Update: Morgan Stanley Cuts Price Target on Norwegian Cruise Line to $20 From $23 on 'Weaker Net Yields', Keeps Equalweight Rating
Idag, 17:01
11:01 AM EDT, 05/05/2026 (MT Newswires) -- (Updates with the analyst's commentary.)
Morgan Stanley cut Norwegian Cruise Line's (NCLH) price target to $20 from $23, highlighting the company's deteriorating yields as reflected by the trimmed 2026 earnings per share outlook.
"The sudden change in yield guidance implies a material deterioration in a short window given ~80%+ of a quarter out is already booked,"Morgan Stanley said in a Tuesday note.
Morgan Stanley also expects a prolonged turnaround for Norwegian Cruise, the note said, adding that trends have fallen across cruise.
Norwegian Cruise Line has an average rating of overweight and mean price target of $21.81, according to analysts polled by FactSet.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
Price: 17.31, Change: +0.11, Percent Change: +0.61
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Update: Morgan Stanley Cuts Price Target on Norwegian Cruise Line to $20 From $23 on 'Weaker Net Yields', Keeps Equalweight Rating
Idag, 17:01
11:01 AM EDT, 05/05/2026 (MT Newswires) -- (Updates with the analyst's commentary.)
Morgan Stanley cut Norwegian Cruise Line's (NCLH) price target to $20 from $23, highlighting the company's deteriorating yields as reflected by the trimmed 2026 earnings per share outlook.
"The sudden change in yield guidance implies a material deterioration in a short window given ~80%+ of a quarter out is already booked,"Morgan Stanley said in a Tuesday note.
Morgan Stanley also expects a prolonged turnaround for Norwegian Cruise, the note said, adding that trends have fallen across cruise.
Norwegian Cruise Line has an average rating of overweight and mean price target of $21.81, according to analysts polled by FactSet.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
Price: 17.31, Change: +0.11, Percent Change: +0.61
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