CCL Stock Today: December 27 — Judge Upholds Hawaii Cruise Tax, 2026 Start
CCL stock is in focus after a federal judge upheld Hawaii’s Green Fee that adds an 11% tax on cruise passenger fares plus up to a 3% county surcharge starting in 2026. An appeal is planned, but the ruling raises near-term pricing and demand risk on Hawaii sailings and may set a template other destinations follow. Today, CCL trades at $31.25, within a 52-week range of $15.07 to $32.89. We break down the policy details, market reaction, valuation, and the technical levels that matter for CCL stock.
Hawaii’s Green Fee Ruling: What It Means for Cruise Lines
Hawaii’s Green Fee stands at 11% of cruise passenger fares, with counties able to add up to a 3% surcharge, starting in 2026. A federal judge declined to block the law, allowing implementation to proceed while legal challenges continue, according to ABC News. For every $1,000 in fare, that implies $110 in state tax and up to $30 in county surcharge. CCL stock holders should expect itinerary-level cost reviews.
Plaintiffs plan to appeal, but the near-term effect is clarity that the tax will launch unless a higher court intervenes. Local coverage confirms the measure survived initial challenges and is set to take effect on schedule, per Hawaii News Now. CCL stock investors should watch whether other ports pursue similar models, which could lift industry-wide costs beyond Hawaii.
Reading the CCL Tape After the Decision
CCL stock sits at $31.25 with a day range of $31.12 to $31.62 and a 52-week high of $32.89. The 50-day average is $27.52 and the 200-day is $26.04. RSI is 67.76 and MFI is 80.92, signaling overbought conditions. Bollinger upper band is $32.06, suggesting near-term resistance, with mid-band support around $27.67. Intraday support is near $31.12.
Momentum stays constructive: MACD 1.18 vs 0.57 signal with a 0.61 histogram. ADX at 38.62 indicates a strong trend. CCI at 115.26 and Stochastic %K at 86.69 flag overbought risk. ATR of 1.11 points to active volatility. For CCL stock, watch $32.06 and $32.89 as breakout zones, with pullback risk toward $31.12 and the $30 area if momentum cools.
Valuation, Balance Sheet, and Street Views
CCL stock trades at $31.25 with EPS of $2.02 and a P/E near 15.2. Price-to-sales is 1.52 and EV/EBITDA is 10.55. ROE is 25.45% and net margin is 10.37%. Leverage remains elevated with debt-to-equity at 2.28 and current ratio at 0.32. Next earnings are slated for March 19, 2026. Stock Grade: B+ with a BUY suggestion, while a separate company rating lists C+ and Sell.
Analyst mix: 17 Buy, 4 Hold, 1 Sell, with a consensus target of $34.38, median $35, high $40, low $22. CCL stock shows 6-month performance of +33.18% and 1-year of +9.31%. Longer term, 3-year is +159.81%. Forecasts point to $41.76 in 3 years and $55.00 in 5 years, though outcomes depend on pricing power and demand.
What the Hawaii Fee Could Do to Itinerary Economics
For illustration, every $1,000 in fare would add $110 in state tax and up to $30 in county surcharge. Carnival can try to pass some or all of the fee to customers, reduce discounts, or absorb part of it. CCL stock investors should monitor yield comments on Hawaii sailings, onboard spending offsets, and booking curves after the fee’s rollout timeline becomes clearer.
Carnival could fine-tune capacity, adjust port calls, bundle value-adds, or lean on loyalty programs to preserve occupancy and pricing. Watch commentary on Hawaii exposure by brand, any itinerary shifts, and whether other ports consider similar taxes. For CCL stock, key catalysts include appeal updates, 2026 pricing plans, and guidance on margin protection in affected routes.
Final Thoughts
Hawaii’s Green Fee raises a clear 2026 cost headwind for cruise operators. For CCL stock, the near-term question is pricing power: how much of an 11% state tax plus up to a 3% county surcharge can be passed through without denting demand on Hawaii itineraries. Technically, momentum is firm but overbought, with resistance near $32.06 and $32.89. Fundamentally, valuation sits in the mid-teens P/E, margins have improved, and leverage remains a watch item. Action plan: track appeal milestones, listen for Hawaii-specific pricing and booking color on the next earnings call, and watch for copycat policies elsewhere. Consider scaling entries on pullbacks and setting risk limits given the policy and volume-driven volatility. This is not financial advice.
FAQs
Hawaii’s Green Fee is an 11% tax on cruise passenger fares, with counties allowed to add up to a 3% surcharge. A federal judge declined to block the law, so it is set to begin in 2026 pending any successful appeal. For CCL stock investors, it introduces a new cost factor that may influence pricing, demand, and itinerary planning for Hawaii sailings.
The fee raises per-fare costs on Hawaii itineraries, which could pressure yields if Carnival absorbs part of the tax, or bookings if customers resist higher prices. CCL stock may react to updates on appeals, pricing pass-through rates, and booking trends. If other destinations adopt similar taxes, industry-wide costs could rise, influencing margins and valuation across cruise stocks today.
Price sits at $31.25. Immediate resistance is near the Bollinger upper band at $32.06 and the 52-week high at $32.89. Support sits around $31.12 and the middle Bollinger band near $27.67. Indicators show strong trend but overbought conditions. Traders often look for confirmed closes above resistance or pullbacks to support with improving momentum before adding risk.
It depends on risk tolerance. CCL stock trades around a 15.2 P/E with improved profitability and strong 6-month gains. Balance-sheet leverage and potential cost pressures from Hawaii are the key risks. Street targets center near $35 and momentum is strong but overbought. Many investors wait for pullbacks or for clarity on pass-through pricing and booking trends before adding exposure.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
