Deutsche Bank upgrades Royal Caribbean stock to Buy

Published on 10/01/2026 at 16:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 4.83 billion in the second quarter. Royal Caribbean stock costs EUR 235.50 on October 1, 2026 versus EUR 235.05.

Trading-Floor mit großen Bildschirmen, Aktiencharts und Silhouette eines Kreuzfahrtschiffs — Börsen-Editorial zeigt Trading-Floor mit Charts der Royal Caribbean Group, ISIN LR0008862868, Händler im Gespräch, Illustration mit AI erstellt.

Royal Caribbean stock was trading at EUR 235.50 at Lang & Schwarz on October 1, 2026, while Deutsche Bank upgraded the company to Buy on September 29, 2026 and kept its USD 299.00 price target, according to Yahoo Finance. The recommendation follows a sharp retreat from the stock's August peak and puts valuation at the center of the debate.

Deutsche Bank sees valuation appeal

Yahoo Finance reported that analyst Chris Woronka moved Royal Caribbean from Hold to Buy while maintaining the USD 299.00 target. The note described the decline since early August as an overreaction and argued that the risk-reward profile had improved.

That view is not isolated. CNBC reported on September 28, 2026 that Bank of America upgraded Royal Caribbean from Neutral to Buy and maintained a USD 330.00 target. The bank cited strong travel spending and at least 4.00 percent net yield growth in the fourth quarter of 2026, while higher oil prices remained a risk.

Second-quarter results support the case

Royal Caribbean reported USD 4.83 billion in revenue for the second quarter of 2026, up 6.50 percent from the same period a year earlier, according to MarketBeat. Quarterly earnings per share came to USD 4.21, exceeding the USD 3.98 consensus estimate by USD 0.23.

The same report said JPMorgan raised its price target from USD 345.00 to USD 394.00 on September 24, 2026, while keeping an Overweight rating. The cluster of targets shows the split between a more cautious USD 299.00 view and more aggressive estimates, with operating performance providing the central test for those valuations.

Sandals expands the vacation portfolio

Royal Caribbean Group's homepage describes a partnership with Sandals Resorts supported by a 50 percent investment from Royal Caribbean Group, broadening the company beyond cruise ships into all-inclusive resorts. Royal Caribbean Group presents the move as part of a broader vacation portfolio, while MarketBeat reported an investment of USD 3.00 billion for a 50 percent stake in Sandals and Beaches Resorts.

Royal Caribbean stock stays below its high

At Lang & Schwarz, Royal Caribbean stock was trading at EUR 235.50 on October 1, 2026 at 4:04 p.m. CEST, up 0.19 percent versus the prior close of EUR 235.05 on September 30, 2026. The finance quote showed a USD 71.5 billion market capitalization and a USD 222.22 to USD 356.39 52-week range as of October 1, 2026, placing the primary-exchange quote inside a wide annual band. The further course of trading is shown by the continuously updated real-time quote of Royal Caribbean stock.