10 Cheap Travel Stocks to Buy According to Analysts

8. Carnival Corporation & plc (NYSE:CCL)

Forward Price-to-Earnings: 15.59

Upside Potential: 7.63%

Number of Hedge Funds: 55

Carnival Corporation & plc (NYSE:CCL), considered a cheaply priced stock and a top pick among analysts, is included in our list of the 10 Cheap Travel Stocks to Buy According to Analysts.

As the travel industry’s momentum is on an upward trajectory, Carnival Corporation & plc (NYSE:CCL) is attracting the attention of Wall Street.

On July 22, 2025, citing the company’s disciplined capacity growth, TD Cowen gave Carnival Corporation & plc (NYSE:CCL) a ‘Buy’ rating with a $36 price target. Instead of scaling up, the company is focusing on yield optimization with the help of its proprietary YODA system. The system resulted in an industry-leading 7% yield growth in the first half of 2025 with a strong gross margin of 54.7%. The analyst expects a five-year CAGR of 19% in net income and 21% in EPS due to this focus on margins and declining interest expenses.

Furthermore, on July 23, 2025, BofA increased its price target on Carnival Corporation & plc (NYSE:CCL) from $31 to $38. The analyst, too, cited the growing momentum of cruise equities, along with strong earnings expectations.

Carnival Corporation & plc (NYSE:CCL), a leisure travel company, offers cruise vacations with brands like Carnival Cruise Line, Princess Cruises, and Holland America Line. It is included in our list of cheap travel stocks.