Based on the provided data and news analysis, here's the prediction for CCL's stock price next week:
Technical Analysis
News Sentiment Analysis
Price Prediction for Next Week Based on technical and fundamental factors:
Trading Recommendation: BUY
Rationale: Strong fundamentals with record bookings, positive technical indicators, and upcoming catalysts like Celebration Key opening support an upward price movement. The stock shows momentum above both 20-day and 60-day SMAs, indicating a bullish trend.
The price of CCL is predicted to go up -3.13%, based on the high correlation periods with FRME. The similarity of these two price pattern on the periods is 90.99%.
CCL
FRME
Year
CCL Price Forecast($)
Potential Return(%)
2025
30.000
23.610
2026
30.000
23.610
2027
35.000
44.210
2028
35.000
44.210
2029
40.000
64.810
2030
40.000
64.810
As Carnival continues to optimize occupancy, passenger counts and yields could rise at a faster pace than we currently anticipate.
A more efficient fleet composition (after pruning 26 ships between 2020-22) may benefit the cost structure to a greater degree than initially expected, with the fleet at full deployment.
Despite a temporary pause in Asia-Pacific, a return to the market remains promising after covid, as the four largest operators had capacity for nearly 4 million passengers in 2020, signaling an opportunity for long-term growth with a returning consumer base.
Truist Securities
Price Target
$29 → $30
Upside
+17.97%
Stifel
Price Target
$32 → $34
Upside
+32.12%
Barclays
Price Target
$31 → $32
Upside
+24.34%