FMP

FMP

Goldman Sachs Sets Price Target for Norwegian Cruise Line Holdings (NYSE:NCLH)

  • Lizzie Dove from Goldman Sachs has set a price target of $34 for Norwegian Cruise Line Holdings (NYSE:NCLH), indicating a potential upside of about 28.69%.
  • The company is experiencing positive growth due to strong demand in the cruise industry, supported by a positive pricing environment and robust booking momentum.
  • With plans for fleet expansion and strong pricing power, Norwegian Cruise Line Holdings shows a promising outlook for growth.

On January 23, 2025, Lizzie Dove from Goldman Sachs set a price target of $34 for Norwegian Cruise Line Holdings (NYSE:NCLH). At the time, the stock was trading at $26.42, suggesting a potential upside of about 28.69%. Norwegian Cruise Line Holdings operates 32 ships across three brands and competes with Carnival Corp. and Royal Caribbean.

Norwegian Cruise Line Holdings is experiencing positive growth due to strong demand in the cruise industry. The company benefits from a surging global demand for cruises, supported by a positive pricing environment and robust booking momentum. This growth is reflected in the stock's recent performance, with a slight increase of 0.61% to $26.42.

The company's strong pricing power and high occupancy rates are key factors driving its growth. Norwegian Cruise Line Holdings plans for fleet expansion, which further supports its positive outlook. The stock has fluctuated between $25.84 and $26.51 today, with a market capitalization of approximately $11.62 billion.

Over the past year, the stock has reached a high of $28.64 and a low of $14.69. This range indicates the stock's volatility and potential for growth. The trading volume of 5,103,614 shares shows active investor interest, aligning with the positive sentiment highlighted by Lizzie Dove's price target.