Barclays has revised its price target for Royal Caribbean Cruises Ltd. (RCL, Financial), lowering it from $308 to $249, while maintaining an Overweight rating on the shares. This decision comes as the firm prepares for the cruise line's first-quarter earnings report.
Despite the reduction, Barclays anticipates a strong performance in the first quarter, supported by a solid booking position. This stability is expected to offset potential impacts from fuel price fluctuations and currency exchange rates. The primary concern for investors, according to Barclays, lies in projections for 2026 rather than immediate figures.
Investors remain optimistic about Royal Caribbean's current position, but are advised to keep an eye on long-term forecasts as the industry navigates future uncertainties.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for Royal Caribbean Group (RCL, Financial) is $274.20 with a high estimate of $330.00 and a low estimate of $220.00. The average target implies an upside of 44.69% from the current price of $189.51. More detailed estimate data can be found on the Royal Caribbean Group (RCL) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, Royal Caribbean Group's (RCL, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Royal Caribbean Group (RCL, Financial) in one year is $177.78, suggesting a downside of 6.19% from the current price of $189.51. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Royal Caribbean Group (RCL) Summary page.
