Norwegian Cruise Line Holdings Ltd. (NCLH)

US — Consumer Cyclical Sector
Peers: PAG  DDS  CART  GME  TXRH  ALV  SCI  CCK  GIL  VIPS 

Automate Your Wheel Strategy on NCLH

With Tiblio's Option Bot, you can configure your own wheel strategy including NCLH - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol NCLH
  • Rev/Share 21.4914
  • Book/Share 4.8627
  • PB 4.8306
  • Debt/Equity 6.9972
  • CurrentRatio 0.1947
  • ROIC 0.0894

 

  • MktCap 10693998417.0
  • FreeCF/Share -2.296
  • PFCF -10.3273
  • PE 15.966
  • Debt/Assets 0.6908
  • DivYield 0
  • ROE 0.4019

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 3
  • DCF Score 3
  • P/B Score 1
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade NCLH JP Morgan Overweight Neutral -- $20 Feb. 13, 2026
Downgrade NCLH Barclays Overweight Equal Weight -- $23 Feb. 11, 2026
Reiterated NCLH JP Morgan -- Overweight $40 $28 Jan. 20, 2026
Downgrade NCLH Jefferies Buy Hold -- $20 Dec. 15, 2025
Downgrade NCLH Goldman Buy Neutral -- $21 Dec. 9, 2025
Initiation NCLH Wells Fargo -- Overweight -- $30 Nov. 18, 2025
Initiation NCLH TD Cowen -- Buy -- $31 July 22, 2025
Downgrade NCLH Argus Buy Hold -- -- June 18, 2025
Initiation NCLH Northcoast -- Buy -- $21 April 25, 2025
Upgrade NCLH Loop Capital Hold Buy -- $25 April 21, 2025

News

What Analyst Projections for Key Metrics Reveal About Norwegian Cruise Line (NCLH) Q4 Earnings
NCLH
Published: February 25, 2026 by: Zacks Investment Research
Sentiment: Positive

Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Norwegian Cruise Line (NCLH), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2025.

Read More
image for news What Analyst Projections for Key Metrics Reveal About Norwegian Cruise Line (NCLH) Q4 Earnings
NCLH to Report Q4 Earnings: Buy Now or Wait for Results?
NCLH
Published: February 25, 2026 by: Zacks Investment Research
Sentiment: Neutral

Norwegian Cruise to report Q4 earnings with rising occupancy, strong pricing and cost control, but a negative ESP and sharp rally may cap upside if results meet views.

Read More
image for news NCLH to Report Q4 Earnings: Buy Now or Wait for Results?
Oceania Cruises® Introduces the Oceania Club Ambassador Program
NCLH
Published: February 25, 2026 by: PRNewsWire
Sentiment: Neutral

New Referral Program Rewards Loyal Oceania Club Members and Welcomes New Guests with Exclusive Savings Download images here. (Credit: Oceania Cruises.

Read More
image for news Oceania Cruises® Introduces the Oceania Club Ambassador Program
Sell… Sell… Sell… Another Eight Companies Insiders Are Exiting
AMZN, CCL, CRM, CRWV, DAL, GTLB, MNDY, NCLH, NOW, ORCL, PCAR, PEGA, R, RCL, TDC, TRI, U, WMT
Published: February 22, 2026 by: InvestorPlace
Sentiment: Negative

Last week, I warned that insiders in two key industries were selling unusual amounts of their company's stock.

Read More
image for news Sell… Sell… Sell… Another Eight Companies Insiders Are Exiting
Struggling Norwegian Cruise Line faces turnaround effort as activist investor reveals 10% stake
NCLH
Published: February 17, 2026 by: New York Post
Sentiment: Positive

Activist investor Elliott Investment Management on Tuesday revealed it has built up a more than 10% stake in Norwegian Cruise Line and plans to launch a turnaround effort at the struggling ship operator.

Read More
image for news Struggling Norwegian Cruise Line faces turnaround effort as activist investor reveals 10% stake
Norwegian Cruise Line shares move higher as activist investor Elliot Management builds stake
NCLH
Published: February 17, 2026 by: Proactive Investors
Sentiment: Positive

Activist investor Elliott Investment Management has built a more than 10% stake in Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) and plans to push for changes aimed at improving the cruise operator's performance, according to a Wall Street Journal report. Elliott, now among Norwegian's largest shareholders, outlined its intentions in a letter and presentation to the company on Tuesday.

Read More
image for news Norwegian Cruise Line shares move higher as activist investor Elliot Management builds stake
Billionaire Activist Elliott Just Put Norwegian Cruise Line in Its Crosshairs
NCLH
Published: February 17, 2026 by: 24/7 Wall Street
Sentiment: Negative

Norwegian Cruise Line Holdings (NYSE:NCLH) faces mounting pressure after Elliott Investment Management disclosed a stake exceeding 10% and launched a comprehensive campaign demanding board overhaul and operational reform.

Read More
image for news Billionaire Activist Elliott Just Put Norwegian Cruise Line in Its Crosshairs
Bulls Target Cruise Stock After Activist Investor Stake
NCLH
Published: February 17, 2026 by: Schaeffers Research
Sentiment: Positive

Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) stock is up 6.9% to trade at $22.97 at last glance, after The Wall Steet Journal reported that activist investor Elliott Investment Management has built an over 10% stake in the cruise name.

Read More
image for news Bulls Target Cruise Stock After Activist Investor Stake
Norwegian Cruise Line Stock Jumps. Activist Elliott Takes a Stake, Report Says.
NCLH
Published: February 17, 2026 by: Barrons
Sentiment: Positive

Norwegian Cruise shares rallied after reports that Elliott Management is pushing for changes at the company.

Read More
image for news Norwegian Cruise Line Stock Jumps. Activist Elliott Takes a Stake, Report Says.
Norwegian Cruise Line Holdings Enters Into Agreement With Fincantieri for Three New Cruise Ships
NCLH
Published: February 16, 2026 by: GlobeNewsWire
Sentiment: Neutral

Agreements include one ship for each brand, Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises, strengthening long-term fleet growth through 2037 Agreements include one ship for each brand, Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises, strengthening long-term fleet growth through 2037

Read More
image for news Norwegian Cruise Line Holdings Enters Into Agreement With Fincantieri for Three New Cruise Ships
Here's Why Norwegian Cruise Line (NCLH) is a Strong Value Stock
NCLH
Published: February 13, 2026 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Read More
image for news Here's Why Norwegian Cruise Line (NCLH) is a Strong Value Stock
Norwegian Cruise Line Holdings Ltd. (NCLH) Is a Trending Stock: Facts to Know Before Betting on It
NCLH
Published: February 11, 2026 by: Zacks Investment Research
Sentiment: Positive

Zacks.com users have recently been watching Norwegian Cruise Line (NCLH) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Read More
image for news Norwegian Cruise Line Holdings Ltd. (NCLH) Is a Trending Stock: Facts to Know Before Betting on It
Oceania Cruises® Celebrates Record-Breaking Launch Day for Brand New Ship
NCLH
Published: February 02, 2026 by: PRNewsWire
Sentiment: Neutral

Oceania Sonata™ Outperformed the Previous Record Launch Day for a New Ship by 45% MIAMI, Feb. 2, 2026 /PRNewswire/ -- Oceania Cruises® , the world's leading culinary- and destination-focused luxury cruise line, achieved record-breaking booking levels on January 28, 2026, the opening day of reservations for its newest ship, Oceania Sonata. This surpassed the launch-day bookings of Oceania Cruises' previous new ship, Oceania Allura ™, by an impressive 45%.

Read More
image for news Oceania Cruises® Celebrates Record-Breaking Launch Day for Brand New Ship
Investors Heavily Search Norwegian Cruise Line Holdings Ltd. (NCLH): Here is What You Need to Know
NCLH
Published: January 28, 2026 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Norwegian Cruise Line (NCLH). This makes it worthwhile to examine what the stock has in store.

Read More
image for news Investors Heavily Search Norwegian Cruise Line Holdings Ltd. (NCLH): Here is What You Need to Know
Carnival vs. Norwegian Cruise: Which Stock Is Poised to Outperform?
CCL, NCLH
Published: January 27, 2026 by: Zacks Investment Research
Sentiment: Positive

CCL's earnings surge, strong booking visibility and rapid deleveraging give it an edge over NCLH as investors weigh cruise stocks.

Read More
image for news Carnival vs. Norwegian Cruise: Which Stock Is Poised to Outperform?
Here's Why Norwegian Cruise Line (NCLH) is a Strong Value Stock
NCLH
Published: January 26, 2026 by: Zacks Investment Research
Sentiment: Positive

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Read More
image for news Here's Why Norwegian Cruise Line (NCLH) is a Strong Value Stock
NORWEGIAN CRUISE LINE® OPENS FOR SALE ITS LARGEST AND MOST ILLUMINATING SHIP - THE ALL-NEW NORWEGIAN AURA™
NCLH
Published: January 15, 2026 by: PRNewsWire
Sentiment: Neutral

– Norwegian Aura™ Now Available to Book with First Voyages Setting Sail in May 2027 – – NCL's Next Cutting-Edge Ship Will Homeport in Miami, Offering Seven-Day Caribbean Sailings with Calls to Great Stirrup Cay, the Brand's Newly Enhanced Private Island in the Bahamas – – Ocean Heights™, an Open-Air Activities Complex, to Debut as the Hallmark Onboard Attraction Curated for Multi-Generational Families with the Most Slides of any NCL Ship, Thrilling Ropes Course, Overhanging Cabanas and More – – Additional images available for media download here – MIAMI, Jan. 15, 2026 /PRNewswire/ -- Norwegian Cruise Line (NCL), the innovator …

Read More
image for news NORWEGIAN CRUISE LINE® OPENS FOR SALE ITS LARGEST AND MOST ILLUMINATING SHIP - THE ALL-NEW NORWEGIAN AURA™
Why Norwegian Cruise Line (NCLH) is a Top Momentum Stock for the Long-Term
NCLH
Published: January 14, 2026 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Read More
image for news Why Norwegian Cruise Line (NCLH) is a Top Momentum Stock for the Long-Term
Norwegian Cruise Line Holdings Ltd. (NCLH) is Attracting Investor Attention: Here is What You Should Know
NCLH
Published: January 14, 2026 by: Zacks Investment Research
Sentiment: Positive

Norwegian Cruise Line (NCLH) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Read More
image for news Norwegian Cruise Line Holdings Ltd. (NCLH) is Attracting Investor Attention: Here is What You Should Know
3 Cruise Line Stocks in Focus on Expected Demand Strength in 2026
CCL, NCLH, RCL
Published: January 13, 2026 by: Zacks Investment Research
Sentiment: Positive

Cruise demand is gaining steam, with RCL, CCL and NCLH seeing strong bookings, pricing power and investments that could support growth into 2026.

Read More
image for news 3 Cruise Line Stocks in Focus on Expected Demand Strength in 2026
NORWEGIAN CRUISE LINE IS MAKING A SPLASH THIS WINTER WITH THE OPENING OF AN ALL-NEW EXPANSIVE POOL AND MORE GUEST EXPERIENCES AT GREAT STIRRUP CAY, ITS PRIVATE ISLAND IN THE BAHAMAS
NCLH
Published: January 07, 2026 by: PRNewsWire
Sentiment: Neutral

– A 1.4 Acre Pool Area with New Cabanas, adults-only Vibe Shore Club, Splash Pad for Kids and More Are Now Open at the Company's Freshly Renovated Private Island – – In 2026, 17 of NCL's Ships Will Offer Caribbean, Bahamas and Weekend Cruises That Visit Great Stirrup Cay, Offering Travelers an Unforgettable "Escape to The Great Life" – – Images of Great Stirrup Cay available for media download here – MIAMI, Jan. 7, 2026 /PRNewswire/ -- Norwegian Cruise Line ® (NCL), the innovator in global cruise travel, has unveiled new images of the first highly anticipated enhancements to Great …

Read More
image for news NORWEGIAN CRUISE LINE IS MAKING A SPLASH THIS WINTER WITH THE OPENING OF AN ALL-NEW EXPANSIVE POOL AND MORE GUEST EXPERIENCES AT GREAT STIRRUP CAY, ITS PRIVATE ISLAND IN THE BAHAMAS
Oceania Cruises® Unveils Dramatically Evolved Suites for Oceania Sonata™
NCLH
Published: January 06, 2026 by: PRNewsWire
Sentiment: Neutral

A New Era of Luxury at Sea Dawns with Oceania Cruises' Sonata Class MIAMI, Jan. 6, 2026 /PRNewswire/ -- Oceania Cruises® , the world's leading culinary- and destination-focused luxury cruise line, unveils lavishly reimagined and newly designed suite accommodations aboard Oceania Sonata, the first ship in the highly anticipated Sonata Class, debuting August 2027. Designed with the modern luxury traveler in mind, Oceania Sonata will offer a greater variety and number of suites, with 33% of accommodations dedicated to suites.

Read More
image for news Oceania Cruises® Unveils Dramatically Evolved Suites for Oceania Sonata™
NCLH's Profitability Profile Improves: Is the Turnaround Taking Hold?
NCLH
Published: January 02, 2026 by: Zacks Investment Research
Sentiment: Positive

Norwegian Cruise signals 2026 as a turning point as occupancy stays above norms, costs stay disciplined and EBITDA margins expand toward durable growth.

Read More
image for news NCLH's Profitability Profile Improves: Is the Turnaround Taking Hold?
CCL vs. NCLH: Which Cruise Stock Is Better Positioned for 2026?
CCL, NCLH
Published: December 31, 2025 by: Zacks Investment Research
Sentiment: Neutral

Carnival and Norwegian Cruise take different paths on growth, costs and leverage as investors weigh which operator looks better set for 2026.

Read More
image for news CCL vs. NCLH: Which Cruise Stock Is Better Positioned for 2026?
NORWEGIAN CRUISE LINE® UNVEILS SUN-SOAKED WINTER 2027/28 DEPLOYMENT AND BRINGS BACK FREE AT SEA PLUS™ BY POPULAR DEMAND DELIVERING PREMIUM OFFERINGS
NCLH
Published: December 17, 2025 by: PRNewsWire
Sentiment: Neutral

- New Season of Sailings Features Over 370 Voyages Across Nearly 50 Countries, Including Two Prima Class Ships in San Juan, Expanded Caribbean Adventures as well as Once-in-a-Lifetime Journeys in Asia, Australia and New Zealand – - Beginning with Sailings Departing from Feb. 1, 2026, Guests Can Opt in for Free at Sea Plus™ for Additional Unlimited Perks on Starbucks®, Streaming Wi-Fi, Premium Drinks and More - MIAMI , Dec. 17, 2025 /PRNewswire/ -- Norwegian Cruise Line (NCL), the innovator in global cruise travel with a 59-year history of breaking boundaries, today announced its highly anticipated winter 2027/28 deployment and …

Read More
image for news NORWEGIAN CRUISE LINE® UNVEILS SUN-SOAKED WINTER 2027/28 DEPLOYMENT AND BRINGS BACK FREE AT SEA PLUS™ BY POPULAR DEMAND DELIVERING PREMIUM OFFERINGS
NCLH's Debt Refinancing Momentum Builds: Is Balance Sheet Risk Easing?
NCLH
Published: December 16, 2025 by: Zacks Investment Research
Sentiment: Positive

Norwegian Cruise refinances about $2B of debt, removes secured notes, extends maturities and cuts share count, all while keeping leverage essentially flat.

Read More
image for news NCLH's Debt Refinancing Momentum Builds: Is Balance Sheet Risk Easing?
Death Cross Alert: Norwegian Cruise Stock Turns Bearish As Leadership Shifts
NCLH
Published: December 15, 2025 by: Benzinga
Sentiment: Negative

Norwegian Cruise Line Holdings Ltd's (NYSE: NCLH) stock just flashed a signal traders rarely ignore — and it comes at an awkward moment. NCLH has now printed a Death Cross , with the 50-day moving average slipping below the 200-day, signaling that short-term momentum has overtaken the longer-term trend to the downside.

Read More
image for news Death Cross Alert: Norwegian Cruise Stock Turns Bearish As Leadership Shifts
Here's Why Norwegian Cruise Line (NCLH) is a Strong Value Stock
NCLH
Published: December 12, 2025 by: Zacks Investment Research
Sentiment: Positive

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Read More
image for news Here's Why Norwegian Cruise Line (NCLH) is a Strong Value Stock
Norwegian Cruise Line Holdings Ltd. (NCLH) Is a Trending Stock: Facts to Know Before Betting on It
NCLH
Published: December 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Norwegian Cruise Line (NCLH) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Read More
image for news Norwegian Cruise Line Holdings Ltd. (NCLH) Is a Trending Stock: Facts to Know Before Betting on It
Norwegian Cruise Line Can See Price Improvements
NCLH
Published: December 10, 2025 by: Seeking Alpha
Sentiment: Neutral

Norwegian Cruise Line Holdings (NCLH) is the worst performing cruise stock this year, with a 26% drop since September alone. While revenue growth is slowing down for the sector, NCLH has shown itself to be the most vulnerable, even missing analysts' estimates for three consecutive quarters. However, after its Q3 2025 results, the revenue outlook for Q4 2025 has actually improved. The company has also raised its adjusted EPS target slightly.

Read More
image for news Norwegian Cruise Line Can See Price Improvements

About Norwegian Cruise Line Holdings Ltd. (NCLH)

  • IPO Date 2013-01-18
  • Website https://www.nclhltd.com
  • Industry Travel Services
  • CEO John W. Chidsey
  • Employees 41700

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various locations, including destinations in Scandinavia, Russia, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean. As of December 31, 2021, the company had 28 ships with approximately 59,150 berths. It distributes its products through retail/travel advisor and onboard cruise sales channels, as well as meetings, incentives, and charters. Norwegian Cruise Line Holdings Ltd. was founded in 1966 and is based in Miami, Florida.