Bank of America upgraded Royal Caribbean Cruises Ltd to Buy from Neutral following a 26% decline in its shares, which lowered the 2027 estimated EV/EBITDA multiple below 10x. Analysts highlighted the company's strong business fundamentals, including high return on invested capital, nearly 40% EBITDA margins, and an investment-grade balance sheet with significant fuel hedging. Despite concerns about fuel costs, Caribbean capacity, and macroeconomic factors, travel spending remains robust, and Royal Caribbean's recent $3 billion investment in Sandals Resorts is expected to boost EBITDA by 3-4% in the near term. The bank maintains a $330 price target, confident in the company's ability to grow net yields and capture travel market share.
Royal Caribbean Cruises Ltd shares are trading at USD 245.27 on Pluang, showing a 1.06% gain as of Sep 29, 2026 02:32 WIB. The stock's market cap stands at $64.91 billion, with a dividend yield of 2.47%.
Royal Caribbean Cruises Ltd. is expanding into the all-inclusive resort sector by acquiring a 50% stake in Sandals and Beaches Resorts for $3 billion. This strategic move aims to broaden Royal Caribbean's presence in the $2 trillion global vacation m...
Princess Cruises has announced a series of holiday-themed cruises for the 2026-2027 season, featuring destinations like Hawaii, the Caribbean, Mexico, and the Panama Canal. These cruises include festive activities such as tree lighting ceremonies, ho...
