Royal Caribbean Cruises (RCL) Stock Forecast & Price Target

$195.64

+2.05 (+1.06%)

(As of 10/11/2024 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

Moderate Buy

Based on 16 Analyst Ratings

Sell
0

Hold
2

Buy
14

Based on 16 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 16 analysts, 2 have given a hold rating, and 14 have given a buy rating for RCL.

Consensus Price Target

$189.06
-3.36% Downside

According to the 16 analysts' twelve-month price targets for Royal Caribbean Cruises, the average price target is $189.06. The highest price target for RCL is $253.00, while the lowest price target for RCL is $115.00. The average price target represents a forecasted downside of -3.36% from the current price of $195.64.

RCL Analyst Ratings Over Time

Type	Current Forecast 10/13/23 to 10/12/24	1 Month Ago 9/13/23 to 9/12/24	3 Months Ago 7/15/23 to 7/14/24	1 Year Ago 10/13/22 to 10/13/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	14 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	$189.06	$182.13	$162.38	$111.31
Forecasted Upside	-3.36% Downside	10.00% Upside	-2.42% Downside	29.29% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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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.

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.

Royal Caribbean Cruises Stock vs. The Competition

Type	Royal Caribbean Cruises	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.88	2.55	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	-3.36% Downside	1,171.40% Upside	6.81% Upside
News Sentiment Rating	Positive News See Recent RCL News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/11/2024	Stifel Nicolaus 4 of 5 stars		Boost Target	Buy ➝ Buy	$200.00 ➝ $230.00	+17.79%
10/9/2024	Citigroup 3 of 5 stars		Boost Target	Buy ➝ Buy	$204.00 ➝ $253.00	+35.11%
9/26/2024	Truist Financial 2 of 5 stars		Boost Target	Buy ➝ Buy	$175.00 ➝ $204.00	+11.78%
9/16/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$210.00 ➝ $213.00	+23.93%
8/7/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$140.00 ➝ $154.00	+0.94%
8/2/2024	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$155.00 ➝ $210.00	+50.01%
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7/31/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$168.00 ➝ $183.00	+16.93%
7/30/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$165.00 ➝ $189.00	+21.04%
7/30/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Positive ➝ Positive	$160.00 ➝ $180.00	+16.02%
7/26/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$168.00 ➝ $195.00	+27.11%
7/26/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$185.00 ➝ $195.00	+26.71%
7/23/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$145.00 ➝ $172.00	-0.31%
7/17/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$170.00 ➝ $195.00	+16.53%
5/29/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$161.00 ➝ $172.00	+16.26%
5/17/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$159.00 ➝ $165.00	+15.35%
10/23/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$115.00	+43.68%
6/12/2023	VNET Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
5/5/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$65.00 ➝ $71.00	-4.67%
5/4/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Zackfia Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform
11/4/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$135.00 ➝ $117.00	+117.59%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 04:25 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 Tuesday, October 8, 2024. Please send any questions or comments about these Royal Caribbean Cruises pros and cons to contact@marketbeat.com.

Royal Caribbean Cruises
Bull Case

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

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 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Royal Caribbean Cruises is $189.06, with a high forecast of $253.00 and a low forecast of $115.00.
: 16 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 14 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 -3.36% 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, Mizuho, Morgan Stanley, Stifel Nicolaus, Susquehanna, The Goldman Sachs Group, Tigress Financial, Truist Financial, and UBS Group 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 2.88 while the average consensus rating score for "consumer discretionary" companies is 2.55. Learn more on how RCL compares to other companies.

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This page (NYSE:RCL) was last updated on 10/12/2024 by MarketBeat.com Staff

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Royal Caribbean Cruises (RCL) Stock Forecast & Price Target