NCLH — Norwegian Cruise Line Holdings Ltd

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Norwegian Cruise Line Holdings Ltd

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. It offers itineraries to destinations, such as Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, the Caribbean, and Alaska; and inter-island itinerary in Hawaii. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$15.52
Market Cap$7.31B
Float456.6M
Shares Outstanding459.1M
P/E (Forward)9.23
P/E (TTM)12.85
Price/Sales (TTM)0.73
vs. Analyst Target+38.7% to analyst PT
Profit Margin5.66%
Operating Margin (TTM)10.52%
Revenue (TTM)$10.03B
Earnings Growth (YoY)-9.60%
Dividend RateNone
Analyst Target Price$21.52 (24 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $1.28B -$4.01B -$413M -$2.78B
2021 $648M -$4.51B -$960M -$1.67B
2022 $4.84B -$2.27B $577M -$665M
2023 $8.55B $166M $3.08B $1.77B
2024 $9.48B $910M $3.79B $2.49B
2025 $9.83B $423M $3.14B $2.74B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $2.52B $30.0M
Sep 2025 $2.94B $419M
Dec 2025 $2.24B $14.3M
Mar 2026 $2.33B $105M

Ownership & Float

Insider Ownership0.5%
Institutional Ownership88.7%
Short Float12.8%
% of All Funds Holding7.32%
Number of Funds Holding602

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$18.61Near-term / short-term trend
Weekly40-Week SMA$21.61Medium-term trend
Weekly80-Week SMA$22.03Cyclical trend (business cycle)
Weekly200-Week SMA$18.81Secular trend (multi-year)
Monthly10-Month SMA$21.18Near-term monthly trend
Monthly20-Month SMA$21.97Medium-term monthly trend
Monthly40-Month SMA$19.77Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$22.60 resistance 1.43x 1 months ago

Historical Earnings Reactions (54 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.10% 0.60% 61.11% 11.05% -10.92%
1 Day -0.40% -0.42% 48.15% 19.84% -15.01%
1 Week 0.37% 0.19% 50.00% 36.08% -33.22%
2 Weeks -0.87% -1.31% 45.28% 51.89% -45.04%
1 Month 2.19% 1.31% 54.72% 103.30% -81.41%

Next earnings: May 4, 2026

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.5%46.2%13
Feb2.8%57.1%14
Mar-7.4%35.7%14
Apr1.4%50.0%14
May-1.2%38.5%13
Jun1.5%46.2%13
Jul1.6%61.5%13
Aug0.7%61.5%13
Sep1.2%46.2%13
Oct3.3%53.8%13
Nov3.3%61.5%13
Dec3.8%69.2%13

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.01% 49.5% 628
Tuesday 0.23% 50.7% 690
Wednesday 0.09% 51.5% 685
Thursday -0.10% 48.2% 672
Friday 0.04% 49.9% 671

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 88.7%

Insider Transactions — Smart Summary

Total insider ownership: 0.5%

12-Month Insider Activity Summary

Total Filings11
Net Value+$901,331.698
Net Shares Change146,196
% of Float0.0%
C-Suite Filings5
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
Byng-Thorne Zillah +$1.0M 2 3 buy
Sommer Harry Pres. and CEO of NCLH +$462,932.5 1 1 buy
Montague Jason Chief Luxury Officer +$252,020.5 1 1 buy
MacDonald Brian P +$248,100 1 1 buy
Kempa Mark EVP and CFO +$197,050.598 1 1 buy
Lansberry Kevin Allen +$196,992 1 1 buy
Ashby Faye L. SVP and Chief Accounting Officer -$110,250 1 1 sell
Dahlgren Patrik EVP, Chief Vessel Ops and NO +$99,578.1 1 1 buy

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-11-06 – 2025-11-12 6 6 +$1.7M 3 C-suite
2026-05-11 – 2026-05-12 3 3 +$966,486.21

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-11 Byng-Thorne Zillah +$521,394.21 Transaction at $17.75, now -12.6%
2026-05-12 MacDonald Brian P +$248,100 Transaction at $16.54, now -6.2%
2026-05-11 Lansberry Kevin Allen +$196,992 Transaction at $17.28, now -10.2%
2025-11-25 Dahlgren Patrik EVP, Chief Vessel Ops and NO +$99,578.1 Transaction at $17.94, now -13.5%
2025-11-06 Montague Jason Chief Luxury Officer +$252,020.5 Transaction at $18.81, now -17.5%
2025-11-06 Sommer Harry Pres. and CEO of NCLH +$462,932.5 Transaction at $18.52, now -16.2%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Norwegian Cruise Line Holdings Ltd (NCLH) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for NCLH on Trend Edge →