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 $110.50 (represents a -34.38% downside from RCL’s last price of $168.40) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.

RCL Price Target


The average price target for Royal Caribbean Cruises (RCL) is $110.50 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $172.00 to $47.00. This represents a potential -34.38% downside from RCL's last price of $168.40.

RCL Analyst Ratings


Buy

According to 15 Wall Street analysts, Royal Caribbean Cruises's rating consensus is 'Buy'. The analyst rating breakdown for RCL stock is 0 'Strong Buy' (0.00%), 10 'Buy' (66.67%), 5 'Hold' (33.33%), 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
May 29, 2024John StaszakArgus Research$172.00$150.1314.57%2.14%
May 17, 2024Daniel PolitzerWells Fargo$165.00$142.8615.50%-2.02%
Apr 25, 2024Paul GoldingMacquarie$165.00$137.4720.03%-2.02%
Apr 17, 2024Ben ChaikenMizuho Securities$164.00$126.6029.54%-2.61%
Apr 11, 2024Brandt MontourBarclays$154.00$130.9017.65%-8.55%
Mar 13, 2024Lizzie DoveGoldman Sachs$162.00$132.1122.63%-3.80%
May 05, 2023Benjamin ChaikenCredit Suisse$104.00$75.6137.55%-38.24%
Feb 08, 2023-Susquehanna$85.00$74.7913.65%-49.52%
Feb 08, 2023-Deutsche Bank$65.00$74.01-12.17%-61.40%
Jan 10, 2023-Morgan Stanley$50.00$58.42-14.41%-70.31%
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The latest Royal Caribbean Cruises stock forecast, released on May 29, 2024 by John Staszak from Argus Research, set a price target of $172.00, which represents a 14.57% increase from the stock price at the time of the forecast ($150.13), and a 2.14% increase from RCL last price ($168.40).

Royal Caribbean Cruises Price Target by Period


1M3M12M
# Anlaysts--6
Avg Price Target--$163.67
Last Closing Price$168.40$168.40$168.40
Upside/Downside-100.00%-100.00%-2.81%

In the current month, the average price target of Royal Caribbean Cruises stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Royal Caribbean Cruises's last price of $168.40. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
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 Securities-BuyInitialise
Feb 26, 2024Wells FargoBuyBuyHold
Jan 19, 2024Truist FinancialBuyBuyHold
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Royal Caribbean Cruises's last stock rating was published by Tigress Financial on Aug 01, 2024. The company gave RCL a "Buy" rating, the same as its previous rate.

Royal Caribbean Cruises Financial Forecast


Royal Caribbean Cruises Revenue Forecast

Dec 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 20Jun 20Mar 20Dec 19Sep 19
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$175.60M$2.03B$2.52B$3.19B
Avg Forecast$4.29B$5.71B$4.95B$4.56B$4.05B$5.20B$4.48B$4.07B$3.75B$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$47.45M$2.04B$2.54B$3.22B
High Forecast$4.37B$5.82B$5.05B$4.65B$4.13B$5.30B$4.57B$4.15B$3.83B$5.04B$4.13B$3.76B$3.44B$4.12B$3.47B$2.88B$2.66B$3.03B$2.16B$1.17B$1.07B$581.10M$156.16M$44.97M$36.50M$12.20M$48.63M$2.09B$2.60B$3.30B
Low Forecast$4.12B$5.49B$4.76B$4.38B$3.89B$5.00B$4.31B$3.91B$3.61B$4.76B$3.89B$3.55B$3.33B$3.94B$3.28B$2.71B$2.51B$2.86B$2.04B$1.11B$1.01B$548.40M$147.38M$42.44M$34.45M$11.51M$45.89M$1.97B$2.45B$3.11B
# Analysts10755854481154712995555666699991313
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%3.70%1.00%0.99%0.99%

Royal Caribbean Cruises's average Quarter revenue forecast for Mar 24 based on 4 analysts is $3.69B, with a low forecast of $3.55B, and a high forecast of $3.76B. 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 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 20Jun 20Mar 20Dec 19Sep 19
# Analysts10755854481154712995555666699991313
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$-1.10B$-1.03B$689.65M$1.31B
Avg Forecast$-1.00B$-1.33B$-1.16B$-1.06B$-945.77M$-1.21B$-1.05B$-950.42M$-876.87M$-1.14B$-945.33M$-650.63M$-784.15M$-952.20M$-795.67M$-591.48M$-609.53M$-552.17M$-491.68M$-537.71M$-243.72M$-132.42M$-35.59M$-570.43M$-8.32M$-2.78M$-11.08M$-865.94M$-592.48M$-752.09M
High Forecast$-963.24M$-1.28B$-1.11B$-1.02B$-909.53M$-1.17B$-1.01B$-914.01M$-843.28M$-1.11B$-909.11M$-520.50M$-777.19M$-920.77M$-765.18M$-473.19M$-586.18M$-441.74M$-475.53M$-430.17M$-235.72M$-128.07M$-34.42M$-456.35M$-8.04M$-2.69M$-10.72M$-692.75M$-573.02M$-727.38M
Low Forecast$-1.02B$-1.36B$-1.18B$-1.08B$-963.93M$-1.24B$-1.07B$-968.67M$-893.71M$-1.18B$-963.48M$-780.76M$-802.71M$-962.13M$-810.95M$-709.78M$-621.24M$-662.61M$-503.89M$-645.25M$-249.77M$-135.71M$-36.47M$-684.52M$-8.52M$-2.85M$-11.36M$-1.04B$-607.18M$-770.76M
Surprise %-------------1.20%--1.42%-1.10%-0.44%-1.36%-0.25%0.96%3.04%5.04%20.20%0.96%93.27%277.16%99.33%1.19%-1.16%-1.74%

4 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 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 20Jun 20Mar 20Dec 19Sep 19
# Analysts10755854481154712995555666699991313
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$-1.35B$-1.64B$-1.44B$273.14M$883.24M
Avg Forecast$621.35M$1.77B$1.19B$808.25M$545.97M$1.57B$1.01B$625.65M$439.35M$1.40B$775.12M$-1.38B$321.56M$972.50M$442.11M$-1.26B$-375.01M$-1.18B$-617.74M$-1.14B$-1.10B$-1.23B$-1.22B$-1.18B$-1.46B$-1.44B$-1.35B$-1.22B$400.05M$1.21B
High Forecast$636.86M$1.81B$1.22B$828.43M$559.61M$1.61B$1.03B$641.27M$450.32M$1.47B$794.48M$-1.10B$330.09M$1.06B$453.15M$-1.00B$-356.33M$-942.06M$-591.36M$-912.83M$-1.05B$-1.18B$-1.17B$-940.65M$-1.40B$-1.38B$-1.30B$-974.13M$412.96M$1.25B
Low Forecast$590.40M$1.68B$1.13B$768.00M$518.78M$1.49B$955.29M$594.49M$417.47M$1.33B$736.52M$-1.66B$313.02M$911.02M$420.10M$-1.51B$-384.37M$-1.41B$-637.67M$-1.37B$-1.14B$-1.27B$-1.26B$-1.41B$-1.51B$-1.49B$-1.40B$-1.46B$382.97M$1.16B
Surprise %------------0.86%-1.04%0.58%1.27%-0.02%0.83%1.05%1.49%1.15%1.10%0.96%0.94%0.94%1.21%1.19%0.68%0.73%

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 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 20Jun 20Mar 20Dec 19Sep 19
# Analysts10755854481154712995555666699991313
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$301.42M$395.89M$414.71M$352.73M
Avg Forecast$1.62B$2.16B$1.87B$1.72B$1.53B$1.96B$1.69B$1.54B$1.42B$1.84B$1.53B$466.11M$1.27B$1.54B$1.29B$423.74M$985.21M$267.35M$794.73M$385.22M$393.94M$214.03M$57.52M$16.56M$13.44M$4.49M$17.91M$333.73M$957.64M$1.22B
High Forecast$1.65B$2.20B$1.91B$1.75B$1.56B$2.00B$1.72B$1.57B$1.44B$1.90B$1.56B$559.33M$1.30B$1.56B$1.31B$508.48M$1.00B$320.82M$814.45M$462.26M$403.72M$219.35M$58.95M$16.98M$13.78M$4.60M$18.36M$400.47M$981.41M$1.25B
Low Forecast$1.56B$2.07B$1.80B$1.65B$1.47B$1.89B$1.63B$1.48B$1.36B$1.80B$1.47B$372.89M$1.26B$1.49B$1.24B$338.99M$947.46M$213.88M$768.62M$308.17M$381.00M$207.00M$55.63M$16.02M$13.00M$4.34M$17.32M$266.98M$926.19M$1.18B
Surprise %------------0.40%-0.34%1.09%0.45%1.40%0.47%1.02%1.28%1.51%4.96%15.58%19.01%54.94%16.83%1.19%0.43%0.29%

Royal Caribbean Cruises's average Quarter SG&A projection for Mar 24 is $466.11M, based on 4 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 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 20Jun 20Mar 20Dec 19Sep 19
# Analysts10755854481154712995555666699991313
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$-6.29$-7.83$-6.91$1.31$4.21
Avg Forecast$2.21$6.30$4.24$2.88$1.94$5.58$3.58$2.23$1.56$4.99$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$-5.12$-4.82$-0.42$1.42$4.31
High Forecast$2.27$6.45$4.34$2.95$1.99$5.72$3.67$2.28$1.60$5.23$2.83$1.36$1.17$3.77$1.61$-0.66$-1.27$0.20$-2.10$-4.27$-3.75$-4.21$-4.16$-4.41$-4.97$-4.91$-4.62$-0.41$1.47$4.45
Low Forecast$2.10$5.98$4.03$2.73$1.85$5.30$3.40$2.12$1.49$4.75$2.62$1.27$1.11$3.24$1.50$-0.71$-1.37$0.19$-2.27$-4.60$-4.04$-4.54$-4.49$-4.76$-5.36$-5.29$-4.98$-0.44$1.36$4.13
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%1.62%16.27%0.92%0.98%

According to 4 Wall Street analysts, Royal Caribbean Cruises's projected average Quarter EPS for Mar 24 is $1.33, with a low estimate of $1.27 and a high estimate of $1.36. 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
TRIPTripadvisor$13.92$27.6498.56%Buy
CCLCarnival$18.03$22.6925.85%Buy
EXPEExpedia Group$138.41$166.1920.07%Buy
ABNBAirbnb$122.12$142.9317.04%Buy
NCLHNorwegian Cruise Line$19.76$21.9110.88%Buy
BKNGBooking$4.04K$3.38K-16.46%Buy
RCLRoyal Caribbean Cruises$168.40$110.50-34.38%Buy

RCL Forecast FAQ


Yes, according to 15 Wall Street analysts, Royal Caribbean Cruises (RCL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 66.67% of RCL's total ratings.

Royal Caribbean Cruises (RCL) average price target is $110.5 with a range of $47 to $172, implying a -34.38% from its last price of $168.4. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for RCL stock, the company can go down by -34.38% (from the last price of $168.4 to the average price target of $110.5), up by 2.14% based on the highest stock price target, and down by -72.09% based on the lowest stock price target.

RCL's average twelve months analyst stock price target of $110.5 does not support the claim that Royal Caribbean Cruises can reach $300 in the near future.

Royal Caribbean Cruises's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $17.8B (high $18.15B, low $17.12B), average EBITDA is $-4.158B (high $-3.998B, low $-4.237B), average net income is $3.74B (high $3.84B, low $3.56B), average SG&A $6.72B (high $6.85B, low $6.46B), and average EPS is $13.32 (high $13.66, low $12.66). RCL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $19.51B (high $19.89B, low $18.76B), average EBITDA is $-4.556B (high $-4.382B, low $-4.644B), average net income is $4.39B (high $4.5B, low $4.17B), average SG&A $7.36B (high $7.51B, low $7.08B), and average EPS is $15.62 (high $16.01, low $14.84).

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 $-3.123B by -238.72%. The company's net income was $1.7B, beating the average estimation of $481.04M by 252.78%. Apple's SG&A was $1.79B, missing the average forecast of $4.52B by -60.32%. 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 $-784M by -219.62%. Royal Caribbean Cruises's net income was $278M, missing the average estimation of $321.56M by -13.55%. The company's SG&A was $503M, missing the average forecast of $1.27B by -60.31%. Lastly, the company's EPS was $1.09, missing the average prediction of $1.14 by -4.75%