Norwegian Cruise Line Holdings stock
NCLHNYSENorwegian Cruise Line Holdings Ltd., Consumer CyclicalISIN BMG667211046
53Score 53 out of 100, Neutral
Price and trend
63 / 100
Price history
−4.6% in one yearThe chart shows daily closes over 14 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 2.7% below it.
Since March 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 67).
The price is 28% below its 52-week high. Largest decline in 14 years: 88% (November 2015 to March 2020).
Chart figures for advanced users
- SMA 50$15.67
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$18.56
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)67
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$14.12
- The lowest closing price of the last twelve months.
- Resistance$25.02
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Norwegian Cruise Line Holdings Ltd. belongs to the Travel Services industry (United States) and, with a market value of $8.29B, is number 9 of 20 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $9.83B (up 3.7% year on year) and earnings of $423.25M (down 53.5%).
- For fiscal 2026, analysts expect on average revenue of $10.09B (up 2.7%) and adjusted earnings per share of $1.69 (down 18.1%).
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- MEQIRI Score 53 out of 100 (Neutral): rank 424 of 602 in Consumer Cyclical, median 61.
- The P/E is 10 (Travel Services median 16.7, own median of recent years 15.2).
- Our model puts fair value at $27.66, with the price 32% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Growing faster than its industryRevenue up 50.3% a year since 2020, Travel Services median 32.6%.Growth 70
- Modestly valuedP/E 10, Travel Services median 16.7, own median 15.2.Valuation 73
Weaknesses
- DilutionShare count up 79% since 2020.Capital allocation 33
- High debtDebt 4.79 times equity (latest quarter), Travel Services median 1.53.Stability 14
- Interest barely coveredOperating profit covers interest only 1.2 times.Stability 14
Its standout strengths are valuation and growth, while capital allocation and stability hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- weak fundamentals
- high price swings
Valuation
Valuation signal
Possible value trapClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $19.76 and expensive above $46.11 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $25.10 (cash-flow model) and $30.23 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is below both.
Calculated with a cost of equity of 12.8%. At 13.8% the fair value would be $26.32, at 11.8% it would be $29.35.
Possible value trap: looks cheap, but high risk.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (16.7).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 4.9% on the twelve months before. Revenue has grown solidly since 2006, at about 9% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 32%, operating 16%, net 4%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 1 Mar 2027in 108 days
- Last reported
- 29 Oct 2026EPS reported $1.12 (expected $0.93)above expectations
Analyst estimates
Analysts have cut their 2027 earnings estimate by 7.7% since 15 Oct 2026. Falling estimates often precede bad news.
- Earnings per share
- $1.69+9.1%
- Revenue
- $10.09B+0.4%
- Earnings per share
- $1.42−7.7%
- Revenue
- $10.59B+0.4%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +9.4%Norwegian raised its 2026 outlook: net yield is now expected to decline only about 4.4%, adjusted EBITDA guidance was raised to $2.55 billion and adjusted EPS guidance raised to $1.70.
“For the full year, we are carrying through the stronger-than-expected third quarter net yield performance and raising our full year net yield guidance to a decline of approximately 4.4% on a constant currency basis.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 29 Oct 2026 (fiscal Q3 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
3 insiders bought on the open market between 18 May 2026 and 22 May 2026, $3.2M in total.
- Chidsey JohnPurchase
22 May 2026, President and CEO
- Shares
- 153,000
- Price
- $16.37
- Value
- $2.5M
- Cohen Jonathan ZPurchase
20 May 2026, Board
- Shares
- 30,000
- Price
- $15.83
- Value
- $474,900
- Cil Jose E.Purchase
19 May 2026, Board
- Shares
- 10,000
- Price
- $14.91
- Value
- $149,100
Show 1 more
- Cil Jose E.Purchase
18 May 2026, Board
- Shares
- 5,000
- Price
- $15.25
- Value
- $76,250
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Norwegian Cruise Line Holdings
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
602 rated companies in Consumer Cyclical
- This company
- 53
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Travel Services
The next larger and next smaller companies by market value
- Viking HoldingsVIK $40.22B66
- Expedia GroupEXPE $29.74B72
- Trip.com GroupTCOM $28.74B58
- Hanjin Kal180640.KS $10.19B43
- MakeMyTripMMYT $4.97B54
- Travel + LeisureTNL $4.82B71
- TUITUI1.DE $4.37B60
- Lindblad Expeditions HoldingsLIND $2.29B51
ETFs that hold Norwegian Cruise Line Holdings
Held by 14 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Amundi Global Luxury UCITS ETF EUR AccGLUX | 0.85% | 0.35% | €411.57M |
| iShares S&P 500 Consumer Discretionary Sector UCITS ETFQDVK | 0.17% | 0.15% | €719.53M |
| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.15% | 0.43% | €2.48B |
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| iShares MSCI World Small Cap UCITS ETFIUSN | 0.08% | 0.35% | €8.19B |
| iShares MSCI World Small Cap CTB Enhanced ESG UCITS ETFCBUG | 0.07% | 0.35% | €434.1M |
| iShares S&P 500 Scored and Screened UCITS ETFCBUM | 0.02% | 0.10% | €329.49M |
| Amundi S&P 500 Screened UCITS ETF AccF500 | 0.02% | 0.12% | €5.8B |
| iShares Core S&P 500 UCITS ETFSXR8 | 0.01% | 0.07% | €137.76B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 28 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.