11:53 ET--Royal Caribbean Group is likely to issue fair, relatively conservative guidance for 2026, which may disappoint investors looking for a more aggressive outlook, Stifel analysts write in a note. "We warn investors not to expect the significant outperformance relative to initial guidance that's been witnessed post-Covid," the analysts write. They expect the company to project net yields in 2026 growing between 1.5% and 3.5%. "While this may underwhelm some investors and seem conservative to others, we ultimately believe there could be upside to this range as we move through the year, assuming consumer spending patterns remain unchanged," they write. Pressure on the shares after the company reports its fourth-quarter earnings "would present an incredible buying opportunity for the remainder of 2026, in our opinion," they add. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

January 20, 2026 11:53 ET (16:53 GMT)

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