Norwegian Cruise Line (NCLH) Stock Forecast, Price Target & Predictions

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NCLH Stock Forecast

Norwegian Cruise Line stock forecast is as follows: an average price target of $24.00 (represents a -12.09% downside from NCLH’s last price of $27.30) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

NCLH Price Target

The average price target for Norwegian Cruise Line (NCLH) is $24.00 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $36.00 to $14.00. This represents a potential -12.09% downside from NCLH's last price of $27.30.

NCLH Analyst Ratings

Buy

According to 12 Wall Street analysts, Norwegian Cruise Line's rating consensus is 'Buy'. The analyst rating breakdown for NCLH stock is 0 'Strong Buy' (0.00%), 6 'Buy' (50.00%), 5 'Hold' (41.67%), 1 'Sell' (8.33%), and 0 'Strong Sell' (0.00%).

Norwegian Cruise Line Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 11, 2024	Ivan Feinseth	Tigress Financial	$36.00	$27.82	29.40%	31.87%
Nov 01, 2024	Paul Golding	Macquarie	$30.00	$24.88	20.58%	9.89%
Oct 30, 2024	Stephen Grambling	Morgan Stanley	$19.00	$23.96	-20.70%	-30.40%
Oct 22, 2024	Brandt Montour	Barclays	$26.00	$23.71	9.66%	-4.76%
Oct 09, 2024	James Hardiman	Citigroup	$30.00	$23.07	30.04%	9.89%
Oct 04, 2024	Steven Wieczynski	Stifel Nicolaus	$29.00	$20.39	42.23%	6.23%
Sep 11, 2024	Ben Chaiken	Mizuho Securities	$26.00	$17.94	44.90%	-4.76%
May 29, 2024	Patrick Scholes	Truist Financial	$21.00	$16.56	26.81%	-23.08%
May 28, 2024	Ben Chaiken	Mizuho Securities	$24.00	$16.00	50.00%	-12.09%
May 21, 2024	Chris Woronka	Deutsche Bank	$20.00	$16.94	18.06%	-26.74%

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The latest Norwegian Cruise Line stock forecast, released on Nov 11, 2024 by Ivan Feinseth from Tigress Financial, set a price target of $36.00, which represents a 29.40% increase from the stock price at the time of the forecast ($27.82), and a 31.87% increase from NCLH last price ($27.30).

Norwegian Cruise Line Price Target by Period

	1M	3M	12M
# Anlaysts	4	7	18
Avg Price Target	$27.75	$28.00	$23.89
Last Closing Price	$27.30	$27.30	$27.30
Upside/Downside	1.65%	2.56%	-12.49%

In the current month, the average price target of Norwegian Cruise Line stock is $27.75, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 1.65% increase as opposed to Norwegian Cruise Line's last price of $27.30. This month's average price target is down -0.89% compared to last quarter, and up 16.16% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 30, 2024	Morgan Stanley	Underweight	Underweight	Hold
Oct 22, 2024	Barclays	Equal-Weight	Equal-Weight	Hold
Oct 04, 2024	Truist Financial	Buy	Buy	Hold
Oct 04, 2024	Tigress Financial	Underperform	Underperform	Hold
Sep 16, 2024	Susquehanna	Underperform	Underperform	Hold
Sep 16, 2024	Tigress Financial	Strong Buy	Strong Buy	Hold
Sep 04, 2024	Goldman Sachs	Neutral	Neutral	Hold
Aug 01, 2024	Macquarie	Outperform	Outperform	Hold
Aug 01, 2024	Wells Fargo	Equal-Weight	Equal-Weight	Hold
Aug 01, 2024	Barclays	Equal-Weight	Equal-Weight	Hold

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Norwegian Cruise Line's last stock rating was published by Morgan Stanley on Oct 30, 2024. The company gave NCLH a "Underweight" rating, the same as its previous rate.

Norwegian Cruise Line Financial Forecast

Norwegian Cruise Line Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$1.99B	$2.54B	$2.21B	$1.82B	$1.52B	$1.62B	$1.19B	$521.94M	$487.44M	$153.08M	$4.37M	$3.10M	$9.58M	$6.52M	$16.93M	$1.25B	$1.48B	$1.91B
Avg Forecast	$2.51B	$3.32B	$2.78B	$2.49B	$2.32B	$3.08B	$2.58B	$2.21B	$2.09B	$2.77B	$2.38B	$2.23B	$1.97B	$2.53B	$2.17B	$1.74B	$1.50B	$1.58B	$1.26B	$737.48M	$571.85M	$233.39M	$10.02M	$11.19M	$2.61M	$10.60M	$25.48M	$1.28B	$1.43B	$1.89B
High Forecast	$2.57B	$3.40B	$2.85B	$2.55B	$2.37B	$3.16B	$2.64B	$2.26B	$2.17B	$2.77B	$2.38B	$2.23B	$2.01B	$2.53B	$2.22B	$1.79B	$1.54B	$1.58B	$1.26B	$737.48M	$571.85M	$233.39M	$10.02M	$11.19M	$2.61M	$10.60M	$25.48M	$1.28B	$1.43B	$1.89B
Low Forecast	$2.44B	$3.23B	$2.71B	$2.42B	$2.26B	$3.00B	$2.51B	$2.15B	$2.02B	$2.76B	$2.38B	$2.23B	$1.90B	$2.52B	$2.11B	$1.70B	$1.46B	$1.58B	$1.26B	$737.48M	$571.85M	$233.39M	$10.02M	$11.19M	$2.61M	$10.60M	$25.48M	$1.28B	$1.43B	$1.89B
# Analysts	3	3	4	5	4	5	2	7	9	4	7	4	9	4	6	4	3	7	4	3	4	7	4	4	10	16	8	11	7	11
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	1.00%	1.02%	1.05%	1.01%	1.02%	0.94%	0.71%	0.85%	0.66%	0.44%	0.28%	3.68%	0.61%	0.66%	0.97%	1.04%	1.01%

Norwegian Cruise Line's average Quarter revenue forecast for Mar 24 based on 4 analysts is $2.23B, with a low forecast of $2.23B, and a high forecast of $2.23B. NCLH's average Quarter revenue forecast represents a 12.03% increase compared to the company's last Quarter revenue of $1.99B (Dec 23).

Norwegian Cruise Line EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	3	3	4	5	4	5	2	7	9	4	7	4	9	4	6	4	3	7	4	3	4	7	4	4	10	16	8	11	7	11
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-89.98M	$760.05M	$479.11M	$212.44M	$-102.86M	$48.33M	$-169.96M	$-455.17M	$-422.75M	$-495.86M	$-390.97M	$-360.21M	$-443.79M	$-355.63M	$-425.65M	$-1.62B	$356.70M	$678.00M
Avg Forecast	$-873.08M	$-1.15B	$-967.75M	$-866.37M	$-805.96M	$-1.07B	$-896.56M	$-769.38M	$-728.05M	$-962.45M	$-827.90M	$-446.37M	$-683.92M	$-878.74M	$-753.39M	$-405.79M	$-308.81M	$-550.68M	$-439.47M	$-368.90M	$-198.90M	$-81.17M	$-3.49M	$-363.73M	$-906.50K	$-3.69M	$-8.86M	$-1.33B	$-496.52M	$-656.60M
High Forecast	$-849.83M	$-1.12B	$-941.97M	$-843.30M	$-784.50M	$-1.04B	$-872.68M	$-748.95M	$-703.55M	$-960.10M	$-827.82M	$-357.09M	$-659.86M	$-877.94M	$-733.32M	$-324.63M	$-247.05M	$-550.68M	$-439.47M	$-295.12M	$-198.90M	$-81.17M	$-3.49M	$-290.98M	$-906.50K	$-3.69M	$-8.86M	$-1.06B	$-496.52M	$-656.60M
Low Forecast	$-894.73M	$-1.18B	$-991.74M	$-887.85M	$-825.95M	$-1.10B	$-918.79M	$-786.40M	$-756.06M	$-964.79M	$-827.98M	$-535.64M	$-697.67M	$-879.54M	$-772.07M	$-486.94M	$-370.57M	$-550.68M	$-439.47M	$-442.68M	$-198.90M	$-81.17M	$-3.49M	$-436.48M	$-906.50K	$-3.69M	$-8.86M	$-1.59B	$-496.52M	$-656.60M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.13%	-0.86%	-0.64%	-0.52%	0.33%	-0.09%	0.39%	1.23%	2.13%	6.11%	112.14%	0.99%	489.56%	96.43%	48.02%	1.22%	-0.72%	-1.03%

9 analysts predict NCLH's average Quarter EBITDA for Dec 23 to be $-683.92M, with a high of $-659.86M and a low of $-697.67M. This is -189.98% lower than Norwegian Cruise Line's previous annual EBITDA (Sep 23) of $760.05M.

Norwegian Cruise Line Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	3	3	4	5	4	5	2	7	9	4	7	4	9	4	6	4	3	7	4	3	4	7	4	4	10	16	8	11	7	11
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-106.48M	$345.87M	$86.12M	$-159.32M	$-482.48M	$-295.39M	$-509.32M	$-982.71M	$-1.57B	$-845.88M	$-717.79M	$-1.37B	$-738.93M	$-677.37M	$-715.24M	$-1.88B	$121.30M	$450.58M
Avg Forecast	$143.96M	$689.66M	$314.57M	$153.54M	$91.32M	$615.16M	$269.95M	$75.42M	$51.43M	$484.15M	$176.95M	$-963.70M	$-60.62M	$352.07M	$134.21M	$-876.09M	$-1.15B	$-364.81M	$-449.97M	$-796.45M	$-825.54M	$-1.04B	$-1.01B	$-1.38B	$-1.12B	$-1.15B	$-1.16B	$-1.54B	$359.32M	$1.11B
High Forecast	$148.60M	$711.89M	$324.72M	$158.49M	$94.27M	$634.99M	$278.65M	$104.93M	$74.28M	$488.25M	$177.27M	$-770.96M	$-51.30M	$353.10M	$138.54M	$-700.87M	$-919.06M	$-364.81M	$-449.97M	$-637.16M	$-825.54M	$-1.04B	$-1.01B	$-1.11B	$-1.12B	$-1.15B	$-1.16B	$-1.23B	$359.32M	$1.11B
Low Forecast	$138.97M	$665.79M	$303.68M	$148.23M	$88.16M	$593.87M	$260.60M	$49.19M	$34.28M	$480.06M	$176.62M	$-1.16B	$-69.95M	$351.03M	$129.56M	$-1.05B	$-1.38B	$-364.81M	$-449.97M	$-955.74M	$-825.54M	$-1.04B	$-1.01B	$-1.66B	$-1.12B	$-1.15B	$-1.16B	$-1.85B	$359.32M	$1.11B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.76%	0.98%	0.64%	0.18%	0.42%	0.81%	1.13%	1.23%	1.91%	0.81%	0.71%	0.99%	0.66%	0.59%	0.62%	1.22%	0.34%	0.41%

Norwegian Cruise Line's average Quarter net income forecast for Dec 23 is $-60.62M, with a range of $-69.95M to $-51.30M. NCLH's average Quarter net income forecast represents a -117.53% decrease compared to the company's last Quarter net income of $345.87M (Sep 23).

Norwegian Cruise Line SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	3	3	4	5	4	5	2	7	9	4	7	4	9	4	6	4	3	7	4	3	4	7	4	4	10	16	8	11	7	11
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$328.26M	$325.37M	$352.22M	$336.01M	$378.53M	$375.29M	$329.08M	$296.21M	$273.63M	$229.14M	$185.48M	$203.19M	$349.47M	$334.14M	$310.69M	$468.89M	$393.82M	$411.36M
Avg Forecast	$1.28B	$1.69B	$1.42B	$1.27B	$1.18B	$1.57B	$1.31B	$1.13B	$1.07B	$1.41B	$1.21B	$290.48M	$1.00B	$1.29B	$1.10B	$264.07M	$199.88M	$807.65M	$644.55M	$240.06M	$291.71M	$119.06M	$5.11M	$5.71M	$1.33M	$5.41M	$13.00M	$383.37M	$728.23M	$963.00M
High Forecast	$1.31B	$1.74B	$1.45B	$1.30B	$1.21B	$1.61B	$1.35B	$1.15B	$1.11B	$1.42B	$1.21B	$348.57M	$1.02B	$1.29B	$1.13B	$316.88M	$239.86M	$807.65M	$644.55M	$288.08M	$291.71M	$119.06M	$5.11M	$5.71M	$1.33M	$5.41M	$13.00M	$460.05M	$728.23M	$963.00M
Low Forecast	$1.25B	$1.65B	$1.38B	$1.24B	$1.15B	$1.53B	$1.28B	$1.10B	$1.03B	$1.41B	$1.21B	$232.38M	$967.79M	$1.29B	$1.08B	$211.26M	$159.90M	$807.65M	$644.55M	$192.05M	$291.71M	$119.06M	$5.11M	$5.71M	$1.33M	$5.41M	$13.00M	$306.70M	$728.23M	$963.00M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.33%	0.25%	0.32%	1.27%	1.89%	0.46%	0.51%	1.23%	0.94%	1.92%	36.28%	35.61%	262.85%	61.78%	23.90%	1.22%	0.54%	0.43%

Norwegian Cruise Line's average Quarter SG&A projection for Mar 24 is $290.48M, based on 4 Wall Street analysts, with a range of $232.38M to $348.57M. The forecast indicates a -11.51% fall compared to NCLH last annual SG&A of $328.26M (Dec 23).

Norwegian Cruise Line EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	3	3	4	5	4	5	2	7	9	4	7	4	9	4	6	4	3	7	4	3	4	7	4	4	10	16	8	11	7	11
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.25	$0.81	$0.20	$-0.38	$-1.14	$-0.70	$-1.22	$-2.35	$-4.01	$-2.29	$-1.94	$-4.16	$-2.51	$-2.50	$-2.99	$-8.80	$0.57	$2.10
Avg Forecast	$0.28	$1.34	$0.61	$0.30	$0.18	$1.20	$0.53	$0.15	$0.10	$0.94	$0.34	$0.09	$-0.12	$0.68	$0.26	$-0.42	$-0.86	$-0.71	$-0.88	$-1.55	$-1.61	$-2.03	$-1.97	$-2.02	$-2.17	$-2.25	$-2.26	$-0.34	$0.70	$2.16
High Forecast	$0.29	$1.39	$0.63	$0.31	$0.18	$1.24	$0.54	$0.20	$0.14	$0.95	$0.34	$0.09	$-0.10	$0.69	$0.27	$-0.41	$-0.83	$-0.71	$-0.88	$-1.55	$-1.61	$-2.03	$-1.97	$-2.02	$-2.17	$-2.25	$-2.26	$-0.34	$0.70	$2.16
Low Forecast	$0.27	$1.30	$0.59	$0.29	$0.17	$1.16	$0.51	$0.10	$0.07	$0.93	$0.34	$0.09	$-0.14	$0.68	$0.25	$-0.44	$-0.88	$-0.71	$-0.88	$-1.55	$-1.61	$-2.03	$-1.97	$-2.02	$-2.17	$-2.25	$-2.26	$-0.34	$0.70	$2.16
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	2.12%	1.18%	0.77%	0.90%	1.33%	0.99%	1.39%	1.52%	2.49%	1.13%	0.99%	2.06%	1.15%	1.11%	1.32%	26.21%	0.81%	0.97%

According to 9 Wall Street analysts, Norwegian Cruise Line's projected average Quarter EPS for Dec 23 is $-0.12, with a low estimate of $-0.14 and a high estimate of $-0.10. This represents a -114.56% decrease compared to NCLH previous annual EPS of $0.81 (Sep 23).

Norwegian Cruise Line Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
TRIP	Tripadvisor	$14.40	$26.82	86.25%	Buy
ABNB	Airbnb	$132.76	$142.03	6.98%	Hold
CCL	Carnival	$24.55	$23.09	-5.95%	Buy
EXPE	Expedia Group	$180.33	$169.35	-6.09%	Hold
NCLH	Norwegian Cruise Line	$27.30	$24.00	-12.09%	Buy
BKNG	Booking	$4.99K	$3.83K	-23.15%	Buy
RCL	Royal Caribbean Cruises	$234.25	$162.73	-30.53%	Buy

NCLH Forecast FAQ

Is Norwegian Cruise Line a good buy?

Yes, according to 12 Wall Street analysts, Norwegian Cruise Line (NCLH) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 50.00% of NCLH's total ratings.

What is NCLH's price target?

Norwegian Cruise Line (NCLH) average price target is $24 with a range of $14 to $36, implying a -12.09% from its last price of $27.3. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Norwegian Cruise Line stock go up soon?

According to Wall Street analysts' prediction for NCLH stock, the company can go down by -12.09% (from the last price of $27.3 to the average price target of $24), up by 31.87% based on the highest stock price target, and down by -48.72% based on the lowest stock price target.

Can Norwegian Cruise Line stock reach $40?

NCLH's average twelve months analyst stock price target of $24 does not support the claim that Norwegian Cruise Line can reach $40 in the near future.

What is Norwegian Cruise Line's current price target trend?

4 Wall Street analysts forecast a $27.75 price target for Norwegian Cruise Line (NCLH) this month, up 1.65% from its last price of $27.3. Compared to the last 3 and 12 months, the average price target increased by 2.56% and decreased by -12.49%, respectively.

What are Norwegian Cruise Line's analysts' financial forecasts?

Norwegian Cruise Line's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $10.19B (high $10.43B, low $9.92B), average EBITDA is $-3.543B (high $-3.449B, low $-3.629B), average net income is $1.05B (high $1.11B, low $991.82M), average SG&A $5.2B (high $5.32B, low $5.06B), and average EPS is $2.05 (high $2.17, low $1.93). NCLH's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $11.1B (high $11.38B, low $10.81B), average EBITDA is $-3.862B (high $-3.759B, low $-3.958B), average net income is $1.3B (high $1.34B, low $1.26B), average SG&A $5.66B (high $5.8B, low $5.51B), and average EPS is $2.53 (high $2.61, low $2.44).

Did the NCLH's actual financial results beat the analysts' financial forecasts?

Based on Norwegian Cruise Line's last annual report (Dec 2023), the company's revenue was $8.55B, beating the average analysts forecast of $8.4B by 1.76%. Apple's EBITDA was $250.22M, missing the average prediction of $-2.722B by -109.19%. The company's net income was $166.18M, missing the average estimation of $-450M by -136.89%. Apple's SG&A was $1.34B, missing the average forecast of $3.66B by -63.35%. Lastly, the company's EPS was $0.392, missing the average prediction of $0.404 by -3.20%. In terms of the last quarterly report (Dec 2023), Norwegian Cruise Line's revenue was $1.99B, beating the average analysts' forecast of $1.97B by 1.02%. The company's EBITDA was $-89.979M, missing the average prediction of $-684M by -86.84%. Norwegian Cruise Line's net income was $-106M, beating the average estimation of $-60.621M by 75.66%. The company's SG&A was $328.26M, missing the average forecast of $1B by -67.27%. Lastly, the company's EPS was $-0.25, beating the average prediction of $-0.118 by 112.23%