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Royal Caribbean Cruises (RCL) Stock Forecast & Price Target

Royal Caribbean Cruises logo
$235.87 +1.20 (+0.51%)
(As of 11/20/2024 ET)

Royal Caribbean Cruises - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
13

Based on 15 Wall Street analysts who have issued ratings for Royal Caribbean Cruises in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 15 analysts, 2 have given a hold rating, and 13 have given a buy rating for RCL.

Consensus Price Target

$220.00
-6.73% Downside
According to the 15 analysts' twelve-month price targets for Royal Caribbean Cruises, the average price target is $220.00. The highest price target for RCL is $270.00, while the lowest price target for RCL is $154.00. The average price target represents a forecasted downside of -6.73% from the current price of $235.87.
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RCL Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
13 Buy rating(s)
14 Buy rating(s)
14 Buy rating(s)
11 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$220.00$192.13$182.13$111.93
Forecasted Upside-6.73% Downside-5.55% Downside11.68% Upside6.64% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

RCL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RCL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Royal Caribbean Cruises Stock vs. The Competition

TypeRoyal Caribbean CruisesConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.87
2.56
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-6.73% Downside1,133.18% Upside9.81% Upside
News Sentiment Rating
Positive News

See Recent RCL News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/13/2024Bank of America
4 of 5 stars
 Boost TargetNeutral ➝ Neutral$210.00 ➝ $240.00+1.16%
11/7/2024Tigress Financial
2 of 5 stars
 Boost TargetBuy ➝ Buy$210.00 ➝ $270.00+21.54%
10/30/2024Macquarie
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$189.00 ➝ $250.00+19.98%
10/30/2024Citigroup
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 Boost TargetBuy ➝ Buy$253.00 ➝ $257.00+22.47%
10/30/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$180.00 ➝ $232.00+10.56%
10/30/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$220.00 ➝ $245.00+16.39%
10/30/2024Barclays
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 Boost TargetOverweight ➝ Overweight$244.00 ➝ $245.00+16.39%
10/29/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$213.00 ➝ $243.00+15.36%
10/11/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$200.00 ➝ $230.00+17.79%
9/26/2024Truist Financial
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 Boost TargetBuy ➝ Buy$175.00 ➝ $204.00+11.78%
8/7/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$140.00 ➝ $154.00+0.94%
7/31/2024UBS Group
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 Boost TargetBuy ➝ Buy$168.00 ➝ $183.00+16.93%
7/30/2024Susquehanna
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 Boost TargetPositive ➝ Positive$160.00 ➝ $180.00+16.02%
7/26/2024Mizuho
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 Boost TargetOutperform ➝ Outperform$168.00 ➝ $195.00+27.11%
5/29/2024Argus
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 Boost TargetBuy ➝ Buy$161.00 ➝ $172.00+16.26%
10/23/2023HSBC
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 Initiated CoverageBuy$115.00+43.68%
6/12/2023VNET Group
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 Reiterated RatingMaintains
5/5/2023Deutsche Bank Aktiengesellschaft
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 Boost Target$65.00 ➝ $71.00-4.67%
5/4/2023William Blair
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S. Zackfia
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Reiterated RatingOutperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:27 AM ET.


Should I Buy Royal Caribbean Cruises Stock? RCL Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 1, 2024. Please send any questions or comments about these Royal Caribbean Cruises pros and cons to contact@marketbeat.com.

Royal Caribbean Cruises
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Royal Caribbean Cruises Ltd.:

  • Strong Earnings Growth: Royal Caribbean Cruises Ltd. reported earnings per share of $3.21 for the last quarter, surpassing analyst estimates by $0.45. This indicates a robust financial performance.
  • Positive Revenue Trend: The company's revenue for the quarter was $4.10 billion, showing a 16.4% increase compared to the same period last year. This growth trajectory is favorable for investors.
  • Market Capitalization: With a market capitalization of $44.16 billion, Royal Caribbean Cruises Ltd. is a significant player in the cruise industry, offering stability and potential for growth.
  • Dividend Payment: The company recently announced a dividend of $0.40 per share, with a payout ratio of 20.62%. This can be attractive to income-seeking investors.
  • Insider Ownership: Company insiders own 7.95% of the company's stock, indicating confidence in the business's future prospects.

Royal Caribbean Cruises
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Royal Caribbean Cruises Ltd. for these reasons:

  • Volatility Risk: With a beta of 2.61, Royal Caribbean Cruises Ltd. is more volatile compared to the market average. Investors should be prepared for fluctuations in the stock price.
  • High P/E Ratio: The company has a price-to-earnings ratio of 22.11, which may indicate that the stock is relatively expensive compared to its earnings. Investors should consider valuation metrics.
  • Price-to-Earnings-Growth Ratio: The price-to-earnings-growth ratio of 0.47 suggests that the stock may be overvalued relative to its growth prospects. Investors should assess if the current price reflects future growth potential.
  • Director Stock Sale: A director recently sold shares of Royal Caribbean Cruises Ltd., which could signal lack of confidence or insider concerns about the company's performance.
  • Institutional Outflows: Some institutional investors have reduced their stakes in the company, indicating a potential lack of institutional confidence in Royal Caribbean Cruises Ltd.'s future performance.

RCL Forecast - Frequently Asked Questions

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Royal Caribbean Cruises is $220.00, with a high forecast of $270.00 and a low forecast of $154.00.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Royal Caribbean Cruises in the last year. There are currently 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RCL shares.

According to analysts, Royal Caribbean Cruises's stock has a predicted downside of -6.73% based on their 12-month stock forecasts.

Royal Caribbean Cruises has been rated by research analysts at Bank of America, Barclays, Citigroup, JPMorgan Chase & Co., Macquarie, Stifel Nicolaus, The Goldman Sachs Group, Tigress Financial, Truist Financial, and Wells Fargo & Company in the past 90 days.

Analysts like Royal Caribbean Cruises more than other "consumer discretionary" companies. The consensus rating score for Royal Caribbean Cruises is 2.87 while the average consensus rating score for "consumer discretionary" companies is 2.56. Learn more on how RCL compares to other companies.


This page (NYSE:RCL) was last updated on 11/21/2024 by MarketBeat.com Staff
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