TD Cowen Issues Pessimistic Forecast for Norwegian Cruise Line (NYSE:NCLH) Stock Price

Norwegian Cruise Line (NYSE:NCLH) had its price objective cut by investment analysts at TD Cowen from $24.00 to $20.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. TD Cowen’s target price suggests a potential upside of 27.10% from the stock’s current price.

Other equities research analysts also recently issued research reports about the stock. JPMorgan Chase & Co. reduced their target price on shares of Norwegian Cruise Line from $17.00 to $13.00 and set a “neutral” rating on the stock in a research note on Thursday, September 24th. Stifel Nicolaus dropped their target price on shares of Norwegian Cruise Line from $26.00 to $25.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Wells Fargo & Company cut their price target on shares of Norwegian Cruise Line from $20.00 to $18.00 and set an “overweight” rating for the company in a report on Monday, October 12th. Deutsche Bank Aktiengesellschaft set a $17.00 price target on shares of Norwegian Cruise Line in a report on Friday, July 31st. Finally, Bank of America restated a “neutral” rating on shares of Norwegian Cruise Line in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and sixteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $20.00.

Norwegian Cruise Line Price Performance

NCLH stock traded up $0.50 during trading on Tuesday, hitting $15.74. The company had a trading volume of 2,020,087 shares, compared to its average volume of 19,961,445. The company has a fifty day moving average price of $15.73 and a two-hundred day moving average price of $17.82. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 5.40. The company has a market cap of $7.22 billion, a P/E ratio of 9.82, a P/E/G ratio of 0.86 and a beta of 1.95. Norwegian Cruise Line has a fifty-two week low of $13.63 and a fifty-two week high of $25.13.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.07. Norwegian Cruise Line had a return on equity of 41.38% and a net margin of 7.49%. The firm had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.65 billion. During the same period in the prior year, the business posted $0.51 earnings per share. The business’s revenue was up 4.9% compared to the same quarter last year. 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. Equities research analysts expect that Norwegian Cruise Line will post 1.37 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Norwegian Cruise Line

A number of large investors have recently modified their holdings of the stock. Elliott Investment Management L.P. bought a new stake in shares of Norwegian Cruise Line during the first quarter valued at approximately $246,578,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Norwegian Cruise Line in the second quarter valued at approximately $2,744,000. Bank of America Corp DE increased its stake in shares of Norwegian Cruise Line by 61.0% in the 1st quarter. Bank of America Corp DE now owns 2,566,087 shares of the company’s stock valued at $47,986,000 after buying an additional 971,809 shares during the period. Mizuho Markets Americas LLC acquired a new stake in shares of Norwegian Cruise Line in the 1st quarter valued at $33,380,000. Finally, California Public Employees Retirement System raised its position in shares of Norwegian Cruise Line by 358.8% during the first quarter. California Public Employees Retirement System now owns 3,675,830 shares of the company’s stock worth $68,738,000 after acquiring an additional 2,874,730 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. is a global cruise company headquartered in Miami, Florida. Through its operating brands—Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises—the company provides cruise vacations to destinations worldwide, including Europe, the Caribbean, Alaska, Asia, South America, Australia and New Zealand.

Norwegian Cruise Line offers contemporary cruises with flexible dining, entertainment and onboard activities. Oceania Cruises focuses on destination-oriented, upscale travel and culinary experiences, while Regent Seven Seas Cruises provides an all-inclusive luxury cruise experience.