Norwegian Cruise Line(US:NCLH) Yahoo Finance·2025-11-14 10:10Core Insights - Norwegian Cruise Line Holdings Ltd. (NCLH) is identified as one of the 13 most undervalued stocks under $20 to buy [1] - Morgan Stanley analyst Stephen Grambling has reduced the price target for NCLH from $27 to $25 while maintaining an Equal Weight rating [2] Financial Performance - NCLH reported a record quarterly revenue of $2.94 billion, which is a 4.7% increase from the previous year, but it fell short of the estimated $3.02 billion due to a decline in air program participation [3] - The company's earnings per share (EPS) was $1.20, exceeding estimates by 4 cents and guidance by 6 cents; however, the profit forecast for Q4 is $0.27 per share, below the analysts' expectation of $0.30 due to soft demand for cruise vacations and cost pressures [4] Market Reactions - Following the earnings call, NCLH's stock has declined by over 14%, with investor concerns regarding a decrease in ticketing revenue amid a focus on family-oriented offerings [4] - Morgan Stanley has also reduced its EBITDA forecasts by approximately 1% for the fiscal years 2025 to 2027, indicating ongoing debates about the pricing power of cruise operators [5] Company Overview - Norwegian Cruise Line Holdings Ltd. operates a global cruise business with itineraries to over 700 destinations, managing a fleet of 32 ships and over 66,500 berths under the brands Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises [6]