Royal Caribbean (RCL)

• Market cap: $58.4B
• 1 day: -0.77%
• 5 days: 4.49%
• 1 month: 4.61%
• 3 months: -21.79%
• 6 months: 3.14%
• Year to date: -6.16%
• 1 year: 53.91%
• 5 years: 359.50%
• 10 years: 215.77%
• Sector: Consumer Discretionary
• Industry: Travel Services

About: Royal Caribbean is the world's second-largest cruise company, operating 66 ships across five global and partner brands in the cruise vacation industry. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in 2021 and plans to launch its new Celebrity River Cruise brand in 2027.

Employees: 106,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

129% more first-time investments, than exits

New positions opened: 183 | Existing positions closed: 80

35% more capital invested

Capital invested by funds: $36.6B [Q3] → $49.5B (+$12.9B) [Q4]

20% more repeat investments, than reductions

Existing positions increased: 373 | Existing positions reduced: 311

18% more funds holding in top 10

Funds holding in top 10: 11 [Q3] → 13 (+2) [Q4]

9% more funds holding

Funds holding: 937 [Q3] → 1,018 (+81) [Q4]

1.01% less ownership

Funds ownership: 80.21% [Q3] → 79.2% (-1.01%) [Q4]

37% less call options, than puts

Call options by funds: $1.74B | Put options by funds: $2.76B

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $220 2% upside
• Avg. target: $264 23% upside
• High target: $330 54% upside

9 analyst ratings

• positive: 7 78%
• neutral: 2 22%
• negative: 0 0%

Barclays Brandt Montour 40% 1-year accuracy 35 / 87 met price target	22% upside $263	Overweight Maintained	30 Apr 2025
Susquehanna Christopher Stathoulopoulos 56% 1-year accuracy 10 / 18 met price target	28% upside $275	Positive Maintained	30 Apr 2025
Goldman Sachs Lizzie Dove 43% 1-year accuracy 13 / 30 met price target	14% upside $245	Buy Maintained	23 Apr 2025
Morgan Stanley Jamie Rollo 33% 1-year accuracy 1 / 3 met price target	2% upside $220	Equal-Weight Maintained	10 Apr 2025
Stifel Steven Wieczynski 44% 1-year accuracy 16 / 36 met price target	23% upside $265	Buy Maintained	8 Apr 2025