Norwegian Cruise Line (NYSE:NCLH) Issues Q3 2026 Earnings Guidance

Norwegian Cruise Line (NYSE:NCLH) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.900-0.900 for the period, compared to the consensus estimate of 0.890. The company issued revenue guidance of -. Norwegian Cruise Line also updated its FY 2026 guidance to 1.500-1.500 EPS.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Weiss Ratings raised shares of Norwegian Cruise Line from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. dropped their price objective on shares of Norwegian Cruise Line from $19.00 to $18.00 and set a “neutral” rating for the company in a report on Monday, April 27th. Deutsche Bank Aktiengesellschaft set a $18.00 target price on shares of Norwegian Cruise Line in a research note on Tuesday, May 5th. Freedom Capital upgraded shares of Norwegian Cruise Line to a “strong-buy” rating in a report on Wednesday, June 3rd. Finally, Truist Financial cut shares of Norwegian Cruise Line from a “buy” rating to a “hold” rating and set a $20.00 price target for the company. in a research report on Thursday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat, Norwegian Cruise Line presently has an average rating of “Hold” and an average price target of $21.60.

Norwegian Cruise Line Price Performance

Shares of NYSE NCLH opened at $20.74 on Thursday. The company has a debt-to-equity ratio of 5.75, a current ratio of 0.21 and a quick ratio of 0.18. The company has a market cap of $9.52 billion, a price-to-earnings ratio of 17.43, a price-to-earnings-growth ratio of 1.26 and a beta of 1.87. The stock’s 50-day moving average is $19.35 and its two-hundred day moving average is $20.05. Norwegian Cruise Line has a 1-year low of $14.53 and a 1-year high of $27.18.

Norwegian Cruise Line (NYSE:NCLH) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.04. Norwegian Cruise Line had a return on equity of 47.84% and a net margin of 5.66%.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. Analysts forecast that Norwegian Cruise Line will post 1.51 EPS for the current fiscal year.

Insider Activity

In other news, Director Jonathan Z. Cohen acquired 30,000 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were bought at an average cost of $15.83 per share, with a total value of $474,900.00. Following the transaction, the director owned 38,912 shares in the company, valued at approximately $615,976.96. This trade represents a 336.62% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stephen G. Pagliuca acquired 695,000 shares of Norwegian Cruise Line stock in a transaction dated Monday, June 1st. The stock was purchased at an average price 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 in the company, valued at approximately $12,783,041.92. This represents a 7,798.47% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 1,592,467 shares of company stock worth $28,493,204 over the last three months. Insiders own 0.25% of the company’s stock.

Hedge Funds Weigh In On Norwegian Cruise Line

Several large investors have recently bought and sold shares of the business. Invesco Ltd. boosted its position in shares of Norwegian Cruise Line by 16.5% during the 4th quarter. Invesco Ltd. now owns 10,377,997 shares of the company’s stock worth $231,637,000 after acquiring an additional 1,468,075 shares in the last quarter. Corient Private Wealth LLC increased its holdings in shares of Norwegian Cruise Line by 26.4% in the 4th quarter. Corient Private Wealth LLC now owns 109,972 shares of the company’s stock valued at $2,402,000 after acquiring an additional 22,996 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of Norwegian Cruise Line by 64.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 61,040 shares of the company’s stock worth $1,362,000 after acquiring an additional 23,936 shares in the last quarter. Vident Advisory LLC raised its position in shares of Norwegian Cruise Line by 143.6% during the 4th quarter. Vident Advisory LLC now owns 109,825 shares of the company’s stock worth $2,451,000 after acquiring an additional 64,743 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its stake in Norwegian Cruise Line by 5.6% during the fourth quarter. Mackenzie Financial Corp now owns 15,601 shares of the company’s stock worth $349,000 after purchasing an additional 824 shares during the last quarter. Hedge funds and other institutional investors own 69.58% of the company’s stock.

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.