"Truist analyst C. Patrick Scholes raised his price target for Royal Caribbean Group to $327, maintaining a Hold rating, which is above current trading levels."
"Approximately two-thirds of 2026 capacity is already booked at record rates, with WAVE season producing the highest seven booking weeks in company history."
"Capacity is expected to grow 6.7% in 2026, with the private destination portfolio expanding from three to eight locations by 2028, enhancing revenue potential."
"The company targets a 20% adjusted EPS CAGR through 2027, indicating strong earnings growth potential despite recent stock performance."
Royal Caribbean Group's stock has experienced a decline of 12.67% over the past month and 2.42% year-to-date, trading around $276.41. Despite this, the stock has increased nearly 23% over the past year. Analysts maintain a positive outlook, with a consensus target of $363.50. Truist analyst C. Patrick Scholes raised the price target to $327, citing record booking momentum and capacity expansion as key drivers for future growth, although net yield growth has decelerated.
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