1 Growth Stock Down 65% to Buy Right Now

1 Growth Stock Down 65% to Buy Right Now

Carnival’s Record-Breaking Growth: Why Its Stock Could Keep Rising in 2025

Carnival (NYSE: CCL) is riding the wave of a booming cruise industry, reporting record-breaking revenue and bookings in 2024. Despite an impressive 71% stock gain over the past year, shares remain 65?low their 2018 peak, reflecting the company’s pandemic-era struggles. However, with a strong earnings outlook and expansion plans, Carnival’s stock could have plenty of room to grow in 2025.

Carnival’s Financial Comeback

The cruise giant faced a tough road after the COVID-19 shutdown, relying on debt financing and share dilution to stay afloat. But in fiscal year 2024, Carnival generated $25 billion in revenue—a 15% year-over-year increase and 20?ove pre-pandemic levels.

This turnaround has been fueled by new ship launches, fleet upgrades, and premium pricing strategies. As a result, adjusted earnings per share (EPS) surged to $1.42 in 2024, compared to breakeven in 2023. Wall Street expects EPS to grow another 23.2% in 2025, signaling continued profitability momentum.

Exciting Growth Catalysts for 2025 and Beyond

Carnival is set to open Celebration Key, a new Caribbean destination in late 2025, capable of hosting 2 million guests annually and scaling to 4 million by 2028. This exclusive resort joins Carnival’s existing portfolio of private island experiences, enhancing its appeal to vacationers willing to pay premium prices.

With rising demand, fleet expansions, and strategic investments, Carnival is well-positioned for sustained growth, making its stock an attractive prospect for investors looking ahead to 2025.