Carnival Stock Hit by Choppy Waters, But Analysts See Clear Skies Ahead

Carnival stock has fallen recently due to economic concerns, but analysts see smoother sailing ahead.

Multiple analysts have upgraded or reiterated buy ratings on Carnival recently despite short-term headwinds.

Favorable demographics will boost cruising demand, with the rapidly growing 65+ population having time and money.

Carnival is expected to return to profitability next year as the economy and market improve.

While risks remain in the near term, long-term rewards appear to outweigh risks for Carnival stock currently.