ROYAL CARIBBEAN CRUISES LTD (RCL) Forecast, Price Target & Analyst Ratings

NYSE:RCL • LR0008862868

Current stock price

265.55 USD
+1.79 (+0.68%)
At close:
265.452 USD
-0.1 (-0.04%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ROYAL CARIBBEAN CRUISES LTD (RCL).

Forecast Snapshot

Consensus Price Target

Price Target
$347.23
+ 30.76% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jul 27, 2026
Period
Q2 / 2026
EPS Estimate
$4.20
Revenue Estimate
4.89B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.59%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$347.23
Upside
+ 30.76%
From current price of $265.55 to mean target of $347.23, Based on 34 analyst forecasts
Low
$258.78
Median
$355.47
High
$446.25

Price Target Revisions

1 Month
-4.33%
3 Months
3.54%

Price Target Summary

34 Wall Street analysts provided a forecast for the next 12 months for RCL. The average price target is 347.23 USD. This implies a price increase of 30.76% is expected in the next year compared to the current price of 265.55.
The average price target has been revised upward by 3.54% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

RCL Current Analyst RatingRCL Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

RCL Historical Analyst RatingsRCL Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
80.59%
RCL was analyzed by 34 analysts. The buy percentage consensus is at 81. So analysts seem to be very confident about RCL.
In the previous month the buy percentage consensus was at a similar level.
RCL was analyzed by 34 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-05-01BarclaysMaintains Overweight -> Overweight
2026-05-01Wells FargoMaintains Overweight -> Overweight
2026-05-01CitigroupMaintains Buy -> Buy
2026-04-15Wells FargoMaintains Overweight -> Overweight
2026-04-14UBSMaintains Buy -> Buy
2026-04-13UBSMaintains Buy -> Buy
2026-04-10BarclaysMaintains Overweight -> Overweight
2026-04-09Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2026-04-08JP MorganMaintains Overweight -> Overweight
2026-03-24Truist SecuritiesMaintains Hold -> Hold
2026-03-16JP MorganMaintains Overweight -> Overweight
2026-02-06Tigress FinancialMaintains Buy -> Buy
2026-02-03Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2026-02-02Wells FargoMaintains Overweight -> Overweight
2026-02-02JP MorganMaintains Overweight -> Overweight
2026-02-02Goldman SachsMaintains Buy -> Buy
2026-02-02CitigroupMaintains Buy -> Buy
2026-01-30StifelMaintains Buy -> Buy
2026-01-30BarclaysMaintains Overweight -> Overweight
2026-01-30JefferiesMaintains Hold -> Hold
2026-01-23Goldman SachsMaintains Buy -> Buy
2026-01-22MizuhoMaintains Outperform -> Outperform
2026-01-22Truist SecuritiesMaintains Hold -> Hold
2026-01-20StifelMaintains Buy -> Buy
2026-01-13Wells FargoMaintains Overweight -> Overweight

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jul 27, 2026
Period
Q2 / 2026
EPS Estimate
$4.20
Revenue Estimate
4.89B
Revenue Q2Q
7.76%
EPS Q2Q
-4.12%
Number of Analysts
24

Next Earnings Revisions

Revenue (1 Month)
0.20%
Revenue (3 Months)
1.42%
EPS (1 Month)
-0.17%
EPS (3 Months)
5.04%

Next Earnings Summary

RCL is expected to report earnings on 7/27/2026. The consensus EPS estimate for the next earnings is 4.2 USD and the consensus revenue estimate is 4.89B USD.
The next earnings revenue estimate has been revised upward by 1.42% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
RCL revenue by date.RCL revenue by date.
13.9B
57.23%		16.484B
18.59%		17.935B
8.80%		19.902B
10.97%		21.367B
7.36%		23.257B
8.85%		25.588B
10.02%		26.768B
4.61%		29.486B
10.15%		31.206B
5.83%		33.026B
5.83%
EBITDA
YoY % growth
RCL ebitda by date.RCL ebitda by date.
4.354B
576.85%		5.725B
31.49%		6.636B
15.91%		7.914B
19.26%		8.699B
9.92%		9.592B
10.27%		10.537B
9.85%		10.788B
2.38%		11.596B
7.49%		12.38B
6.76%		13.216B
6.75%
EBIT
YoY % growth
RCL ebit by date.RCL ebit by date.
2.899B
479.74%		4.125B
42.29%		4.918B
19.22%		5.757B
17.06%		6.373B
10.70%		7.134B
11.94%		7.64B
7.09%		7.901B
3.42%		8.486B
7.40%		9.071B
6.89%		9.694B
6.87%
Operating Margin
RCL operating margin by date.RCL operating margin by date.
20.86%25.02%27.42%28.93%29.83%30.67%29.86%29.52%28.78%29.07%29.35%
EPS
YoY % growth
RCL eps by date.RCL eps by date.
6.69
189.08%		11.81
76.53%		15.64
32.43%		18.13
15.89%		20.78
14.64%		23.73
14.23%		26.72
12.57%		29.19
9.25%		33.17
13.63%		38.30
15.47%		44.23
15.48%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		4.20
-4.12%		6.63
15.39%		3.38
20.70%		3.72
3.42%		5.02
19.62%		7.56
13.94%		4.06
20.01%		4.06
8.92%		5.55
10.48%		8.10
7.15%		4.34
7.09%
Revenue
Q2Q % growth		4.89B
7.76%		5.779B
12.45%		4.693B
10.22%		4.843B
8.78%		5.468B
11.82%		6.079B
5.19%		5.077B
8.18%		4.786B
-1.18%		5.359B
-1.99%		6.112B
0.54%		5.001B
-1.50%
EBITDA
Q2Q % growth		1.873B
-13.33%		2.551B
-14.05%		1.642B
-38.08%		1.743B
8.06%		2.123B
13.35%		2.802B
9.84%		1.833B
11.63%		1.877B
7.69%		2.273B
7.07%		2.978B
6.28%		1.95B
6.38%
EBIT
Q2Q % growth		1.334B
0.15%		1.967B
15.50%		1.111B
18.95%		1.213B
9.58%		1.568B
17.54%		2.206B
12.15%		1.24B
11.61%		1.353B
11.54%		1.744B
11.22%		2.47B
11.97%		1.431B
15.40%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

RCL Yearly Revenue VS EstimatesRCL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B
RCL Yearly EPS VS EstimatesRCL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 20 40

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
14.92%
EPS Next 5 Year
13.29%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
8.67%
Revenue Next 5 Year
8.11%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
24.15%
EBIT Next 5 Year
16.57%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ROYAL CARIBBEAN CRUISES LTD / RCL Forecast FAQ

What do analysts expect the price target to be for ROYAL CARIBBEAN CRUISES LTD (RCL)?

34 analysts have analysed RCL and the average price target is 347.23 USD. This implies a price increase of 30.76% is expected in the next year compared to the current price of 265.55.

What is the next earnings date for RCL stock?

ROYAL CARIBBEAN CRUISES LTD (RCL) will report earnings on 2026-07-27, before the market open.

Can you provide the consensus estimates for ROYAL CARIBBEAN CRUISES LTD next earnings?

The consensus EPS estimate for the next earnings of ROYAL CARIBBEAN CRUISES LTD (RCL) is 4.2 USD and the consensus revenue estimate is 4.89B USD.

How many analysts cover ROYAL CARIBBEAN CRUISES LTD (RCL) stock?

The number of analysts covering ROYAL CARIBBEAN CRUISES LTD (RCL) is 34.