Royal Caribbean Cruises (RCL) Stock Forecast, Price Target & Predictions


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RCL Stock Forecast


Royal Caribbean Cruises stock forecast is as follows: an average price target of $252.38 (represents a -6.21% downside from RCL’s last price of $269.09) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

RCL Price Target


The average price target for Royal Caribbean Cruises (RCL) is $252.38 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $280.00 to $224.00. This represents a potential -6.21% downside from RCL's last price of $269.09.

RCL Analyst Ratings


Buy

According to 16 Wall Street analysts, Royal Caribbean Cruises's rating consensus is 'Buy'. The analyst rating breakdown for RCL stock is 0 'Strong Buy' (0.00%), 12 'Buy' (75.00%), 4 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Royal Caribbean Cruises Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 03, 2025John StaszakArgus Research$280.00$228.9222.31%4.05%
Dec 02, 2024Patrick ScholesTruist Financial$272.00$246.1610.50%1.08%
Oct 30, 2024Paul GoldingMacquarie$250.00$208.3619.98%-7.09%
Oct 30, 2024Lizzie DoveGoldman Sachs$245.00$208.3617.58%-8.95%
Oct 30, 2024Ben ChaikenMizuho Securities$224.00$207.577.92%-16.76%
Oct 30, 2024Brandt MontourBarclays$245.00$210.1016.61%-8.95%
Oct 29, 2024Steven WieczynskiStifel Nicolaus$250.00$210.1018.99%-7.09%
Oct 11, 2024Steven WieczynskiStifel Nicolaus$230.00$195.6917.53%-14.53%
Oct 09, 2024James HardimanCitigroup$253.00$183.3937.96%-5.98%
Sep 26, 2024Patrick ScholesTruist Financial$204.00$177.4114.99%-24.19%
May 29, 2024John StaszakArgus Research$172.00$150.1314.57%-36.08%
May 17, 2024Daniel PolitzerWells Fargo$165.00$142.8615.50%-38.68%
Apr 25, 2024Paul GoldingMacquarie$165.00$137.4720.03%-38.68%
Apr 17, 2024Ben ChaikenMizuho Securities$164.00$126.6029.54%-39.05%
Apr 11, 2024Brandt MontourBarclays$154.00$130.9017.65%-42.77%
Mar 13, 2024Lizzie DoveGoldman Sachs$162.00$132.1122.63%-39.80%
May 05, 2023Benjamin ChaikenCredit Suisse$104.00$75.6137.55%-61.35%
Feb 08, 2023Susquehanna$85.00$74.7913.65%-68.41%
Feb 08, 2023Deutsche Bank$65.00$74.01-12.17%-75.84%
Jan 10, 2023Morgan Stanley$50.00$58.42-14.41%-81.42%
Jan 09, 2023UBS$82.00$56.7744.44%-69.53%
Dec 06, 2022J.P. Morgan$47.00$56.78-17.23%-82.53%
Nov 22, 2022Truist Financial$62.00$58.765.51%-76.96%
Nov 21, 2022Wells Fargo$67.00$57.4616.60%-75.10%
Nov 14, 2022UBS$76.00$58.0730.88%-71.76%
Sep 20, 2022Truist Financial$58.00$50.6814.44%-78.45%
Sep 19, 2022Stifel Nicolaus$70.00$51.8734.95%-73.99%
Sep 19, 2022Brandt MontourBarclays$61.00$50.4420.94%-77.33%
Jul 29, 2022Morgan Stanley$40.00$37.406.95%-85.14%
Jul 02, 2022Chris WoronkaDeutsche Bank$50.00$35.2941.68%-81.42%
Jun 28, 2022Brandt MontourBarclays$56.00$40.1439.51%-79.19%
Jun 08, 2022Morgan Stanley$54.00$55.89-3.38%-79.93%
May 23, 2022Patrick ScholesTruist Financial$65.00$55.4117.31%-75.84%
May 11, 2022Goldman Sachs$75.00$59.9425.13%-72.13%
May 11, 2022Morgan Stanley$59.00$62.52-5.64%-78.07%
May 11, 2022Robin FarleyUBS$86.00$60.9241.17%-68.04%
May 06, 2022Deutsche Bank$76.00$69.948.66%-71.76%
Mar 19, 2022Steven WieczynskiStifel Nicolaus$118.00$76.1854.90%-56.15%
Aug 05, 2021Brandt MontourJ.P. Morgan$111.00$78.1042.13%-58.75%
May 13, 2021Robin M. FarleyUBS$118.00$78.4650.40%-56.15%
Apr 21, 2021Stephen GramblingGoldman Sachs$95.00$84.6912.17%-64.70%

The latest Royal Caribbean Cruises stock forecast, released on Jan 03, 2025 by John Staszak from Argus Research, set a price target of $280.00, which represents a 22.31% increase from the stock price at the time of the forecast ($228.92), and a 4.05% increase from RCL last price ($269.09).

Royal Caribbean Cruises Price Target by Period


1M3M12M
# Anlaysts1616
Avg Price Target$280.00$252.67$214.69
Last Closing Price$269.09$269.09$269.09
Upside/Downside4.05%-6.10%-20.22%

In the current month, the average price target of Royal Caribbean Cruises stock is $280.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 4.05% increase as opposed to Royal Caribbean Cruises's last price of $269.09. This month's average price target is up 10.82% compared to last quarter, and up 30.42% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024MacquarieOutperformOutperformHold
Oct 30, 2024Goldman SachsBuyBuyHold
Oct 30, 2024CitigroupBuyBuyHold
Oct 22, 2024BarclaysOverweightOverweightHold
Oct 21, 2024William BlairOutperformOutperformHold
Oct 09, 2024CitigroupBuyBuyHold
Aug 01, 2024Tigress FinancialBuyBuyHold
Jul 30, 2024MacquarieOutperformOutperformHold
Jul 30, 2024SusquehannaPositivePositiveHold
Jul 12, 2024BarclaysOverweightOverweightHold
Jun 26, 2024CitigroupBuyBuyHold
May 17, 2024Wells FargoOverweightOverweightHold
Apr 25, 2024MacquarieOutperformOutperformHold
Apr 17, 2024Mizuho SecuritiesBuyInitialise
Feb 26, 2024Wells FargoBuyBuyHold
Jan 19, 2024Truist FinancialBuyBuyHold
Jan 19, 2024Tigress FinancialUnderperformUnderperformHold
Dec 21, 2023Wells FargoBuyBuyHold
Dec 21, 2023Truist FinancialUnderperformUnderperformHold
Oct 31, 2023SusquehannaPositivePositiveHold
Sep 19, 2023WedbushNeutralDowngrade
Sep 19, 2023BarclaysOverweightBuyUpgrade
May 05, 2023Credit SuisseOutperformOutperformHold
Feb 08, 2023BarclaysOverweightOverweightHold
Feb 08, 2023Deutsche BankHoldHoldHold
Feb 08, 2023Bank of America SecuritiesNeutralUpgrade
Feb 07, 2023CitigroupBuyBuyHold
Jan 10, 2023Morgan StanleyUnderweightEqual-WeightUpgrade
Jan 09, 2023UBSBuyBuyHold
Nov 21, 2022Wells FargoOverweightOverweightHold
Nov 14, 2022UBSBuyBuyHold
Sep 20, 2022BarclaysHoldHoldHold
Sep 19, 2022BarclaysOverweightOverweightHold
Jul 29, 2022Morgan StanleyUnderweightUnderweightHold
Jun 28, 2022BarclaysOverweightInitialise
Jun 21, 2022Deutsche BankHoldHoldHold
Jun 08, 2022Morgan StanleyUnderweightUnderweightHold
May 11, 2022Goldman SachsNeutralNeutralHold
May 11, 2022Morgan StanleyUnderweightUnderweightHold
May 11, 2022UBSBuyBuyHold

Royal Caribbean Cruises's last stock rating was published by Macquarie on Oct 30, 2024. The company gave RCL a "Outperform" rating, the same as its previous rate.

Royal Caribbean Cruises Financial Forecast


Royal Caribbean Cruises Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue----------------$3.33B-$3.52B$2.89B$2.60B$2.99B$2.18B$1.06B$982.25M$456.96M$50.91M$42.01M$34.14M$-33.69M
Avg Forecast$4.92B$6.25B$5.33B$4.74B$4.46B$5.80B$4.98B$4.48B$4.19B$5.27B$4.51B$4.03B$3.76B$4.89B$4.05B$3.69B$3.36B$4.08B$3.41B$2.82B$2.61B$2.98B$2.11B$1.15B$1.04B$567.03M$152.38M$43.88M$35.62M$11.90M
High Forecast$5.00B$6.35B$5.42B$4.82B$4.54B$5.89B$5.07B$4.55B$4.26B$5.36B$4.58B$4.13B$3.82B$4.90B$4.05B$3.69B$3.44B$4.12B$3.46B$2.87B$2.66B$2.98B$2.11B$1.15B$1.04B$567.03M$152.38M$43.88M$35.62M$11.90M
Low Forecast$4.86B$6.17B$5.26B$4.68B$4.40B$5.72B$4.91B$4.42B$4.14B$5.20B$4.45B$3.95B$3.70B$4.89B$4.05B$3.69B$3.33B$3.94B$3.36B$2.78B$2.57B$2.98B$2.11B$1.15B$1.04B$567.03M$152.38M$43.88M$35.62M$11.90M
# Analysts7464746463581264671210115555666699
Surprise %----------------0.99%-1.03%1.02%1.00%1.01%1.04%0.92%0.94%0.81%0.33%0.96%0.96%-2.83%

Royal Caribbean Cruises's average Quarter revenue forecast for Mar 24 based on 6 analysts is $3.69B, with a low forecast of $3.69B, and a high forecast of $3.69B. RCL's average Quarter revenue forecast represents a 10.77% increase compared to the company's last Quarter revenue of $3.33B (Dec 23).

Royal Caribbean Cruises EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts7464746463581264671210115555666699
EBITDA----------------$938.00M-$1.13B$650.78M$266.21M$750.43M$121.72M$-518.78M$-739.84M$-667.99M$-719.00M$-549.04M$-775.82M$-770.27M
Avg Forecast$-1.28B$-1.63B$-1.39B$-1.23B$-1.16B$-1.51B$-1.30B$-1.17B$-1.09B$-1.37B$-1.17B$-1.05B$-979.37M$-1.27B$-1.05B$-650.63M$-874.09M$-1.06B$-886.93M$-591.48M$-539.99M$-694.88M$-491.68M$-537.71M$-243.72M$-132.42M$-35.59M$-570.43M$-8.32M$-2.78M
High Forecast$-1.26B$-1.60B$-1.37B$-1.22B$-1.15B$-1.49B$-1.28B$-1.15B$-1.08B$-1.35B$-1.16B$-1.03B$-963.78M$-1.27B$-1.05B$-520.50M$-866.34M$-1.03B$-874.95M$-473.19M$-431.99M$-694.88M$-491.68M$-430.17M$-243.72M$-132.42M$-35.59M$-456.35M$-8.32M$-2.78M
Low Forecast$-1.30B$-1.65B$-1.41B$-1.25B$-1.18B$-1.53B$-1.32B$-1.19B$-1.11B$-1.39B$-1.19B$-1.07B$-994.96M$-1.27B$-1.05B$-780.76M$-894.78M$-1.07B$-901.72M$-709.78M$-647.98M$-694.88M$-491.68M$-645.25M$-243.72M$-132.42M$-35.59M$-684.52M$-8.32M$-2.78M
Surprise %-----------------1.07%--1.28%-1.10%-0.49%-1.08%-0.25%0.96%3.04%5.04%20.20%0.96%93.27%277.16%

6 analysts predict RCL's average Quarter EBITDA for Mar 24 to be $-650.63M, with a high of $-520.50M and a low of $-780.76M. This is -169.36% lower than Royal Caribbean Cruises's previous annual EBITDA (Dec 23) of $938.00M.

Royal Caribbean Cruises Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts7464746463581264671210115555666699
Net Income----------------$278.00M-$458.76M$-726.82M$-474.42M$22.78M$-510.64M$-1.20B$-1.64B$-1.42B$-1.35B$-1.13B$-1.37B$-1.35B
Avg Forecast$930.72M$2.18B$1.45B$972.27M$729.29M$1.92B$1.26B$812.22M$631.61M$1.66B$1.08B$670.87M$414.58M$1.39B$764.09M$-1.38B$316.98M$958.66M$435.82M$-1.26B$-990.41M$55.60M$-617.74M$-1.14B$-1.10B$-1.23B$-1.22B$-1.18B$-1.46B$-1.44B
High Forecast$950.89M$2.23B$1.48B$993.34M$745.09M$1.96B$1.29B$829.83M$645.30M$1.70B$1.10B$705.72M$456.04M$1.40B$764.15M$-1.10B$325.39M$1.04B$445.26M$-1.00B$-792.33M$55.60M$-617.74M$-912.83M$-1.10B$-1.23B$-1.22B$-940.65M$-1.46B$-1.44B
Low Forecast$914.37M$2.14B$1.42B$955.19M$716.48M$1.88B$1.24B$797.95M$620.52M$1.63B$1.06B$627.30M$392.47M$1.39B$764.03M$-1.66B$308.56M$898.06M$428.16M$-1.51B$-1.19B$55.60M$-617.74M$-1.37B$-1.10B$-1.23B$-1.22B$-1.41B$-1.46B$-1.44B
Surprise %----------------0.88%-1.05%0.58%0.48%0.41%0.83%1.05%1.49%1.15%1.10%0.96%0.94%0.94%

Royal Caribbean Cruises's average Quarter net income forecast for Mar 24 is $-1.38B, with a range of $-1.66B to $-1.10B. RCL's average Quarter net income forecast represents a -596.64% decrease compared to the company's last Quarter net income of $278.00M (Dec 23).

Royal Caribbean Cruises SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts7464746463581264671210115555666699
SG&A----------------$503.00M-$434.85M$460.86M$444.36M$373.12M$371.43M$394.03M$503.06M$323.42M$285.56M$258.04M$255.53M$246.78M
Avg Forecast$1.86B$2.36B$2.01B$1.79B$1.68B$2.19B$1.88B$1.69B$1.58B$1.99B$1.70B$1.52B$1.42B$1.85B$1.53B$466.11M$1.27B$1.54B$1.29B$423.74M$367.17M$1.12B$794.73M$385.22M$393.94M$214.03M$57.52M$16.56M$13.44M$4.49M
High Forecast$1.89B$2.40B$2.05B$1.82B$1.71B$2.22B$1.91B$1.72B$1.61B$2.02B$1.73B$1.56B$1.44B$1.85B$1.53B$559.33M$1.30B$1.56B$1.31B$508.48M$440.60M$1.12B$794.73M$462.26M$393.94M$214.03M$57.52M$16.56M$13.44M$4.49M
Low Forecast$1.83B$2.33B$1.99B$1.77B$1.66B$2.16B$1.86B$1.67B$1.56B$1.96B$1.68B$1.49B$1.40B$1.85B$1.53B$372.89M$1.26B$1.49B$1.27B$338.99M$293.73M$1.12B$794.73M$308.17M$393.94M$214.03M$57.52M$16.56M$13.44M$4.49M
Surprise %----------------0.40%-0.34%1.09%1.21%0.33%0.47%1.02%1.28%1.51%4.96%15.58%19.01%54.94%

Royal Caribbean Cruises's average Quarter SG&A projection for Mar 24 is $466.11M, based on 6 Wall Street analysts, with a range of $372.89M to $559.33M. The forecast indicates a -7.33% fall compared to RCL last annual SG&A of $503.00M (Dec 23).

Royal Caribbean Cruises EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts7464746463581264671210115555666699
EPS----------------$1.09-$1.79$-2.85$-1.86$0.09$-2.00$-4.70$-6.44$-5.59$-5.29$-4.66$-6.09$-6.29
Avg Forecast$3.36$7.88$5.23$3.51$2.63$6.92$4.56$2.93$2.28$5.99$3.89$2.42$1.50$5.04$2.76$1.33$1.14$3.46$1.57$-0.69$-1.33$0.20$-2.20$-4.46$-3.92$-4.39$-4.35$-4.61$-5.20$-5.12
High Forecast$3.43$8.05$5.34$3.59$2.69$7.07$4.66$3.00$2.33$6.12$3.98$2.55$1.65$5.06$2.76$1.33$1.17$3.77$1.61$-0.68$-1.31$0.20$-2.20$-4.46$-3.92$-4.39$-4.35$-4.61$-5.20$-5.12
Low Forecast$3.30$7.74$5.14$3.45$2.59$6.80$4.48$2.88$2.24$5.89$3.83$2.26$1.42$5.01$2.76$1.33$1.11$3.24$1.55$-0.71$-1.37$0.20$-2.20$-4.46$-3.92$-4.39$-4.35$-4.61$-5.20$-5.12
Surprise %----------------0.95%-1.14%4.10%1.39%0.45%0.91%1.05%1.64%1.27%1.22%1.01%1.17%1.23%

According to 6 Wall Street analysts, Royal Caribbean Cruises's projected average Quarter EPS for Mar 24 is $1.33, with a low estimate of $1.33 and a high estimate of $1.33. This represents a 22.15% increase compared to RCL previous annual EPS of $1.09 (Dec 23).

Royal Caribbean Cruises Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
NCLHNorwegian Cruise Line$28.46$29.443.44%Buy
BKNGBooking$4.72K$4.75K0.54%Buy
EXPEExpedia Group$171.27$171.900.37%Hold
ABNBAirbnb$132.58$129.57-2.27%Hold
RCLRoyal Caribbean Cruises$269.09$252.38-6.21%Buy
CCLCarnival$27.91$24.20-13.29%Buy
TRIPTripadvisor$17.74$14.00-21.08%Buy

RCL Forecast FAQ


Is Royal Caribbean Cruises a good buy?

Yes, according to 16 Wall Street analysts, Royal Caribbean Cruises (RCL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 75.00% of RCL's total ratings.

What is RCL's price target?

Royal Caribbean Cruises (RCL) average price target is $252.38 with a range of $224 to $280, implying a -6.21% from its last price of $269.09. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Royal Caribbean Cruises stock go up soon?

According to Wall Street analysts' prediction for RCL stock, the company can go down by -6.21% (from the last price of $269.09 to the average price target of $252.38), up by 4.05% based on the highest stock price target, and down by -16.76% based on the lowest stock price target.

Can Royal Caribbean Cruises stock reach $400?

RCL's average twelve months analyst stock price target of $252.38 does not support the claim that Royal Caribbean Cruises can reach $400 in the near future.

What is Royal Caribbean Cruises's current price target trend?

1 Wall Street analyst forecast a $280 price target for Royal Caribbean Cruises (RCL) this month, up 4.05% from its last price of $269.09. Compared to the last 3 and 12 months, the average price target decreased by -6.10% and decreased by -20.22%, respectively.

What are Royal Caribbean Cruises's analysts' financial forecasts?

Royal Caribbean Cruises's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $19.72B (high $20.05B, low $19.45B), average EBITDA is $-5.134B (high $-5.064B, low $-5.219B), average net income is $4.72B (high $4.82B, low $4.64B), average SG&A $7.45B (high $7.57B, low $7.34B), and average EPS is $17.04 (high $17.41, low $16.74). RCL's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $21.24B (high $21.6B, low $20.96B), average EBITDA is $-5.53B (high $-5.455B, low $-5.622B), average net income is $5.53B (high $5.65B, low $5.44B), average SG&A $8.02B (high $8.15B, low $7.91B), and average EPS is $19.98 (high $20.41, low $19.63).

Did the RCL's actual financial results beat the analysts' financial forecasts?

Based on Royal Caribbean Cruises's last annual report (Dec 2023), the company's revenue was $13.9B, beating the average analysts forecast of $13.66B by 1.72%. Apple's EBITDA was $4.33B, missing the average prediction of $-3.414B by -226.92%. The company's net income was $1.7B, beating the average estimation of $456.33M by 271.88%. Apple's SG&A was $1.79B, missing the average forecast of $4.52B by -60.33%. Lastly, the company's EPS was $6.63, beating the average prediction of $5.48 by 20.90%. In terms of the last quarterly report (Dec 2023), Royal Caribbean Cruises's revenue was $3.33B, missing the average analysts' forecast of $3.36B by -0.80%. The company's EBITDA was $938M, missing the average prediction of $-874M by -207.31%. Royal Caribbean Cruises's net income was $278M, missing the average estimation of $316.98M by -12.30%. The company's SG&A was $503M, missing the average forecast of $1.27B by -60.32%. Lastly, the company's EPS was $1.09, missing the average prediction of $1.14 by -4.75%