BofA lowered the firm’s price target on Norwegian Cruise Line (NCLH) to $22 from $25 and keeps a Neutral rating on the shares after the company materially reset 2026 expectations. The firm lowered its Q2 constant currency net yields to in-line with guidance, noting that its 2026 EPS estimate of $1.68 is above the guidance midpoint of $1.62 as it flows through lower fuel versus guidance using spot rates.
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Read More on NCLH:
- Norwegian Cruise Line price target lowered to $14 from $18 at Goldman Sachs
- Norwegian Cruise Line price target lowered to $19 from $21 at Barclays
- Norwegian Cruise Line: Hold Rating Reaffirmed as Weaker Outlook Offsets Cost Savings; $25 Price Target Maintained
- Analyst Maintains Hold on Norwegian Cruise Line With Unchanged $23 Price Target Amid Guidance Cuts and Valuation Concerns
- Norwegian Cruise Line price target lowered to $21 from $25 at Citi