Steven Wieczynski, an analyst from Stifel Nicolaus, maintained the Buy rating on Lindblad Expeditions Holdings (LIND – Research Report). The associated price target was lowered to $17.00.
Steven Wieczynski has given his Buy rating due to a combination of factors that highlight Lindblad Expeditions Holdings’ promising outlook. The company’s recent performance in the first quarter of 2025 was notably strong, with a significant increase in occupancy rates and net yield growth, indicating robust demand and effective pricing strategies. This performance suggests that Lindblad is on track to return to pre-pandemic levels of operation by 2026, despite current capacity constraints due to drydock days.
Furthermore, the partnership with Disney is expected to provide substantial long-term benefits, leveraging Disney’s extensive customer base to drive demand. The company’s strategic initiatives, including an expanded salesforce and dynamic pricing enhancements, are poised to deliver synergies that could accelerate EBITDA growth in the coming years. While macroeconomic uncertainties remain, the current valuation of Lindblad’s stock does not fully reflect its growth potential, justifying the Buy rating as the company is well-positioned for future expansion and profitability.
According to TipRanks, Wieczynski is a 5-star analyst with an average return of 10.0% and a 47.43% success rate. Wieczynski covers the Consumer Cyclical sector, focusing on stocks such as Royal Caribbean, Norwegian Cruise Line, and Lindblad Expeditions Holdings.