Norwegian Cruise Line (NYSE:NCLH) Stock Gets Price Target Bump from Wells Fargo & Company

Posted by George Bondi on Oct 30th, 2026

Norwegian Cruise Line (NYSE:NCLH – Get Free Report) had its price target boosted by Wells Fargo & Company from $18.00 to $22.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target points to a potential upside of 25.65% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. downgraded Norwegian Cruise Line from a “neutral” rating to an “underweight” rating and lowered their price objective for the stock from $13.00 to $11.00 in a research report on Friday, October 23rd. Truist Financial lowered their target price on shares of Norwegian Cruise Line from $20.00 to $16.00 and set a “hold” rating on the stock in a research note on Thursday, September 24th. Morgan Stanley lifted their target price on shares of Norwegian Cruise Line from $20.00 to $22.00 and gave the company an “equal weight” rating in a research report on Thursday, July 9th. Mizuho cut shares of Norwegian Cruise Line from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $22.00 to $17.00 in a research note on Tuesday, August 18th. Finally, Barclays lowered their price objective on shares of Norwegian Cruise Line from $19.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $20.10.

View Our Latest Stock Report on NCLH

Norwegian Cruise Line Price Performance

NCLH traded down $0.71 during trading on Friday, reaching $17.51. 8,930,156 shares of the company were exchanged, compared to its average volume of 20,167,900. The company’s 50-day moving average is $15.38 and its two-hundred day moving average is $18.78. The company has a market cap of $8.04 billion, a price-to-earnings ratio of 10.94, a P/E/G ratio of 0.93 and a beta of 1.95. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 5.40. Norwegian Cruise Line has a 12-month low of $13.63 and a 12-month high of $25.13.

Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last posted its earnings results on Thursday, October 29th. The company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.19. The business had revenue of $2.95 billion during the quarter, compared to analyst estimates of $2.88 billion. Norwegian Cruise Line had a return on equity of 41.38% and a net margin of 7.49%. The company’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.20 EPS. Research analysts forecast that Norwegian Cruise Line will post 1.36 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Elliott Investment Management L.P. bought a new position in shares of Norwegian Cruise Line during the first quarter valued at about $246,578,000. Dimensional Fund Advisors LP grew its stake in shares of Norwegian Cruise Line by 7.7% in the first quarter. Dimensional Fund Advisors LP now owns 7,262,590 shares of the company’s stock worth $135,776,000 after purchasing an additional 518,790 shares during the last quarter. Hound Partners LLC grew its stake in shares of Norwegian Cruise Line by 50.0% in the first quarter. Hound Partners LLC now owns 5,713,090 shares of the company’s stock worth $106,835,000 after purchasing an additional 1,905,203 shares during the last quarter. California Public Employees Retirement System grew its stake in shares of Norwegian Cruise Line by 358.8% in the first quarter. California Public Employees Retirement System now owns 3,675,830 shares of the company’s stock worth $68,738,000 after purchasing an additional 2,874,730 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in Norwegian Cruise Line by 61.0% during the 1st quarter. Bank of America Corp DE now owns 2,566,087 shares of the company’s stock valued at $47,986,000 after purchasing an additional 971,809 shares during the period. 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: Third-quarter results exceeded expectations. NCLH reported approximately $2.95 billion in revenue and adjusted EPS of $1.12, ahead of estimates of $2.88 billion and $0.93, respectively. GAAP net income was $491 million, or $1.07 per share. Norwegian Cruise Line Holdings Reports Third Quarter 2026 Financial Results
Positive Sentiment: Management raised its outlook. Full-year 2026 adjusted EPS guidance increased to approximately $1.70, above the roughly $1.54 analyst consensus. Stronger-than-expected close-in bookings, improved cost efficiency and higher onboard passenger spending supported the better forecast. Norwegian shares surge on earnings beat and guidance raise
Positive Sentiment: Cost reductions are helping offset fuel pressure. NCLH identified another $100 million in structural run-rate savings, while management said its efficiency initiatives are countering higher fuel costs. The company also plans to continue paying down debt, an important part of its turnaround strategy. Why Norwegian Cruise Line Stock Jumped Today
Neutral Sentiment: A CFO transition is planned. Chief Strategy Officer Meghan Montana will succeed Mark Kempa as CFO on January 1, 2027. The succession appears orderly, but it adds an execution milestone as NCLH works through its turnaround and deleveraging plans. Norwegian Cruise Line Holdings Announces CFO Transition
Negative Sentiment: Underlying demand and pricing remain concerns. Average passenger cruise days fell to 7.3 from 8.5 a year earlier, indicating that revenue growth relied more on guest volume than longer trips. NCLH forecasts only 1% to 2% net-yield growth in 2027, while bookings remain below management’s preferred range. Interest expense was also broadly flat excluding a prior-year debt charge, underscoring that profitability has not yet materially reduced its highly leveraged balance sheet. Norwegian Cruise Line projects 2027 net yield growth

About Norwegian Cruise Line

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Norwegian Cruise Line Holdings Ltd. is a global cruise company headquartered in Miami, Florida. Through its operating brands—Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises—the company provides cruise vacations to destinations worldwide, including Europe, the Caribbean, Alaska, Asia, South America, Australia and New Zealand.

Norwegian Cruise Line offers contemporary cruises with flexible dining, entertainment and onboard activities. Oceania Cruises focuses on destination-oriented, upscale travel and culinary experiences, while Regent Seven Seas Cruises provides an all-inclusive luxury cruise experience.