Lindblad Expeditions (NASDAQ:LIND) Given New $25.00 Price Target at Benchmark

Lindblad Expeditions (NASDAQ:LIND) had its target price boosted by Benchmark from $18.00 to $25.00 in a research report released on Friday morning,Benzinga reports. Benchmark currently has a buy rating on the stock.

Other research analysts also recently issued research reports about the stock. Citigroup initiated coverage on shares of Lindblad Expeditions in a report on Tuesday, December 30th. They issued a “buy” rating for the company. Stifel Nicolaus raised their price objective on Lindblad Expeditions from $20.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Lindblad Expeditions in a research report on Thursday, January 22nd. Finally, Zacks Research downgraded Lindblad Expeditions from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 4th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.33.

Lindblad Expeditions Price Performance

Shares of Lindblad Expeditions stock traded down $0.52 during trading on Friday, reaching $19.71. 1,373,663 shares of the stock traded hands, compared to its average volume of 824,438. Lindblad Expeditions has a 52-week low of $7.45 and a 52-week high of $21.23. The business has a fifty day simple moving average of $17.21 and a two-hundred day simple moving average of $14.38. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of -31.29 and a beta of 2.27.

Lindblad Expeditions (NASDAQ:LIND) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.45) EPS for the quarter, missing analysts’ consensus estimates of ($0.32) by ($0.13). The company had revenue of $183.18 million during the quarter, compared to the consensus estimate of $167.66 million. On average, research analysts predict that Lindblad Expeditions will post -0.43 earnings per share for the current fiscal year.

Insider Transactions at Lindblad Expeditions

In other news, Director Sven-Olof Lindblad sold 233,505 shares of Lindblad Expeditions stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $17.27, for a total transaction of $4,032,631.35. Following the completion of the sale, the director owned 10,939,274 shares of the company’s stock, valued at approximately $188,921,261.98. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Benjamin Bressler sold 222,386 shares of the stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $16.08, for a total value of $3,575,966.88. Following the completion of the transaction, the chief executive officer directly owned 23,466 shares in the company, valued at approximately $377,333.28. This trade represents a 90.46% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,782,351 shares of company stock worth $29,808,188. Company insiders own 34.00% of the company’s stock.

Hedge Funds Weigh In On Lindblad Expeditions

Large investors have recently bought and sold shares of the business. SG Americas Securities LLC raised its stake in Lindblad Expeditions by 495.8% in the third quarter. SG Americas Securities LLC now owns 81,089 shares of the company’s stock valued at $1,038,000 after buying an additional 67,480 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Lindblad Expeditions by 8.7% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 578,809 shares of the company’s stock valued at $6,755,000 after purchasing an additional 46,284 shares during the last quarter. Black Diamond Financial LLC boosted its stake in Lindblad Expeditions by 13.6% in the 3rd quarter. Black Diamond Financial LLC now owns 1,068,362 shares of the company’s stock worth $13,675,000 after purchasing an additional 127,950 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Lindblad Expeditions by 108.4% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 592,985 shares of the company’s stock worth $6,920,000 after purchasing an additional 308,463 shares during the last quarter. Finally, Anchor Capital Management Company LLC raised its holdings in shares of Lindblad Expeditions by 8.2% in the second quarter. Anchor Capital Management Company LLC now owns 1,779,903 shares of the company’s stock worth $20,771,000 after buying an additional 135,000 shares during the last quarter. Institutional investors own 75.94% of the company’s stock.

Key Headlines Impacting Lindblad Expeditions

Here are the key news stories impacting Lindblad Expeditions this week:

• Positive Sentiment: Strong revenue and profitability metrics: Lindblad topped revenue estimates with Q4 revenue of $183.2M and reported record full‑year Adjusted EBITDA of $126.2M, driven by higher net yield per guest night (+14%) and 88% occupancy — evidence of pricing power and solid demand. PR Newswire Results
• Positive Sentiment: Analyst upgrade and higher target: Benchmark raised its price target to $25 and initiated/maintained a Buy — a ~27% upside to current levels that can support buying interest. Benzinga
• Positive Sentiment: Improved balance sheet and liquidity actions: Lindblad refinanced long‑term debt with $675M of 7.00% senior secured notes (maturity extended to 2030) and raised revolver capacity to $60M, reducing near‑term refinancing risk. PR Newswire Results
• Neutral Sentiment: FY2026 revenue guidance set to $800M–$850M, roughly in line with but slightly below consensus ($824.3M); guidance range leaves room for investor interpretation on near‑term growth versus street expectations. (Company guidance release)
• Neutral Sentiment: Conference call and full earnings transcript are available for detail on management’s outlook, fleet/capacity plans and cost assumptions — useful for investors digging into forward catalysts. Earnings Call Transcript
• Negative Sentiment: EPS miss: Lindblad posted a Q4 loss of ($0.45)/share vs. consensus ($0.32), missing by $0.13 — a clear near‑term negative that likely pressured the stock. Zacks
• Negative Sentiment: Capital structure and dilution: All outstanding preferred stock converted into ~9.0M common shares in early Feb, increasing share count and potential dilution — a headwind to near‑term per‑share metrics. PR Newswire Results
• Negative Sentiment: Higher interest burden: The 7.00% secured notes improve maturities but increase interest cost versus prior terms, which may weigh on near‑term net income despite improved EBITDA. PR Newswire Results

Lindblad Expeditions Company Profile

Lindblad Expeditions (NASDAQ: LIND) is a global leader in expedition cruising, specializing in immersive small-ship voyages to some of the world’s most remote and wildlife-rich regions. The company operates a fleet of purpose-built vessels designed to navigate challenging waters and shorelines, offering guests up-close encounters with natural environments such as the polar ice caps, the Galápagos Islands, Costa Rica’s rainforests and the waterways of Alaska, Patagonia and the Arctic.

Founded on the pioneering spirit of Lars-Eric Lindblad, regarded as the father of expedition travel, Lindblad Expeditions carries forward a legacy of discovery that dates back to the 1960s.