Royal Caribbean Cruises (NYSE:RCL) Price Target Raised to $300.00

Royal Caribbean Cruises (NYSE:RCL) had its price objective increased by equities research analysts at Morgan Stanley from $280.00 to $300.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Morgan Stanley’s target price suggests a potential downside of 7.42% from the stock’s current price.

Several other brokerages have also recently commented on RCL. Barclays lowered their price target on Royal Caribbean Cruises from $351.00 to $340.00 and set an “overweight” rating for the company in a research note on Friday, May 1st. Citigroup lifted their target price on shares of Royal Caribbean Cruises from $327.00 to $362.00 and gave the company a “buy” rating in a research note on Wednesday. Truist Financial decreased their target price on shares of Royal Caribbean Cruises from $318.00 to $297.00 and set a “hold” rating for the company in a research report on Friday, May 22nd. Susquehanna raised their price target on shares of Royal Caribbean Cruises from $350.00 to $372.00 and gave the company a “positive” rating in a report on Wednesday. Finally, Loop Capital initiated coverage on shares of Royal Caribbean Cruises in a research note on Monday, June 1st. They issued a “hold” rating and a $304.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and a consensus target price of $350.50.

Royal Caribbean Cruises Price Performance

RCL opened at $324.04 on Thursday. The stock has a fifty day moving average price of $293.37 and a 200 day moving average price of $289.53. The company has a current ratio of 0.21, a quick ratio of 0.17 and a debt-to-equity ratio of 2.03. Royal Caribbean Cruises has a 1 year low of $232.10 and a 1 year high of $366.50. The stock has a market cap of $86.91 billion, a price-to-earnings ratio of 20.03, a PEG ratio of 1.11 and a beta of 1.76.

Royal Caribbean Cruises (NYSE:RCL) last issued its earnings results on Tuesday, July 28th. The company reported $4.21 earnings per share 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 for the quarter, compared to analyst estimates of $4.82 billion. During the same period in the prior year, the firm posted $4.38 EPS. The business’s revenue was up 6.5% compared to the same quarter last year. 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. Analysts forecast that Royal Caribbean Cruises will post 17.8 EPS for the current fiscal year.

Institutional Investors Weigh In On Royal Caribbean Cruises

A number of large investors have recently added to or reduced their stakes in RCL. TD Asset Management Inc grew its position in shares of Royal Caribbean Cruises by 29.7% in the fourth quarter. TD Asset Management Inc now owns 877,659 shares of the company’s stock valued at $244,797,000 after purchasing an additional 201,014 shares during the last quarter. Dougherty & Associates LLC acquired a new stake in Royal Caribbean Cruises in the 4th quarter valued at approximately $10,827,000. North Dakota State Investment Board acquired a new stake in Royal Caribbean Cruises in the 4th quarter valued at approximately $2,424,000. Stanley Laman Group Ltd. bought a new position in Royal Caribbean Cruises in the 4th quarter worth approximately $2,159,000. Finally, Capital International Sarl lifted its holdings in shares of Royal Caribbean Cruises by 19.3% during the fourth quarter. Capital International Sarl now owns 363,713 shares of the company’s stock worth $101,447,000 after buying an additional 58,734 shares during the last quarter. Institutional investors own 87.53% of the company’s stock.

Key Headlines Impacting Royal Caribbean Cruises

Here are the key news stories impacting Royal Caribbean Cruises this week:

• Positive Sentiment: Royal Caribbean reported second-quarter adjusted EPS of $4.21, above the approximately $3.98 analyst consensus, while revenue of $4.83 billion was broadly in line with estimates. Strong close-in bookings, onboard spending and cost efficiencies helped drive the profit beat. Royal Caribbean lifts full-year EPS forecast on strong demand
• Positive Sentiment: Management raised or reaffirmed its 2026 adjusted EPS outlook at $17.73-$17.87 and maintained expected net yield growth of 1.75%-2.25%. The outlook reflects resilient pricing and demand despite a challenging travel environment. Royal Caribbean forecasts 2026 adjusted EPS
• Positive Sentiment: Record booking volumes and pricing, fleet expansion, private destinations and planned river-cruise growth support expectations for earnings and cash-flow growth through 2028. The company has also been returning capital through substantial share repurchases. Royal Caribbean growth drivers investors should watch
• Neutral Sentiment: Analysts view RCL’s outlook as fundamentally healthy, but the stock’s roughly 20 forward price-to-earnings ratio, high beta and significant debt burden leave less room for execution or demand disappointments. Is RCL stock worth buying after its strong 2026 earnings outlook?
• Negative Sentiment: Royal Caribbean reduced its 2026 revenue-growth forecast from 10% to about 9% and narrowed reported net-yield guidance. Geopolitical tensions have moderated bookings, particularly in Europe, creating a less predictable near-term outlook. Royal Caribbean Q2: Wavy geopolitics creates bumpy cruise outlook
• Negative Sentiment: Higher fuel and operating costs, heavy capital spending and nearly $23 billion of debt remain risks if travel demand weakens. These concerns offset part of the benefit from the higher EPS forecast. Royal Caribbean: Not priced for perfection

About Royal Caribbean Cruises

Royal Caribbean Cruises (NYSE: RCL), operating as part of the Royal Caribbean Group, is a global cruise company that develops, markets and operates passenger cruise ships. The company operates multiple consumer-facing cruise brands that offer short- and long-duration itineraries and a range of onboard experiences. Its core activities include itineraries and voyage operations, guest services and hospitality, onboard food and beverage, entertainment and recreation programming, and the commercial activities needed to sell and support cruises through both direct and travel‑agent channels.

Royal Caribbean’s ships serve a broad set of geographies worldwide, regularly deploying vessels in the Caribbean, North America (including Alaska), Europe, Asia, Australia and South America.