Norwegian Cruise Line (NYSE:NCLH) Given New $22.00 Price Target at Wells Fargo & Company

Norwegian Cruise Line (NYSE:NCLH) had its price target trimmed by Wells Fargo & Company from $25.00 to $22.00 in a report published on Friday,Benzinga reports. The firm currently has an overweight rating on the stock.

NCLH has been the topic of a number of other research reports. The Goldman Sachs Group boosted their price target on Norwegian Cruise Line from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Tuesday, July 14th. Weiss Ratings upgraded Norwegian Cruise Line from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. BMO Capital Markets began coverage on Norwegian Cruise Line in a research report on Tuesday, July 7th. They issued a “market perform” rating and a $21.00 price objective on the stock. Zacks Research raised Norwegian Cruise Line from a “strong sell” rating to a “hold” rating in a research note on Monday, July 6th. Finally, Northcoast Research downgraded Norwegian Cruise Line from a “buy” rating to a “neutral” rating in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $21.05.

Norwegian Cruise Line Price Performance

Shares of Norwegian Cruise Line stock opened at $18.55 on Friday. The firm has a market cap of $8.51 billion, a PE ratio of 11.59, a price-to-earnings-growth ratio of 1.11 and a beta of 1.87. Norwegian Cruise Line has a 12-month low of $14.53 and a 12-month high of $27.18. The company has a quick ratio of 0.18, a current ratio of 0.20 and a debt-to-equity ratio of 5.40. The company’s fifty day simple moving average is $19.45 and its two-hundred day simple moving average is $20.00.

Norwegian Cruise Line (NYSE:NCLH) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.07. The firm had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.65 billion. Norwegian Cruise Line had a net margin of 7.49% and a return on equity of 41.38%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.51 earnings per share. Norwegian Cruise Line has set its Q3 2026 guidance at 0.900-0.900 EPS and its FY 2026 guidance at 1.500-1.500 EPS. As a group, equities analysts expect that Norwegian Cruise Line will post 1.51 EPS for the current year.

Insider Activity at Norwegian Cruise Line

In related news, Director Stephen G. Pagliuca acquired 695,000 shares of the stock in a transaction on Monday, June 1st. The stock was acquired at an average cost of $18.16 per share, for a total transaction of $12,621,200.00. Following the completion of the acquisition, the director directly owned 703,912 shares of the company’s stock, valued at approximately $12,783,041.92. This represents a 7,798.47% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Zillah Byng-Thorne acquired 25,015 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were purchased at an average cost of $17.67 per share, for a total transaction of $442,015.05. Following the completion of the transaction, the director owned 99,811 shares in the company, valued at approximately $1,763,660.37. This represents a 33.44% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased 1,592,467 shares of company stock valued at $28,493,204 in the last three months. Corporate insiders own 0.25% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in NCLH. SBI Securities Co. Ltd. grew its stake in Norwegian Cruise Line by 2.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 18,110 shares of the company’s stock worth $404,000 after purchasing an additional 428 shares during the period. Retirement Systems of Alabama raised its holdings in Norwegian Cruise Line by 0.5% in the fourth quarter. Retirement Systems of Alabama now owns 96,848 shares of the company’s stock worth $2,162,000 after purchasing an additional 443 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its position in Norwegian Cruise Line by 1.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 52,142 shares of the company’s stock valued at $1,164,000 after buying an additional 500 shares during the period. New Mexico Educational Retirement Board lifted its position in Norwegian Cruise Line by 2.5% during the fourth quarter. New Mexico Educational Retirement Board now owns 20,700 shares of the company’s stock valued at $462,000 after buying an additional 500 shares during the period. Finally, Prospera Financial Services Inc boosted its holdings in shares of Norwegian Cruise Line by 1.8% during the 4th quarter. Prospera Financial Services Inc now owns 28,603 shares of the company’s stock valued at $638,000 after buying an additional 502 shares in the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

Key Stories Impacting Norwegian Cruise Line

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

• Positive Sentiment: Second-quarter earnings exceeded expectations. NCLH reported adjusted EPS of $0.48 versus the $0.41 consensus, while revenue increased 4.9% year over year to $2.64 billion, in line with estimates. Strong onboard spending and additional cruise capacity also supported the quarter. Norwegian Cruise Line Holdings Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Cost-reduction efforts could improve profitability. The company identified another $100 million in cost savings, with additional reductions expected. Management is also overhauling pricing and marketing to rebuild demand and improve commercial execution. NCLH Finds Another $100 Million in Cost Savings; More Expected
• Positive Sentiment: Analysts still see upside. Citigroup and Wells Fargo each lowered their price targets to $22 while maintaining Buy or Overweight ratings. Stifel cut its target to $25 but retained a Buy rating, indicating that analysts view the recent weakness as excessive despite near-term risks. Analyst Price Target Updates
• Neutral Sentiment: Asset and fleet adjustments provide limited support. NCLH sold Oceania Cruises’ Sirena, which may help streamline the fleet and generate cash, although the immediate financial impact was not disclosed. NCLH Sells Oceania Sirena
• Negative Sentiment: Lower full-year guidance overshadowed the earnings beat. NCLH now expects 2026 EPS of $1.50, below the $1.63 analyst consensus. Management cited weaker demand, lower expected yields, operational challenges and higher fuel costs. Third-quarter EPS guidance of $0.90 is only slightly above consensus, offering limited near-term upside. Norwegian Cruise Q2 Earnings and Revenues Surpass Estimates
• Negative Sentiment: The recovery timeline has lengthened. Management described the turnaround as being in its early stages, with bookings for the next 12 months running below expectations and a broader demand recovery potentially delayed until late 2027. This reinforces concerns that pricing pressure and weaker travel demand may persist. NCLH Demand Recovery May Not Arrive Until Late 2027

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.