Norwegian Cruise Line stock gained 2.96 percent as targets fell

Published on 09/28/2026 at 12:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Norwegian Cruise Line stock stood at USD 14.61 on September 25, 2026, while JPMorgan cut its target to USD 13.00 from USD 17.00. Q2 revenue reached USD 2.64 billion, up 4.9 percent year over year.

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Norwegian Cruise Line stock (ISIN BMG667211046) gained 2.96 percent to a closing price of USD 14.61 on the NYSE on September 25, 2026. The move came as analysts reset their targets after second-quarter results and softer yield guidance.

Analysts lower their targets

In an analyst update dated September 24, 2026, JPMorgan Chase lowered its price target for Norwegian Cruise Line to USD 13.00 from USD 17.00 while maintaining a Neutral rating, according to The Globe and Mail. Truist Financial also cut its target to USD 16.00 from USD 20.00 and kept a Hold rating in the same dated update.

The USD 16.00 Truist target stands 9.51 percent above the September 25 closing price, while the USD 13.00 JPMorgan target sits below it. The split shows how the stock's valuation now depends heavily on whether management can stabilize demand and yields.

Revenue grows while EBITDA falls

Norwegian Cruise Line Holdings reported second-quarter 2026 revenue of USD 2.64 billion, up 4.9 percent from USD 2.52 billion a year earlier. GAAP net income rose to USD 222.553 million from USD 29.992 million, while diluted GAAP earnings per share reached USD 0.48 from USD 0.07, according to Yahoo Finance.

The quality of the quarter was mixed. Adjusted EBITDA declined 4.1 percent year over year to USD 666 million, although it exceeded the company's USD 632 million guidance. The company also guided to a 8.9 percent decline in third-quarter net yield on a constant-currency basis, highlighting the operating pressure behind the analyst cuts.

Debt remains a central risk

As of June 30, 2026, Norwegian Cruise Line Holdings had total debt of USD 15.0 billion and net leverage of 5.3 times. The same results update said the company identified an additional USD 100 million in expected annualized savings, giving cost control a larger role in the turnaround.

Norwegian Cruise Line stock had a 52-week range of USD 13.63 to USD 26.09 on September 25, 2026. Its market capitalization was USD 6.7 billion, with volume of 18,649,147 shares, while the stock's daily range was USD 14.12 to USD 14.87.