Royal Caribbean (RCL)

• Market cap: $90.8B
• 1 day: -5.01%
• 5 days: -4.60%
• 1 month: 6.78%
• 3 months: 54.39%
• 6 months: 24.26%
• Year to date: 46.00%
• 1 year: 115.53%
• 5 years: 555.63%
• 10 years: 298.49%
• Sector: Consumer Discretionary
• Industry: Travel Services

About: Royal Caribbean is the world's second-largest cruise company by revenues, operating 67 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 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

42% more repeat investments, than reductions

Existing positions increased: 440 | Existing positions reduced: 309

36% more first-time investments, than exits

New positions opened: 152 | Existing positions closed: 112

16% more call options, than puts

Call options by funds: $1.52B | Put options by funds: $1.31B

2% more funds holding

Funds holding: 1,020 [Q4 2024] → 1,037 (+17) [Q1 2025]

0.11% more ownership

Funds ownership: 79.26% [Q4 2024] → 79.37% (+0.11%) [Q1 2025]

11% less capital invested

Capital invested by funds: $49.6B [Q4 2024] → $43.9B (-$5.68B) [Q1 2025]

14% less funds holding in top 10

Funds holding in top 10: 14 [Q4 2024] → 12 (-2) [Q1 2025]

Research analyst outlook

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

• Low target: $230 31% downside
• Avg. target: $330 1% downside
• High target: $405 21% upside

13 analyst ratings

• positive: 9 69%
• neutral: 4 31%
• negative: 0 0%

B of A Securities Andrew Didora	6% upside $355	Neutral Maintained	23 Jul 2025
TD Cowen Kevin Kopelman	21% upside $405	Buy Initiated	22 Jul 2025
Truist Securities Patrick Scholes	1% upside $337	Hold Downgraded	21 Jul 2025
Citigroup James Hardiman	17% upside $390	Buy Maintained	16 Jul 2025
Barclays Brandt Montour	7% upside $358	Overweight Maintained	9 Jul 2025