Stock Pulse
Carnival Corp (CCL) reported a Q1 2025 net loss of $78 million, an improvement over the previous year, with increased revenues driven by higher ticket prices and occupancy, offset by unfavorable exchange rates [11]. Despite a substantial debt load being reduced through refinancing [11], the company shows strong booking trends and record customer deposits [4], leading analysts to predict a potential 46% surge in stock price [5]. Morgan Stanley upgraded CCL to Equal Weight [6], [7], but lowered their price target and expressed preference for Royal Caribbean due to stronger margins and lower leverage [7]. Positive earnings revisions and a Zacks Rank #2 (Buy) suggest potential upside [1], [5], with falling inflation and a temporary tariff halt as potential tailwinds [1]. However, economic headwinds and recessionary concerns remain a risk [6], [7]. Holland America Line, a Carnival brand, is extending its 2026 European season [9].