Carnival Stock Ends 2025 on a High Seas Note
2025-12-22 12:32:00 ET
Better late than never, Carnival Corp. (NYSE: CUK) (NYSE: CCL) . The country's largest cruise line stock -- by fleet capacity and revenue -- saw its shares soar 10% on Friday after posting better-than-expected fiscal fourth-quarter results earlier in the day . At least six major Wall Street analyst firms have boosted their price targets on the stock following the well-received financial update.
Carnival and smaller rivals Royal Caribbean (NYSE: RCL) and Norwegian Cruise Line (NYSE: NCLH) had disappointed the market last time out. Carnival's year-over-year revenue rose a modest 3% for its fiscal third quarter . It landed ahead of Wall Street profit targets, but this was the first time it hasn't posted a bottom-line beat in the double if not triple digits in more than two years.
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