Norwegian Cruise Line (NYSE:NCLH) Given New $22.00 Price Target at Citigroup

Posted by Stanley Muller on Aug 1st, 2026

Norwegian Cruise Line (NYSE:NCLH – Free Report) had its price target reduced by Citigroup from $25.00 to $22.00 in a research report report published on Friday,Benzinga reports. They currently have a buy rating on the stock.

Other equities analysts have also recently issued research reports about the stock. Jefferies Financial Group raised their price target on shares of Norwegian Cruise Line from $16.00 to $18.00 and gave the company a “hold” rating in a research report on Friday, July 17th. Weiss Ratings upgraded Norwegian Cruise Line from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Mizuho reduced their price objective on Norwegian Cruise Line from $24.00 to $22.00 and set an “outperform” rating on the stock in a research note on Friday. UBS Group decreased their target price on Norwegian Cruise Line from $22.00 to $17.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Finally, Morgan Stanley boosted their target price on Norwegian Cruise Line from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $21.05.

Get Our Latest Stock Report on Norwegian Cruise Line

Norwegian Cruise Line Stock Down 0.9%

Shares of NCLH opened at $18.55 on Friday. The stock has a market capitalization of $8.51 billion, a PE ratio of 11.59, a P/E/G ratio of 1.11 and a beta of 1.87. Norwegian Cruise Line has a 1 year low of $14.53 and a 1 year high of $27.18. The company has a debt-to-equity ratio of 5.40, a quick ratio of 0.18 and a current ratio of 0.20. The company’s 50-day simple moving average is $19.45 and its 200-day simple moving average is $20.00.

Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.07. Norwegian Cruise Line had a net margin of 7.49% and a return on equity of 41.38%. The firm had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.65 billion. During the same quarter in the previous year, the business posted $0.51 earnings per share. The business’s quarterly revenue was up 4.9% compared to the same quarter last year. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS. Analysts forecast that Norwegian Cruise Line will post 1.51 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO John Chidsey acquired 153,000 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were bought at an average cost of $16.37 per share, with a total value of $2,504,610.00. Following the transaction, the chief executive officer owned 1,139,940 shares in the company, valued at approximately $18,660,817.80. This trade represents a 15.50% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Zillah Byng-Thorne acquired 25,015 shares of Norwegian Cruise Line stock in a transaction dated Thursday, May 7th. The stock was purchased at an average price of $17.67 per share, for a total transaction of $442,015.05. Following the completion of the acquisition, the director directly owned 99,811 shares in the company, valued at approximately $1,763,660.37. This represents a 33.44% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have purchased 1,592,467 shares of company stock worth $28,493,204. Insiders own 0.25% of the company’s stock.

Hedge Funds Weigh In On Norwegian Cruise Line

Several large investors have recently bought and sold shares of the business. Handelsbanken Fonder AB lifted its holdings in Norwegian Cruise Line by 19.2% during the 2nd quarter. Handelsbanken Fonder AB now owns 149,000 shares of the company’s stock worth $3,145,000 after buying an additional 24,000 shares during the last quarter. Czech National Bank boosted its position in shares of Norwegian Cruise Line by 5.4% during the 2nd quarter. Czech National Bank now owns 130,680 shares of the company’s stock worth $2,759,000 after acquiring an additional 6,693 shares in the last quarter. M.E. Allison & CO. Inc. increased its holdings in shares of Norwegian Cruise Line by 28.2% in the 2nd quarter. M.E. Allison & CO. Inc. now owns 140,510 shares of the company’s stock valued at $2,966,000 after acquiring an additional 30,900 shares during the last quarter. Harbor Investment Advisory LLC purchased a new position in shares of Norwegian Cruise Line in the 2nd quarter valued at about $68,000. Finally, CoreCap Advisors LLC raised its position in shares of Norwegian Cruise Line by 41.0% during the 2nd quarter. CoreCap Advisors LLC now owns 9,664 shares of the company’s stock worth $204,000 after acquiring an additional 2,808 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

More Norwegian Cruise Line News

Here are the key news stories impacting Norwegian Cruise Line this week:

Positive Sentiment: Second-quarter earnings exceeded expectations. NCLH reported adjusted EPS of $0.48 versus the $0.41 consensus, while revenue increased 4.9% year over year to $2.64 billion, in line with estimates. Strong onboard spending and additional cruise capacity also supported the quarter. Norwegian Cruise Line Holdings Reports Second Quarter 2026 Financial Results
Positive Sentiment: Cost-reduction efforts could improve profitability. The company identified another $100 million in cost savings, with additional reductions expected. Management is also overhauling pricing and marketing to rebuild demand and improve commercial execution. NCLH Finds Another $100 Million in Cost Savings; More Expected
Positive Sentiment: Analysts still see upside. Citigroup and Wells Fargo each lowered their price targets to $22 while maintaining Buy or Overweight ratings. Stifel cut its target to $25 but retained a Buy rating, indicating that analysts view the recent weakness as excessive despite near-term risks. Analyst Price Target Updates
Neutral Sentiment: Asset and fleet adjustments provide limited support. NCLH sold Oceania Cruises’ Sirena, which may help streamline the fleet and generate cash, although the immediate financial impact was not disclosed. NCLH Sells Oceania Sirena
Negative Sentiment: Lower full-year guidance overshadowed the earnings beat. NCLH now expects 2026 EPS of $1.50, below the $1.63 analyst consensus. Management cited weaker demand, lower expected yields, operational challenges and higher fuel costs. Third-quarter EPS guidance of $0.90 is only slightly above consensus, offering limited near-term upside. Norwegian Cruise Q2 Earnings and Revenues Surpass Estimates
Negative Sentiment: The recovery timeline has lengthened. Management described the turnaround as being in its early stages, with bookings for the next 12 months running below expectations and a broader demand recovery potentially delayed until late 2027. This reinforces concerns that pricing pressure and weaker travel demand may persist. NCLH Demand Recovery May Not Arrive Until Late 2027

About Norwegian Cruise Line

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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.