Benchmark Forecasts Strong Price Appreciation for Lindblad Expeditions (NASDAQ:LIND) Stock

Lindblad Expeditions (NASDAQ:LIND) had its price target hoisted by equities researchers at Benchmark from $18.00 to $25.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Benchmark’s price objective would suggest a potential upside of 25.53% from the company’s current price.

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

Lindblad Expeditions Stock Down 1.6%

Lindblad Expeditions stock traded down $0.31 during mid-day trading on Friday, hitting $19.92. 601,588 shares of the company were exchanged, compared to its average volume of 818,983. The company has a market capitalization of $1.10 billion, a PE ratio of -30.19 and a beta of 2.27. The business has a fifty day moving average of $17.11 and a 200 day moving average of $14.34. Lindblad Expeditions has a 1-year low of $7.45 and a 1-year high of $21.23.

Lindblad Expeditions (NASDAQ:LIND) last posted its earnings results on Thursday, February 26th. The company reported ($0.45) earnings per share for the quarter, missing the consensus estimate of ($0.32) by ($0.13). The firm had revenue of $183.18 million for the quarter, compared to analyst estimates of $167.66 million. Research analysts expect that Lindblad Expeditions will post -0.43 earnings per share for the current year.

Insider Activity

In related 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 transaction, the director owned 10,939,274 shares of the company’s stock, valued at $188,921,261.98. This trade represents a 2.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Benjamin Bressler sold 222,386 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $16.08, for a total transaction of $3,575,966.88. Following the transaction, the chief executive officer owned 23,466 shares of the company’s stock, valued at approximately $377,333.28. This represents a 90.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,782,351 shares of company stock valued at $29,808,188 over the last 90 days. Corporate insiders own 34.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Graham Capital Management L.P. lifted its holdings in shares of Lindblad Expeditions by 2.4% during the 4th quarter. Graham Capital Management L.P. now owns 24,763 shares of the company’s stock valued at $357,000 after purchasing an additional 590 shares in the last quarter. Summit Global Investments raised its holdings in Lindblad Expeditions by 3.5% during the 2nd quarter. Summit Global Investments now owns 25,328 shares of the company’s stock worth $296,000 after buying an additional 848 shares during the period. Wedge Capital Management L L P NC lifted its stake in Lindblad Expeditions by 0.8% in the fourth quarter. Wedge Capital Management L L P NC now owns 120,331 shares of the company’s stock valued at $1,735,000 after buying an additional 958 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Lindblad Expeditions by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,329 shares of the company’s stock valued at $198,000 after buying an additional 1,037 shares during the period. Finally, Simon Quick Advisors LLC increased its position in shares of Lindblad Expeditions by 7.1% during the third quarter. Simon Quick Advisors LLC now owns 16,118 shares of the company’s stock worth $206,000 after acquiring an additional 1,065 shares in the last quarter. 75.94% of the stock is owned by institutional investors and hedge funds.

Lindblad Expeditions News Roundup

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

• Positive Sentiment: Strong full‑year performance — 2025 revenue rose 20% to $771.0M and adjusted EBITDA hit a company record $126.2M; net yield and occupancy improved materially, showing healthy demand and pricing power. Lindblad Expeditions Holdings, Inc. Reports 2025 Fourth Quarter and Full Year Financial Results
• Positive Sentiment: Q4 revenue beat estimates — quarterly revenue of ~$183.2M topped consensus (~$167.7M), supporting the view that demand for expedition cruises remains robust. Lindblad Expeditions (LIND) Reports Q4 Loss, Tops Revenue Estimates
• Neutral Sentiment: Management signaled growth intent — CEO Natalya Leahy said “the right time to grow capacity is now,” but new ship supply has a ~4‑year lead time, so any capacity expansion is long‑dated. Lindblad’s Leahy: ‘Right Time to Grow Capacity Is Now,’ 4-Year Wait For New Ship
• Neutral Sentiment: FY2026 revenue guidance set to $800M–$850M (consensus ~ $824M) — range brackets consensus but is wide and company didn’t provide clear EPS guidance, leaving room for investor interpretation. Lindblad Expeditions Holdings, Inc. Reports 2025 Fourth Quarter and Full Year Financial Results
• Negative Sentiment: EPS missed — reported Q4 loss of ($0.45) vs. consensus loss of ($0.32), a $0.13 downside that likely pressured the stock despite the revenue beat. Lindblad Expeditions (LIND) Reports Q4 Loss, Tops Revenue Estimates
• Negative Sentiment: Capital structure changes — conversion of all outstanding preferred into ~9.0M common shares and issuance of $675M of 7.00% senior secured notes (extended maturities) increase share count and interest costs, adding dilution and leverage risk. Lindblad Expeditions Holdings, Inc. Reports 2025 Fourth Quarter and Full Year Financial Results
• Neutral Sentiment: For more detail, the full earnings call transcript is available for investors reviewing management’s commentary and Q&A. Lindblad Expeditions Holdings, Inc. (LIND) Q4 2025 Earnings Call Transcript

About Lindblad Expeditions

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.