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NCLH

Norwegian Cruise Line Holdings Ltd.

NCLH

NYSE·Consumer Cyclical·Travel Services·Mkt cap $9.5B

$19.78

-4.31%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$14.53 - $27.18

P/E

16.67

Fwd P/E

11.79

Beta

1.91

Div Yield

0.00%

Avg Vol

22.5M

Shares Out

455.5M

Mkt Cap

$9.5B

Price action

Price chart

Down 3.3% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

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

  • Multi-brand cruise portfolio
  • Global destination coverage
  • Diverse fleet size and capacity
  • Established distribution channels

Bear Case

1 risk

  • Above-average volatility (beta 1.9).

Growth

Stable outlook

Post-pandemic travel recovery

Value

Undervalued - trading well below Hotels & Lodging peers

Momentum

Strong

+9.2% over 3m

Quality

Strong

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Recent earnings results

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

Next: Apr 28, 2026

Q2 26 RECAP

MAY 4, 2026

Reported EPS of $0.23 vs $0.15 consensus (+53.3% surprise). Revenue of $2.3B vs $2.4B expected (-1.1%).

EPS beat +53.3%
Revenue miss

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+53.3%

Next: Apr 28, 2026

Revenue trend · last 8Q

+6%

-3%

+6%

+5%

+6%

+10%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$2.4B

$2.8B

$2.1B

$2.1B

$2.5B

$2.9B

$2.2B

$2.3B

Margins · last 8Q

Gross

Operating

Profit

4.5%

Wall Street consensus

14 analysts · 50% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

7

50%

Hold

7

50%

Sell

0%

Median Price Target

$19.00

-3.9% vs $19.78

Low $14.00
Median $19.00
High $27.00

Latest: Wells Fargo · Jul 1, 2026

9 analysts covering

vs Industry

How NCLH stacks vs Travel Services

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

Industry comparison data unavailable for this stock.