Rcl stock forecast in the latest RCL stock forecast
In the latest RCL stock forecast, institutional inflows surged after RBC raised its target to $160, citing record onboard spending per passenger. The broader travel sector’s resilience is encouraging momentum traders to maintain overweight positions despite macro volatility. Royal Caribbean Cruises (RCL) Stock Forecast & Price Target In July, Royal Caribbean reported second-quarter earnings of $4.38 per share, beating the analyst consensus of $4.05 by more than 8%. Results were also 36% higher than the $3.21 per share earned in the same quarter last year. Revenue increased 10% year-over-year to $4.54 billion, slightly ahead of Wall Street’s $4.54 billion estimate. Price action holds steady above its 50-day SMA.
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