Norwegian Cruise Line (NYSE:NCLH – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.500-1.500 for the period, compared to the consensus estimate of 1.630. The company issued revenue guidance of -. Norwegian Cruise Line also updated its Q3 2026 guidance to 0.900-0.900 EPS.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on NCLH shares. Morgan Stanley lifted their price target on shares of Norwegian Cruise Line from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 9th. Wells Fargo & Company upped their target price on shares of Norwegian Cruise Line from $19.00 to $25.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. Stifel Nicolaus reduced their price objective on shares of Norwegian Cruise Line from $27.00 to $26.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Mizuho decreased their target price on Norwegian Cruise Line from $27.00 to $24.00 and set an “outperform” rating on the stock in a research report on Tuesday, May 5th. Finally, Zacks Research upgraded shares of Norwegian Cruise Line from a “strong sell” rating to a “hold” rating in a research report on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $21.60.
Get Our Latest Report on Norwegian Cruise Line
Norwegian Cruise Line Price Performance
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.08. The company had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.36 billion. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The firm’s revenue was up 9.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.07 earnings per share. Norwegian Cruise Line has set its Q2 2026 guidance at 0.380-0.380 EPS and its FY 2026 guidance at 1.450-1.790 EPS. As a group, research analysts predict that Norwegian Cruise Line will post 1.51 earnings per share for the current year.
Insider Buying and Selling at Norwegian Cruise Line
In related news, Director Jonathan Z. Cohen acquired 30,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average price of $15.83 per share, for a total transaction of $474,900.00. Following the completion of the transaction, the director owned 38,912 shares in the company, valued at $615,976.96. This represents a 336.62% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO John Chidsey acquired 153,000 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was purchased at an average cost of $16.37 per share, for a total transaction of $2,504,610.00. Following the completion of the transaction, the chief executive officer owned 1,139,940 shares in the company, valued at approximately $18,660,817.80. The trade was a 15.50% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 1,592,467 shares of company stock valued at $28,493,204 in the last ninety days. Company insiders own 0.25% of the company’s stock.
Key Norwegian Cruise Line News
Here are the key news stories impacting Norwegian Cruise Line this week:
- Positive Sentiment: Second-quarter revenue increased 4.9% year over year to approximately $2.64 billion, while GAAP net income reached $223 million and EPS was about $0.48. Adjusted EPS exceeded analyst expectations, supported by higher onboard spending, increased capacity and cost-control measures. Norwegian Cruise Line Holdings Reports Second Quarter 2026 Financial Results
- Positive Sentiment: NCLH identified another $100 million in cost savings, with additional efficiencies potentially available. These savings could help offset softer demand, inflation and fuel expenses. NCLH Finds Another $100 Million in Cost Savings
- Neutral Sentiment: The company is adopting a more competitive pricing strategy to stimulate bookings and improve commercial execution. While this may support occupancy, it could also pressure ticket yields and profitability. Norwegian Pivots to Adopt More Competitive Pricing Strategy
- Neutral Sentiment: NCLH sold Oceania’s Sirena, a fleet-optimization move that could generate liquidity and reduce operating costs, although the transaction also removes some capacity. NCLH Sells Oceania Sirena
- Negative Sentiment: Management reduced its full-year 2026 adjusted EPS outlook to about $1.50, below the roughly $1.63 consensus estimate, and expects weaker net yields. Third-quarter guidance was broadly in line with expectations, but did not offset the full-year reduction.
- Negative Sentiment: Executives described the turnaround as being in its early stages and said the company is underbooked for the next 12 months. Softer demand, macroeconomic pressure, operational issues, higher fuel costs and weaker pricing are limiting earnings visibility. Norwegian Cruise Line Turnaround Update
Institutional Trading of Norwegian Cruise Line
A number of hedge funds have recently made changes to their positions in NCLH. Integrated Wealth Concepts LLC lifted its stake in shares of Norwegian Cruise Line by 26.7% in the 1st quarter. Integrated Wealth Concepts LLC now owns 23,133 shares of the company’s stock worth $439,000 after acquiring an additional 4,872 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Norwegian Cruise Line by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,346 shares of the company’s stock valued at $917,000 after buying an additional 2,002 shares during the period. Woodline Partners LP grew its stake in Norwegian Cruise Line by 40.7% during the first quarter. Woodline Partners LP now owns 37,149 shares of the company’s stock worth $704,000 after buying an additional 10,743 shares during the last quarter. Jump Financial LLC raised its position in Norwegian Cruise Line by 133.0% in the 2nd quarter. Jump Financial LLC now owns 38,904 shares of the company’s stock worth $789,000 after purchasing an additional 22,204 shares during the last quarter. Finally, California Public Employees Retirement System lifted its stake in shares of Norwegian Cruise Line by 5.1% in the 2nd quarter. California Public Employees Retirement System now owns 766,825 shares of the company’s stock valued at $15,551,000 after purchasing an additional 37,071 shares during the period. Institutional investors and hedge funds own 69.58% of the company’s stock.
Norwegian Cruise Line Company Profile
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.
Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.
Featured Stories
- Five stocks we like better than Norwegian Cruise Line
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for Norwegian Cruise Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line and related companies with MarketBeat.com's FREE daily email newsletter.
