Core Insights - Norwegian Cruise Line Holdings (NCLH) has experienced one of its strongest booking periods on record, with bookings increasing over 20% year over year in Q3, continuing into October across all brands: Norwegian, Oceania, and Regent [1][11] - The surge in bookings is attributed to a stronger consumer demand rather than just increased capacity or shorter sailings, indicating a positive trend for discretionary travel [2] - NCLH's focus on families has led to higher load factors, which, while slightly diluting per-cabin pricing, ultimately enhances net yield and margin performance, supporting profitability into 2026 [3] Future Outlook - Upcoming enhancements at Great Stirrup Cay, including a major waterpark opening next summer, are expected to further boost demand and positively impact yields in the second half of 2026 [4] - The overall booking strength, resilient pricing, and rising load factors suggest that NCLH is well-positioned to benefit from improving consumer appetite for cruise vacations, setting the stage for a solid year in 2026 [5] Competitive Landscape - NCLH's booking surge is part of a broader trend in the cruise industry, with competitors Royal Caribbean Group (RCL) and Carnival Corporation (CCL) also experiencing resilient demand, albeit with different dynamics [6] - Royal Caribbean is seeing strong close-in demand and elevated onboard spending, focusing on premium experiences, while Carnival is recovering occupancy through value-oriented itineraries [7][8] - NCLH's 20% booking growth stands out for its breadth across both mass and luxury segments, indicating a more balanced and potentially durable consumer demand trend heading into 2026 [8] Financial Performance - NCLH shares have declined by 30.5% over the past three months, compared to a 14.7% decline in the industry [9] - The company trades at a forward price-to-earnings ratio of 7.14, significantly below the industry average of 15.99 [13] - The Zacks Consensus Estimate for NCLH's earnings indicates a year-over-year growth of 14.8% for 2025 and 27.2% for 2026, with estimates for the current year at $2.09 and next year at $2.65 [16][17]

The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly.Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potentialTop 5 Upgrades: Goldman Sachs upgraded Viking Holdings ( VIK ) to Buy from Neutral with a price target of $78, up from $66. The firm says the company’s “differentiated” geographic exposure and higher-income demog ...

Joining us with her picks is CNBC contributor Victoria Green with G Squared Private Well. She's the CIO. Victoria, what was our mystery charge.Should we start with Delta. Was that the one. >> I think it's Viking, right. If it's smooth sailing, it's got to be Viking cruises.Or is it is it Delta with the clear skies ahead. >> You're right. Let's start with Delta, though.Why do you think this one would be a winner from a rate cut. >> Well, obviously airlines are are hugely asset heavy, right. You've got debt.Y ...

In September, I wrote an article on cruise operator Carnival Corporation & plc ( CCL ) titled "Carnival: Upside Rises After Results". This upside was determined from the company's robust earnings in Q2 2025, its upgrade outlook for the year, attractive market multiples, and potentialManika 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 oppo ...

In September, I wrote an article on cruise operator Carnival Corporation & plc ( CCL ) titled "Carnival: Upside Rises After Results". This upside was determined from the company's robust earnings in Q2 2025, its upgrade outlook for the year, attractive market multiples, and potentialManika 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 oppo ...

Up to 40% Off and $500 Instant Savings, 50% Off Deposits, Plus Free Third and Fourth Guests Continue Reading From December 9, 2025 - February 16, 2026 FORT LAUDERDALE, Fla., Dec. 9, 2025 /PRNewswire/ -- Princess Cruises begins the 2026 Wave Season with the introduction of its annual "Come Aboard Sale," presenting some of the year's best savings for travelers planning their next unforgettable vacation at sea. Running from December 9, 2025, through February 16, 2026, the sale features exceptional savings up t ...

Starting today, travelers in North America can sail aboard one of Cunard's iconic Queens with incredible perks on voyages around the world. VALENCIA, Calif., Dec. 9, 2025 /PRNewswire/ -- Cunard, a legendary cruise brand with 185 years of offering timeless luxury at sea, today announced an indulgent offer for Wave Season. Now through February 25, Cunard is inviting travelers to Treat yourself, on us* and elevate their next voyage aboard any of Cunard's four iconic Queens with exclusive limited-time benefits. ...

The vacation brand will deliver tropical getaways for every season from Florida, New Orleans and the Caribbean, including adventures on Legend of the Seas and the amplified Allure of the Seas more. For the winter, Grandeur will take vacationers on unparalleled 7-night adventures to the ABC islands from two tropical hotspots in Latin America – Colon and Cartagena – sailing to the shores of Willemstad, the white sand beaches of Oranjestad, Aruba, and more. Winter Escapes Legend of the Seas – From Fort Lauderd ...

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 ...

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.Top 5 Upgrades: Goldman Sachs upgraded Viking Holdings (VIK) to Buy from Neutral with a price target of $78, up from $66. The firm says the company's "differentiated" geographic exposure and higher-income demographic have offset "choppier" broader cruise trends.RBC Capital upgraded RPM (RPM) to Outperform from Sector Perform with ...