Royal Caribbean's stock surged following the company's earnings announcement on January 29, 2026. While the company missed Q4 earnings expectations, shares jumped due to strong 2026 guidance and record bookings. Royal Caribbean reported 2025 adjusted earnings per share of $15.64, exceeding prior guidance. The company forecasted 2026 adjusted EPS between $17.70 and $18.10, above Wall Street estimates. Management cited strong demand from affluent travelers and solid booking momentum entering a key season. The company experienced seven of its highest booking weeks in company history. Royal Caribbean also announced expansion plans including new Discovery Class ships and plans to roughly double its Celebrity River Cruises fleet. Goldman Sachs raised its price target to $310 from $275 while maintaining a Buy rating.
Read full analysisRoyal Caribbean's stock surged following the company's earnings announcement on January 29, 2026. While the company missed Q4 earnings expectations, shares jumped due to strong 2026 guidance and record bookings. Royal Caribbean reported 2025 adjusted earnings per share of $15.64, exceeding prior guidance. The company forecasted 2026 adjusted EPS between $17.70 and $18.10, above Wall Street estimates. Management cited strong demand from affluent travelers and solid booking momentum entering a key season. The company experienced seven of its highest booking weeks in company history. Royal Caribbean also announced expansion plans including new Discovery Class ships and plans to roughly double its Celebrity River Cruises fleet. Goldman Sachs raised its price target to $310 from $275 while maintaining a Buy rating.
Royal Caribbean Group (RCL) is a publicly traded company in the Consumer Discretionary sector.