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Royal Caribbean Group (RCL) has an average rating of overweight and mean price target of $343.68, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $328.58, Change: $+6.07, Percent Change: +1.88%
Royal Caribbean Group (RCL) has an average rating of overweight and mean price target of $343.68, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $324.42, Change: $+1.92, Percent Change: +0.60%
US equity futures were mostly tracking in the red on Tuesday amid a selloff in chip stocks over concerns about artificial intelligence financing, while traders await the latest batch of corporate earnings.The S&P 500 declined 0.2% and the Nasdaq fell 0.9% in premarket activity, while the Dow Jones Industrial Average edged up 0.1%. The indexes finished the previous trading session mixed.Shares of Nvidia (NVDA) were down 0.9% pre-bell after closing Monday with a nearly 5% decrease. The tech bellwether is reportedly in talks to provide a roughly $250 billion backstop for OpenAI as part of a data-center project, raising concerns about "circular financing," in which suppliers are also major investors in their customers.Sandisk (SNDK) slipped 7.2% while Intel (INTC) was off 4.1%. Marvell Technology (MRVL) shed 4.9% and Qualcomm (QCOM) declined 2.9%. Advanced Micro Devices (AMD) dropped about 4%.West Texas Intermediate crude oil declined 2.2% to $80.86 a barrel before the opening bell, while Brent slid 2.3% to $86.32.US President Donald Trump told Axios on Monday that the US is in "very deep talks" with Iran, though he said military action could resume if diplomacy fails. His remarks came as the US apparently halted strikes against Iran."While this is the first tangible signal of de-escalation, the reasons behind it are less clear," ING Bank said in a report on Monday. "There's little explanation from the US. Also, it hasn't yet led to any meaningful pickup in vessel flows through the Strait of Hormuz."Tehran's foreign ministry continued to hold discussions with Saudi Arabia and Oman on Tuesday over the future of the Strait of Hormuz, CNBC reported.Coca-Cola (KO), Boeing (BA), S&P Global (SPGI), United Parcel Service (UPS), Royal Caribbean Cruises (RCL), Sherwin-Williams (SHW) and PayPal (PYPL) are some of the major companies scheduled to report their latest financial results Tuesday. Visa (V), NXP Semiconductors (NXPI) and automaker Ford (F) are expected to release their earnings after the markets close.The Federal Reserve's monetary policy committee is set to kick off its meeting on interest rates today, with a decision due Wednesday. The probability of the central bank leaving its benchmark lending rate unchanged currently stands at 64%, with the remaining odds in favor of a quarter-percentage-point increase, according to the CME FedWatch tool.UBS Securities said Monday it expects three dissents as a base case, but won't be surprised to see two more pushing for a rate hike.Treasury yields were down in premarket action, with the two- and 10-year rates retreating 1.9 basis points each to 4.3% and 4.62%, respectively.Tuesday's economic calendar also has the international trade in goods data, as well as the retail and wholesale inventories reports, all for June, at 8:30 am ET. The Case-Shiller Home Price Index and the Federal Housing Finance Agency House Price Index, both for May, post at 9 am.The consumer confidence report for July is out at 10 am, along with the Richmond Fed manufacturing index for the same month.Gold moved down 1.4% to $4,021 per troy ounce, while bitcoin dropped 2.2% to $63,463.
Royal Caribbean (RCL) and Norwegian Cruise Line (NCLH) are poised to see lower net yields in H2 on account of bookings weakness owing to the ongoing Iran conflict, Morgan Stanley said in a Wednesday research note.Morgan Stanley estimated a modest net yield beat in Q2 for Royal Caribbean, but lowered its estimates for Q3 and Q4 to 0.5% from 1% and to 4% from 4.5%, respectively. For Norwegian Cruise Line, Morgan Stanley said that the company's 400 basis point reduction to 2026 net yield guidance was "appropriately conservative," but lowered its estimate for Q4.Additionally, Morgan Stanley said that travel backdrop continues to remain "solid", as evidenced by Bank of America card spending on cruises rising to 9.8% in June from 8.4% in May, with airline and hotel data spend showing strongest growth rates in over a year.Viking (VIK) appears to be a standout, with the company more than 92% booked for 2026 making it largely immune from demand volatility, according to the note. Morgan Stanley estimated net yields of 5.6% and EBITDA of $714 million for Q2.Morgan Stanley maintained its neutral rating on Royal Caribbean and Norwegian Cruise Line with price target of $310 and $22, respectively. For Viking, Morgan Stanley raised its price target to $115 from $97 and reiterated its buy rating.Price: $294.86, Change: $+11.77, Percent Change: +4.16%
Royal Caribbean (RCL) has an average rating of overweight and mean price target of $337.96, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Royal Caribbean (RCL) is on track for a solid Q2, but Q3 bookings face downside risk, while Perfect Day Mexico is delayed but still expected to proceed, UBS said in a note Thursday.The analysts said the company is expected to report a fairly booked Q2, as its previous guidance likely did not account for a prolonged geopolitical conflict or its impact on bookings. They added that they continue to forecast flat Q3 yields in constant currency, compared with consensus expectations for nearly 1% growth, which they believe face downside risk.Royal Caribbean has increased its reliance on European demand after March, but recent geopolitical uncertainty has impacted European bookings more heavily than in the past, the analysts said, adding that they maintain their 1.6% full-year yield forecast, which is below consensus and may not fully reflect the latest booking trends.The analysts said the company's Perfect Day Mexico project is likely delayed to late 2027, with ramp-up in early 2028, but they believe it will still move forward.UBS has a buy rating and a $309 price target on Royal Caribbean.Price: $295.99, Change: $-10.32, Percent Change: -3.37%
Royal Caribbean (RCL) is facing a reduction in earnings for 2028 and beyond following Mexico's decision to deny an environmental permit to the company's Perfect Day Mexico project, Morgan Stanley said in a Friday note.Morgan Stanley said it reduced its 2028 EPS growth estimate to 12% from 20%, and its 2025 to 2030 EPS compound annual growth rate to 13% from 15%.The company was expecting significant earnings gains beginning in 2028 from the proposed 200-acre Perfect Day development at Costa Maya in Quintana Roo, Morgan Stanley said, adding it had assumed 3 million passengers in 2028 rising to 5 million by 2030, each spending around $100 and boosting fleet ticket prices in the high single digits.Looking ahead, the company has two plausible paths to recovery, namely a revised environmental application that satisfies the government's concerns or finding an alternative less ecologically sensitive location, according to the note. Either would mean significant delays, the analysts said.Morgan Stanley lowered its Royal Caribbean price target to $280 from $310 and maintained its equal-weight rating.Price: $265.51, Change: $+9.41, Percent Change: +3.67%
Royal Caribbean Cruises (RCL) plans to review its prospects for investment in Mexico after authorities rejected a water park project on the country's Mexico's Caribbean coast over environmental concerns."We will re-engage stakeholders to move forward in a way that delivers shared prosperity through the development of essential environmental infrastructure, the creation of thousands of local jobs, and community programs that support the people of Mexico," the company said Wednesday in an emailed statement to.Reuters reported Tuesday that the project had been vetoed by the government, citing Alicia Barcena, the country's environment minister, at a press conference.Scheduled to open in fall 2027 in Mahahual, a beach town near a coral reef, the Perfect Day Mexico project included beach clubs, pools, bars and more than 30 waterslides, the report said.Royan Caribbean said it was disappointed by the government's decision but respects the role of Mexico's environmental authorities. "We continue to believe in Mexico and are optimistic in the potential to advance our investment responsibly," the company said.Price: $244.40, Change: $-2.80, Percent Change: -1.13%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Shares of RCL have fallen 9% WTD following reports that Mexican President Claudia Sheinbaum rejected the company's 'Perfect Day Mexico' project in Quintana Roo, citing environmental concerns. The news is particularly troubling given management's Q1 commentary suggesting ecological concerns had been resolved and construction of the roughly $1B project had resumed. Management projected 90% of Caribbean guests would visit a private destination by 2027, up from 70% currently. Perfect Day Mexico was central to this target and critical for capturing the high-growth Texas drive-to-cruise market. The rejection creates multiple risks, including unrecoverable sunk costs, the 90% penetration target now in jeopardy, and elevated risk for Royal Beach Club Cozumel, being in the same region. We maintain Hold as the 9% sell-off reflects the immediate bad news and current demand remains strong otherwise. However, we lower our price target by $28 to $262 (12x 2026E EBITDA, down from 13x) to account for increased execution risk.
Royal Caribbean Group (RCL) has an average rating of overweight and mean price target of $346.57, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $269.19, Change: $+5.43, Percent Change: +2.06%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month target by $97 to $290, based on a 13x 2026 EV/EBITDA multiple (from 16x), a discount to shares' 15x three-year average forward average multiple, reflecting risks to earnings growth stemming from elevated fuel costs. We lower our 2026 EPS estimate to $17.42 from $18.18 and 2027's to $19.92 from $20.40. Following Q1 results, we are downgrading our opinion to Hold from Buy. Our revised opinion reflects our view on elevated fuel costs, which are expected to increase 2026 fuel expenses by $200M compared to RCL's prior guidance in February. Furthermore, geopolitical disruptions moderated booking demand for high-yield Mediterranean and West Coast Mexico itineraries, suggesting potential for net yield growth to disappoint in Q2 and Q3. Although shares are already trading below their three-year averages, we think the setup is for earnings upside has become less favorable. This is balanced by still strong demand trends and ongoing net yield growth in Q1, suggesting demand remains resilient.
Royal Caribbean Group (RCL) has an average rating of overweight and mean price target of $345.35, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $266.70, Change: $+12.69, Percent Change: +5.00%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:RCL reported Q1 adjusted EPS of $3.60, up 33% Y/Y and significantly beating the $3.20 consensus estimate. Total revenue of $4.45B, up 11%, was in line with consensus, while onboard revenue surged 14% and net yields grew 2% excluding currency effects. In our view, the strong onboard spending result signals consumer willingness to spend and reflects RCL's effective push to capture destination spending through private island destinations and targeted marketing. Management lowered 2026 adjusted EPS guidance this quarter to $17.10-$17.50, from $17.70-$18.10, citing higher fuel costs and geopolitical impacts. We believe the 300bps expansion in adjusted EBITDA margins to 38% showcases the operational leverage inherent in the business model, with net cruise costs excluding fuel rising only 0.6% in constant currency. The company's strong balance sheet with $6.9B liquidity and $1.1B returned to shareholders this quarter demonstrates its continued ability to invest in growth while rewarding shareholders.
Consumer stocks were mixed premarket Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 1% higher.Unilever (UL) stock was up more than 1% after the company reported a 3.8% underlying sales growth, along with a 3.3% decline in turnover, in Q1.Royal Caribbean Group (RCL) shares were up more than 6% after the company reported higher Q1 adjusted earnings and revenue.Smurfit Westrock (SW) stock was down more than 6% after the company posted a decline in Q1 adjusted earnings.
US equity markets were mostly pointing higher before the opening bell Thursday as investors digest the latest financial results from some of the biggest technology companies and await a key inflation report.The S&P 500 rose 0.1% and the Nasdaq added 0.2% in premarket activity, while the Dow Jones Industrial Average declined 0.2%. The indexes finished the previous trading session mixed.Shares of Meta Platforms (META) fell 8.8% pre-bell after the Facebook parent lifted its full-year capital expenditure guidance mainly due to higher component pricing, even though it reported stronger-than-expected first-quarter results. Microsoft (MSFT) decreased 1.8% as the tech giant said its capital expenditures will be about $190 billion in 2026, while its fiscal third-quarter results topped market estimates."It's crystal clear to us that the (artificial intelligence) revolution is accelerating at a warp speed pace with 2026 being an inflection point year for AI with hyperscalers now investing over $700 billion in (capital expenditures) in (2026) to capitalize on the opportunities in the space," Wedbush Securities said in a Thursday client note.Alphabet's (GOOG, GOOGL) class A and C shares climbed more than 6% each amid upbeat first-quarter results. Amazon (AMZN) inclined 2.5% as the e-commerce giant issued a strong second-quarter revenue outlook.iPhone maker Apple (AAPL) is scheduled to release its quarterly earnings after the markets close. Eli Lilly (LLY), Mastercard (MA), Caterpillar (CAT), Merck (MRK), Royal Caribbean Cruises (RCL) and Hershey (HSY) are slated to announce their results before the bell, among others.The personal income and outlays report for March is due to be released at 8:30 am ET. The report includes the personal consumption expenditure core price index, the Federal Reserve's preferred inflation metric.The central bank's Federal Open Market Committee left its benchmark interest rate unchanged on Wednesday as policymakers saw the Middle East conflict fueling uncertainty around the US economic outlook. In a post-meeting press conference, Jerome Powell said he will stay on as a Fed governor for an indefinite period after his term as Fed chief expires on May 15.The US Senate Banking Committee on Wednesday voted to advance Kevin Warsh's nomination as Fed chair to the Republican-controlled Senate.Treasury yields were down in premarket action, with the two-year rate retreating 3.2 basis points to 3.9% and the 10-year rate off 1.8 basis points to 4.4%.President Donald Trump is expected to receive a briefing on fresh potential military options against Iran on Thursday, Axios reported, citing two sources with knowledge. Trump recently told the news outlet that he will maintain the US naval blockade of Iranian ports until Tehran agrees to a nuclear deal.West Texas Intermediate crude oil slipped 0.2% to $106.62 a barrel before the open, while Brent decreased 1.6% to $116.20.Thursday's economic calendar also has the initial estimate report for the first-quarter gross domestic product at 8:30 am, along with the weekly jobless claims bulletin. The Chicago purchasing managers' index for April posts at 9:45 am.Gold rose 1.8% to $4,642 per troy ounce, while bitcoin moved 0.7% higher to $75,974.
Royal Caribbean Group (RCL) has an average rating of overweight and mean price target of $350.61, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $259.80, Change: $-0.72, Percent Change: -0.28%
Royal Caribbean Group (RCL) has an average rating of overweight and mean price target of $204.64, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $269.34, Change: $-2.13, Percent Change: -0.78%
The Nasdaq Composite and the S&P 500 notched new peaks on Friday after Iran announced a temporary reopening of the Strait of Hormuz, sending oil prices tumbling.The Nasdaq rose 1.5% to 24,468.5, while the S&P 500 added 1.2% to 7,126.1, notching record-high closing levels for the third straight day. The Nasdaq extended its advance to a 13th consecutive session, its longest winning streak since 1992, according to CNBC.The Dow Jones Industrial Average jumped 1.8% to 49,447.9.Barring energy and utilities, all sectors were in the green, led by consumer discretionary's 2% jump.The Nasdaq and the S&P 500 saw their biggest weekly gains since May last year, rising 6.8% and 4.5%, respectively, this week. The Dow advanced 3.2% this week, the most since June.West Texas Intermediate crude oil sank 11% to $84.68 a barrel in Friday late-afternoon trade, while Brent lost 8.7% to $90.71."In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire," Iranian Foreign Minister Seyed Abbas Araghchi said Friday in a post on the X platform.Vessels must move through a "coordinated route" announced by Iran's Ports and Maritime Organization, Araghchi said.On Thursday, US President Donald Trump said Lebanon and Israel agreed to a 10-day ceasefire that seeks to pause hostilities between Israel and Iran-backed Hezbollah in Lebanon. That was a key sticking point in peace negotiations between the US and Iran."Araghchi's statement represents a significant and unexpected diplomatic opening," Artem Abramov, deputy head of analysis at Rystad Energy, said in a note e-mailed to. "The Strait of Hormuz has been the single most consequential variable in global oil markets since the conflict escalated, and any credible signal that the chokepoint may reopen, even temporarily, is a market-moving development of the first order."Trump welcomed the reopening of the strait, though he said the US naval blockade of Iran's ports will continue until "our transaction with Iran is 100% complete.""The news that Iran will allow traffic to resume through the Strait of Hormuz could be an important turning point and the catalyst for upgrades to our economic forecasts, but not immediately," Oxford Economics said in a note. "The development increases the risk that a more lasting deal could be brokered, reducing the likelihood of extreme downside scenarios crystalizing."Shares of cruise line operators and airlines jumped, with Royal Caribbean Cruises (RCL) up 7.3%, the best performer on the S&P 500, followed United Airlines (UAL) and Carnival (CCL). Southwest Airlines (LUV) rose 5.1%.US Treasury yields were lower, with the 10-year rate down seven basis points at 4.25% and the two-year rate dropping 7.4 basis point to 3.71%.In company news, Netflix (NFLX) shares tumbled 9.7%, the third-worst performer on the S&P 500.The streaming giant late Thursday posted first-quarter revenue above Wall Street's estimates. However, the company disappointed investors by maintaining its margin outlook even though its cost base apparently would have benefited from its decision to walk away from a deal to acquire Warner Bros. Discovery (WBD), MoffettNathanson said in a note Friday.Gold was last up 1.3% at $4,871.10 per troy ounce, while silver gained 3.4% to $81.40 per ounce.
US equity indexes jumped, with the S&P 500 and the Nasdaq Composite making all-time highs, and crude oil futures sank on Friday amid mounting expectations of an Iran peace deal over the weekend.The Nasdaq Composite advanced 1.5% to 24,468.48, with the S&P 500 up 1.2% to 7,126.06, and the Dow Jones Industrial Average higher by 1.8% to 49,447.43.West Texas Intermediate crude oil futures plunged 11% to $84.68, and Brent crude futures plummeted 8.8% to $90.69.Bloomberg reported that President Donald Trump said Iran agreed to suspend its nuclear program indefinitely and will not receive any frozen funds from the US. Axios reported Friday that the US could release $20 billion in frozen Iranian funds in exchange for Iran turning over its stockpile of enriched uranium.Trump said in a phone interview on Friday that a deal to end the war is mostly complete, according to the Bloomberg news report. Talks over a lasting agreement will "probably" be held this weekend, the president was cited as saying. The US-Iran ceasefire ends next week, implying an extension to the truce may not be required.Earlier in the day, Iran announced the reopening of the Strait of Hormuz for the remainder of the ceasefire period."In line with the ceasefire in Lebanon, the passage for all commercial vessels through the Strait of Hormuz is declared completely open for the remaining period of ceasefire, on the coordinated route as already announced by Ports and Maritime Organisation of the Islamic Rep. of Iran," Iran's foreign minister, Seyed Abbas Araghchi, said in a post on X. The 10-day truce between Israel and Lebanon came into force on Thursday.Trump also said Friday the US naval blockade will continue until a deal with Iran is "100% complete," CNN reported."The single war variable that has mattered for markets is whether oil continues to flow through the Strait of Hormuz," according to a Stifel Securities research note. "This is why today's announcement that the Strait of Hormuz is 'open to shipping' for the remainder of the ceasefire is significant."Most US Treasury yields dropped, with the 10-year down 6.5 basis points to 4.25% and the two-year slumped 7.8 basis points to 3.7% as falling crude oil prices damped inflation concerns. In precious metals, gold futures advanced 1.3% to $4,868.1 and silver futures jumped 3.2% to $81.24.All sectors except energy and utilities soared intraday. Consumer discretionary, industrials, and technology led the gainers.Airlines and cruise liners were the S&P 500's leaders. Royal Caribbean (RCL), United Airlines (UAL), and Carnival (CCL) led the outperformers, with gains of at least 7% each. Chevron (CVX), down 2.2%, was the Dow's worst performer.In company news, shares of Netflix (NFLX) slid 9.7%, among the worst performers on the S&P 500 and the Nasdaq, after the company released Q2 guidance late Thursday below market consensus. The streaming company also said that its chairman and co-founder, Reed Hastings, plans to step down when his term ends in June.
US benchmark equity indexes advanced intraday, while oil prices slumped after Iran declared the Strait of Hormuz "completely open" following a ceasefire deal between Lebanon and Israel.The Dow Jones Industrial Average was up 1.9% at 49,507.9 after midday Friday. The Nasdaq Composite jumped 1.4% to 24,447.8, while the S&P 500 rose 1.2% to 7,126.6. The two indexes notched their second consecutive record-high closes in the previous session.Barring energy and utilities, all sectors were in the green intraday Friday, led by consumer discretionary's 2.7% jump.West Texas Intermediate crude oil sank 11% to $84.20 a barrel, while Brent lost 9% to $90.44."In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire," Iranian Foreign Minister Seyed Abbas Araghchi said Friday in a post on the X platform.Vessels must move through a "coordinated route" announced by Iran's Ports and Maritime Organization, Araghchi said.On Thursday, US President Donald Trump said Lebanon and Israel agreed to a 10-day ceasefire that seeks to pause hostilities between Israel and Iran-backed Hezbollah in Lebanon. That was a key sticking point in peace negotiations between the US and Iran.Trump welcomed the reopening of the strait, though he said on Truth Social that the US naval blockade of Iran's ports will continue until "our transaction with Iran is 100% complete.""The news that Iran will allow traffic to resume through the Strait of Hormuz could be an important turning point and the catalyst for upgrades to our economic forecasts, but not immediately," Oxford Economics said in a note. "The development increases the risk that a more lasting deal could be brokered, reducing the likelihood of extreme downside scenarios crystalizing."A quarter-long closure of the strait will likely push US inflation higher by 0.6 percentage point this year, researchers at the Federal Reserve Bank of Dallas said in an article Friday.Shares of cruise line operators and airlines surged intraday, with Royal Caribbean Cruises (RCL) up 8.2%, the best performer on the S&P 500, followed by Carnival's (CCL) 7.8% gain. United Airlines (UAL) jumped 7.6%, while Southwest Airlines (LUV) climbed 6.5%, among the top gainers on the index.US Treasury yields were lower intraday, with the 10-year rate down 6.3 basis points at 4.25% and the two-year rate dropping 7.8 basis point to 3.69%.In company news, Netflix (NFLX) shares were down 10% intraday, the second-worst performer on the S&P 500.The streaming giant late Thursday posted first-quarter revenue above Wall Street's estimates. However, the company disappointed investors by maintaining its margin outlook even though its cost base apparently would have benefited from its decision to walk away from a deal to acquire Warner Bros. Discovery (WBD), MoffettNathanson said in a note Friday.Gold was up 1.5% at $4,881.40 per troy ounce, while silver gained 3.8% to $81.71 per ounce.
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