Royal Caribbean stock faces headwinds as Truist reiterates Hold rating

Published 30/07/2025, 16:20
Royal Caribbean stock faces headwinds as Truist reiterates Hold rating

Investing.com - Royal Caribbean Cruises (NYSE:RCL) received a reiterated Hold rating from Truist Securities, which maintained its $337.00 price target despite mixed quarterly results. According to InvestingPro data, the stock has delivered an impressive 115.4% return over the past year, though current analysis suggests the stock may be trading above its Fair Value.

The cruise operator reported second-quarter earnings that exceeded consensus expectations, primarily due to better-than-expected costs and upside from its TUI (LON:TUIT) brand, though revenues came in slightly below forecasts. The Q2 earnings per share beat the mid-point of guidance by $0.33 and consensus by $0.29. InvestingPro analysis reveals that 8 analysts have recently revised their earnings estimates upward for the upcoming period, with the company maintaining strong revenue growth of 13.66% over the last twelve months.

Truist Securities noted that investors will likely focus on Royal Caribbean’s third-quarter EPS guidance of $5.60 (at midpoint), which falls below the consensus estimate of $5.83. Additionally, the company’s Q3 Net Yield guidance of 2.3-2.8% is below Street expectations of 3.5%.

The implied second-half 2025 EPS of $8.39 also trails consensus estimates of $8.65, though full-year EPS will benefit from an additional $0.07 per share from lower than previously expected depreciation and net interest expenses.

Truist Securities suggested the stock may struggle despite Royal Caribbean’s track record of quarterly beats, particularly considering its significant outperformance year-to-date and over the past two years. InvestingPro data shows the company has achieved a 45.86% return year-to-date, with an overall Financial Health score rated as "GREAT". Subscribers can access 12 additional ProTips and a comprehensive analysis through the Pro Research Report, available for over 1,400 US stocks.

In other recent news, Royal Caribbean Cruises announced its Q2 2025 earnings, revealing an adjusted earnings per share (EPS) of $4.38, which exceeded analysts’ forecasts of $4.08 by 7.35%. However, the company’s revenue slightly missed expectations, coming in at $4.54 billion compared to the anticipated $4.55 billion, a minor shortfall of 0.22%. Mizuho (NYSE:MFG) has also adjusted its price target for Royal Caribbean Cruises, raising it to $372 from $368 while maintaining an Outperform rating. The firm highlighted that the company’s performance is typically strong, but with the stock at all-time highs, the market is scrutinizing potential weaknesses. These developments reflect a mixed outlook, with strong earnings overshadowed by slight revenue misses and cautious market sentiment.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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