Royal Caribbean Cruises Ltd. (RCL)
NYSE: RCL · IEX Real-Time Price · USD
168.29
+4.10 (2.50%)
At close: Jul 19, 2024, 4:00 PM
168.99
+0.70 (0.42%)
Pre-market: Jul 22, 2024, 7:25 AM EDT
Royal Caribbean Cruises Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for RCL stock have an average target of 161.78, with a low estimate of 115 and a high estimate of 204. The average target predicts a decrease of -3.87% from the current stock price of 168.29.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for RCL stock from 18 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 9 | 10 | 11 | 11 |
| Buy | 6 | 6 | 6 | 5 | 5 | 5 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 16 | 17 | 17 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $170 → $195 | Strong Buy | Maintains | $170 → $195 | +15.87% | Jul 17, 2024 |
| Barclays | Barclays | Buy Maintains $165 → $185 | Buy | Maintains | $165 → $185 | +9.93% | Jul 12, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $165 → $204 | Strong Buy | Maintains | $165 → $204 | +21.22% | Jun 26, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $173 → $175 | Buy | Maintains | $173 → $175 | +3.99% | Jun 24, 2024 |
| Argus Research | Argus Research | Strong Buy Maintains $161 → $172 | Strong Buy | Maintains | $161 → $172 | +2.20% | May 29, 2024 |
Financial Forecast
Revenue This Year
16.55B
from 13.90B
Increased by 19.09%
Revenue Next Year
17.96B
from 16.55B
Increased by 8.46%
EPS This Year
11.10
from 6.31
Increased by 75.99%
EPS Next Year
12.92
from 11.10
Increased by 16.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.5B | 19.1B | 20.9B | 22.0B | 23.1B |
| Avg | 16.6B | 18.0B | 19.5B | 21.1B | 22.2B |
| Low | 15.5B | 16.8B | 17.9B | 20.5B | 21.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 25.9% | 15.6% | 16.4% | 13.0% | 9.1% |
| Avg | 19.1% | 8.5% | 8.4% | 8.7% | 5.0% |
| Low | 11.5% | 1.7% | -0.3% | 5.4% | 1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.12 | 14.11 | 17.55 | 18.08 | 19.69 |
| Avg | 11.10 | 12.92 | 14.61 | 17.39 | 18.94 |
| Low | 10.54 | 11.64 | 12.62 | 16.88 | 18.38 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 92.0% | 27.1% | 35.8% | 23.8% | 13.2% |
| Avg | 76.0% | 16.4% | 13.1% | 19.0% | 8.9% |
| Low | 67.1% | 4.8% | -2.3% | 15.5% | 5.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.