12 Best Cruise Stocks to Buy According to Hedge Funds

3. Royal Caribbean Cruises Ltd. (NYSE:RCL)

Number of Hedge Fund Holders: 58

Royal Caribbean Cruises Ltd. (NYSE:RCL) is a cruise company that owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. The company also holds an interest in TUI Cruises GmbH, which operates the German brands TUI Cruises and Hapag-Lloyd Cruises. Royal Caribbean Cruises Ltd. (NYSE:RCL) offers a range of global itineraries across around 1,000 destinations on all seven continents.

The company reported $3.76 billion in revenue in fiscal Q4 2024, reflecting a 13% growth over the same period in 2023. It also nearly doubled its headline net income, standing at $533 million. On a non-GAAP per-share basis, Royal Caribbean Cruises Ltd. (NYSE:RCL) reported a 30% higher bottom-line profit at $1.63.

The company recently announced the launch of Celebrity River Cruises, a premium river cruise vacation brand with 10 ships in its initial fleet. The brand is expected to begin sailing in 2027, lending it a positive light. On March 17, JPMorgan added Royal Caribbean Cruises Ltd. (NYSE:RCL) to the firm’s Analyst Focus List while keeping an Overweight rating on the shares with a $298 price target. The analyst told investors in a research note that the firm’s “bottom-up build” points to a potential fiscal 2027 EPS power of $25, which surpasses management’s $20.39 “Perfecta Plan target.”