Freedom Capital Upgrades Royal Caribbean Cruises (NYSE:RCL) to Strong-Buy

Posted by George Bondi on Jun 5th, 2026

Royal Caribbean Cruises (NYSE:RCL – Get Free Report) was upgraded by equities researchers at Freedom Capital to a “strong-buy” rating in a research report issued on Wednesday,Zacks.com reports.

RCL has been the topic of several other research reports. JPMorgan Chase & Co. cut their target price on Royal Caribbean Cruises from $376.00 to $341.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 8th. Loop Capital began coverage on Royal Caribbean Cruises in a research report on Monday. They set a “hold” rating and a $304.00 target price on the stock. UBS Group cut their target price on Royal Caribbean Cruises from $321.00 to $309.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Citigroup cut their target price on Royal Caribbean Cruises from $377.00 to $348.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Finally, Mizuho set a $380.00 target price on Royal Caribbean Cruises in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Royal Caribbean Cruises currently has a consensus rating of “Moderate Buy” and a consensus price target of $344.79.

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Royal Caribbean Cruises Stock Up 2.6%

Shares of Royal Caribbean Cruises stock opened at $293.95 on Wednesday. Royal Caribbean Cruises has a one year low of $232.10 and a one year high of $366.50. The company has a debt-to-equity ratio of 1.96, a current ratio of 0.20 and a quick ratio of 0.17. The stock’s 50-day moving average is $271.01 and its 200 day moving average is $283.15. The firm has a market cap of $78.84 billion, a price-to-earnings ratio of 17.93, a PEG ratio of 1.00 and a beta of 1.77.

Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $3.60 EPS for the quarter, beating the consensus estimate of $3.20 by $0.40. Royal Caribbean Cruises had a return on equity of 45.25% and a net margin of 24.36%.The company had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.46 billion. During the same quarter in the prior year, the company earned $2.71 EPS. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. Royal Caribbean Cruises has set its Q2 2026 guidance at 3.830-3.930 EPS and its FY 2026 guidance at 17.100-17.500 EPS. Equities research analysts anticipate that Royal Caribbean Cruises will post 17.27 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in RCL. Capital International Investors boosted its holdings in Royal Caribbean Cruises by 9.8% in the fourth quarter. Capital International Investors now owns 36,165,358 shares of the company’s stock worth $10,088,156,000 after acquiring an additional 3,215,382 shares in the last quarter. Norges Bank bought a new position in Royal Caribbean Cruises in the fourth quarter worth approximately $456,752,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Royal Caribbean Cruises by 25,747.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,202,161 shares of the company’s stock worth $335,307,000 after acquiring an additional 1,197,510 shares in the last quarter. Capital Research Global Investors increased its holdings in Royal Caribbean Cruises by 4.8% during the 4th quarter. Capital Research Global Investors now owns 20,176,544 shares of the company’s stock worth $5,627,669,000 after purchasing an additional 920,042 shares in the last quarter. Finally, Nordea Investment Management AB increased its holdings in Royal Caribbean Cruises by 135.0% during the 4th quarter. Nordea Investment Management AB now owns 1,306,784 shares of the company’s stock worth $366,925,000 after purchasing an additional 750,723 shares in the last quarter. Institutional investors own 87.53% of the company’s stock.

About Royal Caribbean Cruises

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Royal Caribbean Cruises (NYSE: RCL), operating as part of the Royal Caribbean Group, is a global cruise company that develops, markets and operates passenger cruise ships. The company operates multiple consumer-facing cruise brands that offer short- and long-duration itineraries and a range of onboard experiences. Its core activities include itineraries and voyage operations, guest services and hospitality, onboard food and beverage, entertainment and recreation programming, and the commercial activities needed to sell and support cruises through both direct and travel‑agent channels.

Royal Caribbean’s ships serve a broad set of geographies worldwide, regularly deploying vessels in the Caribbean, North America (including Alaska), Europe, Asia, Australia and South America.