Tigress Financial Raises Carnival (CCL) PT to $40 After Record Q3 2025 Earnings, Strong Forward Bookings

Carnival Corporation & plc (NYSE:CCL) is one of the best high volume stocks to buy according to Wall Street analysts. On October 15, Tigress Financial raised the firm’s price target on Carnival to $40 from $38 and kept a Buy rating on the shares as the firm noted the company’s recently reported record Q3 2025 results. The analyst also added that forward bookings and guest deposits at these record levels give the company revenue visibility into 2026.

The firm’s 12-month price target represents a potential upside of close to 38% from current levels. In Q3 2025, Carnival Corporation achieved an all-time high net income of $2 billion, which surpassed the pre-pandemic benchmark by ~10%.

Carnival also raised its full-year 2025 net income guidance for the third time, now anticipating ~$2.9 billion or $2.14 per share to reach ~$7.1 billion, a 15% improvement over 2024. CEO Josh Weinstein confirmed that demand remains strong, with record pricing levels for both North American and European bookings, and bookings for 2026 are nearly half full at higher prices, with 2027 bookings off to a record start

Carnival Corporation & plc (NYSE:CCL) is a cruise company that provides leisure travel services in North America, Australia, Europe, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour & Other.

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Disclosure: None. This article is originally published at Insider Monkey.