Royal Caribbean Cruises (NYSE:RCL) Given New $394.00 Price Target at JPMorgan Chase & Co.

Key Points

• JPMorgan raised Royal Caribbean’s price target from $345 to $394 while maintaining an “overweight” rating, implying 67.52% potential upside from the prior close.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $356.10; Citigroup and Wells Fargo also recently increased their targets.
• Royal Caribbean reported quarterly EPS of $4.21, beating the $3.98 consensus estimate, while revenue reached $4.83 billion and rose 6.5% year over year.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) had its price target upped by JPMorgan Chase & Co. from $345.00 to $394.00 in a report issued 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 previous close.

Several other equities research analysts have also recently weighed in on the company. Citigroup increased their price target 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. TD Cowen raised shares of Royal Caribbean Cruises to a "strong-buy" rating in a research report on Tuesday, September 8th. William Blair restated an "outperform" rating on shares of Royal Caribbean Cruises in a report on Tuesday, July 28th. Wells Fargo & Company upped their price objective on shares of Royal Caribbean Cruises from $361.00 to $388.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. Finally, Loop Capital began coverage on Royal Caribbean Cruises in a research report on Monday, June 1st. They issued a "hold" rating and a $304.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $356.10.

Royal Caribbean Cruises Stock Performance

Royal Caribbean Cruises stock traded up $4.90 during midday trading on Thursday, hitting $235.20. The company's stock had a trading volume of 989,195 shares, compared to its average volume of 2,531,849. The company has a debt-to-equity ratio of 2.03, a current ratio of 0.21 and a quick ratio of 0.19. Royal Caribbean Cruises has a 1-year low of $222.22 and a 1-year high of $356.39. The company has a 50-day moving average price of $286.06 and a two-hundred day moving average price of $282.40. The company has a market cap of $62.90 billion, a price-to-earnings ratio of 14.55, a PEG ratio of 0.84 and a beta of 1.74.

Royal Caribbean Cruises (NYSE:RCL - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $4.21 EPS for the quarter, beating analysts' consensus estimates of $3.98 by $0.23. The business had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.82 billion. Royal Caribbean Cruises had a return on equity of 43.33% and a net margin of 23.54%.Royal Caribbean Cruises's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.38 earnings per share. 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, sell-side analysts predict that Royal Caribbean Cruises will post 17.78 earnings per share for the current year.

Insider Buying and Selling

In other Royal Caribbean Cruises news, CEO Michael Bayley sold 12,811 shares of Royal Caribbean Cruises stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $315.99, for a total value of $4,048,147.89. Following the completion of the transaction, the chief executive officer directly owned 45,297 shares of the company's stock, valued at $14,313,399.03. The trade was a 22.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 6.44% of the stock is owned by company insiders.

Institutional Trading of Royal Caribbean Cruises

A number of large investors have recently made changes to their positions in RCL. Capital International Investors grew its stake in shares of Royal Caribbean Cruises by 9.8% during the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company's stock worth $10,088,156,000 after purchasing an additional 3,215,382 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of Royal Caribbean Cruises in the second quarter valued at about $6,549,422,000. Capital Research Global Investors increased its stake in Royal Caribbean Cruises by 4.8% in 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 during the period. State Street Corp boosted its holdings in Royal Caribbean Cruises by 2.6% in the 2nd quarter. State Street Corp now owns 10,689,134 shares of the company's stock valued at $3,409,971,000 after purchasing an additional 270,930 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in shares of Royal Caribbean Cruises by 2.3% in the fourth quarter. Geode Capital Management LLC now owns 7,054,191 shares of the company's stock valued at $1,961,758,000 after purchasing an additional 155,491 shares during the period. 87.53% of the stock is currently owned by hedge funds and other institutional investors.

Royal Caribbean Cruises News Roundup

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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