L'intérêt à découvert pour Carnival donne aux investisseurs une idée du degré auquel les investisseurs parient sur la baisse de l'action de Carnival. Les données sur l'intérêt à découvert sont mises à jour toutes les deux semaines.

Carnival (NYSE:CCL) Stock, Rapport sur les intérêts à découvert

Carnival

Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 13 million guests in 2019, prior to covid-19, a level it reached again in 2023.

Carnival Corp

GLOBAL X CHINA CLOUD COMPUTING ETF

CareCloud Inc

CareCloud, Inc. - 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock

CareCloud, Inc. - 11% Series A Cumulative Redeemable Perpetual Preferred Stock

CC LAND HOLDINGS LTD ORD by CC Land Holdings Ltd.

C C Land Holdings Ltd

CCL INDUS INC CL (A) ORD by CCL Industries Inc.

CCL Industries Inc

GLOBAL X CHINA CLEAN ENERGY ETF

CSI Compressco LP Com Unit

CABLECLIX (USA) INC by CableClix (USA), Inc.

CableClix (USA) Inc

<p><strong>Carnival Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) will release earnings results for its third quarter, before the <a href="https://www.benzinga.com/quote/CCL/earnings">opening bell on Monday, Sept. 30.</a></p>
<p>Analysts expect the Miami, Florida-based company to report quarterly earnings at $1.16 per share, up from 86 cents per share in the year-ago period. Carnival projects to report revenue of $7.83 billion for the quarter, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.</p>
<p>Carnival, last month, unveiled new itineraries for seven ships sailing in 2026 and 2027 from Miami, Port Canaveral, Galveston, and Baltimore. The new itineraries include Half Moon Cay, which will expand with a larger beach, enhanced dining, and a new pier for Carnival's Excel class ships, including Mardi Gras and Carnival Celebration.</p>
<p>Carnival shares gained 3.6% to close at $18.68 on Thursday.</p>
<p>Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.</p>
<p>Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TJX/analyst-ratings">analysts have rated the company</a> in the recent period.</p>
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/586bcbd9351b9b0001ab738c/matthew-boss">JP Morgan analyst Matthew Boss </a>maintained an Overweight rating and raised the price target from $23 to $25 on July 24. This analyst has an accuracy rate of 67%.</li>
<li>Truist Securities analyst Patrick Scholes maintained a Hold rating and boosted the price target from $17 to $20 on July 23. This analyst has an accuracy rate of 68%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5975f4d735f48b0001d47eff/nicholas-thomas">B of A Securities analyst Nicholas Thomas</a> maintained a Buy rating and raised the price target from $23 to $24 on June 27. This analyst has an accuracy rate of 67%.</li>
<li>Argus Research analyst John Eade maintained a Buy rating and boosted the price target from $20 to $25 on June 27. This analyst has an accuracy rate of 74%.</li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/59282ae5290fa70001853256/james-hardiman">Citigroup analyst James Hardiman</a> maintained a Buy rating and raised the price target from $18 to $22 on June 26. This analyst has an accuracy rate of 67%.</li>
</ul>
<p>Considering buying CCL stock? Here&#8217;s what analysts think:  </p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="508" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27030755/image-216-1024x508.png" alt="" class="wp-image-569111" style="width:568px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27030755/image-216-1024x508.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27030755/image-216-300x149.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27030755/image-216-768x381.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/27030755/image-216.png 1336w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p><strong>Read This Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/24/09/41054730/top-3-tech-stocks-that-are-ticking-portfolio-bombs">Top 3 Tech Stocks That Are Ticking Portfolio Bombs</a></strong></li>
</ul>


Earnings

News

Price Target

Markets

Analyst Ratings

Trading Ideas

Carnival Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

<p>Financial giants have made a conspicuous bullish move on Carnival. Our analysis of options history for Carnival (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) revealed 9 unusual trades.</p>
<p>Delving into the details, we found 77% of traders were bullish, while 22% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $98,829, and 6 were calls, valued at $208,376.</p>
<h3>Expected Price Movements</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $16.0 to $35.0 for Carnival over the recent three months. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Carnival's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Carnival's whale trades within a strike price range from $16.0 to $35.0 in the last 30 days. </p>
<h3>Carnival Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727109940_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/27/24</td>
<td>$2.81</td>
<td>$2.8</td>
<td>$2.8</td>
<td>$16.00</td>
<td>$53.2K</td>
<td>713</td>
<td style="text-align: right;">442</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$1.32</td>
<td>$1.3</td>
<td>$1.32</td>
<td>$19.00</td>
<td>$39.6K</td>
<td>246</td>
<td style="text-align: right;">352</td>
</tr>
<tr>
<td>CCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$5.2</td>
<td>$5.1</td>
<td>$5.2</td>
<td>$22.00</td>
<td>$39.0K</td>
<td>488</td>
<td style="text-align: right;">76</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$1.58</td>
<td>$0.77</td>
<td>$1.58</td>
<td>$35.00</td>
<td>$31.6K</td>
<td>7.7K</td>
<td style="text-align: right;">80</td>
</tr>
<tr>
<td>CCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.15</td>
<td>$3.1</td>
<td>$3.11</td>
<td>$21.00</td>
<td>$30.4K</td>
<td>307</td>
<td style="text-align: right;">98</td>
</tr>
</tbody>
</table>
</p>
<h3>About Carnival</h3>
<p>Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&amp;O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&amp;O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 13 million guests in 2019, prior to covid-19, a level it reached again in 2023.</p>
<p>Following our analysis of the options activities associated with Carnival, we pivot to a closer look at the company's own performance.</p>
<h3>Where Is Carnival Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 12,725,200, the CCL's price is down by -1.26%, now at $18.76. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 7 days.</li>
</ul>
<h3>What Analysts Are Saying About Carnival</h3>
<p>In the last month, 2 experts released ratings on this stock with an average target price of $26.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Maintaining their stance, an analyst from Mizuho continues to hold a Outperform rating for Carnival, targeting a price of $25.<br />
&#x2A; Consistent in their evaluation, an analyst from Stifel keeps a Buy rating on Carnival with a target price of $27. </p>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Carnival options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Options

What the Options Market Tells Us About Carnival

<p><strong>Jabil Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jbl#NYSE">JBL</a>) is set to release fourth-quarter fiscal 2024 results on Sept. 26, before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 2.16%. It pulled off a trailing four-quarter earnings surprise of 3.10%, on average.</p>
<p>The leading global supplier of electronic manufacturing services is likely to witness a revenue contraction year over year in the fourth quarter of fiscal 2024. Soft demand trends in some end markets and macroeconomic challenges are likely to impede the top-line growth. Initiatives to improve profitability and free cash flow are positives.</p>
<h2>Factors at Play</h2>
<p>Jabil is placing a strong emphasis on integrating sophisticated AI and ML capabilities to enhance portfolio offerings and improve the efficiency of its internal process. Growing demand for AI infrastructure in data center space, along with AI proliferation in cloud, networking and industrial automation end markets are major tailwinds. Jabil&#39;s focus on end market and product diversification, coupled with its large-scale global operations, offers a high degree of resilience during times of macroeconomic and geopolitical disruption. Management&#39;s focus on operational efficiency and effective working capital management is boosting profitability and free cash flow.</p>
<p>However, demand softness in several key end markets, including 5G, renewable energy, digital print and healthcare is weighing on net sales. The company&#39;s automotive vertical is also experiencing headwinds as the Chinese automotive market grapples with overcapacity and high inventory levels. Moreover, the launch of new electric vehicle platforms has been postponed by several quarters. These factors are likely to have impeded revenues in the fourth quarter of fiscal 2024. The company&#39;s strategy to move away from less prospective markets by restructuring and reshaping its portfolio will impact top-line growth in the near term.</p>
<p>The Zacks Consensus Estimate for the DMS vertical is pegged at $3.384 billion, indicating a decline from $4.436 billion reported in the year-ago quarter. Revenues from the EMS vertical are pegged at $3.169 billion, implying a downtrend from $4.022 billion in the year-ago quarter.</p>
<p>For the August quarter, the Zacks Consensus Estimate for revenues is pegged at $6.573 billion, which indicates a decline from the year-ago quarter&#39;s tally of $8.458 billion. The consensus estimate for earnings is pegged at $2.23, suggesting a decrease from $2.45 reported in the prior-year quarter.</p>
<h2>Earnings Whispers</h2>
<p>Our proven model doesn&#39;t conclusively predict an earnings beat for Jabil this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. This is not the case here.</p>
<p><strong>Earnings ESP:</strong> Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is -0.22%.</p>
<div class="chart_embed">
<h3>Jabil, Inc. Price and EPS Surprise</h3>
<p><img alt="Jabil, Inc. Price and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/8d/1726839570.png" style="height:294px; width:610px" title="" /></p>
<p><span style="font-size:13px">Jabil, Inc. price-eps-surprise</span><span style="font-size:13px"> | Jabil, Inc. Quote</span></p>
<p><strong>Zacks Rank:</strong> Jabil currently has a Zacks Rank #4 (Sell).</p>
</div>
<h2>Stocks to Consider</h2>
<p>Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:</p>
<p><strong>Accenture</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acn#NYSE">ACN</a>) is set to release its quarterly numbers on Sept. 26. It has an Earnings ESP of +0.37% and a Zacks Rank #2.</p>
<p>The Earnings ESP for <strong>Carnival</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ccl#NYSE">CCL</a>) stands at +2.99%. The company carries a Zacks Rank of 3. It is scheduled to report quarterly numbers on Sept. 30.</p>
<p>The Earnings ESP for <strong>Costco Wholesale</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cost#NASDAQ">COST</a>) stands at +0.62%, and it carries a Zacks Rank of 3. The company is scheduled to report quarterly numbers on Sept. 26.</p>
<p><a href="https://www.zacks.com/stock/news/2339327/will-revenue-contraction-affect-jabil-s-q4-earnings-results?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2339327">To read this article on Zacks.com click here.</a></p>


Earnings Beats

Large Cap

Offerings

Management

COST

Will Revenue Contraction Affect Jabil's Q4 Earnings Results?

<p>Stifel  analyst Steven Wieczynski   maintains Carnival (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) with a Buy and raises the price target from $25 to $27.</p>


Stifel Maintains Buy on Carnival, Raises Price Target to $27

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>Carnival</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CCL, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 16 options trades for <strong>Carnival</strong>.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 37% bullish and 50%, bearish.</p>
<p>Out of all of the options we uncovered, there was 1 put, for a total amount of $123,686, and 15, calls, for a total amount of $1,266,723.</p>
<h3>Expected Price Movements</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $7.5 to $30.0 for Carnival during the past quarter. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>In terms of liquidity and interest, the mean open interest for Carnival options trades today is 7897.0 with a total volume of 21,485.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for Carnival's big money trades within a strike price range of $7.5 to $30.0 over the last 30 days.</p>
<h3>Carnival Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726777903_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$0.69</td>
<td>$0.67</td>
<td>$0.67</td>
<td>$20.00</td>
<td>$335.0K</td>
<td>15.6K</td>
<td>5.3K</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/11/24</td>
<td>$3.0</td>
<td>$2.99</td>
<td>$3.0</td>
<td>$16.00</td>
<td>$299.7K</td>
<td>1.0K</td>
<td>1.0K</td>
</tr>
<tr>
<td>CCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$7.5</td>
<td>$7.3</td>
<td>$7.45</td>
<td>$25.00</td>
<td>$123.6K</td>
<td>701</td>
<td>167</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$11.55</td>
<td>$11.4</td>
<td>$11.5</td>
<td>$7.50</td>
<td>$115.0K</td>
<td>5.0K</td>
<td>100</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$3.75</td>
<td>$3.7</td>
<td>$3.71</td>
<td>$15.00</td>
<td>$74.2K</td>
<td>2.1K</td>
<td>204</td>
</tr>
</tbody>
</table>
</p>
<h3>About Carnival</h3>
<p>Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&amp;O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&amp;O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 13 million guests in 2019, prior to covid-19, a level it reached again in 2023.</p>
<p>After a thorough review of the options trading surrounding Carnival, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Present Market Standing of Carnival</h3>
<ul>
<li>With a trading volume of 25,781,477, the price of CCL is up by 2.18%, reaching $18.76.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 11 days from now.</li>
</ul>
<h3>Expert Opinions on Carnival</h3>
<p>A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $25.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; An analyst from Mizuho persists with their Outperform rating on Carnival, maintaining a target price of $25. </p>
<p>Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Carnival with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.</p>


Looking At Carnival's Recent Unusual Options Activity

<p>Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.</p>
<ul>
<li>Needham raised the price target for <strong>SS&amp;C Technologies Holdings, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) from $81 to $90. Needham analyst Mayank Tandon maintained a Buy rating. SS&amp;C Technologies shares fell 0.2% to close at $75.36 on Wednesday. <a href="https://www.benzinga.com/quote/ssnc/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley cut the price target for <strong>Elanco Animal Health Incorporated</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELAN#NYSE">ELAN</a>) from $17 to $15. Morgan Stanley analyst Erin Wright downgraded the stock from Overweight to Equal-Weight. Elanco Animal Health shares gained 2.5% to close at $14.65 on Wednesday. <a href="https://www.benzinga.com/quote/elan/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Mizuho slashed <strong>Athira Pharma, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATHA#NASDAQ">ATHA</a>) price target from $5 to $0.5. Mizuho analyst Graig Suvannavejh downgraded the stock from Outperform to Neutral. Athira Pharma shares fell 4.7% to close at $0.4630 on Wednesday. <a href="https://www.benzinga.com/quote/atha/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Bernstein cut <strong>NIKE, Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) price target from $112 to $109. Bernstein analyst Aneesha Sherman maintained an Outperform rating. NIKE shares gained 0.3% to close at $80.90 on Wednesday. S<a href="https://www.benzinga.com/quote/NKE/analyst-ratings">ee how other analysts view this stock.</a></li>
<li>Loop Capital boosted the price target for <strong>Aspen Technology, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) from $204 to $260. Loop Capital analyst Mark Schappel maintained a Buy rating. Aspen Technology rose 1.1% to close at $236.00 on Wednesday. <a href="https://www.benzinga.com/quote/AZPN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Mizuho increased <strong>Carnival Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) price target from $22 to $25. Mizuho analyst Ben Chaiken maintained an Outperform rating. Carnival shares rose 1.8% to close at $18.36 on Wednesday. <a href="https://www.benzinga.com/quote/CCL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Pivotal Research raised <strong>Spotify Technology S.A.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) price target from $460 to $510. Pivotal Research analyst Jeffrey Wlodarczak maintained a Buy rating. Spotify shares gained 0.5% to close at $343.97 on Wednesday. <a href="https://www.benzinga.com/quote/SPOT/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler increased the price target for <strong>General Mills, Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>) from $74 to $84. Piper Sandler analyst Michael Lavery maintained an Overweight rating. General Mills shares rose 0.7% to close at $75.01 on Wednesday. <a href="https://www.benzinga.com/quote/GIS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler raised <strong>Robinhood Markets, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) price target from $23 to $27. Piper Sandler analyst Patrick Moley maintained an Overweight rating. Robinhood shares rose 1.4% to close at $22.95 on Wednesday. <a href="https://www.benzinga.com/quote/HOOD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Oppenheimer raised <strong>T-Mobile US, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) price target from $200 to $215. Oppenheimer analyst Timothy Horan maintained an Outperform rating. T-Mobile shares fell 3% to close at $196.68 on Wednesday. <a href="https://www.benzinga.com/quote/TMUS/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
<p>Considering buying Robinhood stock? Here&#8217;s what analysts think: </p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="512" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153-1024x512.png" alt="" class="wp-image-556095" style="width:628px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153-1024x512.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153-300x150.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153-768x384.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19082758/image-153.png 1335w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/news/earnings/24/09/40925678/fedex-gears-up-for-q1-print-here-are-the-recent-forecast-changes-from-wall-streets-most-accurate-an">FedEx Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analysts</a></strong></li>
</ul>


Pre-Market Outlook

ATHA

AZPN

ELAN

HOOD

SPOT

SSNC

TMUS

Robinhood To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Thursday

WIIM

Carnival shares are trading higher after Mizuho maintained an Outperform rating on the stock and raised its price target from $22 to $25.

<p>Mizuho  analyst Ben Chaiken   maintains Carnival (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) with a Outperform and raises the price target from $22 to $25.</p>


Mizuho Maintains Outperform on Carnival, Raises Price Target to $25

<p><strong>Carnival Corp.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) shares are trading higher Wednesday, and the stock is up more than 10% over the past five days. The stock may be continuing to gain after JPMorgan analyst <strong>Matthew R. Boss </strong>said cruise stocks are sailing into 2025 with a strong setup backed by <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40879412/cruise-stocks-to-sail-smoothly-into-2025-analyst-sees-zero-signs-of-softening">rising demand and pricing power.</a></p>
<p>Heading into its third-quarter earnings release, the JPMorgan analyst expects Carnival to benefit from the continued surge in demand, particularly in Europe and Alaska. </p>
<p>&#8220;Zero signs of softening in any lead indicator,&#8221; said Boss after attending the Endless Summer Forum in Miami.</p>
<p><strong>Read Next: </strong><a href="https://www.benzinga.com/news/large-cap/24/09/40910569/nvidia-salesforce-announce-strategic-ai-collaboration-what-to-know"><strong>NVIDIA, Salesforce Announce Strategic AI Collaboration: What To Know</strong></a></p>
<p>Carnival is set to report its third-quarter financial results on Sept. 30 before the opening bell and will host a conference call to discuss the results at 10 a.m. ET the same day. According to estimates from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, analysts expect the company to report quarterly earnings of $1.15 per share and revenue of $7.816 billion.&nbsp;</p>
<h3 class="wp-block-heading">CCL Stock Prediction 2024: </h3>
<p>Equity research analysts on and off Wall Street typically use earnings growth and fundamental research as a form of valuation and forecasting. But many in trading turn to technical analysis as a way to form predictive models for share price trajectory.</p>
<p>Some investors look to trends to help forecast where they believe a stock could trade at a certain point in the future. Looking at Carnival, an investor could make an assessment about a stock's long term prospects using a moving average and trend line. If they believe a stock will remain above the moving average, which many believe is a bullish signal, they can extrapolate that trend into the future using a trend line. For Carnival, the 200-day moving average sits at $16.31, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, which is below the current price of $18.39. For more on charts and trend lines, <a href="https://pro.benzinga.com/">see a description here.</a></p>
<p>Traders believe that when a stock is above its moving average, it is a generally bullish signal, and when it crosses below, it is a more negative signal. Investors could use trend lines to make an educated guess about where a stock could trade at a later date if conditions remain stable.</p>
<p><strong>CCL Price Action:</strong> According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Carnival shares are up 1.83% at $18.36 at the time of publication Wednesday. </p>
<p><strong>Read Also:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40904271/whats-going-on-with-amazon-stock"><strong>What&#8217;s Going On With Amazon Stock?</strong></a></li>
</ul>
<p><em>Image:&nbsp; Ed Junkins from Pixabay</em></p>


Movers

What's Going On With Carnival Stock?

<p>Cruise stocks are cruising in the fast lane, and according to analysts, the seas ahead look crystal clear. <strong>Royal Caribbean Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>), <strong>Carnival Corp</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>), and <strong>Norwegian Cruise Line Holdings Ltd</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) are poised for a strong setup in 2025, backed by rising demand and pricing power, according to <a href="https://www.benzinga.com/topic/cruise-lines">JPMorgan analyst Matthew R. Boss</a>.</p>
<h2 class="wp-block-heading"><strong>&#8216;Zero Signs&#8217; Of Demand Softening For Cruise Lines</strong></h2>
<p>"Zero signs of softening in any lead indicator," said Boss after attending the Endless Summer Forum in Miami. That includes everything from booking curves to onboard spending – with Royal Caribbean and Norwegian Cruise Line&#8217;s management confirming the industry's sturdy footing. </p>
<p>With nearly half of 2025's capacity already booked, cruises are setting sail much earlier than usual, extending bookings as far as 2027.</p>
<h2 class="wp-block-heading">Royal Caribbean &#8216;In A Very Good Spot&#8217;</h2>
<p>RCL is leading the charge. CFO <strong>Naftali Holtz</strong> stated, &#8220;We're in a very good spot,&#8221; citing how 70% of passengers make pre-cruise purchases, which translates to a significant onboard spending boost. The company is banking on long-term drivers, including the arrival of new ships like &#8220;Utopia of the Seas&#8221; and &#8220;Star of the Seas&#8221; to fuel further growth.</p>
<h2 class="wp-block-heading">Carnival Prepares For Q3 Earnings</h2>
<p>Meanwhile, Carnival is ready to ride the wave, with its third quarter earnings expected to get a lift from the continued surge in demand, particularly in Europe and Alaska. </p>
<p>The company remains optimistic about maintaining its pricing power, which remains about 25% lower than land-based alternatives – a strong selling point for thrifty travelers.</p>
<h2 class="wp-block-heading">Norwegian&#8217;s Management Is &#8216;Very Confident&#8217;</h2>
<p>Norwegian Cruise Line remains neutral in JPMorgan&#8217;s outlook but sees clear skies ahead. Management expressed "very confident" expectations of hitting a $300 million cost savings target, driven by initiatives such as optimizing fuel use and streamlining menus—all while keeping passengers satisfied.</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/trading-ideas/technicals/24/08/40471397/norwegian-cruise-line-sails-into-troubled-waters-as-financial-struggles-bearish-trends-p">Norwegian Cruise Line Sails Into Troubled Waters As Financial Struggles, Bearish Trends Persist</a></strong></p>
<p>As Royal Caribbean, Carnival, and Norwegian Cruise Line Holdings navigate the post-pandemic recovery, each is showing unique strengths. </p>
<p>Royal Caribbean&#8217;s focus on new ship launches and immersive experiences, Carnival's strong booking trends and cost-efficiency strategies, and Norwegian's premium offerings suggest that all three are well-positioned to benefit from increasing consumer demand. The cruise industry, with its multi-generational appeal and rising demand, seems to be taking a larger slice of the $1.9 trillion global vacation pie. </p>
<p>However, challenges such as inflationary pressures and rising operational costs could impact profitability. Investors will need to weigh these factors as they consider which cruise line is best positioned to capitalize on the industry&#8217;s recovery and continue gaining market share.</p>
<p><strong>Read Next: </strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/general/travel/24/09/40835139/cruise-industry-sees-steady-rise-in-web-traffic-while-other-travel-sectors-decline">Cruise Industry Sees Steady Rise In Web Traffic While Other Travel Sectors Decline</a></strong></li>
</ul>
<p><em>Image via Unsplash</em></p>


Analyst Color

Long Ideas

Travel

NCLH

Cruise Stocks To Sail Smoothly Into 2025: Analyst Sees 'Zero Signs Of Softening'

<p>Deep-pocketed investors have adopted a bearish approach towards Carnival (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CCL usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 23 extraordinary options activities for Carnival. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 13% leaning bullish and 82% bearish. Among these notable options, 4 are puts, totaling $149,344, and 19 are calls, amounting to $1,203,243.</p>
<h3>Projected Price Targets</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $15.0 to $19.0 for Carnival during the past quarter. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Carnival's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Carnival's substantial trades, within a strike price spectrum from $15.0 to $19.0 over the preceding 30 days.</p>
<h3>Carnival Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726174154_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$2.24</td>
<td>$2.22</td>
<td>$2.22</td>
<td>$18.00</td>
<td>$190.9K</td>
<td>321</td>
<td>141</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$0.44</td>
<td>$0.43</td>
<td>$0.43</td>
<td>$19.00</td>
<td>$171.9K</td>
<td>26.4K</td>
<td>7.8K</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$0.34</td>
<td>$0.3</td>
<td>$0.34</td>
<td>$19.00</td>
<td>$102.0K</td>
<td>26.4K</td>
<td>20</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$1.14</td>
<td>$1.12</td>
<td>$1.12</td>
<td>$16.00</td>
<td>$74.7K</td>
<td>3.0K</td>
<td>2.5K</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$2.98</td>
<td>$2.98</td>
<td>$2.98</td>
<td>$17.00</td>
<td>$74.5K</td>
<td>8.8K</td>
<td>517</td>
</tr>
</tbody>
</table>
</p>
<h3>About Carnival</h3>
<p>Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&amp;O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&amp;O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 13 million guests in 2019, prior to covid-19, a level it reached again in 2023.</p>
<p>Having examined the options trading patterns of Carnival, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance</p>
<h3>Current Position of Carnival</h3>
<ul>
<li>Currently trading with a volume of 27,358,731, the CCL's price is up by 2.12%, now at $16.89. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 15 days.</li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Carnival options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Carnival's Options: A Look at What the Big Money is Thinking

<p>Consumers are apparently itching to go <a href="https://www.benzinga.com/trading-ideas/technicals/24/08/40471397/norwegian-cruise-line-sails-into-troubled-waters-as-financial-struggles-bearish-trends-p">on a cruise</a> as online interest in cruise lines has shown consistent growth over the past several months, according to website analytics company Similarweb.</p>
<p>Website traffic to these companies has risen year over year nearly every two weeks from late March to late August, its data showed.</p>
<p>Traffic surged 15% year-over-year on April 26 and May 10, and 12% on May 24. It also increased by 8% on April 12 and June 7, and 5% on June 21. Additionally, traffic rose by 3% on March 29 and by 2% on Aug. 2, 16, and 20</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39919685/bank-of-america-raises-projections-for-cruise-line-stocks-more-insulated-from-the-a">Bank Of America Raises Projections For Cruise Line Stocks: &#8216;More Insulated From The Airline Trends</a></strong></p>
<p>It fell only once over the five -month period, dropping 3% on July 19 from a year ago.</p>
<p>Web traffic to other sectors within travel and entertainment—such as airlines, hotels, rental cars, entertainment, online travel agencies, and meta search engines—declined on the same days compared to a year earlier, according to Similarweb.</p>
<p>Entertainment saw the biggest drops in year-over-year web traffic in the past two months, registering declines of 27% on July 19, 24% on Aug. 2 and 23% on Aug. 16. Online visits to this sector dropped 17% from a year earlier on June 7 and Aug. 30, 14% on June 21 and 12% on May 24.</p>
<p>Other sectors that saw a 12% year-over-year drop include airlines on July 5 and rental cars on April 12.</p>
<p><strong>Price Action</strong>: Cruise companies saw gains and losses during Thursday&#8217;s pre-market trading.</p>
<ul>
<li><strong>Carnival Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) gained 0.12% to $16.56</li>
<li><strong>Royal Caribbean Group Ltd. </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) edged up 0.52% to $163</li>
<li><strong>Norwegian Cruise Line Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) dipped 0.21% to $18.66</li>
</ul>
<p><strong>Read Now:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/equities/23/12/36302778/the-carnival-is-not-over-a-remarkable-bounceback-for-cruise-industry-after-punishing-2-years">The Carnival Is Not Over: A Remarkable Bounceback For Cruise Industry After Punishing 2 Years</a></strong></li>
</ul>
<p><em>Photo: Shutterstock</em></p>


Cruise Industry Sees Steady Rise In Web Traffic While Other Travel Sectors Decline

<p><strong>Academy Sports and Outdoors, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aso#NASDAQ">ASO</a>) came out with quarterly earnings of $2.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2.09 per share a year ago. These figures are adjusted for non-recurring items.</p>
<p>A quarter ago, it was expected that this company would post earnings of $1.23 per share when it actually produced earnings of $1.08, delivering a surprise of -12.20%.</p>
<p>Over the last four quarters, the company has not been able to surpass consensus EPS estimates.</p>
<p>Academy Sports and Outdoors, which belongs to the Zacks Leisure and Recreation Products industry, posted revenues of $1.55 billion for the quarter ended July 2024, missing the Zacks Consensus Estimate by 1.43%. This compares to year-ago revenues of $1.58 billion. The company has topped consensus revenue estimates just once over the last four quarters.</p>
<p>The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.</p>
<p>Academy Sports and Outdoors shares have lost about 20.2% since the beginning of the year versus the S&amp;P 500&#39;s gain of 14.7%.</p>
<h2>What&#39;s Next for Academy Sports and Outdoors?</h2>
<p>While Academy Sports and Outdoors has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?</p>
<p>There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.</p>
<p>Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.</p>
<p>Ahead of this earnings release, the estimate revisions trend for Academy Sports and Outdoors: unfavorable. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future.</p>
<p>It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.44 on $1.43 billion in revenues for the coming quarter and $6.51 on $6.15 billion in revenues for the current fiscal year.</p>
<p>Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Leisure and Recreation Products is currently in the bottom 10% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.</p>
<p><strong>Carnival</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ccl#NYSE">CCL</a>), another stock in the broader Zacks Consumer Discretionary sector, has yet to report results for the quarter ended August 2024.</p>
<p>This cruise operator is expected to post quarterly earnings of $1.15 per share in its upcoming report, which represents a year-over-year change of +33.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.</p>
<p>Carnival&#39;s revenues are expected to be $7.8 billion, up 13.7% from the year-ago quarter.</p>
<p><a href="https://www.zacks.com/stock/news/2333882/academy-sports-and-outdoors-inc-aso-q2-earnings-match-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2333882">To read this article on Zacks.com click here.</a></p>


Mid Cap

Retail Sales

Sports

General

Academy Sports and Outdoors, Inc. Q2 Earnings Match Estimates

<p>Financial giants have made a conspicuous bullish move on Carnival. Our analysis of options history for Carnival (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) revealed 8 unusual trades.</p>
<p>Delving into the details, we found 62% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $539,270, and 3 were calls, valued at $284,700.</p>
<h3>Predicted Price Range</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $12.0 and $16.5 for Carnival, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Carnival's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Carnival's significant trades, within a strike price range of $12.0 to $16.5, over the past month.</p>
<h3>Carnival 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725896741_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$0.51</td>
<td>$0.48</td>
<td>$0.51</td>
<td>$16.00</td>
<td>$382.5K</td>
<td>12.8K</td>
<td>7.6K</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$5.85</td>
<td>$5.6</td>
<td>$5.75</td>
<td>$12.00</td>
<td>$115.0K</td>
<td>7.4K</td>
<td>200</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.25</td>
<td>$3.2</td>
<td>$3.25</td>
<td>$14.00</td>
<td>$89.7K</td>
<td>1.5K</td>
<td>526</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.2</td>
<td>$3.15</td>
<td>$3.2</td>
<td>$14.00</td>
<td>$80.0K</td>
<td>1.5K</td>
<td>250</td>
</tr>
<tr>
<td>CCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$0.66</td>
<td>$0.62</td>
<td>$0.66</td>
<td>$16.50</td>
<td>$57.7K</td>
<td>10.3K</td>
<td>1.0K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Carnival</h3>
<p>Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&amp;O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&amp;O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 13 million guests in 2019, prior to covid-19, a level it reached again in 2023.</p>
<p>In light of the recent options history for Carnival, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Current Position of Carnival</h3>
<ul>
<li>With a trading volume of 6,431,367, the price of CCL is up by 2.14%, reaching $16.0.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 18 days from now.</li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Carnival, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


<p>On CNBC's &#8220;<a href="https://www.benzinga.com/topic/mad-money-lightning-round">Mad Money Lightning Round</a>,&#8221; <strong>Jim Cramer</strong> said he prefers<strong> Royal Caribbean</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>) over <strong>Carnival Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) .</p>
<p>&#8220;Royal Caribbean has the best systems right now, it's got the best numbers. It's the one you want, not Carnival,&#8221; he added.</p>
<p>On Aug. 27, Carnival unveiled new itineraries for seven ships sailing in 2026 and 2027 from Miami, Port Canaveral, Galveston, and Baltimore.</p>
<p><strong>EPR Properties</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPR#NYSE">EPR</a>) has been<a href="https://www.benzinga.com/quote/EPR/earnings"> &#8220;too rocky&#8221; for Cramer.</a> On July 31, EPR Properties posted better-than-expected sales for its second quarter.</p>
<p><strong>Whirlpool Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WHR#NYSE">WHR</a>) is &#8220;too inconsistent,&#8221; Cramer said. &#8220;They don't get my buy with that level of inconsistency.&#8221;</p>
<p>On Aug. 19, Whirlpool declared a quarterly dividend of $1.75 per share on its common stock.</p>
<p>When asked about <strong>DexCom, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXCM#NASDAQ">DXCM</a>), he said, &#8220;I did not really care for that last quarter or the explanation of why things had slowed.&#8221;</p>
<p>On Aug. 26, Piper Sandler analyst Matt O&#8217;Brien reiterated DexCom with an Overweight rating and maintained a $90 price target.</p>
<p>The &#8220;Mad Money&#8221; host said he really liked <strong>SpartanNash Company</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPTN#NASDAQ">SPTN</a>). &#8220;I like that dividend,&#8221; he added.</p>
<p>On Aug. 15, SpartanNash reported second-quarter adjusted earnings per share of 59 cents, beating the street view of 56 cents. Quarterly revenues of $2.23 billion missed the analyst consensus of $2.27 billion.</p>
<p><strong>Price Action:</strong></p>
<ul>
<li>EPR Properties shares fell 0.5% to settle at $47.72 on Thursday.</li>
<li>Carnival shares closed at $16.15 during Thursday's session.</li>
<li>Whirlpool shares fell 1.3% to close at $97.53 during Thursday's session.</li>
<li>Dexcom shares fell 1.1% to settle at $69.05 on Thursday.</li>
<li>SpartanNash shares fell 1.9% to settle at $22.12 during the session.</li>
</ul>
<p><strong>Read Next:<a href="https://www.benzinga.com/top-stories/24/09/40730015/jim-cramer-oklo-is-losing-money-hand-over-fist-but-this-private-equity-stock-is-a-buy"> </a></strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/top-stories/24/09/40730015/jim-cramer-oklo-is-losing-money-hand-over-fist-but-this-private-equity-stock-is-a-buy">Jim Cramer: Oklo Is Losing Money &#8216;Hand-Over-Fist,&#8217; But This Private Equity Stock Is A Buy</a></strong></li>
</ul>
<p><em>Image: Shutterstock</em></p>


Media

DXCM

SPTN

Jim Cramer Doesn't Like Carnival Right Now: Royal Caribbean Is 'The One You Want'

<p>Tax proposals outlined by the 2024 U.S. presidential candidates could have a substantial impact on S&amp;P 500 earnings, according to analysis from Goldman Sachs.</p>
<p>Goldman strategists including<strong> Ben Snider</strong> estimate that corporate earnings could move by 5%-10% depending on which tax policies are enacted, with <strong>Donald Trump</strong>'s proposed tax cuts likely to raise profits and <strong>Kamala Harris</strong>' tax hikes <a href="https://www.benzinga.com/personal-finance/24/09/40696394/inflation-jobs-and-taxes-how-trump-and-harris-economic-policies-differ">expected to dampen them.</a></p>
<p>Goldman's analysis highlights the sensitivity of S&amp;P 500 earnings to shifts in the federal corporate tax rate. Trump's plan to lower the corporate tax rate from 21% to 15% would lift S&amp;P 500 earnings per share by roughly 4%, according to the Wednesday Goldman note. </p>
<p>In contrast, Harris' proposal to increase the tax rate to 28% would slash earnings by about 5%, the bank said. When combined with other proposed changes, such as a higher tax on foreign income and an increase in the alternative minimum tax, Harris' plan could lead to an 8% reduction in S&amp;P 500 EPS, Snider said. </p>
<h3 class="wp-block-heading">Comparing Harris, Trump Tax Scenarios</h3>
<p>The Goldman Sachs report said "each 1 percentage point change in the statutory domestic tax rate would shift S&amp;P 500 EPS by slightly less than 1%, or approximately $2 of 2025 S&amp;P 500 EPS."</p>
<p>This arithmetic underscores how sensitive corporate profits are to shifts in tax policy. A potential 4% boost in earnings under Trump's tax cut scenario could provide a significant tailwind for U.S. equities, while Harris' proposed hikes could weigh heavily on future profits, according to the analysis. </p>
<p>Additionally, if the 2017 Trump-era tax cuts were to expire, Goldman estimates that S&amp;P 500 earnings could decline by about 2%, adding another variable to an already complex fiscal outlook for corporate America.</p>
<p>Goldman Sachs draws parallels to the effects of the 2017 Tax Cuts and Jobs Act (TCJA) to illustrate how markets might respond to future tax reforms. </p>
<p>Following the passage of the TCJA, S&amp;P 500 companies saw a 12% boost in earnings that led to a 10% rally in the index in the two months surrounding the legislation. The impact of the 2017 tax cuts was profound, as it significantly lifted corporate profits and investor sentiment.</p>
<p><strong>Read Also:<a href="https://www.benzinga.com/news/24/09/40722526/kamala-harris-reveals-28-capital-gains-tax-for-high-earners-toning-down-bidens-proposed-rates-ahead"> Kamala Harris Reveals 28% Capital Gains Tax For High Earners, Toning Down Biden&#8217;s Proposed Rates Ahead Of 2024 Election</a></strong></p>
<h3 class="wp-block-heading">Buyback Excise Tax, Capital Allocation</h3>
<p>In addition to statutory tax rates, the report also addresses the potential impact of an increase in the corporate buyback excise tax. </p>
<p>The Inflation Reduction Act of 2022 imposes a 1% tax on share buybacks, which has not deterred companies from aggressively repurchasing stock. Year-to-date, companies have authorized $831 billion in buybacks, nearly matching 2022's record pace.</p>
<p>If the excise tax were increased to 4%, as some policymakers have suggested, it could prompt companies to reconsider their capital allocation strategies, though Goldman said it would not directly affect earnings.</p>
<p>The report also tempers expectations, noting that "most investors will wait for legislative clarity before fully adjusting portfolios to reflect any changes in tax policy."</p>
<h3 class="wp-block-heading">5 Russell 3000 Stocks With The Lowest Statutory Tax Rates</h3>
<p>Goldman Sachs reviewed Russell 3000 stocks with market caps over $1 billion, expected 2025 net income exceeding $1 billion and consensus tax rates under 15% for 2024 and 2025, identifying these five companies with the lowest tax rates:</p>
<p><figure class="wp-block-table is-style-stripes"><br />
<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus tax rate 2024</th>
<th>Consensus tax rate 2025</th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Carnival Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>)</td>
<td>2%</td>
<td>2%</td>
</tr>
<tr>
<td><strong>Blue Owl Capital, Inc.</strong> Class A (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OWL#NYSE">OWL</a>)</td>
<td>4%</td>
<td>6%</td>
</tr>
<tr>
<td><strong>Marvell Technology, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>)</td>
<td>7%</td>
<td>7%</td>
</tr>
<tr>
<td><strong>CrowdStrike Holdings, Inc. Class A</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>)</td>
<td>4%</td>
<td>7%</td>
</tr>
<tr>
<td><strong>TPG Inc Class A </strong>(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TPG#NASDAQ">TPG</a>)</td>
<td>7%</td>
<td>7%</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40732534/services-sector-activity-expands-more-than-expected-in-august-but-employment-growth">Services Sector Activity Expands More Than Expected In August, But Employment Growth Softens</a></strong></li>
</ul>
<p><em>Photo via Shutterstock. </em></p>


Equities

Government

Regulations

Politics

CRWD

MRVL

S&P 500 Earnings Could Face Major Swings Under Harris Or Trump Tax Plans, Goldman Sachs Warns

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>Carnival</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CCL, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 13 uncommon options trades for Carnival.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 53% bullish and 30%, bearish.</p>
<p>Out of all of the special options we uncovered, 6 are puts, for a total amount of $335,069, and 7 are calls, for a total amount of $399,389.</p>
<h3>What's The Price Target?</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $16.5 to $25.0 for Carnival during the past quarter. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Carnival's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Carnival's significant trades, within a strike price range of $16.5 to $25.0, over the past month.</p>
<h3>Carnival Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725478239_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$0.62</td>
<td>$0.61</td>
<td>$0.61</td>
<td>$25.00</td>
<td>$120.9K</td>
<td>9.0K</td>
<td>1.9K</td>
</tr>
<tr>
<td>CCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/17/25</td>
<td>$2.42</td>
<td>$2.41</td>
<td>$2.42</td>
<td>$17.00</td>
<td>$69.2K</td>
<td>41</td>
<td>298</td>
</tr>
<tr>
<td>CCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$0.95</td>
<td>$0.76</td>
<td>$0.76</td>
<td>$16.50</td>
<td>$67.2K</td>
<td>494</td>
<td>900</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/27/24</td>
<td>$0.41</td>
<td>$0.37</td>
<td>$0.37</td>
<td>$17.50</td>
<td>$63.7K</td>
<td>8.9K</td>
<td>2.0K</td>
</tr>
<tr>
<td>CCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$0.82</td>
<td>$0.8</td>
<td>$0.8</td>
<td>$16.50</td>
<td>$63.2K</td>
<td>494</td>
<td>3.0K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Carnival</h3>
<p>Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&amp;O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&amp;O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 13 million guests in 2019, prior to covid-19, a level it reached again in 2023.</p>
<p>In light of the recent options history for Carnival, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Present Market Standing of Carnival</h3>
<ul>
<li>Trading volume stands at 13,533,644, with CCL's price down by -0.46%, positioned at $16.27.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 23 days.</li>
</ul>
<h3>What The Experts Say On Carnival</h3>
<p>A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $15.0.</p>
<ul>
<li>An analyst from Morgan Stanley has decided to maintain their Underweight rating on Carnival, which currently sits at a price target of $15. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Carnival options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Carnival Unusual Options Activity

<p>Travel over the Labor Day holiday has <a href="https://www.benzinga.com/general/education/24/08/40653618/labor-day-weekend-with-a-billionaire-did-benzinga-readers-pick-musk-branson-cuban-gates-or-bezo">picked up significantly</a> from a year ago, data revealed.</p>
<p>Domestic travel is up 9% from the same period last year as American Automobile Association (AAA) booking data shows a 30% jump in trips to Seattle, partly because Seattle is a major port city for cruises to Alaska.</p>
<p>"This is a great time of year to take a cruise to Alaska. Crowds are smaller than earlier in the summer, the weather is still decent, although chillier than in July and August, and you may even see some fall colors," said <strong>Doreen Loofburrow</strong>, senior vice president of travel at AAA Oregon/Idaho.</p>
<p>Gas prices over Labor Day are averaging $3.35 a gallon nationwide, down from an average of $3.81 a gallon during the same period in 2023, according to AAA.</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/news/24/08/40577215/elliott-plans-meeting-with-southwest-over-immense-challenges-may-push-for-board-changes">Elliott Plans Meeting With Southwest Over &#8216;Immense&#8217; Challenges, May Push For Board Changes</a></strong></p>
<p>The Transportation Security Administration (TSA) said it plans to screen more than 17 million people at airports during what is expected to be the busiest Labor Day travel period on record from Aug. 29 into Sept. 4. TSA expects to screen 2.86 million travelers on the busiest day of Aug. 30.</p>
<p>The TSA said this summer&#8217;s air travel volumes have been the highest it has seen in its history, and it expects passenger volumes to be 8.5% higher than last year during this time. </p>
<p>&#8220;People are traveling more than ever this summer and TSA along with our airline and airport partners stand ready to close the busiest summer travel period on record during this upcoming Labor Day weekend," said TSA Administrator David Pekoske. </p>
<p><strong>Price Action</strong>: Rental car companies, airlines and cruise providers gave varied performances on Wall Street into Friday&#8217;s early-afternoon trading as the busy travel period was underway.</p>
<ul>
<li><strong>Hertz Global Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HTZ#NASDAQ">HTZ</a>) declined 3.1% to $3.10</li>
<li><strong>Avis Budget Group, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) fell 0.99% to $81.82</li>
<li><strong>Delta Air Lines, Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) gained 1.1% to $42.01</li>
<li><strong>United Airlines Holdings, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) rose 1.92% to $43.46</li>
<li><strong>Carnival Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) slipped 1.42% to $16.31</li>
<li><strong>Norwegian Cruise Line Holdings</strong> Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) slid 0.98% to $17.67</li>
</ul>
<p><strong>Read Now:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/markets/equities/24/08/40658314/chipmakers-tick-up-as-nvidia-halts-sell-off-dollar-rises-as-traders-revise-fed-wagers-whats-driv">Chipmakers Tick Up As Nvidia Halts Sell-Off, Dollar Rises As Traders Revise Fed Wagers: What&#8217;s Driving Markets Friday?</a></strong></li>
</ul>
<p><em>Photo: Ozkan Ulucam via Shutterstock</em></p>




Labor Day Getaway: Travelers Hit The Road As Gas Prices Drop

<p>Financial giants have made a conspicuous bearish move on Carnival. Our analysis of options history for Carnival (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) revealed 17 unusual trades.</p>
<p>Delving into the details, we found 17% of traders were bullish, while 70% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $295,016, and 14 were calls, valued at $777,706.</p>
<h3>What's The Price Target?</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $15.0 to $27.0 for Carnival over the recent three months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Carnival's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Carnival's significant trades, within a strike price range of $15.0 to $27.0, over the past month.</p>
<h3>Carnival Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724865348_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$2.98</td>
<td>$2.95</td>
<td>$2.95</td>
<td>$15.00</td>
<td>$265.5K</td>
<td>20.2K</td>
<td>1.0K</td>
</tr>
<tr>
<td>CCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$5.8</td>
<td>$5.7</td>
<td>$5.8</td>
<td>$22.00</td>
<td>$173.4K</td>
<td>458</td>
<td>300</td>
</tr>
<tr>
<td>CCL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$2.17</td>
<td>$2.13</td>
<td>$2.17</td>
<td>$17.50</td>
<td>$90.0K</td>
<td>15.8K</td>
<td>454</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$2.98</td>
<td>$2.94</td>
<td>$2.96</td>
<td>$15.00</td>
<td>$59.2K</td>
<td>20.2K</td>
<td>1.5K</td>
</tr>
<tr>
<td>CCL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$2.97</td>
<td>$2.93</td>
<td>$2.94</td>
<td>$15.00</td>
<td>$58.8K</td>
<td>20.2K</td>
<td>1.8K</td>
</tr>
</tbody>
</table>
</p>
<h3>About Carnival</h3>
<p>Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&amp;O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It's currently folding its P&amp;O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 13 million guests in 2019, prior to covid-19, a level it reached again in 2023.</p>
<p>Following our analysis of the options activities associated with Carnival, we pivot to a closer look at the company's own performance.</p>
<h3>Carnival's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 13,361,577, the CCL's price is down by -2.61%, now at $16.59. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 30 days.</li>
</ul>
<h3>What The Experts Say On Carnival</h3>
<p>In the last month, 1 experts released ratings on this stock with an average target price of $15.0.</p>
<ul>
<li>An analyst from Morgan Stanley persists with their Underweight rating on Carnival, maintaining a target price of $15. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Carnival, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Carnival Options Trading: A Deep Dive into Market Sentiment

Carnival shares are trading higher. The company today unveiled new itineraries for seven ships sailing in 2026 and 2027.

Top cyclical stocks for an expected GDP boost

Carnival Corporation continues gains for eight straight sessions

After suffering a severe downturn during the pandemic, Carnival Corp.'s ($CCL) stock has risen nearly 25% in the last year. With bookings on its cr...

Carnival Corp.'s Stock (NYSE:CCL) Has More Room to Run

The 30 highest quant-ranked consumer discretionary stocks as Société Générale upgrades sector

Barclays analyst Brandt Montour maintained a Buy rating on Carnival (CCL – Research Report) today and set a price target of $25.00. The company's s...

Barclays Keeps Their Buy Rating on Carnival (CCL)

Carnival Corporation: Robust Performance Metrics And Promising Industry Tailwinds, Initiate Buy

Janus Henderson High-Yield Fund Q2 2024 Commentary

Andrew Didora, an analyst from Bank of America Securities, reiterated the Buy rating on Carnival (CCL – Research Report). The associated price targ...

Comments

Carnival

Intérêt court

Carnival (NYSE:CCL) Stock, Rapport sur les intérêts à découvert

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL