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

Posted by Francis Steltz on Oct 31st, 2026

Royal Caribbean Cruises (NYSE:RCL – Free Report) had its target price increased by Wells Fargo & Company from $358.00 to $361.00 in a research report released on Wednesday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

RCL has been the topic of a number of other research reports. Barclays upped their target price on Royal Caribbean Cruises from $337.00 to $350.00 and gave the stock an “overweight” rating in a report on Wednesday. Truist Financial increased their price objective on Royal Caribbean Cruises from $297.00 to $298.00 and gave the company a “hold” rating in a research report on Thursday, September 24th. Freedom Capital downgraded Royal Caribbean Cruises from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 29th. Jefferies Financial Group upped their target price on shares of Royal Caribbean Cruises from $330.00 to $350.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $358.00 price target on shares of Royal Caribbean Cruises in a research note on Wednesday. Twenty-one research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $355.62.

Read Our Latest Stock Report on Royal Caribbean Cruises

Royal Caribbean Cruises Stock Down 1.1%

NYSE RCL opened at $306.99 on Wednesday. Royal Caribbean Cruises has a 1 year low of $222.22 and a 1 year high of $356.39. The stock has a market capitalization of $82.11 billion, a PE ratio of 18.08, a PEG ratio of 1.08 and a beta of 1.82. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.22 and a quick ratio of 0.19. The business’s 50-day moving average is $271.94 and its 200 day moving average is $286.76.

Royal Caribbean Cruises (NYSE:RCL – Get Free Report) last released its quarterly earnings results on Tuesday, October 27th. The company reported $6.57 EPS for the quarter, beating analysts’ consensus estimates of $6.38 by $0.19. The business had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.61 billion. Royal Caribbean Cruises had a return on equity of 43.40% and a net margin of 23.78%. Royal Caribbean Cruises’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.75 EPS. Sell-side analysts forecast that Royal Caribbean Cruises will post 17.95 earnings per share for the current year.

Royal Caribbean Cruises Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Shareholders of record on Thursday, September 17th were issued a $1.50 dividend. The ex-dividend date of this dividend was Thursday, September 17th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.0%. Royal Caribbean Cruises’s dividend payout ratio (DPR) is currently 35.52%.

Insider Activity

In other news, Director Maritza Montiel sold 400 shares of Royal Caribbean Cruises stock in a transaction on Friday, October 30th. The shares were sold at an average price of $307.21, for a total transaction of $122,884.00. Following the completion of the sale, the director directly owned 13,202 shares in the company, valued at approximately $4,055,786.42. The trade was a 2.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 6.44% of the company’s stock.

Hedge Funds Weigh In On Royal Caribbean Cruises

Hedge funds have recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Royal Caribbean Cruises during the 2nd quarter worth about $6,549,422,000. State Street Corp boosted its stake in Royal Caribbean Cruises by 2.6% during the 2nd quarter. State Street Corp now owns 10,689,134 shares of the company’s stock valued at $3,409,971,000 after purchasing an additional 270,930 shares during the period. Primecap Management Co. CA acquired a new stake in Royal Caribbean Cruises in the 2nd quarter valued at approximately $669,804,000. Jupiter Topco LLC acquired a new stake in Royal Caribbean Cruises in the 2nd quarter valued at approximately $597,350,000. Finally, Dimensional Fund Advisors LP increased its position in Royal Caribbean Cruises by 2.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,957,044 shares of the company’s stock worth $538,393,000 after buying an additional 38,748 shares during the period. 87.53% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Royal Caribbean Cruises

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

Positive Sentiment: Royal Caribbean exceeded third-quarter earnings expectations, reporting adjusted EPS of $6.57 versus a $6.38 consensus estimate. Revenue reached approximately $5.59 billion, and management raised full-year 2026 adjusted EPS guidance to $17.85-$17.95. Royal Caribbean Cruises Shares Gap Up After Earnings Beat
Positive Sentiment: Analyst sentiment remains favorable. Citigroup raised its price target to $364 while maintaining a Buy rating, and Freedom Broker upgraded RCL from Hold to Buy with a $379 target. Wells Fargo also expects the stock to rise. Citigroup Royal Caribbean price target
Positive Sentiment: Strong demand from affluent travelers, high occupancy, improving EBITDA margins and continued onboard spending support Royal Caribbean’s premium positioning. A better-than-expected cruise-industry quarter also lifted sentiment across the sector. Royal Caribbean Strong Earnings Results
Neutral Sentiment: The company is hedging more than 60% of expected 2026 fuel costs, which should reduce near-term exposure to energy-price volatility. However, fuel remains an industry-wide cost concern. Cruise companies aim to keep fuel costs down
Negative Sentiment: Ticket revenue per passenger per day declined for a second consecutive quarter. Analysts say onboard spending and premium destinations have offset the weakness, but additional Caribbean capacity could further pressure pricing and net yields. Royal Caribbean Beats Its Guidance, But Ticket Prices Fall
Negative Sentiment: Royal Caribbean plans to fund its approximately $3 billion acquisition of a 50% stake in Sandals and Beaches Resorts with debt. The deal could expand its vacation ecosystem and capture more customer spending, but it will increase leverage and expose the company to integration and economic-downturn risks. Could Royal Caribbean Stock Survive a Sandals Deal Gone Wrong?

About Royal Caribbean Cruises

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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.