Royal Caribbean Cruises Ltd. (RCL) earnings on April 30, 2026
More Royal Caribbean Cruises Ltd. earnings
Prior outlook: Pessimistic Outcome: Missed
The stock jumped as much as 10.7% during the day but settled at a 3.8% gain, giving back about two-thirds of its intraday rise.
RCL price around the earnings
263.67
Change: +3.8%
2026-04-30, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Missed
Analysts cautious — risk outweighs reward.
Experts are concerned about the stock's recent sharp decline, especially heading into earnings, as negative sentiment appears to be growing. While some analysts remain positive, the stock's price action and broader market trends suggest caution is warranted.
Context analyzed before publication
- Summary
- Analysts cautious — risk outweighs reward.
- Reasoning
- Experts are concerned about the stock's recent sharp decline, especially heading into earnings, as negative sentiment appears to be growing. While some analysts remain positive, the stock's price action and broader market trends suggest the scenario is pessimistic.
- Playbook
- Given the negative sentiment and recent price declines, the scenario is pessimistic. A more optimistic scenario would be indicated by clearer positive contexts.
- Trend
- Outlook deteriorating over past three sessions.
Analysts
Drivers
-
Analysts
Positive
Despite the weak price action, analysts generally recommend buying the stock and cite a significant optimistic scenario. This positive analyst view is the only factor currently counteracting the negative technicals.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.69
- Analysts covering the stock
- 24
- Average price target
- 348.46
- Lowest price target
- 250
- Highest price target
- 425
- Upside to price target
- 28.4%
- Quarterly earnings growth
- 36.6%
- Revenue growth
- 13.3%
- Forward EPS
- 20.07
- Trailing EPS
- 15.61
- Analyst moves in the last 60 days
- 8
- Strong buy: 4
- Buy: 15
- Hold: 7
- Sell: 0
- Strong sell: 0
- Strong buy
- 4
- Buy
- 15
- Hold
- 7
- Sell
- 0
- Strong sell
- 0
- April 15, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- April 14, 2026 · UBS: Maintains rating (Buy → Buy)
- April 13, 2026 · UBS: Maintains rating (Buy → Buy)
- April 10, 2026 · Barclays: Maintains rating (Overweight → Overweight)
- April 9, 2026 · Morgan Stanley: Maintains rating (Equal-Weight → Equal-Weight)
- April 8, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
- March 24, 2026 · Truist Securities: Maintains rating (Hold → Hold)
- March 16, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
News and sentiment
Drivers
-
News & sentiment
Negative
Online sentiment is overly optimistic despite the stock's poor performance, indicating a potential disconnect. This enthusiastic outlook does not seem to be supported by the actual market review activity.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (4)
- Autoliv Posts Upbeat Q1 Results, Joins United Airlines, Royal Caribbean Cruises And Other Big Stocks Moving Higher On Friday — Benzinga
- Wells Fargo Maintains Overweight on Royal Caribbean Group, Lowers Price Target to $349 — Benzinga
- UBS Maintains Buy on Royal Caribbean Group, Lowers Price Target to $321 — Benzinga
- UBS Maintains Buy on Royal Caribbean Group, Lowers Price Target to $350 — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock has shown weak performance over the last 14 and 30 days, and has underperformed the broader market recently. This suggests ongoing weakness leading up to the earnings report.
Evidence
- Average true range (ATR)
- 5.3%
- Distance to 52-week high
- -25.9%
- 14-day change (14d)
- -3.8%
- 30-day change
- -4.8%
- 30-day relative strength
- -8.5%
- Benchmark change
- +3.8%
- Nearest support
- 260.93
- Nearest resistance
- 304.25
- Volume accumulation ratio
- 0.97
Trends
Drivers
-
Macro & trends
Negative
Rising oil prices due to geopolitical tensions create a challenging environment for travel companies. The current market news is driven by broader economic factors, not specific company events.
Evidence
- Average earnings surprise
- +3.9%
- January 29, 2026: actual EPS 2.8 vs estimate 2.8 (surprise +0.1%)
- October 28, 2025: actual EPS 5.75 vs estimate 5.68 (surprise +1.2%)
- July 29, 2025: actual EPS 4.38 vs estimate 4.08 (surprise +7.3%)
- April 29, 2025: actual EPS 2.71 vs estimate 2.53 (surprise +7.0%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 5.4%
- 75th percentile move
- 8.2%
- 90th percentile move
- 9.3%
- Up / down moves
- 11 / 7
- Average up move
- +6.8%
- Average down move
- -4.8%
Monitoring and close
What Royal Caribbean Cruises Ltd. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- +3.8%
- Max favorable move (MFE)
- 0%
- Max adverse move (MAE)
- 10.7%