+5.46% to $295.92 from $280.60
What moved RCL
- Royal Caribbean reported third-quarter 2026 adjusted earnings per share of $6.57, topping the LSEG consensus estimate of $6.38.
- The cruise operator raised its full-year 2026 earnings guidance following the results.
- Shares rose after the report.
Sources: CNBC
-0.05% to $242.59 from $242.70
What moved RCL
- Bank of America upgraded Royal Caribbean Group to Buy from Neutral, setting a $330 price target and citing an attractive entry point after a roughly 26% pullback since early August.
- Analyst Andrew Didora pointed to reaccelerating cruise spend, expected 4% net-yield growth in the fourth quarter, and upside from the company’s $3 billion Sandals joint investment.
- BofA said it expects Royal Caribbean’s net yield growth to return to its historical 2%-3% range in 2027.
- Didora described the pullback as “a high quality business has gone on sale.”
Sources: Benzinga · GuruFocus · CNBC