Research Analysts’ Weekly Ratings Changes for Norwegian Cruise Line (NCLH)

A number of research firms have changed their ratings and price targets for Norwegian Cruise Line (NYSE: NCLH):

• 6/3/2026 – Norwegian Cruise Line is now covered by Sanford C. Bernstein. They set a “market perform” rating and a $18.00 price target on the stock.
• 6/3/2026 – Norwegian Cruise Line is now covered by Sanford C. Bernstein. They set a “market perform” rating and a $18.00 price target on the stock.
• 6/3/2026 – Norwegian Cruise Line was upgraded by Freedom Capital to “strong-buy”.
• 6/1/2026 – Norwegian Cruise Line is now covered by Loop Capital. They set a “buy” rating and a $22.00 price target on the stock.
• 6/1/2026 – Norwegian Cruise Line is now covered by Loop Capital. They set a “buy” rating and a $22.00 price target on the stock.
• 5/22/2026 – Norwegian Cruise Line had its price target lowered by Wells Fargo & Company from $20.00 to $19.00. They now have an “overweight” rating on the stock.
• 5/22/2026 – Norwegian Cruise Line had its price target lowered by Truist Financial Corporation from $25.00 to $20.00. They now have a “buy” rating on the stock.
• 5/19/2026 – Norwegian Cruise Line had its price target lowered by UBS Group AG from $22.00 to $17.00. They now have a “neutral” rating on the stock.
• 5/15/2026 – Norwegian Cruise Line had its price target lowered by TD Cowen from $27.00 to $22.00. They now have a “buy” rating on the stock.
• 5/8/2026 – Norwegian Cruise Line was downgraded by Zacks Research from “hold” to “strong sell”.
• 5/6/2026 – Norwegian Cruise Line was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 5/6/2026 – Norwegian Cruise Line had its price target lowered by Wells Fargo & Company from $26.00 to $20.00. They now have an “overweight” rating on the stock.
• 5/6/2026 – Norwegian Cruise Line was downgraded by Northcoast Research from “buy” to “neutral”.
• 5/5/2026 – Norwegian Cruise Line was given a new $18.00 price target by Deutsche Bank Aktiengesellschaft.
• 5/5/2026 – Norwegian Cruise Line had its price target lowered by Susquehanna from $20.00 to $15.00. They now have a “neutral” rating on the stock.
• 5/5/2026 – Norwegian Cruise Line had its price target lowered by Morgan Stanley from $23.00 to $20.00. They now have an “equal weight” rating on the stock.
• 5/5/2026 – Norwegian Cruise Line was given a new $14.00 price target by The Goldman Sachs Group, Inc..
• 5/5/2026 – Norwegian Cruise Line had its price target lowered by Barclays PLC from $21.00 to $19.00. They now have an “equal weight” rating on the stock.
• 5/5/2026 – Norwegian Cruise Line had its price target lowered by Citigroup Inc. from $25.00 to $21.00. They now have a “buy” rating on the stock.
• 5/5/2026 – Norwegian Cruise Line had its price target lowered by Mizuho from $27.00 to $24.00. They now have an “outperform” rating on the stock.
• 4/27/2026 – Norwegian Cruise Line had its price target lowered by JPMorgan Chase & Co. from $19.00 to $18.00. They now have a “neutral” rating on the stock.
• 4/20/2026 – Norwegian Cruise Line had its price target lowered by Stifel Nicolaus from $28.00 to $27.00. They now have a “buy” rating on the stock.
• 4/17/2026 – Norwegian Cruise Line had its price target lowered by Tigress Financial from $38.00 to $32.00. They now have a “strong-buy” rating on the stock.
• 4/15/2026 – Norwegian Cruise Line had its price target lowered by Wells Fargo & Company from $32.00 to $26.00. They now have an “overweight” rating on the stock.
• 4/13/2026 – Norwegian Cruise Line had its price target lowered by UBS Group AG from $27.00 to $22.00. They now have a “neutral” rating on the stock.
• 4/10/2026 – Norwegian Cruise Line had its price target lowered by Barclays PLC from $22.00 to $21.00. They now have an “equal weight” rating on the stock.
• 4/9/2026 – Norwegian Cruise Line was upgraded by Zacks Research from “strong sell” to “hold”.
• 4/9/2026 – Norwegian Cruise Line had its price target lowered by Morgan Stanley from $24.00 to $23.00. They now have an “equal weight” rating on the stock.

Insiders Place Their Bets

In other news, Director Zillah Byng-Thorne acquired 4,452 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was bought at an average price of $17.83 per share, with a total value of $79,379.16. Following the completion of the acquisition, the director directly owned 25,742 shares of the company’s stock, valued at approximately $458,979.86. The trade was a 20.91% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jonathan Z. Cohen acquired 30,000 shares of Norwegian Cruise Line stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average price of $15.83 per share, with a total value of $474,900.00. Following the transaction, the director owned 38,912 shares of the company’s stock, valued at $615,976.96. The trade was a 336.62% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 1,592,467 shares of company stock worth $28,493,204 in the last 90 days. 0.41% of the stock is currently owned by company insiders.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise operator offering a portfolio of premium brands that includes Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The company provides sea voyages and related onboard services such as dining, entertainment, shore excursions and destination experiences. Its fleet of modern vessels sails to more than 400 destinations across all seven continents, serving leisure travelers with itineraries ranging from short Caribbean getaways to extended world voyages.

Founded in 1966 by Knut Kloster and Ted Arison, the company pioneered the concept of “Freestyle Cruising,” which allows passengers greater flexibility in dining schedules, entertainment choices and onboard activities.