Norwegian Cruise Line (NYSE:NCLH) Updates Q1 2026 Earnings Guidance

Norwegian Cruise Line (NYSE:NCLH) issued an update on its first quarter 2026 earnings guidance on Monday morning. The company provided EPS guidance of 0.160-0.160 for the period, compared to the consensus EPS estimate of 0.400. The company issued revenue guidance of -. Norwegian Cruise Line also updated its FY 2026 guidance to 2.380-2.380 EPS.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Bank of America upped their price target on Norwegian Cruise Line from $25.00 to $30.00 and gave the stock a “neutral” rating in a research note on Monday, January 12th. The Goldman Sachs Group cut Norwegian Cruise Line from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $23.00 to $21.00 in a research report on Tuesday, December 9th. Citigroup lifted their price target on shares of Norwegian Cruise Line from $26.00 to $29.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Truist Financial reduced their price objective on shares of Norwegian Cruise Line from $31.00 to $26.00 and set a “buy” rating for the company in a research note on Tuesday, December 2nd. Finally, Wells Fargo & Company lowered shares of Norwegian Cruise Line from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, February 23rd. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $26.32.

Norwegian Cruise Line Stock Performance

Shares of NYSE NCLH traded down $2.67 during mid-day trading on Monday, hitting $22.12. The company had a trading volume of 13,153,040 shares, compared to its average volume of 20,829,244. Norwegian Cruise Line has a 12 month low of $14.21 and a 12 month high of $27.18. The firm has a market cap of $10.07 billion, a P/E ratio of 16.22, a PEG ratio of 0.65 and a beta of 1.99. The business’s 50-day simple moving average is $22.87 and its 200-day simple moving average is $22.58. The company has a debt-to-equity ratio of 6.22, a current ratio of 0.19 and a quick ratio of 0.17.

Norwegian Cruise Line (NYSE:NCLH) last posted its quarterly earnings results on Monday, March 2nd. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.27 by $0.01. Norwegian Cruise Line had a return on equity of 55.51% and a net margin of 6.85%.The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.34 billion. During the same quarter in the prior year, the firm posted $0.26 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. Norwegian Cruise Line has set its Q1 2026 guidance at 0.160-0.160 EPS and its FY 2026 guidance at 2.380-2.380 EPS. As a group, analysts predict that Norwegian Cruise Line will post 1.48 earnings per share for the current fiscal year.

Norwegian Cruise Line News Roundup

Here are the key news stories impacting Norwegian Cruise Line this week:

• Positive Sentiment: EPS slightly beat/held steady: NCLH reported $0.28 EPS (up from $0.26 a year ago) and beat some consensus estimates by $0.01, supporting profitability metrics like a strong return on equity and positive margins. Read More.
• Neutral Sentiment: Company released full Q4 and FY-2025 results and provided Q1/2026 guidance in its official press release and slide deck — important for modeling, but the release includes mixed datapoints (revenue up year-over-year but below some sell‑side estimates). Read More.
• Neutral Sentiment: Pre-earnings coverage and options flows raised expectations for volatility into and after the print — useful for short-term traders sizing risk but not a fundamental change. Read More.
• Negative Sentiment: Revenue missed estimates: Q4 revenue of $2.24B fell short of some consensus figures (~$2.34B), suggesting demand or pricing/itinerary mix issues even as EPS held up. Read More.
• Negative Sentiment: Management warned of operational challenges for 2026 driven by a mistimed increase in Caribbean capacity, signaling potential pressure on yields and margins going forward — a primary reason investors are selling. Read More.
• Negative Sentiment: Activist investor risk: Elliott Investment Management’s public push for leadership and board changes increases governance uncertainty and could lead to strategic shifts or short-term volatility. Read More.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. MUFG Securities EMEA plc bought a new stake in Norwegian Cruise Line in the 2nd quarter valued at $26,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Norwegian Cruise Line during the fourth quarter worth about $31,000. Aster Capital Management DIFC Ltd acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at approximately $50,000. Quarry LP lifted its stake in Norwegian Cruise Line by 89,066.7% in the 4th quarter. Quarry LP now owns 2,675 shares of the company’s stock valued at $60,000 after acquiring an additional 2,672 shares in the last quarter. Finally, Brown Brothers Harriman & Co. lifted its stake in Norwegian Cruise Line by 302.9% in the 4th quarter. Brown Brothers Harriman & Co. now owns 3,477 shares of the company’s stock valued at $78,000 after acquiring an additional 2,614 shares in the last quarter. Institutional investors own 69.58% of the company’s stock.

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.