JPMorgan lifts Royal Caribbean stock target to USD 394.00
Published on 10/05/2026 at 16:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Royal Caribbean stock was trading at EUR 244.90 at Lang & Schwarz on October 5, 2026 at 4:04 p.m. CEST, down 0.63 percent versus the prior close of EUR 246.45. On September 24, 2026, JPMorgan raised its price target from USD 345.00 to USD 394.00 while maintaining an Overweight rating, according to MarketBeat.
Sandals expands the vacation platform
Royal Caribbean Group agreed on September 23, 2026, to acquire a 50% equity interest in Sandals and Beaches Resorts for USD 3.0 billion, creating a joint venture in the all-inclusive resort market. The transaction represents a forward earnings before interest, taxes, depreciation and amortization multiple of 10.00 times and is expected to close in early 2027, subject to customary approvals, according to PR Newswire.
The deal adds resort exposure to a cruise portfolio built around Royal Caribbean, Celebrity Cruises and Silversea. Royal Caribbean has secured committed debt financing from Morgan Stanley, so the strategic expansion also increases the importance of capital discipline as the partnership moves toward closing.
Second-quarter figures support the case
Royal Caribbean reported total revenue of USD 4.8 billion in the second quarter of 2026, up 6 percent year over year, with diluted earnings per share of USD 4.20 and adjusted earnings per share of USD 4.21. Net income reached USD 1.1 billion, according to the company's 8-K summary published by Stock Titan.
The operating comparison is important: the company carried 2.4 million guests in the second quarter, while capacity grew 5 percent. Full-year 2026 guidance calls for adjusted earnings per share of USD 17.73-17.87, a range that frames JPMorgan's higher target against both earnings growth and the financing burden of the Sandals investment.
Stock stays below its yearly high
Royal Caribbean stock was trading at EUR 244.90 at Lang & Schwarz on October 5, 2026 at 4:04 p.m. CEST, compared with a prior close of EUR 246.45. The primary listing is on the NYSE, where the finance data snapshot showed a 52-week range of USD 222.22 to USD 356.39 and market capitalization of USD 73.5 billion as of October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Royal Caribbean stock.
Royal Caribbean stock facts
- Company: Royal Caribbean Cruises Ltd.
- ISIN: LR0008862868
- Ticker: RCL
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 5, 2026, 4:04 p.m. CEST): EUR 244.90
- Change versus prior close: minus 0.63 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 246.45
- Market capitalization: USD 73.5 billion (as of October 5, 2026)
- 52-week range: USD 222.22-356.39 (as of October 5, 2026)
- Sector / Industry: Consumer Cyclical / Travel Services
- Index membership: S&P 500
