01:15 PM EST, 11/06/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our target price by $8 to $22, based on an 8x 2026 EV/EBITDA, within the shares' 8x-10x one-year trading range. We keep our 2025 EPS estimate at $2.18 and raise 2026's to $2.79 from $2.74, reflecting stable cruise demand and our view of margin expansion potential. We feel NCLH can deliver low-double-digit EBITDA growth in 2026 supported by fleet expansion, a stable pricing environment, new cruise itineraries, and cost efficiencies that improve margins. We reiterate our Buy opinion despite concerns over light Q4 guidance, which we think has been set conservatively, presenting potential upside to estimates over the next year. NCLH has exceeded its targets on adjusted EBITDA and adjusted EPS, while setting record revenue this year, which may have lifted top-line expectations beyond what was reasonable. Following this reset, we see a more attractive setup for shares with the potential for interest rate easing and net yield growth re-acceleration.