Royal Caribbean Cruises .(US:RCL) Benzinga·2026-02-06 19:41Core Insights - Royal Caribbean reported fourth-quarter results that met Wall Street expectations, indicating stronger growth ahead [1] - The company lifted its 2026 earnings outlook, reflecting strong demand for cruising [2][3] Financial Performance - Adjusted earnings were $2.80 per share, aligning with consensus estimates [2] - Revenue growth was supported by a net yield increase of approximately 2.5% on a constant-currency basis, with reported net yields rising just over 3% [2] - Occupancy rates reached about 108%, suggesting ships are operating at near full capacity [2] Future Outlook - Management projects adjusted earnings for 2026 to be between $17.70 and $18.10 per share, slightly above current market expectations [3] - The company anticipates net yield growth to exceed cost inflation, which will facilitate further margin expansion [3] Analyst Ratings - JPMorgan analyst Matthew Boss maintained an Overweight rating and raised the price target from $357 to $368, reflecting confidence in ongoing booking strength and capacity additions [4] Technical Analysis - Royal Caribbean shares are trading 14.3% above the 20-day simple moving average (SMA) and 20.1% above the 50-day SMA, indicating strong short-term momentum [5] - Over the past year, shares have increased by 27.32%, nearing their 52-week highs [5] Momentum Indicators - The Relative Strength Index (RSI) is at 61.27, indicating neutral territory, while the MACD is above its signal line, suggesting bullish momentum [6] - The combination of a neutral RSI and bullish MACD indicates mixed momentum with potential for further upside [6] Price Action - Royal Caribbean shares were up 5.52% at $344.16 at the time of publication [7] - Key resistance level is identified at $351.50, with key support at $276.50 [7]