Royal Caribbean Cruises (RCL) Stock Forecast & Price Target

$172.48

-4.88 (-2.75%)

(As of 01:15 PM 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

$184.13
5.94% Upside

According to the 16 analysts' twelve-month price targets for Royal Caribbean Cruises, the average price target is $184.13. The highest price target for RCL is $213.00, while the lowest price target for RCL is $115.00. The average price target represents a forecasted upside of 5.94% from the current price of $172.48.

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RCL Analyst Ratings Over Time

Type	Current Forecast 10/2/23 to 10/1/24	1 Month Ago 9/2/23 to 9/1/24	3 Months Ago 7/4/23 to 7/3/24	1 Year Ago 10/2/22 to 10/2/23
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	$184.13	$182.13	$161.13	$112.38
Forecasted Upside	5.94% Upside	10.63% Upside	3.70% Upside	22.53% 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	Hold
Predicted Upside	3.81% Upside	1,167.72% Upside	6.15% 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
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. 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$210.00 ➝ $213.00	+23.93%
8/7/2024	Morgan Stanley 3 of 5 stars		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%
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%
Get the Latest News and Ratings for RCL and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Royal Caribbean Cruises and its competitors with MarketBeat's FREE daily newsletter.
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%
7/19/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$180.00 ➝ $200.00	+19.40%
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%
6/26/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$165.00 ➝ $204.00	+28.04%
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 Tuesday at 01:33 PM 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 Monday, September 30, 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.:

Royal Caribbean Cruises Ltd. has a low payout ratio of 20.62%, indicating that the company retains a significant portion of its earnings to reinvest in growth or return to shareholders.
Recent analyst reports have upgraded Royal Caribbean Cruises Ltd.'s price target, with a "buy" rating and an average target price of $182.13, suggesting potential for stock price appreciation.
Institutional investors and hedge funds own a substantial 87.53% stake in Royal Caribbean Cruises Ltd., indicating confidence from large financial entities in the company's future performance.
Director Vagn O. Sorensen recently sold 5,800 shares at an average price of $158.50, which could be seen as a positive signal by some investors regarding the stock's valuation.
Royal Caribbean Cruises Ltd. operates globally under well-known brands like Royal Caribbean International and Celebrity Cruises, providing diversified revenue streams.

Royal Caribbean Cruises
Bear Case

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

The cruise industry is highly sensitive to external factors like economic downturns, geopolitical events, and health crises, which can significantly impact Royal Caribbean Cruises Ltd.'s financial performance.
Despite positive analyst ratings, there is always inherent risk in stock investments, and past performance is not indicative of future results, so investors should exercise caution.
Dividend payouts, while attractive to some investors, may limit the company's ability to reinvest in growth opportunities or navigate challenging market conditions.
Individual insider transactions, like Director Vagn O. Sorensen's recent sale of shares, could be interpreted differently by investors and may raise questions about insider sentiment.
Operating in a capital-intensive industry, Royal Caribbean Cruises Ltd. may face challenges in maintaining and upgrading its fleet, which could impact profitability and competitiveness.

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 $184.13, with a high forecast of $213.00 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 upside of 6.75% based on their 12-month stock forecasts.
: Royal Caribbean Cruises has been rated by research analysts at Bank of America, Barclays, 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.