Q3 EPS Forecast for Norwegian Cruise Line Reduced by Analyst

Key Points

• Q3 2026 EPS forecast cut: Zacks Research lowered its estimate for Norwegian Cruise Line to $0.84 per share from $0.96 and maintained a “Hold” rating. The company’s full-year consensus EPS estimate is $1.44.
• Mixed analyst sentiment: Norwegian Cruise Line has an overall “Hold” consensus rating from MarketBeat, with a consensus price target of $20.90. Recent analysts have generally maintained neutral or downgraded ratings, though Citigroup retains a “Buy” rating with a $22 target.
• Shares and operating results: NCLH opened at $18.20, down 4.3%, while its latest quarterly EPS of $0.48 exceeded expectations of $0.41. Revenue rose 4.9% year over year to $2.64 billion, slightly below analysts’ forecasts.

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH - Free Report) - Zacks Research reduced their Q3 2026 earnings per share (EPS) estimates for Norwegian Cruise Line in a research note issued on Thursday, August 13th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.84 per share for the quarter, down from their prior estimate of $0.96. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Norwegian Cruise Line's current full-year earnings is $1.44 per share. Zacks Research also issued estimates for Norwegian Cruise Line's Q2 2028 earnings at $0.50 EPS.

NCLH has been the subject of a number of other research reports. Susquehanna reiterated a "neutral" rating and set a $17.00 price target on shares of Norwegian Cruise Line in a research note on Tuesday, August 4th. Freedom Capital lowered shares of Norwegian Cruise Line from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 31st. Citigroup decreased their target price on shares of Norwegian Cruise Line from $25.00 to $22.00 and set a "buy" rating for the company in a research note on Friday, July 31st. Truist Financial downgraded Norwegian Cruise Line from a "buy" rating to a "hold" rating and set a $20.00 price objective for the company. in a research note on Thursday, July 23rd. Finally, The Goldman Sachs Group lifted their target price on Norwegian Cruise Line from $14.00 to $16.00 and gave the company a "neutral" rating in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $20.90.

Norwegian Cruise Line Trading Down 4.3%

NYSE:NCLH opened at $18.20 on Tuesday. The stock has a market cap of $8.36 billion, a P/E ratio of 11.38, a P/E/G ratio of 1.19 and a beta of 1.90. The company has a debt-to-equity ratio of 5.40, a quick ratio of 0.17 and a current ratio of 0.20. Norwegian Cruise Line has a 1 year low of $14.53 and a 1 year high of $27.18. The stock has a 50-day simple moving average of $19.70 and a 200-day simple moving average of $19.78.

Norwegian Cruise Line (NYSE:NCLH - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.07. Norwegian Cruise Line had a net margin of 7.49% and a return on equity of 41.38%. The firm had revenue of $2.64 billion for the quarter, compared to analysts' expectations of $2.65 billion. During the same quarter last year, the company earned $0.51 earnings per share. The firm's revenue was up 4.9% compared to the same quarter last year. 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.

Institutional Trading of Norwegian Cruise Line

A number of institutional investors and hedge funds have recently made changes to their positions in the company. SBI Securities Co. Ltd. grew its position in Norwegian Cruise Line by 2.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 18,110 shares of the company's stock valued at $404,000 after acquiring an additional 428 shares during the period. Oregon Public Employees Retirement Fund raised its holdings in Norwegian Cruise Line by 1.0% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 52,142 shares of the company's stock valued at $1,164,000 after buying an additional 500 shares during the period. New Mexico Educational Retirement Board lifted its position in Norwegian Cruise Line by 2.5% during the fourth quarter. New Mexico Educational Retirement Board now owns 20,700 shares of the company's stock valued at $462,000 after buying an additional 500 shares in the last quarter. Prospera Financial Services Inc grew its stake in Norwegian Cruise Line by 1.8% during the fourth quarter. Prospera Financial Services Inc now owns 28,603 shares of the company's stock worth $638,000 after buying an additional 502 shares during the period. Finally, IFP Advisors Inc raised its stake in shares of Norwegian Cruise Line by 14.4% in the 4th quarter. IFP Advisors Inc now owns 4,217 shares of the company's stock valued at $94,000 after acquiring an additional 530 shares during the period. 69.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Norwegian Cruise Line

In related news, Director Jonathan Z. Cohen bought 30,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was purchased at an average cost of $15.83 per share, for a total transaction of $474,900.00. Following the completion of the acquisition, the director owned 38,912 shares in the company, valued at $615,976.96. This trade represents a 336.62% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John Chidsey purchased 153,000 shares of the business's stock in a transaction on Friday, May 22nd. The shares were bought at an average cost of $16.37 per share, for a total transaction of $2,504,610.00. Following the purchase, the chief executive officer owned 1,139,940 shares of the company's stock, valued at $18,660,817.80. This trade represents a 15.50% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders acquired 1,563,000 shares of company stock worth $27,971,810 in the last 90 days. 0.25% of the stock is owned by company insiders.

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.

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