Norwegian Cruise Line Stock Surges Despite Analyst Cuts

Norwegian Cruise Line Holdings reported mixed quarterly results, with revenue growth but declining EBITDA. The company's stock gained 2.96 percent to $14.61 on September 25, 2026, despite analysts lowering their targets.

JPMorgan Chase and Truist Financial both cut their price targets for Norwegian Cruise Line Holdings, with JPMorgan now targeting $13.00 and Truist at $16.00. This split shows the stock's valuation is uncertain, depending on whether management can stabilize demand and yields.

The company reported second-quarter revenue of $2.64 billion, up 4.9 percent from a year earlier, but adjusted EBITDA declined 4.1 percent to $666 million. Norwegian Cruise Line Holdings also guided to an 8.9 percent decline in third-quarter net yield on a constant-currency basis.