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Stock impact report

Wells Fargo Raises Carnival (CCL) PT to $38 on Strong 2026 Yield Guidance and EPS Beat [Yahoo! Finance]

Carnival Corporation (CCL) 
Last carnival corporation earnings: 4/3 12:51 pm Check Earnings Report
Company Research Source: Yahoo! Finance
raised the firm's price target on Carnival to $38 from $35 while keeping an Overweight rating on the shares. This decision was posted after the company announced its Q4 2025 earnings report. Carnival successfully addressed investor anxiety regarding 2026 yields and rising Caribbean competition by issuing strong yield growth guidance. The company's projected EPS surpassed market expectations, which is a trend that the firm attributed largely to the benefit of declining fuel expenses. In this Q4 report, which was announced on December 19, Carnival Corporation disclosed achieving a net income of $454 million, which was 2.5x higher than the previous year and exceeded guidance by $154 million. This capped off a historic 2025, where net income surged 60% over 2024 levels. Looking ahead to 2026, Carnival forecasts net income to exceed $3.45 billion, which is a further 12% improvement over 2025. The company was also able to record $6.33 billion in quarterly revenues, which was a 6.60% ris Show less Read more
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