Carnival Corporation (NYSE:CCL) Financial Overview and Market Activity

• Loop Capital Markets analyst Laura Champine sets a price target of $22 for NYSE:CCL, indicating a potential downside.

• Anticipated Q2 earnings report showing significant year-over-year growth, with earnings expected to double and revenue to increase.

• Introduction of a new $4.5 billion revolving credit facility to enhance financial stability and liquidity.

Carnival Corporation (NYSE:CCL) is a major player in the cruise industry, known for its extensive fleet of ships and global reach. The company offers a variety of cruise experiences, catering to different demographics and preferences. As of June 23, 2025, Loop Capital Markets analyst Laura Champine set a price target of $22 for CCL, while the stock was trading at $23.77, indicating a potential downside of approximately -7.45%.

Carnival is preparing to release its second-quarter earnings results on June 24, 2025. Analysts expect the company to report earnings of 24 cents per share, a notable increase from the 11 cents per share reported in the same period last year. This anticipated growth reflects the company's efforts to recover and expand its operations post-pandemic. Additionally, Carnival is expected to announce quarterly revenue of $6.21 billion, up from $5.78 billion a year ago.

Recently, Carnival revealed a new $4.5 billion revolving credit facility, aimed at enhancing and extending its financial capacity. This move is part of the company's strategy to strengthen its balance sheet and ensure liquidity for future operations. The announcement of this credit facility coincided with a slight increase in Carnival's stock price, which closed at $23.77, reflecting a change of $0.16, or an increase of approximately 0.68%.

The current stock price of CCL is $23.77, with a trading range between $23.63 and $23.90 for the day. Over the past year, the stock has experienced a high of $28.72 and a low of $13.78, indicating significant volatility. Carnival's market capitalization stands at approximately $30.85 billion, with a trading volume of 17.48 million shares on the NYSE, highlighting investor interest and activity in the stock.