Why Royal Caribbean Stock Cruised to a Nearly 15% Gain This Week

Core Insights - Royal Caribbean Group's stock has seen a significant increase, rising nearly 15% in value over a recent week, driven by strong earnings and analyst upgrades [1][2] Financial Performance - The company reported $3.76 billion in revenue for the fourth quarter, marking a 13% increase compared to the same period in 2023 [3] - Net income nearly doubled to $553 million, with adjusted earnings per share rising 30% to $1.63, surpassing analyst expectations [3] Business Expansion - Royal Caribbean announced the launch of Celebrity River Cruises, entering a new niche segment of the cruise industry, with plans to begin operations in 2027 using an initial fleet of 10 ships [4] Analyst Sentiment - Following the positive earnings report, several analysts raised their price targets for Royal Caribbean, including Barclays, which increased its target from $287 to $308 per share while maintaining an overweight recommendation [5]