<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2023/06/178661785-m-normal-none.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2023/06/178661785-m-normal-none.jpg"/></p>
<p>嘉年華的股價本週遭遇了嚴重的回調，跌至自 6 月 24 日以來的最低水平。今年以來，其股價從最高點下跌了 24.35%，市值蒸發了數十億美元，從 9 月份的年內最高市值 423 億美元降至今天的 320 億美元。</p>
<p>嘉年華股票的持續下跌與行業內其他公司的表現一致。皇家加勒比的股價下跌了 3%，市值降至 697 億美元，而挪威郵輪下跌了 2%。維京控股的股票基本保持不變。</p>
<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/11/CCL_2025-11-25_09-56-03-1024x579.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/11/CCL_2025-11-25_09-56-03-1024x579.png"/></p>
<p><em>嘉年華 vs 皇家加勒比 vs 挪威股票</em></p>
<h2>為什麼嘉年華股價下跌</h2>
<p>嘉年華的股價在一些知名行業專家對行業前景持謹慎態度後回落。一位巴克萊分析師在一份報告中表示，嘉年華的管理層在最近一次前往 AIDAdiva 號遊輪的行程中傳達了謹慎的語氣。</p>
<p>具體來説，管理層對加勒比地區日益增長的運力表示擔憂，嘉年華、挪威和皇家加勒比等頂級公司正在尋求獲取市場份額。</p>
<p>嘉年華的股價也因近期發生的一起事件而下跌，事件中一名青少年安娜·凱普納在本月早些時候被發現死於其房間。有關部門現在認為這名青少年是被其繼兄弟殺害的。儘管這一報道對公司來説是壞消息，但對其業務產生持久影響的可能性不大。</p>
<h2>嘉年華的業務表現良好</h2>
<p>儘管如此，基本面表明公司的業務表現良好，這一趨勢可能會在未來幾個月繼續，因為對郵輪的需求持續增長，公司的估值也保持友好。</p>
<p>美國的郵輪需求正在上升，主要由 Z 世代和千禧一代推動，大多數旅行者年齡在 46 歲以下。這與疫情前大多數旅行者為退休人員的情況形成了鮮明對比。最重要的是，這些投資者正在消費，並願意花更多的錢。</p>
<p>最近的數據顯示，嘉年華的淨收益在上個季度上升至 4.6%，高於其 3.5% 的指導預期。最重要的是，其郵輪成本低於預期，僅上漲了 5%。其指導預期為 7% 的增長。</p>
<p>與此同時，公司繼續提高其指導預期，今年已提高了三次。例如，他們將全年的淨收益預期提高至 5.3%，並將調整後的 EBITDA 指導提高至 71 億美元，高於 12 月份的 66 億美元。</p>
<p>此外，管理層的淨收入指導為 29 億美元，高於 12 月份的 23 億美元，表明管理層預計增長將加速。</p>
<p>公司能夠提供相對準確的指導，因為其客户存款和未來預訂大幅上升。上個季度，其客户存款從去年同期的 63 億美元躍升至 71 億美元。</p>
<p>嘉年華股票還有更多看漲的催化劑，包括其慶典關鍵項目的增長，該目的地吸引了超過 50 萬遊客，預計明年將躍升至 300 萬。它還將業務擴展到中國，同時其估值倍數並不算極端。</p>
<h2>嘉年華股價技術分析</h2>
<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/11/Carnival-share-price-1024x579.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/11/Carnival-share-price-1024x579.png"/></p>
<p>CCL 股價走勢圖 | 來源：TradingView</p>
<p>日線圖顯示，嘉年華股價在 8 月份達到 32.82 美元，形成了一個小的雙頂形態。</p>
<p>該股現在已經大幅下跌，正接近形成死亡交叉形態，因為 50 日和 200 日加權移動平均線的差距已縮小。</p>
<p>CCL 股價已跌破 28.75 美元的重要支撐位，這是今年 1 月份的最高點。</p>
<p>因此，最可能的情況是，當前的震盪將持續一段時間，然後該股將反彈，並可能重新測試年內最高點 32.8 美元。</p>
<p>嘉年華股價遭遇波動：這是一隻值得購買的價值股嗎？的文章最早出現在 Invezz 上。</p>

嘉年華存託憑證

嘉年華郵輪

<p>嘉年華的股價從今年的高峰下跌了 24.35%，市值從 423 億美元減少到 320 億美元。這一下降與行業趨勢一致，皇家加勒比和挪威郵輪的股價也出現了下跌。儘管負面新聞和謹慎的行業前景存在，嘉年華的基本面依然強勁，需求上升，財務指引改善。技術分析表明，在當前下跌之後可能會出現反彈</p>

<p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2023/06/178661785-m-normal-none.jpg" alt="" original-src="https://invezz.com/wp-content/uploads/2023/06/178661785-m-normal-none.jpg"/></p>
<p>Carnival share price suffered a harsh reversal this week, falling to the lowest level since June 24. It has dived by 24.35% from its highest point this year, erasing billions of dollars in value as its market capitalization dropped from the year-to-date high of $42.3 billion in September to $32 billion today.</p>
<div class="lb-trans"><p>嘉年華的股價本週遭遇了嚴重的回調，跌至自 6 月 24 日以來的最低水平。今年以來，其股價從最高點下跌了 24.35%，市值蒸發了數十億美元，從 9 月份的年內最高市值 423 億美元降至今天的 320 億美元。</p>
</div><p>The ongoing Carnival stock crash aligned with the performance of other companies in the industry. Royal Caribbean’s stock price dropped by 3%, bringing its market capitalization to $69.7 billion, while Norwegian Cruise fell by 2%. Viking Holdings stock was largely unchanged.</p>
<div class="lb-trans"><p>嘉年華股票的持續下跌與行業內其他公司的表現一致。皇家加勒比的股價下跌了 3%，市值降至 697 億美元，而挪威郵輪下跌了 2%。維京控股的股票基本保持不變。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/11/CCL_2025-11-25_09-56-03-1024x579.png" alt="" original-src="https://invezz.com/wp-content/uploads/2025/11/CCL_2025-11-25_09-56-03-1024x579.png"/></p>
<p><em>Carnival vs Royal Caribbean vs Norwegian stocks</em></p>
<div class="lb-trans"><p><em>嘉年華 vs 皇家加勒比 vs 挪威股票</em></p>
</div><h2>Why Carnival share price dropped</h2>
<div class="lb-trans"><h2>為什麼嘉年華股價下跌</h2>
</div><p>Carnival stock price retreated after some notable industry experts delivered a cautious outlook about the industry. In a note, a Barclays analyst said that Carnival’s management had conveyed a cautious tone during a recent trip to the AIDAdiva vessel.</p>
<div class="lb-trans"><p>嘉年華的股價在一些知名行業專家對行業前景持謹慎態度後回落。一位巴克萊分析師在一份報告中表示，嘉年華的管理層在最近一次前往 AIDAdiva 號遊輪的行程中傳達了謹慎的語氣。</p>
</div><p>Precisely, the management is concerned about the rising capacity in the Caribbean, where top companies like Carnival, Norwegian, and Royal Caribbean are seeking to gain market share.</p>
<div class="lb-trans"><p>具體來説，管理層對加勒比地區日益增長的運力表示擔憂，嘉年華、挪威和皇家加勒比等頂級公司正在尋求獲取市場份額。</p>
</div><p>Carnival stock also dropped amid negative headlines about a recent incident in which Anna Kepner, a teenager, was found dead in her room earlier this month. Authorities now believe that the teen was killed by her stepbrother. Still, while this report is bad news for the company, chances of it having a lasting impact on its business are slim.</p>
<div class="lb-trans"><p>嘉年華的股價也因近期發生的一起事件而下跌，事件中一名青少年安娜·凱普納在本月早些時候被發現死於其房間。有關部門現在認為這名青少年是被其繼兄弟殺害的。儘管這一報道對公司來説是壞消息，但對其業務產生持久影響的可能性不大。</p>
</div><h2>Carnival’s business is doing well</h2>
<div class="lb-trans"><h2>嘉年華的業務表現良好</h2>
</div><p>Still, fundamentals suggest that the company’s business is doing well, a trend that may continue in the coming months as demand for cruising continues and its valuation continues to be friendly.</p>
<div class="lb-trans"><p>儘管如此，基本面表明公司的業務表現良好，這一趨勢可能會在未來幾個月繼續，因為對郵輪的需求持續增長，公司的估值也保持友好。</p>
</div><p>Demand for cruising is rising in the United States, led by Gen Z and millennials, with most travelers being less than 46 years old. This is a sharp contrast to what happened before the pandemic when most of the travelers were retirees. Most importantly, these investors are spending and willing to spend more money.</p>
<div class="lb-trans"><p>美國的郵輪需求正在上升，主要由 Z 世代和千禧一代推動，大多數旅行者年齡在 46 歲以下。這與疫情前大多數旅行者為退休人員的情況形成了鮮明對比。最重要的是，這些投資者正在消費，並願意花更多的錢。</p>
</div><p>The most recent results showed that Carnival’s net yield rose to 4.6% in the last quarter, higher than its guidance of 3.5%. Most importantly, the cost of its cruise was lower than expected, rising by 5%. Its guidance was a 7% increase.</p>
<div class="lb-trans"><p>最近的數據顯示，嘉年華的淨收益在上個季度上升至 4.6%，高於其 3.5% 的指導預期。最重要的是，其郵輪成本低於預期，僅上漲了 5%。其指導預期為 7% 的增長。</p>
</div><p>Meanwhile, the company continued to boost its guidance, raising it for the third time this year. For example, they boosted the full-year net yield to 5.3% and adjusted EBITDA guidance to $7.1 billion, higher than the $6.6 billion in December.</p>
<div class="lb-trans"><p>與此同時，公司繼續提高其指導預期，今年已提高了三次。例如，他們將全年的淨收益預期提高至 5.3%，並將調整後的 EBITDA 指導提高至 71 億美元，高於 12 月份的 66 億美元。</p>
</div><p>Also, the management’s net income guidance of $2.9 billion was higher than $2.3 billion in December, a sign that the management expects the growth to accelerate.</p>
<div class="lb-trans"><p>此外，管理層的淨收入指導為 29 億美元，高於 12 月份的 23 億美元，表明管理層預計增長將加速。</p>
</div><p>The company is able to provide relatively accurate guidance because of its soaring customer deposits and forward bookings. Its customer deposits jumped to $7.1 billion last quarter to $6.3 billion in the same period last year.</p>
<div class="lb-trans"><p>公司能夠提供相對準確的指導，因為其客户存款和未來預訂大幅上升。上個季度，其客户存款從去年同期的 63 億美元躍升至 71 億美元。</p>
</div><p>Carnival stock has more bullish catalysts, including the growth of its Celebration Key, a destination that has attracted over 500k visitors, a figure that will jump to 3 million next year. It has also expanded its business to China, while its valuation multiples are not all that extreme.</p>
<div class="lb-trans"><p>嘉年華股票還有更多看漲的催化劑，包括其慶典關鍵項目的增長，該目的地吸引了超過 50 萬遊客，預計明年將躍升至 300 萬。它還將業務擴展到中國，同時其估值倍數並不算極端。</p>
</div><h2>Carnival stock price technical analysis</h2>
<div class="lb-trans"><h2>嘉年華股價技術分析</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://invezz.com/wp-content/uploads/2025/11/Carnival-share-price-1024x579.png" alt="" original-src="https://invezz.com/wp-content/uploads/2025/11/Carnival-share-price-1024x579.png"/></p>
<p>CCL stock price chart | Source: TradingView</p>
<div class="lb-trans"><p>CCL 股價走勢圖 | 來源：TradingView</p>
</div><p>The daily timeframe chart shows that the Carnival stock price peaked at $32.82 in August, forming a small double-top pattern.</p>
<div class="lb-trans"><p>日線圖顯示，嘉年華股價在 8 月份達到 32.82 美元，形成了一個小的雙頂形態。</p>
</div><p>The stock has now plunged and is about to form a death cross pattern as the spread of 50-day and 200-day Weighted Moving Averages (WMA) has narrowed.</p>
<div class="lb-trans"><p>該股現在已經大幅下跌，正接近形成死亡交叉形態，因為 50 日和 200 日加權移動平均線的差距已縮小。</p>
</div><p>CCL stock price has moved below the important support level at $28.75, its highest point in January this year.</p>
<div class="lb-trans"><p>CCL 股價已跌破 28.75 美元的重要支撐位，這是今年 1 月份的最高點。</p>
</div><p>Therefore, the most likely scenario is where the ongoing shakeout continues for a while and then the stock will rebound and possibly retest the year-to-date high of $32.8.</p>
<div class="lb-trans"><p>因此，最可能的情況是，當前的震盪將持續一段時間，然後該股將反彈，並可能重新測試年內最高點 32.8 美元。</p>
</div><p>The post Carnival share price hits turbulence: is it a good value stock to buy? appeared first on Invezz</p>
<div class="lb-trans"><p>嘉年華股價遭遇波動：這是一隻值得購買的價值股嗎？的文章最早出現在 Invezz 上。</p>
</div>

嘉年華郵輪的股價遭遇波動：它是否是一個值得購買的價值股？