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LIND

Lindblad Expeditions Holdings, Inc.

LIND

NASDAQ·Consumer Cyclical·Travel Services·Mkt cap $1.7B

$25.87

-0.58%

P/E

-74.21

Mkt Cap

$1.7B

52-Wk Range

$11.37–$35.00

52-Week Range

$11.37 - $35.00

P/E

-74.21

Fwd P/E

176.96

Beta

2.22

Div Yield

0.00%

Avg Vol

872.5K

Shares Out

55.0M

Mkt Cap

$1.7B

Price action

Price chart

Up 84.8% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Strategic alliance with National Geographic Society providing brand credibility and exclusive content partnerships
  • Diversified multi-brand portfolio targeting different customer segments and price points within premium travel market
  • Owned fleet of specialized expedition vessels enabling operational control, sustainability standards, and unique destination access
  • Established expertise in remote destination navigation and naturalist-led experiences since 1979

Bear Case

2 risks

  • High volatility (beta 2.2). Larger-than-normal price swings expected.
  • Extreme premium - high expectations embedded

Growth

Turning profitable

Rising consumer demand for experiential and sustainable travel among affluent demographics

Value

Extreme premium - high expectations embedded

Momentum

Hot

+20.9% over 3m

Quality

Stable

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 3, 2026

Q3 26 RECAP

AUG 3, 2026

Reported EPS of -$0.02 vs -$0.10 consensus (+80.8% surprise). Revenue of $199.2M vs $185.9M expected (+7.2%). Beat on both top and bottom lines.

EPS beat +80.8%
Rev beat +7.2%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+80.8%

Revenue trend · last 8Q

+19%

+17%

+23%

+17%

+23%

+16%

-100%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$206.0M

$148.6M

$179.7M

$167.9M

$240.2M

$183.2M

$208.0M

$0

Margins · last 8Q

Gross

Operating

Profit

Wall Street consensus

3 analysts · 67% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

67%

Hold

1

33%

Sell

0%

Median Price Target

$31.00

+19.8% vs $25.87

Low $31.00
Median $31.00
High $31.00

Latest: Deutsche Bank · Jul 24, 2026

1 analyst covering

vs Industry

How LIND stacks vs Travel Services

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.