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Upturn AI Summary - About
Carnival Corporation(CCL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CCL
09/25/2026: CCL (1-star) is currently NOT-A-BUY. Pass it for now.
Carnival Corporation is a global leader in the leisure travel sector, operating a large, diversified fleet of cruise ships under multiple well-known brands. The company's main strength lies in its significant scale and ability to offer diverse experiences across various price points, which has historically driven strong revenue. Its primary investment story centers on the ongoing recovery of the cruise industry and the potential for margin expansion through efficient capacity management. However, the company faces material risks from its substantial debt burden and the cyclical nature of travel demand. This stock may suit investors willing to accept volatility in exchange for potential recovery-led gains, though it is not currently a dividend-paying investment.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers potential for recovery-led growth but faces constraints from a heavy debt burden. |
| Momentum investor | Strong fit while signal remains positive | The stock can exhibit strong momentum during periods of positive travel industry sentiment and occupancy improvements. |
| Value investor | Mixed fit | Valuation may appear attractive following historical declines, but the underlying debt profile complicates the value proposition. |
| Dividend investor | Weak fit | The company does not currently provide a dividend yield, making it unsuitable for immediate income-focused investors. |
| Low-risk investor | Weak fit | The stock is subject to high volatility due to its cyclical nature and leverage profile. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock often reacts sharply to macroeconomic data and consumer confidence shifts. |
| Valuation risk | Medium / high | Market expectations for rapid recovery can lead to valuation premiums that may be vulnerable to earnings misses. |
| Competition risk (cruise industry rivalry) | Medium | Intense competition from RCL and NCLH can pressure pricing power and margins. |
| Business quality | Medium | While the brand portfolio is strong, the high leverage impacts the overall financial quality of the business. |
| Dividend income | Low / none | There is currently no income component to the investment thesis. |
| Execution risk | Medium / high | Successfully managing a massive, global, capital-intensive fleet requires precise operational execution. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit -18.27% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 29.84B USD | Price to earnings Ratio 9.82 | 1Y Target Price 33.99 |
Price to earnings Ratio 9.82 | 1Y Target Price 33.99 | ||
Volume (30-day avg) 20.9M shares | Beta 2.31 | 52 Weeks Range 21.45 - 33.49 | Updated Date 09/25/2026 |
52 Weeks Range 21.45 - 33.49 | Updated Date 09/25/2026 | ||
Dividends yield (FY) 1.38% | Basic EPS (TTM) 2.22 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Cruise Passenger Tickets | Revenue from base fare for cruises across all Carnival brands. | This is the primary way they make money; the more passengers they fill, the better. |
| Onboard and Other Revenue | Excursions, spa, beverage packages, and specialty dining. | High-margin spending on the ship is a key driver of profitability. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-09-29 | When Before Market | Estimate 1.36 | Actual - |
Profitability
Profit Margin 11.24% | Operating Margin (TTM) 12.79% |
Management Effectiveness
Return on Assets (TTM) 5.37% | Return on Equity (TTM) 26.69% |
Valuation
Trailing PE 9.82 | Forward PE 8.43 | Enterprise Value 53.79B | Price to Sales(TTM) 1.09 |
Enterprise Value 53.79B | Price to Sales(TTM) 1.09 | ||
Enterprise Value to Revenue 1.97 | Enterprise Value to EBITDA 7.51 | Shares Outstanding 1.37B | Shares Floating 1.27B |
Shares Outstanding 1.37B | Shares Floating 1.27B | ||
Percent Insiders 7.11 | Percent Institutions 71.69 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Carnival Corporation
Exchange NYSE | Headquarters Miami, FL, United States | ||
IPO Launch date 1987-07-24 | CEO & Director Mr. Joshua Ian Weinstein | ||
Sector Consumer Cyclical | Industry Travel Services | Full time employees 160000 | Website https://www.carnivalcorp.com |
Full time employees 160000 | Website https://www.carnivalcorp.com | ||
Carnival Corporation Ltd., a cruise company, provides leisure travel services. The company operates through four segments: North America Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations and islands, as well as owns and operates hotels, lodges, glass-domed railcars, and motorcoaches. The company offers its services under the AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises, and Seabourn brands. It sells its cruises through travel agents, tour operators, vacation planners, websites, and onboard future cruise consultants. Carnival Corporation Ltd. was founded in 1972 and is headquartered in Miami, Florida.
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