CCL Stock Recent News

Shares of Carnival (CCL 0.37%) (CUK 0.10%) have more than doubled since bottoming out in 2022, but the stock has been volatile this year. It currently sits at around $23, down from its 52-week high of $28.72.

Summer is here. Although tariff uncertainty persists, summer-centric industries can offer Strong Buy-rated stocks despite market volatility. Certain sectors and industries have historically experienced an uptick or strong performance during the summer months due to shifts in consumer behavior. Consumer staples offer defensive, recession–resistant, and tariff-resilient characteristics, perfect throughout the year, especially following recent US-China trade truce violation accusations.

Carnival is delivering record revenue under robust demand, and margins above pre-pandemic levels, yet trades discounted to peers and history. The company is aggressively reducing debt, refinancing at lower rates, and hitting profitability targets ahead of schedule, strengthening its balance sheet. Despite market skepticism, Carnival's valuation is compelling, offering asymmetric upside for patient value investors as recovery becomes structural.

There were many businesses, particularly internet-enabled companies, that thrived during the pandemic. There were others, like Carnival (CCL 0.37%), that struggled because operations had to be temporarily shut down for safety concerns.

Carnival's stock has rebounded in recent months, supported by a momentum in favour of consumer discretionary stocks and its own robust financials. The company's Q1 2025 results surprised on the upside resulting in an upgrade in outlook for the year despite uncertainties persisting for the macroeconomy and the cruise sector. The stock's attractive market multiples also work in its favour, though in a year driven by news flow-related market fluctuations, it's best to have a medium-term investing horizon.

I have been in and out of Carnival a couple of times, and back in late 2023, I invested in Carnival for the first time in almost three years. While sitting on handsome gains, I delved deeper into the company's fleet modernization efforts to update my earnings model with a focus on revenue, NOPAT, and the capital base. Carnival's fleet modernization strategy involves three key elements, all of which could materially boost revenue growth. In Fiscal 2025, such efforts may explain some of the expected yield growth.

Carnival (CCL) closed at $23.16 in the latest trading session, marking a +0.7% move from the prior day.

CCL rides strong bookings, yield growth and debt cuts to lead cruise stocks, while NCLH lags with lower earnings momentum and rising leverage.

Explore the exciting world of Carnival Cruises (CCL -0.65%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!

Shares of Carnival Corporation & plc  CCL are trading lower Friday. This is despite analyst predictions of strong summer bookings.