JPMorgan Chase & Co. Issues Pessimistic Forecast for Norwegian Cruise Line (NYSE:NCLH) Stock Price

Norwegian Cruise Line (NYSE:NCLH) had its target price decreased by stock analysts at JPMorgan Chase & Co. from $17.00 to $13.00 in a research report issued on Thursday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price indicates a potential downside of 7.57% from the company’s current price.

Several other equities research analysts have also recently issued reports on NCLH. Weiss Ratings reissued a “hold (c)” rating on shares of Norwegian Cruise Line in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft set a $17.00 target price on shares of Norwegian Cruise Line in a research report on Friday, July 31st. BMO Capital Markets initiated coverage on shares of Norwegian Cruise Line in a research note on Tuesday, July 7th. They set a “market perform” rating and a $21.00 price target for the company. Morgan Stanley boosted their price target on Norwegian Cruise Line from $20.00 to $22.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Finally, Mizuho reissued a “neutral” rating and issued a $17.00 price objective (down from $22.00) on shares of Norwegian Cruise Line in a research note on Tuesday, August 18th. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $20.50.

Norwegian Cruise Line Trading Down 0.8%

Norwegian Cruise Line stock traded down $0.12 during mid-day trading on Thursday, hitting $14.06. The company’s stock had a trading volume of 4,228,249 shares, compared to its average volume of 19,854,191. The company has a debt-to-equity ratio of 5.40, a quick ratio of 0.17 and a current ratio of 0.20. The company has a 50 day moving average of $17.37 and a 200-day moving average of $18.40. Norwegian Cruise Line has a one year low of $13.63 and a one year high of $26.09. The stock has a market cap of $6.46 billion, a PE ratio of 8.79, a P/E/G ratio of 0.81 and a beta of 1.88.

Norwegian Cruise Line (NYSE:NCLH) last released its earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.07. The business had revenue of $2.64 billion during the quarter, compared to the consensus estimate of $2.65 billion. Norwegian Cruise Line had a return on equity of 41.38% and a net margin of 7.49%.The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same period last year, the company earned $0.51 earnings per share. 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. On average, research analysts anticipate that Norwegian Cruise Line will post 1.37 EPS for the current year.

Hedge Funds Weigh In On Norwegian Cruise Line

A number of hedge funds and other institutional investors have recently modified their holdings of NCLH. Capital International Investors increased its holdings in Norwegian Cruise Line by 7.1% during the fourth quarter. Capital International Investors now owns 56,177,669 shares of the company’s stock valued at $1,253,886,000 after buying an additional 3,728,929 shares during the period. Elliott Investment Management L.P. purchased a new stake in Norwegian Cruise Line during the first quarter worth $246,578,000. Geode Capital Management LLC lifted its holdings in Norwegian Cruise Line by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 12,205,008 shares of the company’s stock worth $271,951,000 after buying an additional 262,086 shares during the period. Dimensional Fund Advisors LP boosted its position in Norwegian Cruise Line by 7.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,262,590 shares of the company’s stock valued at $135,776,000 after acquiring an additional 518,790 shares in the last quarter. Finally, Hound Partners LLC boosted its position in Norwegian Cruise Line by 50.0% during the 1st quarter. Hound Partners LLC now owns 5,713,090 shares of the company’s stock valued at $106,835,000 after acquiring an additional 1,905,203 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd. is a global cruise company headquartered in Miami, Florida. Through its three brands—Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises—the company offers ocean voyages to destinations around the world, including the Caribbean, Alaska, Europe, Asia, South America, Australia and New Zealand, and expedition regions.

Norwegian Cruise Line serves the contemporary and premium cruise markets and is known for its “Freestyle Cruising” approach, which emphasizes flexible dining and relaxed onboard experiences.