Norwegian Cruise Line (NYSE:NCLH) Price Target Lowered to $20.00 at Truist Financial

Norwegian Cruise Line (NYSE:NCLH) had its price target cut by investment analysts at Truist Financial from $25.00 to $20.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Truist Financial’s target price points to a potential upside of 21.35% from the stock’s previous close.

Other equities analysts have also recently issued reports about the company. The Goldman Sachs Group set a $14.00 price target on Norwegian Cruise Line in a report on Tuesday, May 5th. Stifel Nicolaus dropped their target price on Norwegian Cruise Line from $28.00 to $27.00 and set a “buy” rating for the company in a research note on Monday, April 20th. TD Cowen dropped their target price on Norwegian Cruise Line from $27.00 to $22.00 and set a “buy” rating for the company in a research note on Friday, May 15th. Northcoast Research lowered Norwegian Cruise Line from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 6th. Finally, Susquehanna dropped their target price on Norwegian Cruise Line from $20.00 to $15.00 and set a “neutral” rating for the company in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $21.12.

Norwegian Cruise Line Stock Performance

NYSE NCLH opened at $16.48 on Friday. Norwegian Cruise Line has a fifty-two week low of $14.53 and a fifty-two week high of $27.18. The stock has a market cap of $7.57 billion, a price-to-earnings ratio of 13.85, a price-to-earnings-growth ratio of 1.02 and a beta of 1.92. The business has a fifty day moving average of $18.60 and a 200-day moving average of $20.37. 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 quarterly earnings results on Monday, May 4th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.36 billion. During the same period in the previous year, the firm posted $0.07 earnings per share. The business’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. As a group, analysts predict that Norwegian Cruise Line will post 1.48 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Jonathan Z. Cohen purchased 30,000 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was bought at an average cost of $15.83 per share, for a total transaction of $474,900.00. Following the completion of the purchase, the director directly owned 38,912 shares of the company’s stock, valued at $615,976.96. The trade was a 336.62% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Zillah Byng-Thorne purchased 4,452 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were purchased at an average price of $17.83 per share, with a total value of $79,379.16. Following the completion of the purchase, the director directly owned 25,742 shares of the company’s stock, valued at $458,979.86. The trade was a 20.91% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 59,467 shares of company stock valued at $996,294 over the last 90 days. 0.41% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Norwegian Cruise Line

Several institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE boosted its position in shares of 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 worth $47,986,000 after buying an additional 971,809 shares during the period. South Dakota Investment Council boosted its position in shares of Norwegian Cruise Line by 37.4% in the first quarter. South Dakota Investment Council now owns 288,175 shares of the company’s stock worth $5,389,000 after buying an additional 78,500 shares during the period. Amundi boosted its position in shares of Norwegian Cruise Line by 122.1% in the first quarter. Amundi now owns 2,143,019 shares of the company’s stock worth $40,074,000 after buying an additional 1,178,251 shares during the period. California State Teachers Retirement System boosted its position in shares of Norwegian Cruise Line by 24.4% in the first quarter. California State Teachers Retirement System now owns 532,448 shares of the company’s stock worth $9,957,000 after buying an additional 104,298 shares during the period. Finally, Readystate Asset Management LP boosted its position in shares of Norwegian Cruise Line by 956.6% in the first quarter. Readystate Asset Management LP now owns 128,045 shares of the company’s stock worth $2,394,000 after buying an additional 115,926 shares during the period. 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: A company director, Jonathan Z. Cohen, bought 30,000 shares of NCLH at $15.83 each, signaling insider confidence in the stock and business outlook. SEC filing
• Positive Sentiment: Options trading surged, with call volume rising well above normal, suggesting traders are positioning for additional upside in NCLH.
• Positive Sentiment: Cruise stocks rallied broadly as rates and oil prices eased, which can support travel demand expectations and lower fuel-cost pressure for Norwegian Cruise Line. MSN article
• Positive Sentiment: Market commentary noted Norwegian Cruise Line as part of a sharp rebound in travel names, with the sector benefiting from a risk-on move and short-covering. Quiver Quant article
• Neutral Sentiment: Zacks Research raised some near- and longer-term earnings estimates, but it kept a Strong Sell rating, limiting the bullish impact of the forecast revisions.
• Negative Sentiment: Several Zacks estimate cuts for 2026-2028 point to weaker projected profitability in some future periods, which could weigh on longer-term sentiment toward NCLH.
• Negative Sentiment: Pomerantz LLP said it is investigating claims on behalf of Norwegian Cruise Line investors, adding a small legal overhang. PR Newswire article

About Norwegian Cruise Line

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.