Carnival Corporation (NYSE:CCL) Maintains "Hold" Rating Ahead of Earnings Release

Carnival Corporation (NYSE:CCL) is a major player in the cruise industry, known for its extensive fleet of ships and global reach. The company operates a variety of cruise brands, offering diverse travel experiences. As a leader in the sector, Carnival faces competition from other cruise lines like Royal Caribbean and Norwegian Cruise Line.

On June 23, 2025, Loop Capital Markets maintained its "Hold" rating for Carnival, with the stock priced at $23.77. This decision comes as Carnival prepares to release its second-quarter earnings on June 24. Analysts expect earnings of 24 cents per share, a notable rise from the 11 cents per share reported in the same quarter last year. Carnival's anticipated quarterly revenue is $6.21 billion, up from $5.78 billion a year ago.

This growth reflects the company's efforts to recover from past challenges. Recently, Carnival secured a $4.5 billion revolving credit facility, enhancing its financial flexibility and capacity for future operations. The stock price of CCL closed at $23.77, marking a 0.7% increase. The stock has traded between $23.63 and $23.90 today, with a market capitalization of approximately $30.85 billion. Over the past year, CCL's stock has fluctuated, reaching a high of $28.72 and a low of $13.78. With a trading volume of 17.48 million shares, Carnival's stock activity remains robust. As the company gears up for its earnings release, investors and analysts are closely watching its performance and strategic moves in the competitive cruise industry.