Benchmark Issues Positive Forecast for Lindblad Expeditions (NASDAQ:LIND) Stock Price

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

Several other research analysts have also weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lindblad Expeditions in a research report on Thursday, January 22nd. Zacks Research lowered shares of Lindblad Expeditions from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 4th. Citigroup started coverage on shares of Lindblad Expeditions in a research note on Tuesday, December 30th. They issued a “buy” rating for the company. Finally, Stifel Nicolaus boosted their price objective on shares of Lindblad Expeditions from $20.00 to $23.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $21.33.

Lindblad Expeditions Price Performance

Shares of LIND traded down $0.31 during mid-day trading on Friday, hitting $19.92. 601,588 shares of the company’s stock were exchanged, compared to its average volume of 818,983. The company has a market cap of $1.10 billion, a PE ratio of -30.19 and a beta of 2.27. Lindblad Expeditions has a 52 week low of $7.45 and a 52 week high of $21.23. The company has a 50-day simple moving average of $17.11 and a 200 day simple moving average of $14.34.

Lindblad Expeditions (NASDAQ:LIND) last announced its quarterly earnings data on Thursday, February 26th. The company reported ($0.45) EPS for the quarter, missing analysts’ consensus estimates 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. On average, analysts anticipate that Lindblad Expeditions will post -0.43 earnings per share for the current year.

Insider Activity at Lindblad Expeditions

In related news, CEO Benjamin Bressler sold 41,000 shares of Lindblad Expeditions stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $18.08, for a total transaction of $741,280.00. Following the completion of the sale, the chief executive officer directly owned 23,466 shares of the company’s stock, valued at approximately $424,265.28. This trade represents a 63.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Sven-Olof Lindblad sold 28,002 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $17.61, for a total value of $493,115.22. Following the completion of the transaction, the director directly owned 10,783,962 shares in the company, valued at approximately $189,905,570.82. This represents a 0.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,782,351 shares of company stock valued at $29,808,188 over the last 90 days. Company insiders own 34.00% of the company’s stock.

Hedge Funds Weigh In On Lindblad Expeditions

Institutional investors and hedge funds have recently modified their holdings of the business. State of Alaska Department of Revenue acquired a new stake in Lindblad Expeditions in the 3rd quarter worth about $35,000. Osaic Holdings Inc. increased its holdings in shares of Lindblad Expeditions by 58.1% during the second quarter. Osaic Holdings Inc. now owns 3,597 shares of the company’s stock worth $41,000 after purchasing an additional 1,322 shares during the period. Tower Research Capital LLC TRC raised its position in shares of Lindblad Expeditions by 222.1% in the second quarter. Tower Research Capital LLC TRC now owns 4,802 shares of the company’s stock valued at $56,000 after buying an additional 3,311 shares in the last quarter. Kemnay Advisory Services Inc. bought a new stake in shares of Lindblad Expeditions in the fourth quarter valued at approximately $57,000. Finally, CWM LLC grew its position in Lindblad Expeditions by 188.1% during the third quarter. CWM LLC now owns 4,849 shares of the company’s stock worth $62,000 after buying an additional 3,166 shares in the last quarter. 75.94% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Lindblad Expeditions

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.