Royal Caribbean Cruises (NYSE:RCL) Price Target Raised to $361.00

Royal Caribbean Cruises (NYSE:RCL) had its target price raised by research analysts at Wells Fargo & Company from $358.00 to $361.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target would suggest a potential upside of 21.76% from the company’s previous close.

A number of other brokerages also recently commented on RCL. Bank of America upgraded shares of Royal Caribbean Cruises from a “neutral” rating to a “buy” rating and set a $330.00 price target for the company in a report on Monday, September 28th. Freedom Capital downgraded shares of Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 29th. Jefferies Financial Group restated a “buy” rating and set a $350.00 target price on shares of Royal Caribbean Cruises in a research report on Tuesday. Argus lifted their target price on shares of Royal Caribbean Cruises from $330.00 to $375.00 in a research note on Tuesday, July 28th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $358.00 target price on shares of Royal Caribbean Cruises in a research note on Wednesday. Twenty-one analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $352.46.

Royal Caribbean Cruises Price Performance

Royal Caribbean Cruises stock opened at $296.48 on Wednesday. The stock has a fifty day moving average of $271.41 and a two-hundred day moving average of $286.77. Royal Caribbean Cruises has a fifty-two week low of $222.22 and a fifty-two week high of $356.39.

Royal Caribbean Cruises (NYSE:RCL) last issued its quarterly earnings data on Tuesday, October 27th. The company reported $6.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.38 by $0.19. The company had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.61 billion. The firm’s revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.75 earnings per share. Research analysts predict that Royal Caribbean Cruises will post 17.78 earnings per share for the current year.

Institutional Investors Weigh In On Royal Caribbean Cruises

Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in Royal Caribbean Cruises during the second quarter worth approximately $6,549,422,000. Primecap Management Co. CA acquired a new position in Royal Caribbean Cruises in the second quarter valued at $669,804,000. Jupiter Topco LLC acquired a new position in Royal Caribbean Cruises in the second quarter valued at $597,350,000. Legal & General Group Plc acquired a new position in Royal Caribbean Cruises in the second quarter valued at $413,449,000. Finally, Bank of New York Mellon Corp purchased a new stake in Royal Caribbean Cruises during the second quarter valued at about $381,271,000. 87.53% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Royal Caribbean Cruises

Here are the key news stories impacting Royal Caribbean Cruises this week:

• Positive Sentiment: Raised 2026 earnings outlook: Royal Caribbean lifted its full-year adjusted EPS forecast to $17.85–$17.95, reflecting better-than-expected third-quarter results despite higher fuel costs. Royal Caribbean Cruises Boosts FY26 Adj. EPS Outlook
• Positive Sentiment: Q3 profit beat estimates: Adjusted EPS was $6.57, above the $6.38 consensus and up from $5.75 a year earlier. Revenue rose 8.8% to $5.59 billion, broadly in line with expectations, while strong close-in demand and favorable cost timing supported margins. RCL Q3 Earnings Beat Estimates on Strong Demand, Lower Costs
• Positive Sentiment: Bookings remain robust: Management said booking volumes increased in the mid-teens year over year, with no clear sign that consumer demand for vacations is weakening. Investors view the trend as evidence that Royal Caribbean can maintain pricing and gain market share. Royal Caribbean sees no signs of vacation fever cooling
• Positive Sentiment: Analyst support: Susquehanna raised its price target to $360 from $355, reinforcing the bullish reaction to demand trends and the higher profit forecast. Susquehanna raises Royal Caribbean price target
• Neutral Sentiment: Risks remain: Third-quarter revenue came slightly below the $5.61 billion consensus, and higher fuel prices could pressure future costs. Some coverage also questioned whether strong occupancy and bookings will translate into sustained yield growth.
• Negative Sentiment: Unusually heavy put-option activity—19,572 puts, approximately 169% above typical volume—signals that some traders are positioning for downside or increased volatility, although it does not confirm a bearish fundamental outlook.

Royal Caribbean Cruises Company Profile

Royal Caribbean Cruises Ltd., doing business as Royal Caribbean Group (NYSE: RCL), is a global cruise company that operates vacation cruises and related travel experiences. Its fleet visits destinations across the Caribbean, Europe, Alaska, Asia, Australia, and other regions, with itineraries that typically include onboard entertainment, dining, accommodations, recreational activities, and shore excursions.

The company’s principal brands include Royal Caribbean International, Celebrity Cruises, and Silversea Cruises.