Norwegian Cruise Line Holdings (NCLH) is trading down at $15.20 (-2.00%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Consumer Discretionary sector.
One firm's current price target on Norwegian Cruise Line Holdings: $17 — 12% above the current $15.2. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $4.87B | $5.40B | $6.06B | $6.46B | $1.28B | $648.0M | $4.84B | $8.55B | $9.48B | $9.83B |
| Growth (year over year) | +12.2% | +10.7% | +12.2% | +6.7% | −80.2% | −49.4% | +647.5% | +76.5% | +10.9% | +3.7% |
| Gross profit | — | — | — | $2.80B | −$413.2M | −$960.1M | $576.7M | $3.08B | $3.79B | $4.19B |
| Gross margin | — | — | — | 43.3% | −32.3% | −148.2% | 11.9% | 36.0% | 40.0% | 42.6% |
| Operating income | $925.5M | $1.05B | $1.22B | $1.18B | −$3.48B | −$2.55B | −$1.55B | $930.9M | $1.47B | $1.56B |
| Operating margin | 19.0% | 19.4% | 20.1% | 18.2% | −272.2% | −393.9% | −32.0% | 10.9% | 15.5% | 15.9% |
| Net income | $633.1M | $759.9M | $954.8M | $930.2M | −$4.01B | −$4.51B | −$2.27B | $166.2M | $910.3M | $423.2M |
| Net margin | 13.0% | 14.1% | 15.8% | 14.4% | −313.5% | −695.5% | −46.9% | 1.9% | 9.6% | 4.3% |
| EPS (diluted) | $2.78 | $3.31 | $4.25 | $4.30 | −$15.75 | −$12.33 | −$5.41 | $0.39 | $1.89 | $0.92 |
| Balance sheet | ||||||||||
| Cash and equivalents | $128.3M | $176.2M | $163.9M | $252.9M | $3.30B | $1.51B | $947.0M | $402.4M | $190.8M | $209.9M |
| Total assets | $13.0B | $14.1B | $15.2B | $16.7B | $18.4B | $18.7B | $18.6B | $19.5B | $20.0B | $22.5B |
| Total liabilities | $8.44B | $8.35B | $9.24B | $10.2B | $14.0B | $16.3B | $18.5B | $19.2B | $18.5B | $20.3B |
| Long-term debt | $5.84B | $5.69B | $5.81B | $6.06B | $11.7B | $11.6B | $12.6B | $12.3B | $11.8B | $13.7B |
| Shareholders' equity | $4.54B | $5.75B | $5.96B | $6.52B | $4.35B | $2.43B | $68.6M | $300.8M | $1.43B | $2.21B |
| Cash flow | ||||||||||
| Operating cash flow | $1.26B | $1.60B | $2.08B | $1.82B | −$2.56B | −$2.47B | $210.0M | $2.01B | $2.05B | $2.09B |
| Capital expenditure | $1.09B | $1.37B | $1.57B | $1.64B | $946.5M | $752.8M | $1.78B | $2.75B | $1.21B | $3.26B |
| Free cash flow | $172.0M | $229.0M | $508.4M | $185.4M | −$3.50B | −$3.22B | −$1.57B | −$744.6M | $838.9M | −$1.17B |
| Share buybacks | $50.0M | — | $664.8M | $349.9M | — | — | — | — | — | — |
| Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $2.81B | $2.11B | $2.13B | $2.52B | $2.94B | $2.24B | $2.33B | $2.64B |
| Growth (year over year) | +10.7% | +6.2% | −2.9% | +6.1% | +4.7% | +6.4% | +9.6% | +4.9% |
| Gross profit | $1.27B | $801.8M | $823.6M | $1.06B | $1.38B | $920.9M | $953.3M | $1.05B |
| Gross margin | 45.2% | 38.0% | 38.7% | 42.1% | 47.1% | 41.0% | 40.9% | 39.9% |
| Operating income | $691.2M | $214.7M | $200.9M | $423.8M | $749.4M | $186.6M | $232.9M | $363.3M |
| Operating margin | 24.6% | 10.2% | 9.4% | 16.8% | 25.5% | 8.3% | 10.0% | 13.8% |
| Net income | $474.9M | $254.5M | −$40.3M | $30.0M | $419.3M | $14.3M | $104.7M | $222.6M |
| Net margin | 16.9% | 12.1% | −1.9% | 1.2% | 14.3% | 0.6% | 4.5% | 8.4% |
| EPS (diluted) | $0.95 | $0.55 | −$0.09 | $0.07 | $0.86 | $0.08 | $0.23 | $0.48 |
| Balance sheet | ||||||||
| Cash and equivalents | $332.5M | $190.8M | $184.4M | $184.0M | $166.8M | $209.9M | $185.0M | $218.1M |
| Total assets | $19.8B | $20.0B | $21.4B | $21.6B | $22.2B | $22.5B | $23.8B | $24.0B |
| Total liabilities | $18.7B | $18.5B | $19.9B | $20.0B | $20.0B | $20.3B | $21.4B | $21.4B |
| Long-term debt | $11.8B | $11.8B | $12.9B | $12.6B | $13.6B | $13.7B | $14.0B | $13.9B |
| Shareholders' equity | $1.14B | $1.43B | $1.42B | $1.57B | $2.19B | $2.21B | $2.43B | $2.57B |
| Cash flow | ||||||||
| Operating cash flow | $172.5M | $399.3M | $679.2M | $714.9M | $236.6M | $459.1M | $811.5M | $602.6M |
| Capital expenditure | $368.0M | $243.4M | $1.53B | $333.6M | $963.1M | $437.6M | $1.44B | $457.7M |
| Free cash flow | −$195.5M | $155.8M | −$846.0M | $381.2M | −$726.5M | $21.5M | −$625.2M | $144.9M |
From Norwegian Cruise Line Holdings's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
Norwegian Cruise Line Holdings Ltd. (NCLH) is a holding company that is based in the United States and domiciled in Bermuda. It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world. It is a publicly traded company listed on the New York Stock Exchange.
Source: Wikipedia — Norwegian Cruise Line Holdings
Norwegian Cruise Line stock rises on upbeat Q3 forecast
Norwegian Cruise Line stock rises on upbeat Q3 forecast
Norwegian Cruise Line stock hits 52-week low at 14.18 USD
Norwegian Cruise Line stock hits 52-week low at 14.18 USD
Norwegian Cruise Line Just Dropped 16% in a Month: Sell Now, or Buy More?
Norwegian Cruise Line Just Dropped 16% in a Month: Sell Now, or Buy More?
Norwegian Cruise Line Drops 5%, Carnival Falls 4%, Royal Caribbean Slips 3% as Oil Climbs
Norwegian Cruise Line Drops 5%, Carnival Falls 4%, Royal Caribbean Slips 3% as Oil Climbs
Norwegian Cruise Line rating cut at Mizuho after ‘self-inflicted wounds’
Norwegian Cruise Line rating cut at Mizuho after ‘self-inflicted wounds’