Carnival Corporation Surges to Top 70 Most Actively Traded Stocks with $948 Million Turnover

On June 23, 2025, Carnival Corporation (CCL) saw a significant increase in trading volume, with a turnover of $948 million, marking a 69.33% rise from the previous day. This surge placed Carnival among the top 70 most actively traded stocks for the day. The company's stock price also rose by 1.14%, marking the third consecutive day of gains and a total increase of 3.26% over the past three days.

Carnival Corporation is poised to report its Q2 2025 earnings, with expectations of a 7.4% year-over-year revenue increase to $6.21 billion. This growth is anticipated to be driven by a 5.6% rise in ticket sales and a 9.3% jump in onboard spending. The company's strong performance in Q1 2025, which saw record-breaking revenue of $6.2 billion and a significant EBITDA beat, sets a high benchmark for the upcoming quarter. Management has also upgraded its full-year yield guidance to 4.7% and boosted earnings projections by $185 million, indicating strong operational momentum.

Investors are closely monitoring Carnival's Q2 earnings report, scheduled for June 24, 2025. The consensus EPS estimate stands at $0.25, a sharp increase from $0.11 in the prior-year period. The company's ability to deliver another earnings beat could solidify its position as a value-driven investment in a volatile market. Carnival's strategic initiatives, including fleet streamlining, expansion projects, and debt refinancing, further support its growth prospects. However, potential risks such as rising fuel prices and geopolitical instability could impact its performance.

Despite these challenges, Carnival's stock remains undervalued compared to its peers, with a P/E multiple of 14.2x. The company's strong booking trends, including 80% occupancy rates for Q3 and Q4 cruises, and its $1.2 billion in free cash flow guidance for 2025, provide a bullish outlook. Investors are advised to consider entering a position ahead of earnings with a stop-loss below $16.50, while a post-earnings breakout above $20 could signal a sustained uptrend. Overall, Carnival's Q2 results are crucial, and if the company can navigate current challenges and deliver as expected, it presents a compelling buy opportunity.