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Carnival Corporation (CCL, Hotels Resorts & Cruise Lines) Stock Valuation & Fair Value Mixed on our tests

Carnival Corporation (CCL, Hotels Resorts & Cruise Lines) trades at a blended P/E of 11.4, about 30% below its historical normal valuation, with a forward growth estimate of 15.1% and a PEG of 0.76. Analysts' one-year estimates have been hit 40% of the time. Priced at its historical normal P/E of 16.4 on the same blended earnings, the 2026-10-02 close of $25.76 corresponds to about $36.80 a share. This is a valuation reference, not a price target.

Blended P/E
11.4
Normal P/E
16.4
PEG
0.76
Fwd growth
15.1%
Div yield
2.3%
RSI (14)
63.1
Neutral
Technical context
  • Price $26.13 at the 2026-10-08 close, 10.9% above the 20-day average ($23.56) and 3.9% above the 50-day ($25.15).
  • RSI (14) at 63.1.
  • 52-week range $21.79 to $33.45: the price is 21.9% below the high and 19.9% above the low.
  • At its last earnings report the options market priced a 6.2% move.

The Street vs SeerForecast

Wall Street's mean price target for CCL is $33.93 across 26 analysts, 29.9% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: mixed on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been mixed on our tests since 2026-06-10.

Blended P/E and rating by weekBlended P/E moved from 12.3 to 11.4 between 2026-06-10 and 2026-10-02, against a normal P/E of 16.4, with 0 rating changes over 35 recorded weeks.2026-06-10: P/E 12.3, Mixed on our tests, recalculated for the week of 2026-06-102026-06-12: P/E 12.3, Mixed on our tests, recalculated for the week of 2026-06-142026-06-16: P/E 12.3, Mixed on our tests, recalculated for the week of 2026-06-162026-06-18: P/E 12.3, Mixed on our tests, recalculated for the week of 2026-06-212026-07-02: P/E 12.7, Mixed on our tests, recalculated for the week of 2026-07-022026-07-06: P/E 12.4, Mixed on our tests, recalculated for the week of 2026-07-062026-07-09: P/E 12.4, Mixed on our tests, recalculated for the week of 2026-07-092026-07-10: P/E 12.0, Mixed on our tests, recalculated for the week of 2026-07-122026-07-13: P/E 12.0, Mixed on our tests, recalculated for the week of 2026-07-132026-07-14: P/E 12.0, Mixed on our tests, recalculated for the week of 2026-07-142026-07-20: P/E 11.8, Mixed on our tests, recalculated for the week of 2026-07-202026-07-22: P/E 11.8, Mixed on our tests, recalculated for the week of 2026-07-222026-07-27: P/E 11.7, Mixed on our tests, recalculated for the week of 2026-07-272026-07-31: P/E 12.4, Mixed on our tests, recalculated for the week of 2026-07-312026-07-31: P/E 12.4, Mixed on our tests, recorded live 2026-08-032026-08-07: P/E 12.8, Mixed on our tests, recalculated for the week of 2026-08-072026-08-07: P/E 12.9, Mixed on our tests, recorded live 2026-08-102026-08-14: P/E 12.7, Mixed on our tests, recalculated for the week of 2026-08-142026-08-14: P/E 12.5, Mixed on our tests, recorded live 2026-08-172026-08-21: P/E 11.3, Mixed on our tests, recalculated for the week of 2026-08-212026-08-21: P/E 11.5, Mixed on our tests, recorded live 2026-08-242026-08-27: P/E 11.5, Mixed on our tests, recalculated for the week of 2026-08-272026-08-28: P/E 11.1, Mixed on our tests, recalculated for the week of 2026-08-282026-08-28: P/E 11.0, Mixed on our tests, recalculated for the week of 2026-08-302026-08-28: P/E 11.0, Mixed on our tests, recorded live 2026-08-312026-09-04: P/E 10.5, Mixed on our tests, recalculated for the week of 2026-09-052026-09-04: P/E 10.5, Mixed on our tests, recorded live 2026-09-072026-09-11: P/E 10.5, Mixed on our tests, recalculated for the week of 2026-09-122026-09-11: P/E 10.2, Mixed on our tests, recorded live 2026-09-142026-09-18: P/E 9.8, Mixed on our tests, recalculated for the week of 2026-09-192026-09-18: P/E 9.8, Mixed on our tests, recorded live 2026-09-212026-09-25: P/E 10.0, Mixed on our tests, recalculated for the week of 2026-09-262026-09-25: P/E 10.0, Mixed on our tests, recorded live 2026-09-282026-10-02: P/E 11.4, Mixed on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 11.4, Mixed on our tests, recorded live 2026-10-0510.012.014.016.0Jun 10Jul 8Aug 6Sep 4Oct 2Normal P/E 16.4
Mixed on our tests

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

Selected weeks: the first, the latest, and the cheapest and dearest.

WeekBlended P/EPremium to normal P/ERating
2026-06-10P/E 12.3-25%Mixed on our tests (recalculated)
2026-08-10P/E 12.9-21%Mixed on our tests
2026-09-19P/E 9.8-40%Mixed on our tests (recalculated)
2026-10-05P/E 11.4-30%Mixed on our tests ← now
Show all 35 weeks
WeekBlended P/EPremium to normal P/ERating
2026-06-10P/E 12.3-25%Mixed on our tests (recalculated)
2026-06-14P/E 12.3-25%Mixed on our tests (recalculated)
2026-06-16P/E 12.3-25%Mixed on our tests (recalculated)
2026-06-21P/E 12.3-25%Mixed on our tests (recalculated)
2026-07-02P/E 12.7-22%Mixed on our tests (recalculated)
2026-07-06P/E 12.4-24%Mixed on our tests (recalculated)
2026-07-09P/E 12.4-24%Mixed on our tests (recalculated)
2026-07-12P/E 12.0-27%Mixed on our tests (recalculated)
2026-07-13P/E 12.0-27%Mixed on our tests (recalculated)
2026-07-14P/E 12.0-27%Mixed on our tests (recalculated)
2026-07-20P/E 11.8-28%Mixed on our tests (recalculated)
2026-07-22P/E 11.8-28%Mixed on our tests (recalculated)
2026-07-27P/E 11.7-28%Mixed on our tests (recalculated)
2026-07-31P/E 12.4-24%Mixed on our tests (recalculated)
2026-08-03P/E 12.4-24%Mixed on our tests
2026-08-07P/E 12.8-22%Mixed on our tests (recalculated)
2026-08-10P/E 12.9-21%Mixed on our tests
2026-08-14P/E 12.7-23%Mixed on our tests (recalculated)
2026-08-17P/E 12.5-23%Mixed on our tests
2026-08-21P/E 11.3-31%Mixed on our tests (recalculated)
2026-08-24P/E 11.5-30%Mixed on our tests
2026-08-27P/E 11.5-30%Mixed on our tests (recalculated)
2026-08-28P/E 11.1-32%Mixed on our tests (recalculated)
2026-08-30P/E 11.0-33%Mixed on our tests (recalculated)
2026-08-31P/E 11.0-33%Mixed on our tests
2026-09-05P/E 10.5-36%Mixed on our tests (recalculated)
2026-09-07P/E 10.5-36%Mixed on our tests
2026-09-12P/E 10.5-36%Mixed on our tests (recalculated)
2026-09-14P/E 10.2-38%Mixed on our tests
2026-09-19P/E 9.8-40%Mixed on our tests (recalculated)
2026-09-21P/E 9.8-40%Mixed on our tests
2026-09-26P/E 10.0-39%Mixed on our tests (recalculated)
2026-09-28P/E 10.0-39%Mixed on our tests
2026-10-03P/E 11.4-30%Mixed on our tests (recalculated)
2026-10-05P/E 11.4-30%Mixed on our tests ← now

Earnings moves: CCL moved more than the options market implied in 1 of 1 recent tracked reports.

Frequently asked questions

Is Carnival Corporation stock overvalued?

At a blended P/E of 11.4 versus its historical normal P/E of 16.4, Carnival Corporation trades about 30% below its typical valuation, with a PEG of 0.76 on 15.1% forward growth. tickerseer currently rates it mixed on our tests.

What is Carnival Corporation's fair value and PEG?

Carnival Corporation trades at a blended P/E of 11.4 against a historical normal P/E of 16.4, a PEG of 0.76, and a forward growth estimate of 15.1%. Priced at its historical normal P/E of 16.4 on the same blended earnings, the 2026-10-02 close of $25.76 corresponds to about $36.80 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Carnival Corporation changed?

tickerseer's rating has been mixed on our tests since 2026-06-10.

What is the analyst price target for Carnival Corporation?

The mean Wall Street price target for Carnival Corporation is $33.93 across 26 analysts, 29.9% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Hotels Resorts & Cruise Lines. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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