Royal Caribbean Cruises (NYSE:RCL – Get Free Report) had its price target upped by stock analysts at JPMorgan Chase & Co. from $345.00 to $394.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 67.52% from the company’s current price.
A number of other equities analysts have also recently weighed in on the stock. BMO Capital Markets reissued an “outperform” rating and issued a $370.00 price objective on shares of Royal Caribbean Cruises in a research report on Wednesday. William Blair reissued an “outperform” rating on shares of Royal Caribbean Cruises in a report on Tuesday, July 28th. Citigroup raised their target price on Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Susquehanna lifted their price target on Royal Caribbean Cruises from $350.00 to $372.00 and gave the company a “positive” rating in a report on Wednesday, July 29th. Finally, TD Cowen upgraded shares of Royal Caribbean Cruises to a “strong-buy” rating in a research note on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and an average price target of $356.10.
Read Our Latest Research Report on Royal Caribbean Cruises
Royal Caribbean Cruises Trading Up 2.1%
Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, topping the consensus estimate of $3.98 by $0.23. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.The company had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same period in the prior year, the firm posted $4.38 earnings per share. The firm’s revenue was up 6.5% on a year-over-year basis. Royal Caribbean Cruises has set its FY 2026 guidance at 17.730-17.870 EPS and its Q3 2026 guidance at 6.260-6.360 EPS. As a group, analysts predict that Royal Caribbean Cruises will post 17.78 EPS for the current year.
Insider Activity
In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of the stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the sale, the chief executive officer owned 45,297 shares in the company, valued at $14,313,399.03. This trade represents a 22.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 6.44% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Royal Caribbean Cruises
A number of large investors have recently added to or reduced their stakes in RCL. IMG Wealth Management Inc. bought a new position in Royal Caribbean Cruises in the first quarter valued at about $27,000. Main Street Group LTD bought a new position in shares of Royal Caribbean Cruises during the first quarter worth about $28,000. Monetary Solutions Ltd acquired a new stake in shares of Royal Caribbean Cruises during the fourth quarter worth $29,000. Bell Investment Advisors Inc acquired a new position in Royal Caribbean Cruises in the second quarter valued at approximately $29,000. Finally, NBH Bank bought a new position in shares of Royal Caribbean Cruises during the 2nd quarter worth about $29,000. Institutional investors and hedge funds own 87.53% of the company’s stock.
Key Royal Caribbean Cruises News
Here are the key news stories impacting Royal Caribbean Cruises this week:
- Positive Sentiment: Royal Caribbean agreed to invest approximately $3 billion for a 50% stake in Sandals and Beaches Resorts, creating a joint venture valued at about $6 billion. The partnership broadens RCL beyond cruises into all-inclusive Caribbean vacations and could provide access to wealthier customers and additional cross-selling opportunities. The transaction is expected to close in early 2027. Reuters article
- Positive Sentiment: Truist reportedly views the Sandals transaction as accretive in its first year, while BMO reaffirmed its “outperform” rating and maintained a $370 price target, implying substantial upside from current levels. Truist analysis
- Positive Sentiment: The company raised its 2026 earnings outlook and expects adjusted earnings per share to grow roughly 14%, indicating that demand remains resilient despite the stock’s decline over the past year. Trefis analysis
Royal Caribbean Cruises Company Profile
Royal Caribbean Cruises Ltd., now operating as Royal Caribbean Group, is a global cruise vacation company headquartered in Miami, Florida. The company provides cruise vacations and related travel experiences through a fleet of ocean-going ships serving destinations across the Caribbean, Europe, Alaska, Asia, Australia and New Zealand, and other regions.
Royal Caribbean Group’s principal brands include Royal Caribbean International, Celebrity Cruises and Silversea. Royal Caribbean International focuses on large-ship vacations featuring entertainment, dining, family activities and onboard attractions; Celebrity Cruises offers premium cruises; and Silversea specializes in luxury and expedition voyages.
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