiple cruise brands, with new additions scheduled through 2028.

Carnival Corporation (CCL) is set to report Q3 earnings on Sept. 29, with analysts expecting $1.35 EPS and $8.4B revenue. Shares fell 1.5% on Friday. Analysts have mixed ratings and adjusted price targets, ranging from $29 to $35.