Norwegian Cruise Line (NYSE:NCLH) Issues FY 2026 Earnings Guidance

Norwegian Cruise Line (NYSE:NCLH) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 1.450-1.790 for the period, compared to the consensus EPS estimate of 2.100. The company issued revenue guidance of -. Norwegian Cruise Line also updated its Q2 2026 guidance to 0.380-0.380 EPS.

Norwegian Cruise Line Stock Down 0.2%

NCLH opened at $17.17 on Tuesday. The firm has a market cap of $7.82 billion, a P/E ratio of 19.65, a price-to-earnings-growth ratio of 0.65 and a beta of 1.92. The company has a debt-to-equity ratio of 6.21, a quick ratio of 0.18 and a current ratio of 0.21. The business has a 50 day moving average price of $20.21 and a 200 day moving average price of $20.99. Norwegian Cruise Line has a twelve month low of $16.78 and a twelve month high of $27.18.

Norwegian Cruise Line (NYSE:NCLH) last released its 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. The firm had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.36 billion. Norwegian Cruise Line had a net margin of 4.31% and a return on equity of 50.05%. The business’s revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.07 EPS. 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. Research analysts forecast that Norwegian Cruise Line will post 2 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. The Goldman Sachs Group set a $14.00 target price on shares of Norwegian Cruise Line in a research note on Tuesday. Tigress Financial dropped their target price on Norwegian Cruise Line from $38.00 to $32.00 and set a “strong-buy” rating for the company in a research report on Friday, April 17th. Truist Financial lowered their price objective on Norwegian Cruise Line from $26.00 to $25.00 and set a “buy” rating for the company in a research report on Tuesday, March 24th. Wolfe Research reaffirmed an “outperform” rating and issued a $25.00 target price on shares of Norwegian Cruise Line in a research note on Tuesday, March 3rd. Finally, Stifel Nicolaus lowered their price target on shares of Norwegian Cruise Line from $28.00 to $27.00 and set a “buy” rating for the company in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $23.59.

Norwegian Cruise Line News Summary

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

• Positive Sentiment: Q1 beat on profit and revenue growth: NCLH reported $0.23 GAAP EPS (above consensus) and ~10% year‑over‑year revenue growth, showing operating recovery vs. last year. Press release: Q1 results
• Positive Sentiment: Solid adjusted EBITDA: The company delivered meaningful adjusted EBITDA in Q1, a sign cash‑generation is improving despite near‑term pressures. Press release: Q1 metrics
• Neutral Sentiment: Earnings materials and call available for details—investors can review the transcript and slide deck for commentary on bookings, fuel hedges and cost actions. Earnings call transcript
• Negative Sentiment: Guidance reset: NCLH cut FY 2026 EPS to $1.45–1.79 (consensus ~2.10) and Q2 to $0.38 (vs. est. ~$0.51), signaling a material downward revision to the profit outlook. MarketBeat: Cuts outlook
• Negative Sentiment: Geopolitical and fuel cost headwinds: Management pointed to rising fuel prices and travel uncertainty from the Middle East conflict as key drivers of the weaker guidance and softer bookings. Barron’s: War in Iran hits earnings forecast
• Negative Sentiment: Revenue/booking softness: Revenue missed Street expectations and management signaled demand softness and execution issues, which analysts say justifies further caution. Zacks: Revenues miss
• Negative Sentiment: Legal risk: A Block & Leviton investigation into potential securities‑law violations introduces additional downside risk and potential distraction. GlobeNewswire: Investigation

Institutional Investors Weigh In On Norwegian Cruise Line

A number of hedge funds have recently made changes to their positions in NCLH. Coldstream Capital Management Inc. increased its position in Norwegian Cruise Line by 5.3% during the 3rd quarter. Coldstream Capital Management Inc. now owns 11,381 shares of the company’s stock worth $280,000 after purchasing an additional 569 shares in the last quarter. Janus Henderson Group PLC lifted its stake in shares of Norwegian Cruise Line by 0.3% in the 4th quarter. Janus Henderson Group PLC now owns 207,598 shares of the company’s stock valued at $4,637,000 after acquiring an additional 610 shares during the last quarter. United Capital Financial Advisors LLC boosted its holdings in shares of Norwegian Cruise Line by 4.6% during the 3rd quarter. United Capital Financial Advisors LLC now owns 15,443 shares of the company’s stock valued at $380,000 after acquiring an additional 677 shares in the last quarter. Ausdal Financial Partners Inc. grew its position in Norwegian Cruise Line by 6.0% during the 4th quarter. Ausdal Financial Partners Inc. now owns 12,381 shares of the company’s stock worth $276,000 after acquiring an additional 702 shares during the last quarter. Finally, Norinchukin Bank The raised its position in Norwegian Cruise Line by 3.4% in the third quarter. Norinchukin Bank The now owns 21,798 shares of the company’s stock valued at $537,000 after purchasing an additional 710 shares during the last quarter. 69.58% of the stock is currently owned by institutional investors and hedge funds.

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.