Home›Earnings›Analyst Ratings›Norwegian Cruise Line shares lag as analysts see EPS d…

Norwegian Cruise Line shares lag as analysts see EPS decline ahead

Analysts project NCLH will report adjusted EPS of $1.51 for 2026, down 21.4% year over year, while the stock has fallen 4.9% year to date.

Thursday, July 30, 2026 · Written up by our desk · Analyst Ratings

Norwegian Cruise Line Holdings Ltd. has underperformed the broader market over the past year and during 2026, even as recent sentiment improved after Middle East tensions eased and oil prices dropped. According to Yahoo Finance, NCLH is valued at about $9.2 billion and has gained 11.1% over the past 52 weeks, but is down 4.9% year to date. Over the same periods, the S&P 500 returned 16.3% over the past year and rose 8.5% in 2026, while NCLH has also outpaced the State Street Consumer Discretionary Select Sector SPDR ETF's marginal decline over 52 weeks and a 5.8% decrease year to date.

The cruise operator has trailed peers amid concerns about sluggish demand, with passenger cruise days growing more slowly than expected over the past two years. The company has also faced scrutiny for negative free cash flow and limited liquidity, raising worries it could need additional capital that may dilute shareholders. For the fiscal year ending in December, analysts surveyed by Yahoo Finance expect a 21.4% year over year decrease in adjusted EPS to $1.51. The stock carries a consensus “Moderate Buy” rating overall, with 27 analysts split between 11 “Strong Buys” and 16 “Holds,” a mix described as more bearish than a month ago.

Latest closeS&P 500 7,316.15 ▼1.5%

More like this

Sources