Royal Caribbean price target raised to $310 from $275 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Royal Caribbean (RCL) to $310 from $275 and keeps a Buy rating on the shares. Cruise sentiment has been mixed, with December strength giving way to renewed competitive concerns from Wave Season promotions, shifting focus to the pace and drivers of net yield acceleration from Q2 into the second half, the analyst tells investors in a research note. For Royal Caribbean, initial 2026 guidance is expected to call for 1.5%-3.5% net yield growth and EPS of at least $17.50, with attention centered on a second half ramp driven by new ships, private destinations, and easier comps, alongside potential upside from strong cost control, the firm says.