Carnival Corp. stock gained 2.11 percent before Q3 results

Published on 09/28/2026 at 10:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Carnival Corp. stock stood at USD 22.25 on September 25 after a USD 0.46 rise. Q3 revenue consensus is USD 8.4 billion, while TD Cowen cut its target to USD 32.

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Carnival Corp. stock gained 2.11 percent to USD 22.25 on the NYSE on September 25, 2026, at 4:00 p.m. ET. The move came ahead of the cruise operator's third-quarter results, scheduled for September 29, 2026.

Q3 estimates set the test

According to ScanX News on September 21, 2026, consensus calls for third-quarter revenue of USD 8.4 billion, compared with USD 8.15 billion in the year-ago quarter. That implies a 3.07 percent increase, while expected earnings per share of USD 1.35 would be 5.59 percent below the prior-year USD 1.43.

The latest reported quarter provides a separate benchmark. MarketBeat reported that Carnival delivered USD 0.41 in quarterly EPS against a USD 0.34 consensus estimate and revenue of USD 6.66 billion in the latest reported quarter, with revenue up 5.3 percent year over year.

Fuel costs pressure targets

According to Investing.com on September 22, 2026, TD Cowen lowered its price target from USD 34.00 to USD 32.00 and retained a Buy rating, citing higher fuel costs. The revised target lies 43.82 percent above the September 25 price.

The same report identifies fourth-quarter and full-year 2026 estimates below consensus because of elevated fuel expenses. It also points to Caribbean capacity, European demand, close-in yields, 2027 bookings, deleveraging and shareholder returns as key subjects for the results update.

Results date is September 29

StockTitan reported on September 15, 2026, that Carnival scheduled its third-quarter results and conference call for September 29, 2026. The company expects to release the figures before the market opens and hold the call at 10:00 a.m. EDT.

For investors, the central comparison is clear: Carnival enters the report with year-over-year revenue growth expected, but with projected EPS below the prior-year level. That combination makes fuel expense and pricing especially important to the earnings reaction.

Stock trades near its yearly low

Carnival was trading at USD 22.25 on the NYSE on September 25, 2026, at 4:00 p.m. ET, with a session change of 2.11 percent. Its 52-week range was USD 17.05 to USD 34.03, and its market capitalization was USD 30.5 billion as of that date.