Where is Carnival Corporation & plc (CCL) Headed?

Carnival Corporation & plc (NYSE:CCL) is one of the best luxury stocks to buy now. Carnival Corporation & plc (NYSE:CCL) announced on February 5 the opening of new voyages by the Holland America Line across some of the most sought-after vacation regions. It announced around three dozen itineraries in 2027-2028, including Mexico, Hawaii, the Panama Canal, and the Pacific Coast, with the new season showcasing longer stays in Honolulu, Hawaii, and extended exploration of Mexico’s Sea of Cortez.

Carnival Corporation & plc (NYSE:CCL) also received rating updates from several analysts since the beginning of the year, including Citi, which reaffirmed a Buy rating on the stock on January 14 and set a $39 price target.

Carnival Corporation & plc (NYSE:CCL) also received a rating update from TD Cowen on January 13, which lifted the price target on the stock to $38 from $35 while maintaining a Buy rating. The firm adjusted price targets in the cruise lines group as part of its 2026 outlook and told investors that, despite Caribbean yield headwinds, the underlying cruise demand is strong, with capacity trends favorable through fiscal 2029. It thus expects share upside in 2026 as investors look past “temporary” Caribbean pressures.

Carnival Corporation & plc (NYSE:CCL) is a global cruise and luxury leisure travel company with a portfolio of cruise lines, including AIDA Cruises, Carnival Cruise Line, Princess Cruises, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), and more. Its segments are divided into NAA cruise operations, Europe cruise operations, Cruise Support, and Tour and Other.

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