Can Carnival Stock Reach $40 in 2026?

Carnival Corp. (NYSE: CCL) is one of the leaders in the global cruise industry, with multiple brands and more than 90 ships that serve consumers in different corners of the world. Like its peers, Carnival was devastated when its operations were halted to prevent the spread of COVID-19. However, the company has registered strong financial performance in recent years.

This travel stock is trading around $29 per share right now. Can it climb to $40 in 2026? Here's how investors should think about Carnival as we look at the rest of this year.

Image source: Carnival.

Source Fool.com