Royal Caribbean shares extend decline as analysts project revenue growth
The cruise company’s stock fell about 2% on September 9, 2026, while Citi retained its Buy rating and $362 target.
Royal Caribbean Group shares traded near $260.46 on the New York Stock Exchange on September 9, 2026, down roughly 2% for the session, according to a same-day cruise-sector report. The stock, listed under the ticker RCL, was continuing a decline from the previous month’s highs.
A market data note issued that day indicated the shares were on course for an 11-session losing streak, which the summary described as potentially one of the stock’s longest continuous declines.
Despite the slide, Citi maintained its Buy rating on Royal Caribbean and kept its price target at $362, according to a same-day analyst report.
Separately, analyst estimates compiled on September 9 projected Royal Caribbean revenue of $19.56 billion in 2026 and $20.98 billion in 2027. Those forecasts represented estimated annual sales growth of 9.08% and 7.25%, respectively.
The same compilation placed the company’s expected EBITDA margin at approximately 13.81% for 2026 and 14.01% for 2027. Analysts also anticipated a margin of about 30.65% for the fourth quarter of 2026.
