Norwegian Cruise Line (NYSE:NCLH) Price Target Cut to $20.00 by Analysts at Wells Fargo & Company

Norwegian Cruise Line (NYSE:NCLHGet Free Report) had its price objective cut by stock analysts at Wells Fargo & Company from $26.00 to $20.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price would suggest a potential upside of 12.58% from the company’s previous close.

NCLH has been the subject of several other research reports. Stifel Nicolaus dropped 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 note on Monday, April 20th. TD Cowen reiterated a “buy” rating on shares of Norwegian Cruise Line in a research report on Tuesday, January 13th. Morgan Stanley reduced their price target on shares of Norwegian Cruise Line from $23.00 to $20.00 and set an “equal weight” rating for the company in a report on Tuesday. Northcoast Research cut shares of Norwegian Cruise Line from a “buy” rating to a “neutral” rating in a research report on Wednesday. Finally, The Goldman Sachs Group set a $14.00 target price on Norwegian Cruise Line in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $22.50.

Get Our Latest Stock Analysis on NCLH

Norwegian Cruise Line Price Performance

Norwegian Cruise Line stock opened at $17.77 on Wednesday. The stock has a 50-day moving average price of $20.06 and a two-hundred day moving average price of $20.94. Norwegian Cruise Line has a 12 month low of $16.87 and a 12 month high of $27.18. The company has a market capitalization of $8.16 billion, a PE ratio of 14.91, a P/E/G ratio of 0.59 and a beta of 1.92. The company has a current ratio of 0.21, a quick ratio of 0.18 and a debt-to-equity ratio of 5.75.

Norwegian Cruise Line (NYSE:NCLHGet Free Report) last released its quarterly earnings data on Monday, May 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.08. The company had revenue of $2.33 billion during the quarter, compared to the consensus estimate of $2.36 billion. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.The firm’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.07 earnings per share. 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. Analysts expect that Norwegian Cruise Line will post 2 EPS for the current year.

Institutional Investors Weigh In On Norwegian Cruise Line

Institutional investors and hedge funds have recently bought and sold shares of the stock. SHP Wealth Management bought a new stake in shares of Norwegian Cruise Line in the 4th quarter worth $26,000. MUFG Securities EMEA plc bought a new position in Norwegian Cruise Line during the second quarter valued at $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in Norwegian Cruise Line in the 4th quarter worth about $31,000. Clearstead Advisors LLC lifted its holdings in Norwegian Cruise Line by 130.2% during the fourth quarter. Clearstead Advisors LLC now owns 1,607 shares of the company’s stock valued at $36,000 after purchasing an additional 909 shares during the last quarter. Finally, Aventura Private Wealth LLC bought a new position in Norwegian Cruise Line during the fourth quarter worth about $42,000. 69.58% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Norwegian Cruise Line

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

Norwegian Cruise Line Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Norwegian Cruise Line (NYSE:NCLH)

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