Wells Fargo Reiterates Buy Rating on Royal Caribbean with $361 Target
Wells Fargo maintains its optimistic view on Royal Caribbean, setting a $361 price target, a 8.99% upside from the current price.
Key Points
- Wells Fargo reiterated its buy rating on Royal Caribbean Cruises Ltd. (NYSE:RCL) with a price target of $361 on June 22, 2026.
- Wells Fargo's $361 price target implies 8.99% upside from Royal Caribbean Cruises Ltd.'s ($RCL) current $331.22 share price.
- Shares of RCL traded near $312.51 on Monday, with a market cap of approximately $83.8 billion and a P/E ratio of 19.08.
- Other analysts like Citigroup and UBS also maintain buy ratings, with targets of $362 and $309 respectively.
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Wells Fargo has reiterated its buy rating on Royal Caribbean Cruises Ltd. (NYSE:RCL), setting a price target of $361. The announcement came on June 22, 2026, as analyst Trey Bowers expressed continued confidence in the cruise line's prospects.
Wells Fargo vs. the S&P 500
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Royal Caribbean Cruises Ltd. Stock Up 18.5%
Shares of Royal Caribbean traded near $312.51 on Monday. The company, with a market cap of about $83.8 billion, has a P/E ratio of 19.08 and a forward P/E of 15.61. Its beta is 1.784, indicating higher volatility compared to the market. The stock's 52-week range is between $232.1 and $366.5, with a 50-day moving average of $274.73 and a 200-day moving average of $290.34. The company has a current ratio of 0.199, a quick ratio of 0.09, and a debt-to-equity ratio of 217.312.
$RCL price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
In the recent quarter, Royal Caribbean reported revenue of $18.39 billion, reflecting a growth rate of 11.3%. The company's net margin stands at 24.36%, with a return on equity of 49.58%. Earnings per share (EPS) were $16.38. The next earnings report is expected on July 28, 2026.
Dividend
Royal Caribbean pays an annual dividend of $5.00 per share, yielding 1.6% with a payout ratio of 25.93%. The ex-dividend date was not specified.
Insider Buying and Selling at Royal Caribbean Cruises Ltd.
Several insider transactions occurred recently. On June 1, 2026, Laura Bethge, President of Celebrity Cruises, sold 267 shares at an average price of $284.23. On May 28, 2026, Vagn Sorensen and Richard Fain each purchased 831 shares, though the transaction price wasn't disclosed. On the same day, Maritza Gomez Montiel, Amy McPherson, and Rebecca Yeung sold shares at $276.62 each.
Analysts Set New Price Targets
On June 22, 2026, Wells Fargo maintained its buy rating on Royal Caribbean, setting a $361 price target. Previously, Citigroup also maintained a buy rating with a $362 target on June 16, 2026. Freedom Broker initiated coverage with a buy rating and a $320 target on June 3, 2026. Loop Capital began coverage with a hold rating and a $304 target on June 1, 2026. The consensus among 26 analysts is a buy, with an average target price of $336.85.
About Royal Caribbean Cruises Ltd.
Royal Caribbean Cruises Ltd. operates as a cruise company worldwide, offering trips under brands like Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. As of the end of 2025, the company operated 69 ships. Founded in 1968, Royal Caribbean is headquartered in Miami, Florida, and led by CEO Mr. Jason T. Liberty. It employs around 107,950 people.
Bottom Line
Wells Fargo's continued buy rating on Royal Caribbean reflects optimism about the company's growth prospects. Investors keep a close eye on such analyst ratings as they can influence stock performance. It's important to remember that these ratings and targets are based on past data and market conditions and may not reflect the current position.
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