Royal Caribbean Cruises Ltd.

NYSE:RCL 주식 리포트

시가총액: US$78.7b

Royal Caribbean Cruises 향후 성장

Future 기준 점검 2/6

Royal Caribbean Cruises (는) 각각 연간 9% 및 7.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 10.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 39.4% 로 예상됩니다.

핵심 정보

9.0%

이익 성장률

10.17%

EPS 성장률

Hospitality 이익 성장18.2%
매출 성장률7.5%
향후 자기자본이익률39.42%
애널리스트 커버리지

Good

마지막 업데이트03 Jun 2026

최근 향후 성장 업데이트

Recent updates

내러티브 업데이트 • Jun 01

RCL: Future Earnings Power Will Depend On Mexico Project Resolution

Royal Caribbean Cruises' analyst price target has been trimmed by about $10 to reflect lower fair value, modestly softer revenue growth and profit margin assumptions, and a slightly lower future P/E, after analysts highlighted potential earnings and capacity risks tied to the Perfect Day Mexico project and recent booking headwinds in the broader cruise group. Analyst Commentary Recent research on Royal Caribbean has been active, with several firms revisiting their models after project updates, booking trends and earnings guidance changes.
Seeking Alpha • May 14

Royal Caribbean Cruises: Buying The Dip

Summary Royal Caribbean Cruises remains best-in-class in the cruise industry, supported by strong fundamentals and growing popularity. Despite a negative ROIC-to-WACC ratio, RCL boasts a high return on equity, earnings, and revenue, underpinning its premium valuation case. Short-term stock underperformance is viewed as a buying opportunity for long-term dividend growth investors. Debt remains a risk, but the stock is now trading near fair value given a conservative DCF approach based on earnings. Read the full article on Seeking Alpha
내러티브 업데이트 • May 04

RCL: Mixed Street Reset And 2026 Outlook Will Keep Upside In Check

Royal Caribbean's updated analyst price target has moved lower, with the fair value estimate shifting from $286.04 to $268.88 as analysts factor in a higher discount rate, slightly softer revenue growth and profit margin assumptions, and a higher future P/E multiple after a recent mix of target cuts and raises across the Street. Analyst Commentary Recent research around Royal Caribbean shows a mix of views, but the pattern of price target resets stands out.
내러티브 업데이트 • Apr 20

RCL: 2026 Margin Profile And Cash Returns Will Support Further Upside

Analyst price targets for Royal Caribbean Cruises have been revised lower by about $13, reflecting updated expectations for slightly softer revenue growth, a modestly lower profit margin profile, a somewhat reduced future P/E, and a higher discount rate. Analyst Commentary Recent Street research on Royal Caribbean Cruises shows a mixed but active debate on where the shares should trade, with several large firms adjusting their price targets both higher and lower in quick succession.
내러티브 업데이트 • Apr 05

RCL: Future Upside Will Rely On Enduring Cruise Demand Strength

Analysts maintained the Royal Caribbean Cruises fair value estimate at $425.00 and slightly adjusted underlying assumptions such as the discount rate and revenue growth, reflecting a mix of recent price target increases and trims across the Street while still leaning on expectations for solid demand and operational execution. Analyst Commentary Recent Street research around Royal Caribbean reflects a generally constructive tone, with most updates pointing to confidence in the company’s ability to execute on demand trends, pricing and capacity additions, even as some firms fine tune targets around shorter term Caribbean and geopolitical considerations.
내러티브 업데이트 • Mar 21

RCL: Future Upside Will Rely On Sustained Cruise Demand Strength

Analysts have nudged Royal Caribbean Cruises' target higher to $376, reflecting tweaks to slightly lower discount rates, modestly stronger projected revenue growth and margins, and a small adjustment to future P/E assumptions supported by recent research that points to ongoing cruise demand and double digit revenue expectations into fiscal 2026. Analyst Commentary Recent Street research on Royal Caribbean points to an increasingly constructive tone, with several firms lifting price targets and highlighting supportive demand data, even as some acknowledge near term headwinds in specific regions such as the Caribbean.
내러티브 업데이트 • Mar 07

RCL: Future Profitability And Buybacks Are Expected To Drive Upside

The analyst price target for Royal Caribbean Cruises has been raised to $425.00 from $414.78, with analysts pointing to stronger projected profit margins and a lower assumed future P/E multiple, even as revenue growth expectations are adjusted. Analyst Commentary Street research on Royal Caribbean Cruises has been active, with a cluster of price target revisions signaling how closely the stock is being tracked.
내러티브 업데이트 • Feb 21

RCL: Elevated Expectations And Caribbean Yield Pressures Will Restrain Share Upside

Analysts have lifted their aggregate price target for Royal Caribbean Cruises, reflecting a move from about $245 to roughly $286 as they factor in updated expectations around discount rates, revenue growth, profit margins, and future P/E multiples following a series of recent target changes across the Street. Analyst Commentary Street research on Royal Caribbean Cruises has been active, with several firms revisiting their price targets and near term views.
내러티브 업데이트 • Feb 06

RCL: 2026 Guidance And Margin Outlook Will Support Measured Upside Potential

Analysts have lifted their fair value estimate for Royal Caribbean Cruises by about $31 to $362, citing updated research that reflects slightly lower growth assumptions alongside firmer profit margin expectations and a broadly higher set of Street price targets. Analyst Commentary Street research on Royal Caribbean Cruises has been active, with several firms adjusting price targets in both directions.
내러티브 업데이트 • Jan 23

RCL: Strong Demand And Buybacks Are Expected To Drive Upside

Analysts nudged their price targets higher on Royal Caribbean Cruises, with our fair value estimate moving from US$411.61 to about US$414.78 as they weighed stronger cruise demand data alongside mixed views on yields and costs. Analyst Commentary Recent research on Royal Caribbean Cruises points to a split tape, but the more optimistic voices highlight demand strength, supportive spend data, and confidence in the company’s ability to execute through near term headwinds.
내러티브 업데이트 • Jan 09

RCL: Softer Revenue Yields And 2026 EPS Guidance Will Pressure Shares

Analysts have trimmed their price target for Royal Caribbean Cruises by about $23 to reflect a combination of slightly higher required returns, a modestly lower assumed profit margin and valuation multiple, and updated views on revenue growth and earnings visibility following recent Q3 commentary and 2026 guidance. Analyst Commentary Recent research updates on Royal Caribbean point to a more cautious tone, even as analysts continue to engage with the story following Q3 results and the release of 2026 guidance.
내러티브 업데이트 • Dec 25

RCL: Share Repurchases And Efficient Fleet Are Expected To Drive Upside

Analysts have trimmed their price target on Royal Caribbean Cruises to about $411.61 from $420, citing slightly slower expected revenue growth, modestly lower profit margins, and a higher discount rate, even as they still see robust long term EPS expansion supported by the company's hardware advantages. Analyst Commentary Despite the modest recalibration in price targets, bullish analysts continue to emphasize Royal Caribbean's structural advantages, disciplined capacity growth, and strong earnings trajectory through the back half of the decade.
내러티브 업데이트 • Dec 11

RCL: Reset 2026 Guidance Will Unlock Upside From Conservative Earnings Outlook

Analysts have nudged down their Royal Caribbean Cruises price target by about $5 per share, reflecting slightly higher discount rates and more conservative long term earnings and yield assumptions, even as they still expect robust EPS growth through 2028. Analyst Commentary Analysts are recalibrating their views on Royal Caribbean Cruises following the latest earnings update, trimming price targets but generally maintaining expectations for solid medium term growth and balance sheet progress.
내러티브 업데이트 • Nov 27

RCL: Upside Will Emerge As 2026 Guidance Resets Market Expectations

Royal Caribbean’s analyst price target has been modestly reduced from $337 to $333, as analysts cite more cautious outlooks on future yield growth and mixed booking trends. This comes despite continued recognition of the company’s long-term strengths.
내러티브 업데이트 • Nov 13

RCL: Earnings Upside Will Emerge As Conservative 2026 Guidance Resets Expectations

Analysts have modestly reduced their price target for Royal Caribbean Cruises, trimming it from approximately $344 to $337. They cite a slightly higher discount rate, marginally slower revenue growth and profit margin projections, as well as recent indications of softer yield momentum in upcoming quarters.
내러티브 업데이트 • Oct 29

Earnings Momentum Will Recover As New Vessel Deliveries Accelerate Through 2028

Royal Caribbean Cruises' analyst price target has shifted downward by $11.78 to $344.09, as analysts cite conservative earnings guidance, softer-than-expected revenue yield trends, and mixed forward booking indicators. Analyst Commentary Recent analyst coverage of Royal Caribbean Cruises highlights both confidence in the company’s execution and caution around its future earnings trajectory.
내러티브 업데이트 • Sep 19

New Cruise Ships And Private Destinations Will Expand Markets

Analysts have raised Royal Caribbean Cruises' price target to $355.87, citing strong forward demand, robust pricing power, industry-leading margins, and accretive land-based initiatives, while recent share gains leave some caution on tactical positioning. Analyst Commentary Bullish analysts cite strong forward demand and robust pricing power driving significant upward EPS revisions for Royal Caribbean through 2027/2028.
내러티브 업데이트 • Sep 04

New Cruise Ships And Private Destinations Will Expand Markets

Despite a less attractive near-term tactical setup following a sector rally, analysts cite strong demand, robust pricing, and superior margins as drivers for Royal Caribbean's long-term EPS and market share growth, resulting in the consensus price target remaining unchanged at $351.65. Analyst Commentary Bullish analysts highlight strong forward demand, robust pricing, and optionality from land-based projects as drivers for increased price targets.
분석 기사 • Jul 16

An Intrinsic Calculation For Royal Caribbean Cruises Ltd. (NYSE:RCL) Suggests It's 44% Undervalued

Key Insights Using the 2 Stage Free Cash Flow to Equity, Royal Caribbean Cruises fair value estimate is US$604 Current...
분석 기사 • Jul 04

Investors Appear Satisfied With Royal Caribbean Cruises Ltd.'s (NYSE:RCL) Prospects As Shares Rocket 25%

Despite an already strong run, Royal Caribbean Cruises Ltd. ( NYSE:RCL ) shares have been powering on, with a gain of...
Seeking Alpha • Mar 26

Royal Caribbean Cruises' Selloff Is Finally Here - Upgrade To Buy

Summary RCL has had the much needed correction from recent heights, with it triggering the cheaper valuations and richer double digits upside potential. Combined with the growing net yields, expanding profit margins, and healthier balance sheet, we believe that the company is well positioned to outperform moving forward. With many of its cruise/ travel peers still reporting excellent performance metrics, we believe that RCL is likely to deliver a beat and raise earnings call in FQ1'25. We shall further discuss why we are finally upgrading the stock to a Buy here, significantly aided by the moderating CBOE Volatility Index, lower short interest, and robust bullish support at the 200 DMA. Read the full article on Seeking Alpha
Seeking Alpha • Mar 05

Royal Caribbean: Margin Expansion Will Drive Shares Higher

Summary Royal Caribbean will continue to grow revenue in 2025 while costs per APCD/berth will likely decline, resulting in significant margin expansion. I calculate Royal Caribbean's cruise pricing increased 3.9% in Q4 and industry sources suggest pricing is now 5.0% above year-ago levels. Based on the quarterly seasonality of 2024 earnings, first quarter earnings of $2.60 per share should translate into full year earnings of $17.36 per share. Royal Caribbean's history of exceeding full year earnings guidance suggests $2.00 to $3.00 EPS upside is possible in 2025. Read the full article on Seeking Alpha
Seeking Alpha • Feb 19

Royal Caribbean Cruises: This Company Is Built To Withstand A Slowdown

Summary Royal Caribbean's strong recovery post-COVID, with a 203% total return over three years, demonstrates robust demand and effective management. The company’s Q4 earnings beat expectations, with $2.52 per share and strong booking numbers at higher pricing, despite rising cruise costs. Royal Caribbean's financial health is solid, with improved debt ratios, strong liquidity, and increasing cash flow, positioning it well for future growth. The cruise market's expected 12.9% compound growth rate through 2030 and RCL's premium brand status make it undervalued at 17.69x forward GAAP earnings. Read the full article on Seeking Alpha
Seeking Alpha • Feb 10

Royal Caribbean Cruises: Fade The Rally - Consumer Spending Trends May Reverse Soon

Summary Royal Caribbean Cruises has had an eye-watering rally as consumer spending trends remain robust across commerce/ e-commerce/ retail/ travel, with the same sentiments reiterated by numerous market leaders. Despite the uncertain macroeconomic outlook, RCL continues to report growing top/ bottom-lines and increasing deposits, significantly aided by the raised prices and growing capacity. Even so, it is undeniable that the stock is now trading at a notable premium, with the pulled forward upside potential triggering a minimal margin of safety. If anything, FY2025 may bring forth a tougher YoY comparison and impacted consumer affordability, attributed to the potentially higher for longer inflationary pressure. This is also why we believe that RCL's growth derived from price hikes is unlikely to be replicated ahead, with it contributing to its incrementally tougher future growth opportunity. Read the full article on Seeking Alpha
Seeking Alpha • Jan 03

Royal Caribbean Cruises: Why You Should Disembark

Summary I am giving Royal Caribbean Cruises Ltd. a sell rating. RCL has a stellar high-quality earnings and a solid annual free cash flow. The company suffers from poor short-term liquidity and has substantial amounts of long-term debt and capital expenditures eating into its cash flow. Using a discounted cash flow model taking annual free cash flow as the primary metric, Royal Caribbean is overvalued by 227% from its current intrinsic value of $70.48. Though the company is a major player in a rapidly growing industry, my valuation model has already taken a lofty 34.6% growth rate over the next five years into account. Read the full article on Seeking Alpha
Seeking Alpha • Dec 01

Royal Caribbean: No Significant Upside Despite Factoring In Generous Assumptions

Summary RCL posted yet another strong quarter and posted a 17.45% y/y revenue growth. Operating margins expanded by 298bps to 33.46%. However, net income margin deteriorated due to higher interest expenses. The company raised guidance and expects a strong FY2024. Net yields are expected to grow 11.4%. Capacity will increase by 7.8%. Cruise costs per APCD will only grow 4.25%. RCL is well-positioned to continue enjoying industry-related tailwinds. Moreover, RCL's growth initiatives such as fleet expansion and investments in private islands will help increase the company's revenue capacity. Despite factoring in generous assumptions, valuation analysis suggests that market participants have already fully priced in the company's potential, suggesting that investors will be better off putting their capital elsewhere. Read the full article on Seeking Alpha

이익 및 매출 성장 예측

NYSE:RCL - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)
날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수
12/31/202822,9365,9253,5308,85014
12/31/202721,0775,3053,4997,73726
12/31/202619,6344,6372,0826,98226
3/31/202618,3884,4791,3716,672N/A
12/31/202517,9354,2681,2366,465N/A
9/30/202517,4364,0672,0356,309N/A
6/30/202517,1833,6033,5875,737N/A
3/31/202516,7553,2472,1105,564N/A
12/31/202416,4842,8771,9975,265N/A
9/30/202416,0552,602-3704,914N/A
6/30/202415,3302,500-5554,676N/A
3/31/202414,7422,1056084,495N/A
12/31/202313,9001,6975804,477N/A
9/30/202313,1729202,4413,937N/A
6/30/202312,005-561,7933,233N/A
3/31/202310,667-1,0377212,320N/A
12/31/20228,840-2,156-2,229481N/A
9/30/20227,219-3,013-3,418-300N/A
6/30/20224,683-4,470-3,920-658N/A
3/31/20222,549-5,296-4,129-1,597N/A
12/31/20211,532-5,260-4,108-1,878N/A
9/30/2021584-5,270-4,544-2,498N/A
6/30/202193-5,193-4,812-2,952N/A
3/31/2021218-5,485-6,514-4,740N/A
12/31/20202,209-5,797-5,697-3,732N/A
9/30/20204,692-4,157-4,553-2,297N/A
6/30/20207,913-1,927-3,078-528N/A
3/31/202010,544185-9702,837N/A
12/31/201910,9511,879N/A3,716N/A
9/30/201910,7661,921N/A3,839N/A
6/30/201910,3751,849N/A3,743N/A
3/31/20199,9061,842N/A3,633N/A
12/31/20189,4941,811N/A3,479N/A
9/30/20189,1661,783N/A3,167N/A
6/30/20188,9391,726N/A3,147N/A
3/31/20188,7971,629N/A3,002N/A
12/31/20178,7781,625N/A2,875N/A
9/30/20178,6831,598N/A2,970N/A
6/30/20178,6771,539N/A2,905N/A
3/31/20178,5871,399N/A2,835N/A
12/31/20168,4961,283N/A2,517N/A
9/30/20168,4891,229N/A2,339N/A
6/30/20168,448765N/A2,177N/A
3/31/20168,401720N/A1,998N/A
12/31/20158,299666N/A1,946N/A
9/30/20158,215569N/A1,892N/A
6/30/20158,081830N/A1,903N/A

애널리스트 향후 성장 전망

수입 대 저축률: RCL 의 연간 예상 수익 증가율(9%)이 saving rate(3.5%)보다 높습니다.

수익 vs 시장: RCL 의 연간 수익(9%)이 US 시장(16.2%)보다 느리게 성장할 것으로 예상됩니다.

고성장 수익: RCL 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.

수익 대 시장: RCL 의 수익(연간 7.5%)이 US 시장(연간 11.2%)보다 느리게 성장할 것으로 예상됩니다.

고성장 매출: RCL 의 수익(연간 7.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.

주당순이익 성장 예측

향후 자기자본이익률

미래 ROE: RCL의 자본 수익률은 3년 후 39.4%로 높을 것으로 예상됩니다.

성장 기업 찾아보기

7D

1Y

7D

1Y

7D

1Y

기업 분석 및 재무 데이터 상태

데이터최종 업데이트 (UTC 시간)
기업 분석2026/06/05 21:51
종가2026/06/05 00:00
수익2026/03/31
연간 수익2025/12/31

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패키지데이터기간미국 소스 예시 *
기업 재무제표10년
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시장 가격30년
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지분 구조10년
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경영진10년
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산업 및 섹터 지표

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분석가 소스

Royal Caribbean Cruises Ltd.는 46명의 분석가가 다루고 있습니다. 이 중 26명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.

분석가기관
John StaszakArgus Research Company
Felicia Kantor HendrixBarclays
Brandt MontourBarclays