Is Royal Caribbean Cruises Stock Outperforming the Dow?

Core Insights - Royal Caribbean Cruises Ltd. (RCL) is valued at a market cap of $72.5 billion and operates 67 ships across its brands, including Royal Caribbean International, Celebrity Cruises, and Silversea Cruises [1] - The company has experienced a significant decline in share price, down 27.9% from its 52-week high of $366.50, and has underperformed the Dow Jones Industrials Average over the past three months [2] - Despite a year-to-date increase of 15.2% in stock price, RCL has been trading below its 50-day moving average since mid-September [3] Financial Performance - RCL reported Q3 2025 adjusted EPS of $5.75, which was better than expected, but revenue of $5.14 billion fell short of forecasts, leading to an 8.5% drop in shares [4] - Rising costs were noted, with NCC ex-fuel up 4.8% and Gross Cruise Costs per APCD up 2.7%, alongside challenges from adverse weather and the extended closure of Labadee [4] - The company provided a softer Q4 guidance of $2.74 to $2.79 in adjusted EPS [4] Market Comparison - In comparison, rival Airbnb, Inc. (ABNB) has underperformed relative to RCL, with ABNB stock down 8.6% year-to-date and 12.6% over the past 52 weeks [5] - Analysts maintain a cautiously optimistic outlook for RCL, with a consensus rating of "Moderate Buy" and a mean price target of $335.92, indicating a potential upside of 26.4% from current levels [5]