What is the outlook for NCLH stock?


What is the outlook for NCLH stock? On average, Wall Street analysts predict that Norwegian Cruise Line Holdings's share price could reach $18.85 by Sep 19, 2024. The average Norwegian Cruise Line Holdings stock price prediction forecasts a potential upside of 14.66% from the current NCLH share price of $16.44.


What is the highest NCL stock has ever been?

The latest closing stock price for Norwegian Cruise Line Holdings as of November 13, 2023 is 13.10.
  • The all-time high Norwegian Cruise Line Holdings stock closing price was 63.76 on November 02, 2015.
  • The Norwegian Cruise Line Holdings 52-week high stock price is 22.75, which is 73.7% above the current share price.


Does cruise have a future?

CLIA forecasts passenger numbers will not only meet but exceed pre-pandemic levels by the end of 2023. And according to Cruise Industry News' cruise ship orderbook for ocean-going vessels, nearly 40 new ships are lined up to debut this year alone, with more than 75 vessels on order through 2027.


Why is NCLH stock dropping?

Shares of cruise line stocks Carnival Corp. (CCL), Royal Caribbean (RCL), and Norwegian (NCLH) close lower on Tuesday as Morgan Stanley analysts slash their price targets, citing rising fuel costs in travel demand headwinds. Recently spun-off companies Vestis Corporation (VSTS), Veralto (VLTO), and WK Kellogg Co.


Are cruises a good stock to buy?

Many cruise stocks have outpaced the stock market and rewarded investors in 2023. Significant travel growth has helped cruise lines hit revenue records and get closer to profitability. Many of these same stocks also offered dividends and reliably paid them for several years before the pandemic.


Is Norwegian Cruise Lines financially stable?

In the case of Norwegian Cruise Line Holdings, both the revenue per share (evident from the last five years' TTM data: 2019: 28.67; 2020: 21.68; 2021: 0.08; 2022: 5.74; 2023: 16.54; ) and the 5-year revenue growth rate (-32%) have been on a consistent downward trajectory.