La cadena de opciones muestra datos clave de las opciones de acciones de Carnival a varios precios de ejercicio y fechas de vencimiento. Los operadores utilizan esta información para analizar posibles operaciones y evaluar el sentimiento del mercado para Carnival..

Carnival (NYSE:CCL) Bolsa, Cadena de Opciones

Carnival

Carnival is the largest global cruise company, with more than 90 ships in service at the end of fiscal 2024. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted 14 million guests in 2024.

Rheinmetall

Personal Finance

CNTY

GDEN

Susie Lee compró acciones de Rheinmetall antes de un alza del 240%, mientras el Congreso debate prohibir la negociación de acciones.

Polémica en el Congreso de EE.UU.: Congresista gana con acciones de armamento en medio de conflicto internacional

cruise-ship-1108961

News

Las acciones de Carnival suben tras las fuertes ganancias de Royal Caribbean, que apuntan a una fuerte demanda en la industria de cruceros.

Carnival (CCL) sube brevemente tras sólidos resultados de Royal Caribbean

FedEx.Shutterstock

Equities

Market Summary

Pre-Market Outlook

Markets

MNSO

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este viernes: NIO, CCL, FDX, NKE y MNSO.

5 acciones en el foco este viernes: NIO, CCL, FDX, NKE y MNSO

Carnival Corp

CareCloud Inc

CareCloud, Inc. - 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock

CareCloud Inc 11 % Cum Red Perp Pfd Registered Shs Series -A-

CC LAND HOLDINGS LTD ORD by CC Land Holdings Ltd.

C C Land Holdings Ltd

CCL INDUS INC CL (A) ORD by CCL Industries Inc.

CCL Industries Inc

CSI Compressco LP Com Unit

Chori Co Ltd

CABLECLIX (USA) INC by CableClix (USA), Inc.

CableClix (USA) Inc

Carnival Corporation &amp;&nbsp;plc ((NYSE/LSE: CCL, NYSE:<a href="https://www.benzinga.com/stock/CUK#NYSE">CUK</a>) (the "Company") today announced that it has successfully arranged a new $4.5 billion multi-currency revolving credit facility (the "New Revolver"). &nbsp;The New Revolver matures in June 2030 and will replace the existing multi-currency revolving credit facility of Carnival Holdings (Bermuda) II Limited, a subsidiary of Carnival Corporation. The New Revolver also contains an accordion feature, allowing for up to $1.0 billion of additional revolving commitments.

Carnival Corp & Plc Arranges New $4.5B Multi-Currency Revolving Credit Facility

Stock trading by US politicians has long been a controversial issue, sparking widespread calls for a ban on the practice. Sen. Mark Kelly (D-AZ) and Sen. Jon Ossoff (D-GA) in May <a href="https://www.yahoo.com/news/democrats-reintroduce-congressional-stock-trading-193839716.html">reintroduced</a> the Ban Congressional Stock Trading Act, which aims to prevent members of Congress from directly trading stocks that could create conflicts of interest.
Rep. Susie Lee (D-NV) is drawing attention for a stock trade that has raised eyebrows.
Don't Miss:
<ul class="wp-block-list">
<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — <a href="https://www.benzinga.com/money/boxabl-scaling-fast-from-spacex-orders-to-600-homes-built-this-60k-foldable-home-may-be-the-future-of-housing">this is your last chance to become an investor for $0.80 per share.</a></li>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – Many are rushing to <a href="https://www.benzinga.com/money/mode-mobile-2">grab 4,000 of its pre-IPO shares for just $0.30/share!</a></li>
</ul>
According to public <a href="https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2024/20025096.pdf">disclosures</a>, Lee bought shares of German arms manufacturer Rheinmetall, worth between $1,000 and $15,000, on May 10, 2024. Since then, the stock is up 240% as of June 12. Lee <a href="https://susielee.house.gov/subcommittee-military-construction-veterans-affairs-and-related-agencies">sits</a> on the Subcommittee on Military Construction, Veterans Affairs, and Related Agencies, which oversees funding for US military infrastructure and veterans' services.&nbsp;
Rheinmetall is Germany's biggest arms manufacturer. It makes tanks, armored vehicles, artillery systems, military electronics, drone systems and mobility components. The company's chief executive, Armin Papperger, said during an <a href="https://seekingalpha.com/article/4785204-rheinmetall-ag-rnmbf-q1-2025-earnings-call-transcript">earnings call</a> in May that NATO chief Mark Rutte told him that the alliance's member states should be able to increase their military spending to 3.5% of their gross domestic product.
Rutte recently <a href="https://www.reuters.com/business/aerospace-defense/natos-rutte-says-he-assumes-alliance-will-agree-5-spending-target-2025-05-26/">said</a> that he expects NATO members to agree to a broad defence spending target of 5% of GDP during a summit in The Hague later this month, Reuters reported.
Trending: Invest where it hurts — and help millions heal:<a href="https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market"> Invest in Cytonics and help disrupt a $390B Big Pharma stronghold</a>.
President Donald Trump has repeatedly urged European nations to increase their defense spending and has suggested reducing American contributions to NATO.
&#8220;I said if you&#8217;re not going to pay, we&#8217;re not going to defend… if you&#8217;re not going to pay your bills, we&#8217;re not going to defend you,&#8221; Trump <a href="https://www.cbsnews.com/news/trump-nato-article-5-collective-defense-europe-doubt-us-treaty-commitment/">told</a> reporters in March.
Major European countries, including Germany, are launching a rearmament plan to boost the region's defenses. The EU leaders earlier this year <a href="https://edition.cnn.com/2025/03/07/europe/europe-security-urkraine-defense-explainer-intl-hnk">agreed</a> to potentially free up billions of euros to ensure Europe's security.&nbsp;&nbsp;
See Also: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>.&nbsp;
<h2 class="wp-block-heading">Lee's Recent Stock Trades</h2>
Rheinmetall is not the only notable stock trade by Lee. According to stock trading data platform <a href="https://www.quiverquant.com/congresstrading/politician/Susie%20Lee-L000590">Quiver Quantitative</a>, Lee has been actively trading stocks since 2019. She sold casino operator Full House Resorts (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLL#NASDAQ">FLL</a>) shares, worth up to $50,000 on March 28, according to her public filings.She also sold several key stocks in March, including Marriott International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>), MGM Resorts International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGM#NYSE">MGM</a>), Golden Entertainment Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDEN#NASDAQ">GDEN</a>), Century Casinos Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNTY#NASDAQ">CNTY</a>) and Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>), public filings show.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
<li>Inspired by Uber and Airbnb &#8211; Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets &#8211; <a href="https://www.benzinga.com/money/how-peter-thiel-turned-his-roth-ira-into-5-billion-and-why-accredited-investors-are-now-eyeing-this-smartphone-disruptor">with $1,000 you can invest at just $0.30/share!</a></li>
</ul>
Image: AI

House Military Subcommittee Member Susie Lee Bought This European Weapons Stock  — It's Up 240% Since

Oil is on track for its strongest weekly rally in nearly three years as traders brace for a possible supply crunch after Israel launched major airstrikes against Iran's nuclear and missile infrastructure, reigniting fears of broader conflict <a href="https://www.benzinga.com/topic/middle-east">in the Middle East.</a> 
West Texas Intermediate crude futures briefly spiked as high as $77.50 per barrel during the Asian session before easing to $73 by 8:00 a.m. in New York, still 7% above Thursday&#8217;s close. 
For the week, oil prices – as tracked by the United States Oil Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/USO#NYSE">USO</a>) &#8211; have risen by nearly 13%, their largest weekly gain since October 2022.
U.S. gasoline futures were up 4% on Friday to $2.21 a gallon, heading for the strongest weekly rally in three months.
The Israeli strikes killed top Iranian military officials and targeted critical installations, including nuclear and ballistic missile sites, raising the specter of retaliatory moves that could disrupt vital oil flows in the region.
<h2 class="wp-block-heading">Oil Set For Strongest Weekly Rally Since 2022 As Middle East Tensions Flare</h2>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="528" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13080023/image-219-1024x528.png" alt="" class="wp-image-948898" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13080023/image-219-1024x528.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13080023/image-219-300x155.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13080023/image-219-768x396.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13080023/image-219-1536x792.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13080023/image-219-2048x1056.png 2048w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Chart: TradingView
<h2 class="wp-block-heading">How High Could Oil Go? ING Analyst Sees $120 Risk Scenario</h2>
Warren Patterson, head of commodity strategy at ING, said Iran's role in the global oil market makes the situation highly sensitive. 
"Iran is a meaningful oil producer, pumping 3.3 million barrels per day and exporting around 1.7 million," he said in a research report Friday.
Patterson said disruptions could hit the Strait of Hormuz, a maritime chokepoint that handles nearly one-third of global seaborne crude shipments, in a scenario of continued escalation.
"It still leaves roughly 14 million barrels per day of oil supply at risk," he said, noting that a serious disruption could push prices to $120 per barrel.
He added that Brent crude could test its all-time high of nearly $150 per barrel if disruptions persist toward year-end.
"The renewed standoff between the two countries risks spiraling into a wider conflict," said Alejandro Cuadrado, a strategist at BBVA. He said the volatility spike in oil may spill over into other markets over the weekend.
<h2 class="wp-block-heading">Wall Street Pulls Back: Energy And Defense Names Surge, Travel Stocks Hit Hard</h2>
U.S. equity futures slid Friday as investors reacted to escalating Middle East tensions, with broad declines across major indexes. The S&amp;P 500 fell 0.9%, the Dow Jones Industrial Average lost 1% and the Nasdaq 100 dropped 1.1%.
Energy stocks outperformed sharply during premarket trading, buoyed by the surge in crude prices. Occidental Petroleum Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXY#NYSE">OXY</a>) rose 4.8% to $46.91, APA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APA#NASDAQ">APA</a>) added 4.76% and Diamondback Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NASDAQ">FANG</a>) advanced 4.68%. 
Oilfield service firms joined the rally, with Halliburton Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAL#NYSE">HAL</a>) and Schlumberger Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLB#NYSE">SLB</a>) both gaining over 4%.
Defense contractors also moved up. Northrop Grumman Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) rose 3.94% to $516.71, while Lockheed Martin Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>) and RTX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTX#NYSE">RTX</a>) climbed 3.1% and 4%, respectively.
By contrast, travel stocks faced heavy pressure as higher energy costs and geopolitical uncertainty pressured the sector. Carnival Corp. &amp; plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) sank 5.24%, United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) fell 4.82% and Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) slid 4.58%.
Read now: <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45922984/trump-numbskull-fed-powell-inflation-interest-rates-israel-iran-oil">Trump&#8217;s &#8216;Numbskull&#8217; Insult Comes Back To Bite—In Record Time</a>
Photo: Shutterstock

Commodities

FANG

The $120 Oil Shock Just Became A Real Risk: Are We Back In 2022?

WIIM

NCLH

Shares of cruise stocks are trading lower following Israel's strikes on Iran, which have raised fuel prices and could cloud travel demand outlook.

Stifel analyst Steven Wieczynski maintains Carnival (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) with a Buy and raises the price target from $31 to $33.

Price Target

Analyst Ratings

Stifel Maintains Buy on Carnival, Raises Price Target to $33

It's been smooth sailing for Carnival Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) in recent months, while rival Norwegian Cruise Line Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) is still <a href="https://www.benzinga.com/quote/NCLH/news">navigating choppy waters</a>.
However, according to JPMorgan analyst Matthew R. Boss, 2026 could be the year Norwegian flips the script.
<h2 class="wp-block-heading">What&#8217;s Been Driving Carnival&#8217;s 20% Bullish Streak?</h2>
Carnival stock has surged over 20% in the past month and is up nearly 47% year-over-year. The company continues outperforming thanks to strong booking trends, disciplined pricing, and a Europe-focused strategy that's paying off. CEO Josh Weinstein is steering Carnival with a clear focus on yield optimization, margin expansion, and cost discipline. The launch of Celebration Key in the third quarter and over six quarters of margin improvement are fueling bullish sentiment.
Boss highlights Carnival's balance sheet progress as another catalyst, noting the company could hit its investment-grade leverage target ahead of schedule &#8211; potentially unlocking share buybacks or dividends down the line.
Read Also: <a href="https://www.benzinga.com/general/travel/25/05/45680686/premium-travel-demand-gives-airlines-hotels-and-cruises-an-edge-in-2025-goldman-sachs">Premium Travel Demand Gives Airlines, Hotels And Cruises An Edge in 2025: Goldman Sachs</a>
<h2 class="wp-block-heading">Down, But Not Out &#8211; What&#8217;s Behind Norwegian&#8217;s 40% Potential Upside?</h2>
Meanwhile, Norwegian shares have lagged, down over 24% year-to-date despite a 10% rebound in the last month. Still, JPMorgan is sticking with its Overweight rating and a $28 price target &#8211; suggesting over 40% upside from here. The firm hosted Norwegian's top execs in Miami and came away with cautious optimism.
CFO Mark Kempa acknowledged soft demand in the third quarter, especially for longer European itineraries, but emphasized a return to healthy booking levels. More importantly, Norwegian sees a clear path to recapturing occupancy and yield growth by FY26. Management aims for 104.9% occupancy next year &#8211; well above current levels &#8211; paired with a greater mix of higher-yielding 7-day cruises.
Luxury brands Regent and Oceania are other long-term levers, with new leadership aiming to boost margins to peer levels. Norwegian is tightening up behind the scenes on the cost front without touching the guest experience &#8211; an approach that&#8217;s already lifting satisfaction scores.
Carnival may be the current winner of the cruise wars, but Norwegian isn't out of the race. JPMorgan sees a compelling setup for long-term investors willing to wait for smoother seas in 2026.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45572655/bofa-sees-mixed-signals-in-leisure-sector-highlights-strength-in-premium-travel-and-cruise-stability">Bank Of America Sees Mixed Signals In Leisure Sector, Highlights Strength In Premium Travel And Cruise Stability</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Travel

Cruise Wars: Carnival Rides Momentum, While Norwegian Plays The Long Game

Citigroup analyst James Hardiman maintains Carnival (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) with a Buy and raises the price target from $25 to $28.

Citigroup Maintains Buy on Carnival, Raises Price Target to $28

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Loop Capital raised Carnival Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) price target from $21 to $22. Loop Capital analyst Laura Champine maintained a Hold rating. Carnival shares closed at $23.54 on Monday. See how other analysts <a href="https://www.benzinga.com/quote/CCL/analyst-ratings">view this stock</a>.</li>
<li>Morgan Stanley boosted the price target for Kymera Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KYMR#NASDAQ">KYMR</a>) from $49 to $79. Morgan Stanley analyst James Quigley upgraded the stock from Equal-Weight to Overweight. Kymera Therapeutics shares closed at $43.13 on Monday. See how other analysts <a href="https://www.benzinga.com/quote/KYMMR/analyst-ratings">view this stock</a>.</li>
<li>Craig-Hallum raised Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) price target from $10 to $12. Craig-Hallum analyst George Sutton maintained a Buy rating. Applied Digital shares closed at $10.14 on Monday. See how other analysts <a href="https://www.benzinga.com/quote/APLD/analyst-ratings">view this stock</a>.</li>
<li>Baird raised the price target for The Toro Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TTC#NYSE">TTC</a>) from $84 to $85. Baird analyst Timothy Wojs maintained a Neutral rating. Toro shares closed at $74.63 on Monday. <a href="https://www.benzinga.com/quote/TTC/analyst-ratings">See how other analysts view this stock.</a></li>
<li>UBS increased the price target for Mastercard Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>) from $660 to $670. UBS analyst Timothy Chiodo maintained a Buy rating. Mastercard shares closed at $581.22 on Monday. See how other analysts <a href="https://www.benzinga.com/quote/MA/analyst-ratings">view this stock</a>.</li>
<li>Wells Fargo cut Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) price target from $130 to $125. Wells Fargo analyst Sam Reid maintained an Overweight rating. Toll Brothers shares settled at $103.31 on Monday. <a href="https://www.benzinga.com/quote/TOL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Barclays cut FedEx Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) price target from $350 to $330. Barclays analyst Brandon Oglenski maintained an Overweight rating. FedEx shares closed at $217.89 on Monday. <a href="https://www.benzinga.com/quote/FDX/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan raised Roblox Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBLX#NYSE">RBLX</a>) price target from $80 to $100. JP Morgan analyst Cory Carpenter maintained an Overweight rating. Roblox shares closed at $89.91 on Monday.  <a href="https://www.benzinga.com/quote/RBLX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Rosenblatt increased the price target for The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) from $135 to $140. Rosenblatt analyst Barton Crockett maintained a Buy rating. Disney shares settled at $112.93 on Monday. <a href="https://www.benzinga.com/quote/DIS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan raised Pinterest, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) price target from $35 to $40. JP Morgan analyst Doug Anmuth upgraded the stock from Neutral to Overweight. Pinterest shares closed at $31.92 on Monday. <a href="https://www.benzinga.com/quote/PINS/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying DIS stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/DIS/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="591" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03093642/image-32-1024x591.png" alt="" class="wp-image-936756" style="width:636px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03093642/image-32-1024x591.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03093642/image-32-300x173.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03093642/image-32-768x443.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/03093642/image-32.png 1117w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read This Next:
<ul class="wp-block-list">
<li> <a href="https://www.benzinga.com/cannabis/25/06/45719976/wall-streets-most-accurate-analysts-give-their-take-on-3-tech-and-telecom-stocks-delivering-high-dividend-yields-4">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks Delivering High-Dividend Yields</a></li>
</ul>
Photo via Shutterstock

Trading Ideas

APLD

KYMR

PINS

RBLX

Disney To Rally Around 24%? Here Are 10 Top Analyst Forecasts For Tuesday

Loop Capital analyst Laura Champine maintains Carnival (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) with a Hold and raises the price target from $21 to $22.

Loop Capital Maintains Hold on Carnival, Raises Price Target to $22

Shares of cruise stocks are trading higher, possibly amid overall market strength after President Trump delayed 50% EU tariffs to July. The industry may also be experiencing a rise due to a surge in travel during Memorial Day weekend.

Shares of Carnival Corporation &amp; plc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) are trading lower Friday. This is despite analyst predictions of <a href="https://www.benzinga.com/25/05/45410216/cruises-set-sail-ahead-of-summer-boom-these-3-sp-500-stocks-show-strongest-late-may-seasonality">strong summer bookings</a>.
That&#8217;s why it&#8217;s Benzinga&#8217;s Stock of the Day. It looks like the shares may find support and reverse and move higher.
The chart of Carnival illustrates two important market principles.
The first is that price levels that had been support can turn into resistance levels. In December the $23.30 level was support. In May it became a resistance level.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="569" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23114954/CCL-1024x569.png" alt="" class="wp-image-926333" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23114954/CCL-1024x569.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23114954/CCL-300x167.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23114954/CCL-768x427.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23114954/CCL.png 1480w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Support can turn into resistance because of buyer remorse. Many of the people who purchased shares while they were at support decided they made a mistake when the support broke, and the price moved lower.
Some of them decided that if they could eventually sell their shares at breakeven, they would. So when the stock finally rallied back to $23.30 in May, they placed sell orders. A large number of these orders created resistance at the price that had been supporting.
Read Also: <a href="https://www.benzinga.com/25/05/45582789/warren-buffetts-berkshire-hathaway-runs-the-dirtiest-coal-plants-in-americaand-his-successor-greg-abel-is-defending-them-despite-starting-out-in-clean-energy">Warren Buffett&#8217;s Berkshire Hathaway Runs The Dirtiest Coal Plants In America: His Successor Greg Abel Is Defending Them Despite Starting Out In Clean Energy</a>
The second principle shown on the chart is how a price that has been resistance can turn into support. This is what happened with the $21.50 level. It was resistance in March and now it has become support.
Resistance can become support because of seller remorse.
Some of the traders and investors who sold shares at the resistance in March came to regret their decisions to do so when the resistance broke and the stock moved higher. Many of them vowed to buy their shares back if they could eventually get them for the same price they were sold at.
As a result, now that the shares have dropped back to around $21.50, these remorseful sellers are placing buy orders. The large amount of these orders has formed support at the level.
Successful traders let the market tell them what to do.
If a stock is trading higher, they may use a former support level as their target because they know there is a good chance there will be resistance there. If a stock is trending lower, they may decide to buy it at a price that has been resistance because they know there is a good chance there will be support at that zone.
Read Next:.
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45585283/trump-tariff-threat-hits-europe-stocks-sink-as-50-duties-loom">Trump Tariff Threat Hits Europe: Stocks Sink As 50% Duties Loom</a></li>
</ul>
Photo: Shutterstock

Technicals

Stock Of The Day: Carnival Finds Support Amid Summer Travel Hopes

Truist Securities analyst Patrick Scholes maintains Carnival (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) with a Hold and lowers the price target from $30 to $27.

Truist Securities Maintains Hold on Carnival, Lowers Price Target to $27

Cruise line stocks are historically among the strongest seasonal performers in the S&amp;P 500 heading into the second half of May, with Royal Caribbean Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>), Norwegian Cruise Line Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) and Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) averaging double-digit returns over a <a href="https://www.benzinga.com/topic/seasonality">three-week window.</a>
Historical data from Seasonax platforms shows that from May 14 to early June, these three stocks have consistently outperformed over the past decade, with average gains north of 10%. 
Among all S&amp;P 500 constituents, they rank at the very top for late-spring seasonality. Seasonal strength is typically fueled by ramping summer demand, strong forward bookings, and an uptick in consumer travel spending ahead of peak vacation months.
Here are the top five S&amp;P 500 stocks by average return in a three-week period starting from May 14:
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Stock</th>
<th>Avg. Return (Last 10 years)</th>
<th>Max Profit</th>
<th>Max Loss</th>
<th>Win Rate</th>
<th>Pattern Dates</th>
</tr>
</thead>
<tbody>
<tr>
<td>Norwegian Cruise Line</td>
<td>+13.75%</td>
<td>+149.63%</td>
<td>-6.59%</td>
<td>5/10</td>
<td>May 14 – Jun 7</td>
</tr>
<tr>
<td>Caesars Entertainment Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>)</td>
<td>+11.98%</td>
<td>+102.49%</td>
<td>-0.11%</td>
<td>9/10</td>
<td>May 14 – Jun 6</td>
</tr>
<tr>
<td>Royal Caribbean</td>
<td>+11.52%</td>
<td>+113.71%</td>
<td>-7.48%</td>
<td>6/10</td>
<td>May 14 – Jun 6</td>
</tr>
<tr>
<td>Carnival Corp.</td>
<td>+11.28%</td>
<td>+103.02%</td>
<td>-5.19%</td>
<td>5/10</td>
<td>May 14 – Jun 6</td>
</tr>
<tr>
<td>Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>)</td>
<td>+10.69%</td>
<td>+88.13%</td>
<td>-4.95%</td>
<td>8/10</td>
<td>May 14 – Jun 7</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Source: Seasonax</figcaption></figure>
<h3 class="wp-block-heading">RCL Sees Strong Summer Bookings</h3>
In a note from late April, Goldman Sachs analyst Lizzie Dove pointed to a strong reversal in booking momentum despite broader macro uncertainty and uneven travel data across the sector.
April bookings at RCL exceeded the same month last year, while close-in bookings remained firm. 
The company also reported stronger-than-usual onboard spending and pre-cruise purchases. Forward bookings for 2026 were tracking in line with 2024 levels but at higher prices—a sign of pricing power in an inflation-sensitive market.
With approximately 86% of the 2025 cruise calendar already booked, Dove's team raised their estimates and lifted the stock's price target from $245 to $260. However, they retained a slightly more cautious tone in 2026, pending more clarity on consumer resilience.
Since hitting tariff-driven lows on April 9, shares of RCL have surged 50% through mid-May —more than twice the gain of the S&amp;P 500. CCL shares matched the performance during the same period. 
<h3 class="wp-block-heading">NCLH Flags Demand Softness Amid Macro Pressures</h3>
In contrast, Norwegian Cruise Line is facing a different set of conditions. 
In early May, Bank of America analyst Andrew Didora highlighted NCLH as the first in the group to show softness in its 12-month forward-booked position.
While this wasn't viewed as unexpected—given the macro backdrop, consumer sentiment, and fare discounts introduced under the Oceania brand—it raised questions about forward pricing discipline across the cruise industry. Didora added that weakening demand isn't isolated to NCLH, and other operators may be seeing similar dynamics. 
BofA cut its 2025 and 2026 EPS forecasts for NCLH by 3% and 2%, now expecting $2.07 and $2.53, respectively. It revised the price objective down from $23 to $20 while maintaining a Neutral rating on concerns around leverage and top-line pressures.
Shares of NCLH have rallied 36% since April lows, underperforming versus peers. 
Read now: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/government/regulations/25/05/45298562/chipmakers-enter-bullish-seasonal-window-5-stocks-that-could-outperform">Chipmakers Enter Bullish Seasonal Window: 5 Stocks That Could Outperform </a></li>
</ul>
Photo: Shutterstock

ENPH

Cruises Set Sail Ahead Of Summer Boom: These 3 S&P 500 Stocks Show Strongest Late-May Seasonality

Proceeds from the offering of senior unsecured notes to be used to redeem $993 million 7.625% senior unsecured notes due 2026&nbsp;
MIAMI, May 12, 2025 /PRNewswire/ --&nbsp;Carnival Corporation &amp;&nbsp;plc ((NYSE/LSE: CCL, NYSE:<a href="https://www.benzinga.com/stock/CUK#NYSE">CUK</a>) today announced that Carnival Corporation (the "Company") priced its private offering (the "Notes Offering") of $1.0 billion aggregate principal amount of 5.875% senior unsecured notes due 2031 (the "Notes"). The Company expects to use the net proceeds from the Notes Offering to redeem the Company's $993 million 7.625% senior unsecured notes due 2026 (the "2026 Unsecured Notes").
The Notes Offering and the redemption of the 2026 Unsecured Notes are a continuation of the Company's strategy to reduce interest expense and manage its future debt maturities. The Company expects to reduce net annual interest expense by over $20 million through the scheduled maturity date of the 2026 Unsecured Notes as a result of the transaction and its partial redemption of $350 million of the 2026 Unsecured Notes earlier this year. In addition, the indenture that will govern the Notes will have investment grade-style covenants.
The Notes Offering is expected to close on May 21, 2025, subject to customary closing conditions. The previously announced redemption of the 2026 Unsecured Notes is expected to occur on May 22, 2025, and is conditioned on the closing of the Notes Offering.
The Notes will pay interest semi-annually on June 15 and December 15 of each year, beginning on December 15, 2025, at a rate of 5.875% per year. The Notes will be unsecured and will mature on June 15, 2031. The Notes will be fully and unconditionally guaranteed on an unsecured basis, jointly and severally, by Carnival plc and certain of the Company's and Carnival plc's subsidiaries that also guarantee our first-priority secured indebtedness, certain of our other unsecured notes and our convertible notes.

Offerings

Carnival Corporation Announces Pricing Of $1B 5.875% Senior Unsecured Notes Offering For Refinancing And Interest Expense Reduction

ABNB

ALGT

EXPE

Melco Resorts & Entertainment Limited - American Depositary Shares

MLCO

MMYT

PLAY

ULCC

WYNN

Shares of travel and leisure stocks are trading higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. This could reduce economic uncertainty that has been clouding travel and spending outlook.

Shares of travel-linked stocks are trading higher amid overall market strength following April's jobs data and reports that China's Commerce Ministry is assessing possible trade talks with the US. Better-than-feared jobs data and a potential trade deal could ease some concerns over consumer spending.

Shares of Carnival Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) fell 2.65% to $18.22 during Wednesday&#8217;s session following weaker-than-expected <a href="https://www.benzinga.com/news/earnings/25/04/45106948/norwegian-cruise-line-tumbles-after-earnings-miss-still-confident-in-2025-guidance">first-quarter earnings</a> from rival Norwegian Cruise Line Holdings Ltd, sparking renewed investor anxiety about softening demand and rising operational pressures across the cruise sector.
What To Know: Norwegian missed both earnings and revenue estimates for the <a href="https://www.benzinga.com/pressreleases/25/04/g45094877/norwegian-cruise-line-holdings-reports-first-quarter-2025-financial-results">first-quarter</a>, reporting adjusted EPS of 7 cents—22% below consensus—and a 2.9% year-over-year revenue decline, despite a robust delivery pipeline and a slew of capital investments, including the debut of its new Norwegian Aqua vessel.
The company also acknowledged pressures from reduced capacity days due to dry-docks, and flagged foreign exchange losses and softening booking trends, particularly in its 12-month forward position.
Read Also: <a href="https://www.benzinga.com/news/earnings/25/04/45099627/dell-technologies-stock-falls-alongside-super-micro-whats-going-on">Dell Technologies Stock Falls Alongside Super Micro: What&#8217;s Going On?</a>
For Carnival, the implications are significant. As an operator, Carnival is highly sensitive to shifts in consumer sentiment, macroeconomic weakness, and competitive pricing pressures. Norwegian's results suggest possible headwinds in occupancy and net yield growth—metrics closely watched across the industry.
Furthermore, Carnival&#8217;s own debt load and exposure to similar input costs, such as fuel and dry-dock expenses, could magnify the impact of such bearish signals.
With <a href="https://www.benzinga.com/economics/macro-economic-events/25/04/45100047/recession-odds-spike-wall-street-tumbles-as-q1-gdp-surprisingly-contracts-be-patient-trump-responds">recession concerns</a> mounting after a surprise U.S. GDP contraction, investors appear to be re-rating the near-term outlook for discretionary travel stocks.
Read Also: <a href="https://www.benzinga.com/25/04/45098912/caterpillar-faces-lower-q1-results-but-projects-flat-sales-in-2025-or-slight-decline-with-tariff-headwinds">Caterpillar Warns Of $250 Million To $350 Million Tariff Hit After Q1 Profit Miss</a>
<h2 class="wp-block-heading">How To Buy CCL Stock</h2>
By now you're likely curious about how to participate in the market for Carnival &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.
In the case of Carnival, which is trading at $18.22 as of publishing time, $100 would buy you 5.49 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, CCL has a 52-week high of $28.72 and a 52-week low of $13.78.

What's Going On With Carnival Stock Following Norwegian Cruise Line Earnings?

Shares of cruise stocks are trading lower in sympathy with Norwegian Cruise Line, which missed Q1 earnings and revenue estimates.

Rivals generally don't provide aid to each other, although in an indirect way, cruise ship operator Carnival Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) may be on the cusp of receiving residual benefits from its key competitor. Just recently, Royal Caribbean Cruises (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) posted its <a href="https://www.benzinga.com/movers-shakers/25/04/45066484/royal-caribbean-cruises-q1-benefits-from-strong-demand-stock-surges">first-quarter fiscal 2025 earnings</a> report and overall, the results were quite encouraging. It may be just what the CCL stock needs to find its footing following a rough outing so far this year.
On the top line, Royal Caribbean posted $4 billion, implying sales growth of 7.2% on a year-over-year basis. This figure only marginally missed the analysts' consensus target of $4.01 billion — not a bad showing considering the deflated macro environment, particularly in terms of <a href="https://www.benzinga.com/25/04/45074861/us-consumer-expectations-falls-to-13-year-lows-as-recession-fears-inflation-worries-surge">consumer sentiment</a>. Notably, passenger ticket revenues rose 7.9% year-on-year to $2.74 billion, while cruise operating expenses ticked up to $2.07 billion from $2.05 billion a year ago.
Royal Caribbean CEO Jason Liberty remarked that the company is navigating "the complexities of the current macroeconomic landscape" while implementing solutions to optimize revenue and manage costs.
Following the disclosure, RCL popped sharply higher during the premarket session. However, in the early hours of the open market session, the equity was volatile. Nevertheless, the core fundamental argument is that Royal's results may be signifying a <a href="https://www.benzinga.com/news/25/04/45071496/whats-going-on-with-carnival-stock-following-royal-caribbean-earnings">return of consumer demand</a> along with pricing power in the cruise industry.
<h2 class="wp-block-heading">Looking At The True Demand Profile Of CCL Stock</h2>
While the recent headlines deliver much-needed encouragement for Carnival investors, the reality is that it's one piece of a much bigger puzzle. At the most elemental level, the market makes a decision for any given time period whether to be a net buyer of CCL stock or not. This impetus, the trigger to transition from an observer to a buyer, is demand.
What makes demand such a compelling statistic is its binary nature. Unlike price, which is a continuous scalar signal (meaning that it theoretically extends into infinity), demand has boundaries. Demand is defined or discrete. By logical deduction, demand is either happening or it's not happening — there are no half-demand states.
Thanks to this fundamental attribute, demand represents one of the few metrics that can be meaningfully measured across sentiment regimes. In other words, prices often change over decades but the impetus to buy (or not to buy) largely remains the same: when a security is purchased, it's reasonable to assume that whatever was contextually meaningful at the point of transaction triggered the greed component of the fear-greed spectrum.
Using Markovian principles of probabilistic logic, these demand triggers can be quantified and categorized for empirical analysis. Specific to CCL stock, the security printed in the past 10 weeks a "4-6" sequence: four up weeks interspersed with six down weeks, with a negative trajectory across the period.
Generally, when this sequence flashes, the odds of upside success in the subsequent week (which corresponds with the business week beginning April 28) is around 55.1%, giving the bulls a slight edge. No, it's not a game-changing shift in the probabilities. However, in the prior 30 weeks leading up to the last-10-week period, the demand profile was up week dominant, 18 weeks up to 12 weeks down.
In other words, the last 10 weeks, with their bearishly dominated profile, may have been a brief corrective spell. Moving forward, it's quite possible that the bulls may attempt to take control.
<h2 class="wp-block-heading">Strategizing for the Potential Upswing</h2>
Forecasting isn't an exact science obviously. That said, based on empirical data projected forward, there's a possibility that CCL stock can drive above the $19.40 level, perhaps touch $19.50 over the next two to three weeks. With that in mind, the most aggressive multi-leg options strategy arguably available that's within the realm of rationality is the 18.50/19.50 bull call spread expiring May 16.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29150958/CCL-stock-10wk-forecast-1024x576.jpg" alt="" class="wp-image-893645" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29150958/CCL-stock-10wk-forecast-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29150958/CCL-stock-10wk-forecast-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29150958/CCL-stock-10wk-forecast-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29150958/CCL-stock-10wk-forecast.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image by author</figcaption></figure>
The above transaction involves buying the $18.50 call and simultaneously selling the $19.50 call, for a net debit paid of $50. Should CCL stock rise through the short strike price at expiration, the maximum reward stands at $50, a nice payout of 100%.
What makes this option strategy particularly sweet is twofold. First, the high payout implies that the market makers believe the odds of success are unfavorable. Nevertheless, the actual demand profile and empirical probabilities suggest otherwise. Second, implied volatility is several ticks lower than historic volatility, suggesting a lower overall premium to cover the risk of unexpected kinesis.
Bottom line? Wall Street right now appears to be discounting the idea that CCL stock can recover. This can be an intriguing contrarian opportunity, especially because it's offered at a relative discount.
Read next:
<ul>
<li><a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/04/45069781/trumps-first-100-days-what-he-delivered-where-he-fell-short-how-markets-reacted">Trump&#8217;s First 100 Days: What He Delivered, Where He Fell Short, How Markets Reacted</a></li>
</ul>
Photo: Shutterstock

Earnings

Long Ideas

Options

Options Corner: Carnival Could Be Setting Sail Toward A Contrarian Comeback

Carnival Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) shares initially gained 3% to $19.44 Tuesday morning, before reversing lower, amid Royal Caribbean's strong <a href="https://www.benzinga.com/movers-shakers/25/04/45066484/royal-caribbean-cruises-q1-benefits-from-strong-demand-stock-surges">first-quarter earnings</a>, potentially signaling robust consumer demand and pricing power in the cruise industry.
RCL stock traded higher by some 5% to $228.00 pre-market before dipping into the red during early Tuesday trading.
What To Know: Royal Caribbean reported a 26% jump in operating income to $945 million and <a href="https://www.benzinga.com/pressreleases/25/04/n45061747/royal-caribbean-group-reports-first-quarter-results-and-increases-full-year-guidance">an occupancy rate of 108.8%</a>, reflecting increased passenger demand. 
Passenger ticket revenue climbed nearly 8% year-over-year, and gross margin yields rose 13.9%, showing the cruise sector's ability to drive profitability despite macroeconomic pressures.
For Carnival, which operates under brands like Princess, Holland America, and Cunard, Royal Caribbean's success is a bullish signal. Both companies compete in similar markets and benefit from industry-wide tailwinds such as strong booking trends and pricing resilience. 
Importantly, Royal Caribbean raised its full-year adjusted EPS forecast significantly—from $14.35–$14.65 to $14.55–$16.55—on the back of yield growth and cost control, suggesting favorable conditions for peers like Carnival.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/04/45066479/rare-bullish-signal-just-flashed-on-wall-street-will-it-power-sp-500-to-6000">Rare Bullish Signal Just Flashed On Wall Street: Will It Power S&amp;P 500 To 6,000?</a>
<h2 class="wp-block-heading">How To Buy CCL Stock</h2>
By now you're likely curious about how to participate in the market for Carnival &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.
In the case of Carnival, which is trading at $18.49 as of publishing time, $100 would buy you 5.41 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, CCL has a 52-week high of $28.72 and a 52-week low of $13.78.

Comments

Carnival

Carnival (CCL) Opciones

Loading...

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL