Norwegian Cruise Line Holdings Ltd. (NCLH)

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

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Key Metrics & Ratings

  • symbol NCLH
  • Rev/Share 21.4914
  • Book/Share 4.8627
  • PB 4.5838
  • Debt/Equity 6.9972
  • CurrentRatio 0.1947
  • ROIC 0.0894

 

  • MktCap 10147689430.0
  • FreeCF/Share -2.296
  • PFCF -9.7998
  • PE 15.1504
  • 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
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
Initiation NCLH Jefferies -- Buy -- $25 March 31, 2025
Initiation NCLH Exane BNP Paribas -- Neutral -- $21 March 27, 2025

News

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%.

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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 …

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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.

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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.

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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 …

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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.

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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.

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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.

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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.

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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.

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image for news Norwegian Cruise Line Can See Price Improvements
Wall Street Analysts Think Norwegian Cruise Line (NCLH) Is a Good Investment: Is It?
NCLH
Published: December 10, 2025 by: Zacks Investment Research
Sentiment: Positive

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

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image for news Wall Street Analysts Think Norwegian Cruise Line (NCLH) Is a Good Investment: Is It?
Does NCLH's 20% Booking Surge Signal Stronger Consumer Demand in 2026?
NCLH
Published: December 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Norwegian Cruise Line's broad booking surge, rising load factors and new destination upgrades hint at strengthening cruise demand heading into 2026.

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image for news Does NCLH's 20% Booking Surge Signal Stronger Consumer Demand in 2026?
Why Is Norwegian Cruise Line (NCLH) Up 1.2% Since Last Earnings Report?
NCLH
Published: December 04, 2025 by: Zacks Investment Research
Sentiment: Positive

Norwegian Cruise Line (NCLH) reported earnings 30 days ago. What's next for the stock?

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image for news Why Is Norwegian Cruise Line (NCLH) Up 1.2% Since Last Earnings Report?
Norwegian Cruise 36% Below Its 52-Week High: Time to Buy the Stock?
NCLH
Published: December 04, 2025 by: Zacks Investment Research
Sentiment: Neutral

NCLH trades well below its 52-week high as strong bookings and new offerings clash with pricing pressure and elevated leverage.

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image for news Norwegian Cruise 36% Below Its 52-Week High: Time to Buy the Stock?
Can NCLH's Load-Factor Pivot Unlock the Next Phase of Yield Growth?
NCLH
Published: December 02, 2025 by: Zacks Investment Research
Sentiment: Positive

Norwegian Cruise leans on higher Load Factors, short-Caribbean growth and a revamped Great Stirrup Cay to drive sustained yield and margin gains into 2026.

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image for news Can NCLH's Load-Factor Pivot Unlock the Next Phase of Yield Growth?
Investors Heavily Search Norwegian Cruise Line Holdings Ltd. (NCLH): Here is What You Need to Know
NCLH
Published: November 27, 2025 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 Investors Heavily Search Norwegian Cruise Line Holdings Ltd. (NCLH): Here is What You Need to Know
Why Norwegian Cruise Line (NCLH) is a Top Value Stock for the Long-Term
NCLH
Published: November 26, 2025 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 Why Norwegian Cruise Line (NCLH) is a Top Value Stock for the Long-Term
CCL vs. NCLH: Which Cruise Stock Looks More Attractive for Now?
CCL, NCLH
Published: November 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Carnival and Norwegian Cruise take different routes on pricing, costs and leverage as investors assess which cruise operator looks stronger now.

Read More
image for news CCL vs. NCLH: Which Cruise Stock Looks More Attractive for Now?
NCLH Hits $1B in Quarterly EBITDA: Peak Performance or Just the Start?
NCLH
Published: November 20, 2025 by: Zacks Investment Research
Sentiment: Positive

Norwegian tops $1 billion in quarterly EBITDA as record demand, higher yields and soaring bookings fuel confidence in its profit expansion path.

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image for news NCLH Hits $1B in Quarterly EBITDA: Peak Performance or Just the Start?
NCLH Stock Slips 28% in 3 Months: Should You Buy, Sell or Hold?
NCLH
Published: November 18, 2025 by: Zacks Investment Research
Sentiment: Negative

Norwegian Cruise shares slide 28% in three months as pricing dilution, higher leverage and heavier Caribbean exposure pressure sentiment.

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image for news NCLH Stock Slips 28% in 3 Months: Should You Buy, Sell or Hold?
Here is What to Know Beyond Why Norwegian Cruise Line Holdings Ltd. (NCLH) is a Trending Stock
NCLH
Published: November 13, 2025 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 Here is What to Know Beyond Why Norwegian Cruise Line Holdings Ltd. (NCLH) is a Trending Stock
Here's Why Norwegian Cruise Line (NCLH) is a Strong Value Stock
NCLH
Published: November 10, 2025 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

About Norwegian Cruise Line Holdings Ltd. (NCLH)

  • IPO Date 2013-01-18
  • Website https://www.nclhltd.com
  • Industry Travel Services
  • CEO Harry J. Sommer
  • 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.