Norwegian Cruise Line (NYSE:NCLH – Get Free Report) was upgraded by equities researchers at Freedom Capital to a “strong-buy” rating in a research note issued on Wednesday,Zacks.com reports.
Several other equities analysts have also issued reports on the company. Citigroup dropped their price objective on Norwegian Cruise Line from $25.00 to $21.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. Barclays dropped their price objective on Norwegian Cruise Line from $21.00 to $19.00 and set an “equal weight” rating on the stock in a report on Tuesday, May 5th. TD Cowen dropped their price objective on Norwegian Cruise Line from $27.00 to $22.00 and set a “buy” rating on the stock in a report on Friday, May 15th. Sanford C. Bernstein assumed coverage on Norwegian Cruise Line in a report on Wednesday. They set a “market perform” rating and a $18.00 price objective on the stock. Finally, Bank of America dropped their price objective on Norwegian Cruise Line from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Tuesday, March 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $20.95.
Check Out Our Latest Research Report on NCLH
Norwegian Cruise Line Stock Performance
Norwegian Cruise Line (NYSE:NCLH – Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, topping 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 business’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter last 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. Analysts predict that Norwegian Cruise Line will post 1.48 earnings per share for the current year.
Insider Buying and Selling
In related news, CEO John Chidsey purchased 153,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were purchased at an average price of $16.37 per share, with a total value of $2,504,610.00. Following the completion of the acquisition, the chief executive officer directly owned 1,139,940 shares in the company, valued at $18,660,817.80. This represents a 15.50% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Zillah Byng-Thorne purchased 25,015 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were bought at an average cost of $17.67 per share, for a total transaction of $442,015.05. Following the acquisition, the director owned 99,811 shares of the company’s stock, valued at approximately $1,763,660.37. The trade was a 33.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders bought 1,592,467 shares of company stock worth $28,493,204. Corporate insiders own 0.41% of the company’s stock.
Hedge Funds Weigh In On Norwegian Cruise Line
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Parallel Advisors LLC grew its holdings in shares of Norwegian Cruise Line by 45.2% during the first quarter. Parallel Advisors LLC now owns 3,882 shares of the company’s stock worth $73,000 after buying an additional 1,209 shares during the last quarter. NewEdge Advisors LLC lifted its position in Norwegian Cruise Line by 167.9% in the first quarter. NewEdge Advisors LLC now owns 26,928 shares of the company’s stock valued at $504,000 after purchasing an additional 16,878 shares during the period. Glenmede Trust Co. NA lifted its position in Norwegian Cruise Line by 4.0% in the first quarter. Glenmede Trust Co. NA now owns 19,497 shares of the company’s stock valued at $365,000 after purchasing an additional 745 shares during the period. Bank of America Corp DE lifted its position in Norwegian Cruise Line by 61.0% in the first 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. Finally, South Dakota Investment Council lifted its position in Norwegian Cruise Line by 37.4% in the first quarter. South Dakota Investment Council now owns 288,175 shares of the company’s stock valued at $5,389,000 after purchasing an additional 78,500 shares during the period. Hedge funds and other institutional investors own 69.58% of the company’s stock.
Key Headlines Impacting Norwegian Cruise Line
Here are the key news stories impacting Norwegian Cruise Line this week:
- Positive Sentiment: Director Stephen Pagliuca bought a combined 1.38 million shares over two days, spending roughly $24.7 million. Big insider buying often signals management confidence in the company’s outlook and can lift sentiment. Director Stephen Pagliuca buys $25m in NCLH shares
- Positive Sentiment: Loop Capital initiated coverage with a Buy rating and a $22 price target, implying room for upside from recent trading levels. Loop Capital coverage note on Norwegian Cruise Line
- Positive Sentiment: The stock has also been supported by the company’s recent earnings beat, with EPS of $0.23 topping estimates and revenue up 9.6% year over year, reinforcing the case that business trends remain solid. Why Is Norwegian Cruise Line (NCLH) Up 7% Since Last Earnings Report?
- Neutral Sentiment: Bernstein started NCLH at Market-Perform with an $18 target, which is roughly in line with the stock and suggests limited short-term conviction. Bernstein bullish on top cruise pick Viking, Norwegian gets market-perform rating
- Neutral Sentiment: Management also said 2027 will be a “transition year” amid current pressures, which keeps some caution in the outlook even as investors focus on the insider buying and analyst support. Norwegian Cruise sees 2027 as ‘transition year’ despite current pressures
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.
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