Iran Peace Deal Sends Oil Lower: Top 5 Travel Stocks to Buy Now

4. Carnival Corporation Ltd (NYSE:CCL)

Number of Hedge Fund Holders: 57

A number of sell-side firms, including Wells Fargo, Argus Research, Susquehanna, and Citi, recently raised their price targets on Carnival Corporation Ltd (NYSE:CCL), signaling a more positive outlook for the stock. Based on a report released on June 25, Wells Fargo analyst Trey Bowers raised the firm’s price target on the shares from $36 to $38 while maintaining a Buy rating. The firm’s assigned price target implies an additional 30% upside from here on.

Stifel Nicolaus joined Wells Fargo in increasing its price target on Carnival Corporation Ltd (NYSE:CCL), marking its second price target increase on the stock in June. As per the latest update, Stifel Nicolaus analyst Steven Wieczynski raised the firm’s price target on the shares from $36 to $37 and kept a Buy rating on June 24. Earlier in the month, on June 12, the firm had already lifted its price target on the stock to $36 from $35.

All this optimism followed Carnival Corporation Ltd.’s (NYSE:CCL) record second quarter. The company reported its Q2 fiscal 2026 earnings on June 23, posting record revenue, net income, yields, EBITDA, and customer deposits.

CEO Josh Weinstein remarked:

We have the financial flexibility to simultaneously invest, continue reducing leverage, and accelerate shareholder returns. We have already repurchased $450 million of stock.

Carnival Corporation Ltd (NYSE:CCL) is a cruise company that provides leisure travel services in North America, Australia, Europe, and internationally. It not only operates port destinations but also owns and operates hotels, lodges, glass-domed railcars, and motorcoaches. The company is headquartered in Miami, Florida, and was founded in 1972.