Out of 12 analysts, 7 (58.33%) are recommending RCL as a Strong Buy, 3 (25%) are recommending RCL as a Buy, 2 (16.67%) are recommending RCL as a Hold, 0 (0%) are recommending RCL as a Sell, and 0 (0%) are recommending RCL as a Strong Sell.
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Stock Price ForecastThe 15 analysts offering 12-month price forecasts for Royal Caribbean Cruises Ltd have a median target of 125.00, with a high estimate of 139.00 and a low estimate of 95.00. The median estimate represents a +44.03% increase from the last price of 86.79.
Carnival Stock Price Forecast 2023-2024The forecasted Carnival price at the end of 2023 is $17.88 - and the year to year change +66%. The rise from today to year-end: +17%.
The 2023 cruise industry is booming.It has far surpassed 2019 levels, breaking sales records in a furious, post-pandemic comeback. Like most tourism sectors, cruising is reaping the benefits of “revenge travel”— vacationers making up for the time that was lost during the pandemic.