Wells Fargo cuts target to USD 18.00 for Norwegian Cruise Line stock

Published on 10/17/2026 at 20:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are due October 29, 2026. Norwegian Cruise Line stock stood at EUR 13.41 on October 16, 2026, down 2.21 percent on NYSE.

Analyst view and earnings date

On October 12, 2026, Wells Fargo lowered its Norwegian Cruise Line target to USD 18.00 from USD 20.00.
Norwegian Cruise Line Holdings will report third-quarter results on October 29, 2026.
Norwegian Cruise Line stock was last at EUR 13.41 at 11:00 p.m. CEST on October 16, 2026, while the NYSE session fell 2.21 percent.
The company had a USD 6.9 billion market capitalization and a 9.41 price-to-earnings ratio on October 16, 2026.

Norwegian Cruise Line, BMG667211046, Illustration mit AI erstellt.

Wells Fargo lowered its target for Norwegian Cruise Line Holdings stock from USD 20.00 to USD 18.00 on October 12, 2026, while keeping an overweight rating, as MarketBeat reported. The new target was 19.60 percent above the USD 15.05 NYSE price on October 16, 2026. Norwegian Cruise Line stock was last at EUR 13.41 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST.

Second-quarter revenue reached USD 2.64 billion

The latest reported operating period was the second quarter of 2026. Revenue rose 4.90 percent year over year to USD 2.64 billion, while adjusted earnings per share came to USD 0.48, below USD 0.51 a year earlier, according to CruiseNews on October 12, 2026. The same report said adjusted earnings per share exceeded the USD 0.41 consensus estimate, leaving revenue growth ahead of profit growth.

Stock sits near its yearly low

The USD 15.05 NYSE price on October 16, 2026 stood USD 1.42 above the 52-week low of USD 13.63 and USD 10.08 below the high of USD 25.13. The session change was minus 2.21 percent, with 18,442,128 shares traded against an average volume of 17,389,950 shares.

Norwegian Cruise Line Holdings had a USD 6.9 billion market capitalization and a 9.41 price-to-earnings ratio on October 16, 2026. The second-quarter net margin was 8.00 percent, based on net income of USD 222.6 million and revenue of USD 2.64 billion.

October 29 results set the next date

The company will publish third-quarter 2026 results on October 29, 2026, at 6:30 a.m. ET and hold its earnings call at 8:30 a.m. ET, according to its Norwegian Cruise Line Holdings release dated October 15, 2026. That date gives investors the next scheduled test of demand, yields and earnings conversion.

Comparison with peers

Norwegian Cruise Line: minus 2.21 percent, P/E 9.41, market capitalization USD 6.9 billion

Carnival Corporation & plc (NYSE, USD): minus 2.12 percent, P/E 11.31, market capitalization USD 34.8 billion

Royal Caribbean Cruises (NYSE, USD): minus 0.85 percent, P/E 17.16, market capitalization USD 74.3 billion

Valuation and trading frame

The Wells Fargo target remains above the latest NYSE price, but the stock's 52-week position is closer to the low than the high. The next earnings release therefore matters for whether the revenue increase is translating into stronger adjusted earnings.

Norwegian Cruise Line stock was last at EUR 13.41 at Lang & Schwarz on October 16, 2026 at 11:00 p.m. CEST. The NYSE session was down 2.21 percent versus the prior close of October 15, 2026. The further course of trading is shown by the continuously updated real-time quote of Norwegian Cruise Line stock.