Key Takeaways Norwegian Cruise refinanced roughly $2B, replacing secured debt with unsecured notes.NCLH extended maturities by addressing most 2027 exchangeables and reduced over 38M diluted shares.NCLH maintained broadly stable leverage despite new ship deliveries and is targeting a mid-4x range in 2026.Norwegian Cruise Line Holdings Ltd. (NCLH) continues to make measurable progress in strengthening its balance sheet, an area that has remained central to investor scrutiny since the pandemic-era leverage bu ...

Norwegian Cruise Line Holdings Ltd's (NYSE:NCLH) stock just flashed a signal traders rarely ignore — and it comes at an awkward moment. NCLH has now printed a Death Cross, with the 50-day moving average slipping below the 200-day, signaling that short-term momentum has overtaken the longer-term trend to the downside.Track NCLH stock here.The stock is already down about 18% year to date, with selling pressure intensifying over the past month. Yet the chart isn't collapsing outright — setting up a tense momen ...

Core Insights - Norwegian Cruise Line Holdings Ltd. has appointed Marc Kazlauskas as President of Norwegian Cruise Line, effective January 19, 2026, bringing over 30 years of experience in the global travel industry [1][2][3] Company Overview - Norwegian Cruise Line Holdings operates Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, with a combined fleet of 34 ships and over 71,000 berths, offering itineraries to approximately 700 destinations worldwide [4] - The company plans to add 14 additional ships across its brands by 2036, which will increase its fleet capacity by over 39,200 berths [4] Leadership Background - Marc Kazlauskas previously served as CEO of Avoya Travel and held leadership roles at FROSCH and Chase Travel Group, managing operations with over $11 billion in sales [2] - He has a proven track record in enhancing customer experience and driving commercial performance, aligning with Norwegian's focus on operational efficiency and guest offerings [2][3] Strategic Initiatives - The appointment of Kazlauskas comes at a crucial time for Norwegian Cruise Line, as the company is experiencing healthy demand for cruises and is executing its newbuild program [3] - Key initiatives include enhancements to Great Stirrup Cay, Norwegian's private island in the Bahamas, and the upcoming debut of Norwegian Luna [3] Market Positioning - Norwegian Cruise Line is recognized for its innovative approach to cruising, offering guests flexibility in vacation planning and a variety of curated experiences [5] - The company provides a signature Free at Sea™ package, which includes benefits such as unlimited open bar, specialty dining credits, and shore excursion credits [5]

A rising tide isn't lifting all cruise ship stocks.There's an old saying that a rising tide lifts all ships. Ironically enough, the adage doesn't apply to cruise line stocks. Norwegian Cruise Line (NCLH +1.33%) is once again the worst-performing investment in the industry, trading 27% lower in 2025. At the other end of the performance spectrum you have Viking Holdings (VIK +0.60%). The leading river cruise operator has risen 54% this year.Royal Caribbean (RCL +2.53%) and Carnival (CCL +1.92%) -- the country ...

Norwegian Cruise Line Holdings ( NCLH ) has the dubious distinction of being the worst performing cruise stock in 2025, being the the only one to see a price pullback this year (see chart below).Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Green Growth Giants, takes the theme a ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Norwegian Cruise Line (NCLH) .Norwegian Cruise Line currently has an average brokerage recommen ...

Key Takeaways Bookings at NCLH jumped over 20% in Q3, with momentum continuing into October across all brands.Stronger consumer trends and higher load factors are supporting net yield and margin performance.Great Stirrup Cay upgrades, including a waterpark next summer, are boosting excitement and bookings.Norwegian Cruise Line Holdings (NCLH) just delivered one of its strongest booking periods on record and the momentum may be pointing to a healthier demand backdrop heading into 2026. During the third quart ...

The cruise operator has underperformed its peers this year and Goldman Sachs analyst see that continuing. ...

Joining me now, Diane King Hall, talking about Toll Brother earnings and more. Good morning, Diane. >> Good morning.It's good to be with you, Nicole. So, shares of Toll Brothers are under some pressure this morning off the back of its view that 2026 may still be bumpy. Uh, and it shows that essentially the housing market is not going to be quick to come out of the woods.There were some uh expectations going into its results that weren't met. They reported mixed numbers for the trailing quarter. Revenue beat ...

Core Viewpoint - The report summarizes significant rating changes from Wall Street that are expected to impact the market, highlighting both upgrades and downgrades across various companies and sectors [1][6]. Upgrades - Synopsys (SNPS): Rosenblatt Securities upgraded the rating from "Neutral" to "Buy," lowering the target price from $605 to $560, anticipating that Q4 results will meet market expectations after a disappointing Q3 [5]. - Eaton Corporation (ETN): Wolfe Research upgraded the rating from "In-Line" to "Outperform," setting a target price of $413, expecting benefits from electrical business orders and easing cyclical factors in 2026 [5]. - Colgate-Palmolive (CL): Royal Bank of Canada upgraded the rating from "Sector Perform" to "Outperform," maintaining a target price of $88, noting that earnings expectations are at a reasonable low despite challenges in 2026 [5]. - RPM International (RPM): Royal Bank of Canada upgraded the rating from "Sector Perform" to "Outperform," raising the target price from $121 to $132, indicating that the stock price has "bottomed out" [5]. - Viking Holdings (VIK): Goldman Sachs upgraded the rating from "Neutral" to "Buy," increasing the target price from $66 to $78, citing the company's unique geographic business layout and high-income customer focus [5]. Downgrades - Warner Bros. Discovery (WBD): Harbor Research downgraded the rating from "Buy" to "Neutral" without providing a target price, following a hostile takeover bid from Paramount [5]. - Norwegian Cruise Line (NCLH): Goldman Sachs downgraded the rating from "Buy" to "Neutral," lowering the target price from $23 to $21, citing an unfavorable risk-reward ratio due to market conditions in the Caribbean [5]. - Confluent (CFLT): Royal Bank of Canada downgraded the rating from "Outperform" to "Sector Perform," raising the target price from $30 to $31, following an acquisition agreement with IBM at $31 per share [5]. - SLM Corporation (SLM): Compass Point downgraded the rating from "Buy" to "Sell," reducing the target price from $35 to $23, after revealing updated mid-term outlooks at an investor forum [5]. - Viavi Solutions (VRT): Wolfe Research downgraded the rating from "Outperform" to "In-Line," citing valuation issues as the stock price has increased 14 times since the last upgrade [5]. Initiations - Micron Technology (MU): HSBC initiated coverage with a "Buy" rating and a target price of $330, identifying the company as a core beneficiary of the storage chip supercycle [9]. - United Airlines (UAL): Montreal Bank Capital Markets initiated coverage with an "Outperform" rating and a target price of $125, noting improvements in the industry environment and recovery in business travel [12]. - Thermo Fisher Scientific (TMO): Goldman Sachs initiated coverage with a "Buy" rating and a target price of $685, expecting the market for life science tools to return to historical growth rates [12]. - Affirm (AFRM): Wolfe Research initiated coverage with a "Sector Perform" rating, setting a fair value range of $72-$82 for the end of 2026 [10]. - Urban Outfitters (URBN): Goldman Sachs initiated coverage with a "Neutral" rating and a target price of $83, acknowledging market positioning but cautioning against high valuation risks [10].