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Barchart
Barchart
Sohini Mondal

Are Wall Street Analysts Bullish on Royal Caribbean Cruises Stock?

With a market cap of $94.9 billion, Royal Caribbean Cruises Ltd. (RCL) is a global vacation leader operating 69 ships across more than 1,000 destinations on all seven continents through its brands Royal Caribbean, Celebrity Cruises, Silversea, and a joint venture with TUI Cruises. With expanding private destinations and upcoming entry into river cruising, the company is building a connected vacation ecosystem that turns unforgettable trips into lifelong travel experiences.

Shares of the Miami, Florida-based company have outperformed the broader market over the past 52 weeks. RCL stock has returned 31.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 15.6%. Moreover, shares of the company are up 24.8% on a YTD basis, compared to SPX’s 1.7% rise.

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