Are Wall Street Analysts Predicting Royal Caribbean Stock Will Climb or Sink?

Royal Caribbean Cruises Ltd. (RCL), headquartered in Miami, Florida, operates as a global cruise vacation company. Valued at $41.5 billion by market cap, it serves global cruise brands: Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises. The firm also holds interest in TUI Cruises, Pullmantur and SkySea Cruises brands. 

Shares of this cruise operator have outperformed the broader market considerably over the past year. RCL has gained 62.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 28.3%. In 2024 alone, RCL stock is up 24.7%, surpassing SPX’s 17.6% rise on a YTD basis.