Royal Caribbean Cruises (NYSE:RCL – Get Free Report) had its price target decreased by stock analysts at Citigroup from $362.00 to $327.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s target price points to a potential upside of 14.14% from the stock’s current price.
Several other equities analysts have also weighed in on RCL. Loop Capital assumed coverage on shares of Royal Caribbean Cruises in a research report on Monday, June 1st. They set a “hold” rating and a $304.00 price target for the company. BMO Capital Markets initiated coverage on shares of Royal Caribbean Cruises in a research report on Tuesday, July 7th. They issued an “outperform” rating and a $370.00 price objective on the stock. Stifel Nicolaus set a $410.00 target price on shares of Royal Caribbean Cruises in a research note on Friday, May 1st. Freedom Capital raised shares of Royal Caribbean Cruises to a “strong-buy” rating in a research report on Wednesday, June 3rd. Finally, Mizuho set a $380.00 price target on shares of Royal Caribbean Cruises in a research note on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Royal Caribbean Cruises presently has a consensus rating of “Moderate Buy” and a consensus target price of $345.05.
Read Our Latest Stock Report on RCL
Royal Caribbean Cruises Stock Down 0.5%
Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $3.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.20 by $0.40. The firm had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.46 billion. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.71 EPS. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. Analysts expect that Royal Caribbean Cruises will post 17.29 EPS for the current year.
Institutional Investors Weigh In On Royal Caribbean Cruises
Institutional investors have recently made changes to their positions in the stock. Capital International Investors raised its stake in shares of Royal Caribbean Cruises by 9.8% during the 4th quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock valued at $10,088,156,000 after purchasing an additional 3,215,382 shares during the period. Norges Bank bought a new position in Royal Caribbean Cruises in the 4th quarter worth about $456,752,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Royal Caribbean Cruises by 25,747.4% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,202,161 shares of the company’s stock worth $335,307,000 after purchasing an additional 1,197,510 shares during the period. Capital Research Global Investors grew its holdings in Royal Caribbean Cruises by 4.8% during the 4th quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock valued at $5,627,669,000 after buying an additional 920,042 shares in the last quarter. Finally, Janus Henderson Group PLC grew its holdings in Royal Caribbean Cruises by 23.9% during the 4th quarter. Janus Henderson Group PLC now owns 2,416,425 shares of the company’s stock valued at $673,990,000 after buying an additional 465,401 shares in the last quarter. Hedge funds and other institutional investors own 87.53% of the company’s stock.
Royal Caribbean Cruises Company Profile
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.
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