• Susquehanna upgraded Carnival Corporation (NYSE:CCL) to Positive and increased the price target from $30 to $35.
• Carnival forecasts a strong financial performance with an adjusted net income of approximately $2.93 billion, surpassing analysts' expectations.
• The stock price reflects a decrease of 3.98%, with significant volatility observed over the past year.

Carnival Corporation (NYSE:CCL), a leading cruise operator known for its diverse fleet and global reach, received an upgrade on its stock rating to Positive by Susquehanna on September 30, 2025, maintaining a hold on the stock. At this time, the stock price was $29.40. Susquehanna also increased the price target from $30 to $35, as highlighted by TheFly.

Carnival has shown strong financial performance, increasing its full-year earnings forecast for the third consecutive quarter. The company now expects an adjusted net income of approximately $2.93 billion, up by $235 million from its June projection. This new forecast exceeds analysts' expectations of $2.76 billion, indicating strong forward bookings and improving net yields.

Despite the positive outlook, CCL's stock price is currently $29.40, reflecting a decrease of 3.98% with a change of $1.22. The stock has fluctuated today between a low of $28.82 and a high of $32.50. Over the past year, CCL has seen a high of $32.80 and a low of $15.07, showing significant volatility.

Carnival's market capitalization stands at approximately $38.45 billion, reflecting its substantial presence in the cruise industry. The trading volume for the day is 88.49 million shares, indicating active investor interest. As a major player in the cruise sector, Carnival competes with other operators like Royal Caribbean and Norwegian Cruise Line.