Wells Fargo & Company Cuts Norwegian Cruise Line (NYSE:NCLH) Price Target to $20.00

Norwegian Cruise Line (NYSE:NCLH) had its price target trimmed by Wells Fargo & Company from $26.00 to $20.00 in a report published on Wednesday,Benzinga reports. The firm currently has an overweight rating on the stock.

Other equities analysts have also recently issued research reports about the stock. The Goldman Sachs Group set a $14.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday. Susquehanna reduced their price objective on shares of Norwegian Cruise Line from $20.00 to $15.00 and set a “neutral” rating for the company in a research note on Tuesday. Barclays decreased their target price on shares of Norwegian Cruise Line from $21.00 to $19.00 and set an “equal weight” rating for the company in a report on Tuesday. Morgan Stanley cut their price target on shares of Norwegian Cruise Line from $23.00 to $20.00 and set an “equal weight” rating on the stock in a report on Tuesday. Finally, JPMorgan Chase & Co. reduced their price target on shares of Norwegian Cruise Line from $19.00 to $18.00 and set a “neutral” rating for the company in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $22.24.

Norwegian Cruise Line Stock Down 0.8%

NCLH stock opened at $17.07 on Wednesday. The business has a 50 day moving average of $19.81 and a 200 day moving average of $20.87. The firm has a market cap of $7.84 billion, a PE ratio of 14.35, a price-to-earnings-growth ratio of 0.81 and a beta of 1.92. Norwegian Cruise Line has a twelve month low of $16.87 and a twelve month high of $27.18. The company has a quick ratio of 0.18, a current ratio of 0.21 and a debt-to-equity ratio of 5.75.

Norwegian Cruise Line (NYSE:NCLH) last released its earnings results on Monday, May 4th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.15 by $0.08. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The business had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same period in the previous year, the company posted $0.07 earnings per share. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. 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. On average, research analysts forecast that Norwegian Cruise Line will post 2 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of NCLH. SHP Wealth Management purchased a new position in Norwegian Cruise Line in the fourth quarter worth about $26,000. MUFG Securities EMEA plc purchased a new stake in shares of Norwegian Cruise Line during the 2nd quarter valued at about $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Norwegian Cruise Line during the 4th quarter valued at about $31,000. Clearstead Advisors LLC boosted its holdings in shares of Norwegian Cruise Line by 130.2% in the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock worth $36,000 after buying an additional 909 shares during the last quarter. Finally, Aventura Private Wealth LLC bought a new stake in Norwegian Cruise Line during the fourth quarter valued at approximately $42,000. Institutional investors 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.