Royal Caribbean Cruises (RCL) – Investment Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Royal Caribbean Cruises (NYSE: RCL):

• 10/29/2026 – Royal Caribbean Cruises had its price target raised by Citigroup from $362.00 to $364.00. They now have a “buy” rating on the stock.
• 10/28/2026 – Royal Caribbean Cruises was given a new $350.00 price target by Jefferies Financial Group. They now have a “buy” rating on the stock.
• 10/28/2026 – Royal Caribbean Cruises was downgraded by Weiss Ratings from “buy (b-)” to “hold (c)”.
• 10/28/2026 – Royal Caribbean Cruises had its price target raised by Barclays from $337.00 to $350.00. They now have an “overweight” rating on the stock.
• 10/28/2026 – Royal Caribbean Cruises had its price target raised by Susquehanna from $355.00 to $360.00. They now have a “positive” rating on the stock.
• 10/28/2026 – Royal Caribbean Cruises had its “buy” rating reaffirmed by The Goldman Sachs Group. They now have a $358.00 price target on the stock.
• 10/28/2026 – Royal Caribbean Cruises was upgraded by Freedom Broker from “hold” to “buy”. They now have a $379.00 price target on the stock, up from $351.00.
• 10/28/2026 – Royal Caribbean Cruises had its price target raised by Wells Fargo & Company from $358.00 to $361.00. They now have an “overweight” rating on the stock.
• 10/27/2026 – Royal Caribbean Cruises had its price target raised by Jefferies Financial Group from $330.00 to $350.00. They now have a “buy” rating on the stock.
• 10/20/2026 – Royal Caribbean Cruises had its price target raised by TD Cowen from $337.00 to $340.00. They now have a “buy” rating on the stock.
• 10/20/2026 – Royal Caribbean Cruises had its price target lowered by Susquehanna from $372.00 to $355.00. They now have a “positive” rating on the stock.
• 10/12/2026 – Royal Caribbean Cruises had its price target lowered by Wells Fargo & Company from $388.00 to $358.00. They now have an “overweight” rating on the stock.
• 10/8/2026 – Royal Caribbean Cruises was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
• 10/8/2026 – Royal Caribbean Cruises was upgraded by Jefferies Financial Group from “hold” to “buy”. They now have a $330.00 price target on the stock, up from $305.00.
• 10/8/2026 – Royal Caribbean Cruises was upgraded by Jefferies Financial Group from “hold” to “buy”. They now have a $330.00 price target on the stock, up from $305.00.
• 10/7/2026 – Royal Caribbean Cruises had its price target lowered by Barclays from $340.00 to $337.00. They now have an “overweight” rating on the stock.
• 10/2/2026 – Royal Caribbean Cruises had its “buy” rating reaffirmed by Citigroup.
• 9/28/2026 – Royal Caribbean Cruises was upgraded by Deutsche Bank Aktiengesellschaft from “hold” to “buy”. They now have a $330.00 price target on the stock, up from $299.00.
• 9/28/2026 – Royal Caribbean Cruises was upgraded by Bank of America from “neutral” to “buy”. They now have a $330.00 price target on the stock.
• 9/28/2026 – Royal Caribbean Cruises had its “buy” rating reaffirmed by Tigress Financial. They now have a $425.00 price target on the stock.
• 9/24/2026 – Royal Caribbean Cruises had its price target raised by Truist Financial from $297.00 to $298.00. They now have a “hold” rating on the stock.
• 9/24/2026 – Royal Caribbean Cruises had its price target lowered by Northcoast Research from $368.00 to $335.00. They now have a “buy” rating on the stock.
• 9/24/2026 – Royal Caribbean Cruises had its price target raised by JPMorgan Chase & Co. from $345.00 to $394.00. They now have an “overweight” rating on the stock.
• 9/23/2026 – Royal Caribbean Cruises had its “outperform” rating reaffirmed by Sanford C. Bernstein. They now have a $355.00 price target on the stock, down from $380.00.
• 9/23/2026 – Royal Caribbean Cruises had its “buy” rating reaffirmed by UBS Group.
• 9/23/2026 – Royal Caribbean Cruises had its “outperform” rating reaffirmed by BMO Capital Markets. They now have a $370.00 price target on the stock.
• 9/8/2026 – Royal Caribbean Cruises was upgraded by TD Cowen to “strong-buy”.

Royal Caribbean Cruises Price Performance

Shares of RCL stock traded up $17.61 during trading hours on Wednesday, reaching $330.78. 1,003,357 shares of the company were exchanged, compared to its average volume of 2,533,173. Royal Caribbean Cruises Ltd. has a fifty-two week low of $222.22 and a fifty-two week high of $356.39. 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 stock’s fifty day moving average is $272.91 and its two-hundred day moving average is $287.08. The company has a market cap of $88.47 billion, a price-to-earnings ratio of 19.58, a P/E/G ratio of 1.12 and a beta of 1.88.

Royal Caribbean Cruises (NYSE:RCL) last issued its earnings results 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. Royal Caribbean Cruises had a net margin of 23.78% and a return on equity of 43.40%. The company had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.61 billion. During the same quarter last year, the firm earned $5.75 EPS. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. Sell-side analysts forecast that Royal Caribbean Cruises Ltd. will post 17.94 earnings per share for the current fiscal year.

Royal Caribbean Cruises Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 8th. Stockholders of record on Thursday, September 17th were given a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Thursday, September 17th. Royal Caribbean Cruises’s payout ratio is currently 35.52%.

Insider Activity at Royal Caribbean Cruises

In related news, Director Maritza Montiel sold 400 shares of the company’s stock in a transaction dated Friday, October 30th. The stock was sold at an average price of $307.21, for a total transaction of $122,884.00. Following the sale, the director owned 13,202 shares in the company, valued at approximately $4,055,786.42. This represents a 2.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 6.44% of the stock is currently owned by corporate insiders.

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.