Norwegian Cruise Line (NYSE:NCLH) Updates Q4 2025 Earnings Guidance

Norwegian Cruise Line (NYSE:NCLH) updated its fourth quarter 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.270-0.270 for the period, compared to the consensus earnings per share estimate of 0.250. The company issued revenue guidance of -. Norwegian Cruise Line also updated its FY 2025 guidance to 2.100-2.100 EPS.

Norwegian Cruise Line Price Performance

Norwegian Cruise Line stock traded down $1.34 during trading hours on Friday, hitting $21.91. 20,698,165 shares of the stock were exchanged, compared to its average volume of 19,744,717. Norwegian Cruise Line has a 12 month low of $14.21 and a 12 month high of $27.41. The business’s 50-day moving average is $22.19 and its two-hundred day moving average is $22.66. The company has a debt-to-equity ratio of 6.22, a quick ratio of 0.17 and a current ratio of 0.19. The stock has a market capitalization of $9.98 billion, a P/E ratio of 16.12, a P/E/G ratio of 0.57 and a beta of 2.06.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on NCLH shares. Stifel Nicolaus dropped their price objective on shares of Norwegian Cruise Line from $32.00 to $31.00 and set a “buy” rating for the company in a research report on Wednesday. TD Cowen restated a “buy” rating on shares of Norwegian Cruise Line in a research report on Tuesday, January 13th. Truist Financial cut their price target on Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday, December 2nd. Jefferies Financial Group lowered Norwegian Cruise Line from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $26.00 to $20.00 in a research report on Monday, December 15th. Finally, Susquehanna cut their target price on shares of Norwegian Cruise Line from $25.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 12th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, Norwegian Cruise Line currently has an average rating of “Moderate Buy” and an average price target of $26.32.

Key Stories Impacting Norwegian Cruise Line

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

• Positive Sentiment: Company raised its FY‑2025 EPS guidance to $2.10 versus consensus $2.03, signaling stronger-than-expected full‑year profitability potential. (Guidance update)
• Positive Sentiment: Q4 2025 EPS guidance came in at $0.27 versus consensus $0.25, indicating modest outperformance for the quarter. (Guidance update)
• Positive Sentiment: Board named John W. Chidsey as President & CEO — an experienced consumer/brand executive whose appointment could improve execution and investor confidence over time. CEO Appointment
• Positive Sentiment: Bull case commentary argues shares remain cheap relative to peers and that a strong wave season through 2026 supports upside — useful for contrarian investors assessing a valuation gap. Seeking Alpha Bull Case
• Neutral Sentiment: Company scheduled its Q4 and FY2025 results release and conference call for March 2 — a near-term event that could materially move the stock depending on results and commentary. Earnings Call Notice
• Neutral Sentiment: Press/features about technical setups (e.g., “golden cross” coverage) may attract momentum traders but are unlikely to change fundamentals by themselves. Technical Coverage
• Negative Sentiment: JPMorgan downgraded NCLH from Overweight to Neutral and set a $20 price target (roughly below current levels), increasing selling pressure from fundamental/valuation-focused investors. JPMorgan Downgrade
• Negative Sentiment: Barclays also downgraded the shares, adding to the analyst-driven negative momentum and near‑term sentiment headwinds. Barclays Downgrade
• Negative Sentiment: High leverage and low liquidity ratios remain a structural risk (high debt-to-equity and low current/quick ratios), which can amplify downside when analysts turn cautious—likely a factor behind the downgrades. (Balance-sheet risk)

Hedge Funds Weigh In On Norwegian Cruise Line

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MUFG Securities EMEA plc bought a new position in Norwegian Cruise Line in the 2nd quarter valued at about $26,000. Caitong International Asset Management Co. Ltd acquired a new stake in Norwegian Cruise Line in the 4th quarter worth about $31,000. Brown Brothers Harriman & Co. boosted its holdings in Norwegian Cruise Line by 302.9% in the 4th quarter. Brown Brothers Harriman & Co. now owns 3,477 shares of the company’s stock valued at $78,000 after purchasing an additional 2,614 shares during the period. AlphaCentric Advisors LLC acquired a new position in shares of Norwegian Cruise Line during the 4th quarter worth approximately $93,000. Finally, Ossiam increased its holdings in shares of Norwegian Cruise Line by 50.7% during the second quarter. Ossiam now owns 6,388 shares of the company’s stock worth $130,000 after purchasing an additional 2,149 shares during the period. 69.58% of the stock is owned by institutional investors.

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.