Royal Caribbean's New Price Target and Financial Performance

Font: Financial Modeling Prep  • Feb 06, 2026

• Tigress Financial sets a new price target of $425 for Royal Caribbean (NYSE: RCL), indicating a potential increase of about 23.21%.
• Royal Caribbean's stock surges following strong fourth-quarter earnings, with adjusted earnings of $2.80 per share and net yield growth of approximately 2.5%.
• The company projects adjusted earnings for 2026 in the range of $17.70 to $18.10 per share, with occupancy rates soaring to about 108%.

On February 6, 2026, Tigress Financial set a new price target of $425 for Royal Caribbean (NYSE: RCL). At the time, the stock was trading at $344.95, suggesting a potential increase of about 23.21%. Royal Caribbean is a major player in the cruise industry, competing with companies like Carnival Corporation and Norwegian Cruise Line.

Royal Caribbean's stock experienced a notable surge on Friday afternoon, continuing its upward trend after the release of its fourth-quarter earnings report. The stock is currently priced at $345.51, reflecting an increase of approximately 5.95% or $19.42. This aligns with a broader advance in U.S. stocks, as highlighted by the Dow Jones Industrial Average reaching another record high.

The cruise operator's fourth-quarter results met Wall Street expectations, with adjusted earnings of $2.80 per share, matching consensus estimates. Revenue performance was strong, driven by a net yield growth of approximately 2.5% on a constant-currency basis. Reported net yields increased by just over 3%, thanks to higher pricing and robust onboard spending.

Occupancy rates soared to about 108%, indicating that the ships are sailing at full capacity. This strong performance has bolstered investor confidence, as Royal Caribbean's management projects adjusted earnings for 2026 in the range of $17.70 to $18.10 per share. The company's market capitalization stands at approximately $94.22 billion, with a trading volume of 1,159,487 shares on the NYSE.