NCLH · Norwegian Cruise Line Holdings Ltd.

Track NCLH — free

$17.24 +0.02 (+0.12%)

Market Cap

$7.89B

459.19M

Up next

Next earnings call

Oct 30, 2026 Est · unconfirmed · in 9 wks

FQ3-26 quarter ends

~Sep 30, 2026 Est

Latest filing: 10-Q

filed Aug 3, 2026

AI Brief

TL;DR.

Bullish

Bearish

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

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Equibles Rating

blended score · not investment advice

Overall

Strong Sell

SellHoldBuy

Technical Sell Momentum Very Weak Sentiment Neutral Fundamentals Weak Quant / Vol Very High

Market backdrop VIX 15.9 · calm Equity put/call 0.68

Technical

price trend

Sell

50 / 200-day cross No cross

Price vs 200-day avg −14%

below

Price vs 50-day avg −12%

below

RSI (14) 39

neutral

MACD trend Negative

52-week position 20%

mid-range

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Very Weak

1-month return −14%

trailing

6-month return −19%

trailing

YTD return −23%

this year

Relative strength −31%

vs S&P · 6-mo

Sentiment

smart money

Neutral

Trend (MA cross) No cross

50d $19 › 200d $20 — 200d above 50d

Institutional flow Distributing

-1% holders QoQ · +97 funds added

Insider flow Accumulating

Net +$25.0M over 90 days · 0% sells

Short interest Rising

18.31% of float · ▲ +2.8% MoM · 5.4 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

637 holders — mid 3-yr range

Squeeze score 66

elevated · 0–100

Fundamentals

Weak

Revenue growth +11%

Y/Y

EPS growth −51%

Y/Y

Free cash flow $-1.2B

Buyback $263.5M

remaining

Balance sheet $14.8B

net debt

Quant / Vol

risk profile

Very High

Volatility 54%

annualized · 1-yr

Max drawdown −45%

past year

ATR 4.6%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Latest guidance · from the 8-K filed Jul 30, 2026

Full Year 2026

Adjusted Operational EBITDA Margin Non-GAAP Initiated 33.2%

Adjusted Net Income Non-GAAP Initiated $700M

Adjusted EPS Non-GAAP Initiated $1.50

Occupancy Initiated 102.3%

Q3 2026

Adjusted EBITDA Non-GAAP Initiated $874M

Occupancy Initiated 104%

Adjusted Operational EBITDA Margin Non-GAAP Initiated 41.2%

Prior guidance period ended · from the 8-K filed May 4, 2026

Net Yield on a Constant Currency basis · Q2 2026 -3.6%

Adjusted Net Cruise Cost excluding Fuel per Capacity Day on a Co · Q2 2026 1%

Adjusted EBITDA · Q2 2026 $632M

Adjusted Operational EBITDA Margin · Q2 2026 32.5%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Sell

3 · 4 · 0

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−14% Bearish

Price vs 50-day avg

−12% Bearish

RSI (14)

39 Neutral

MACD trend

Negative Bearish

52-week position

20% Neutral

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Bearish · 2 of 6

Trend (MA cross) No cross

50d $19 › 200d $20 — 200d above 50d

Institutional flow Distributing

-1% holders QoQ · +97 funds added

Insider flow Accumulating

Net +$25.0M over 90 days · 0% sells

Short interest Rising

18.31% of float · ▲ +2.8% MoM · 5.4 days cover

Volume signal Normal

Volume near normal

Institution breadth Steady

637 holders — mid 3-yr range

Price context

position in its 52-week range

Range low $15 Now $17 · 20% Range high $27

vs 200-day avg -14% vs 50-day avg -12%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
Adjusted EBITDA non-GAAP	$1.2B	Six Months Ended June 30, 2026	—

Adjusted EPS non-GAAP	$0.71	Six Months Ended June 30, 2026	—

Adjusted Gross Margin non-GAAP	$3.75B	Six Months Ended June 30, 2026	—

Adjusted Net Cruise Cost Excluding Fuel non-GAAP	$2.16B	Six Months Ended June 30, 2026	—

Adjusted Net Cruise Cost Excluding Fuel per Capacity Day non-GAAP	$166.33	Six Months Ended June 30, 2026	—

Adjusted Net Income non-GAAP	$329.7M	Six Months Ended June 30, 2026	—

Capacity Days	12,982,709	Six Months Ended June 30, 2026	—

EBITDA	668.05M	Three Months Ended June 30	—
GAAP → non-GAAP reconciliation GAAP Net income (loss) $222.55M +$170.89M Interest expense, net +$3.4M Income tax (benefit) expense +$271.21M Depreciation and amortization expense = EBITDA $668.05M
Gross Cruise Costs per Capacity Day	$304	second quarter 2026	—

Net Per Diem non-GAAP	$279.97	Six Months Ended June 30, 2026	—

Net Yield non-GAAP	$288.55	Six Months Ended June 30, 2026	—

Occupancy Percentage	103.1%	Six Months Ended June 30, 2026	—

Passenger Cruise Days	13,380,480	Six Months Ended June 30, 2026	—

Passengers carried	1,767,749	Six Months Ended June 30, 2026	—

Berths	75,000	as of the filing	—
Net Debt non-GAAP	14.97B	March 31, 2026	—
GAAP → non-GAAP reconciliation GAAP Total Debt $15.15B -$185.05M Cash and cash equivalents = Net Debt $14.97B
Net Leverage non-GAAP	5.3	Full Year 2025	—

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Travel Services — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
NCLH Norwegian Cruise Line Holdings Ltd. this stock	$7.89B	-22.8%	+10.7%	—	18.3%
BKNG Booking Holdings Inc.	$157.50B	—	+13.4%	23.3	3.2%
ABNB Airbnb, Inc.	$113.90B	+40.1%	+10.3%	—	2.2%
RCL Royal Caribbean Cruises Ltd	$78.36B	+5.0%	+3.3%	18.1	4.4%
VIK Viking Holdings Ltd	$40.81B	+28.1%	—	—	1.6%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

637

% held: 110.3%
Net QoQ: +66.7M sh
Top holder: VANGUARD CAPITAL MANAGEME…

Held Float

View

Held by Funds

Fund positions

188

View

Short & Settlement

Short Interest Rising

Shares short

84.1M

Days to cover: 5.4d
Change: +2.3M sh

View

Short Volume

Short vol %

62%

As of: Aug 24, 2026

Short Total

View

Fails to Deliver

FTD shares

12.0K

Value: $249.0K
As of: Jul 30, 2026

View

Off-Exchange

Off-exchange %

41.6%

Week of: Jul 20, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net buying

Net (90d)

+$25.0M

Buyers / Sellers: 1 / 0

Buyers Sellers

View

Congressional Trades Sell

Member

Lisa McClain

Amount: $1.0K–$15.0K
Traded: Oct 31, 2025

View

Financials

Revenue (FY)

$5.4B

Net income (FY): $423.2M
EPS diluted: $0.92

View

Buybacks

Remaining

$263.5M

View

Filings

SEC Filings

Latest

8-K/A

Filed: Aug 12, 2026
This year: 15

View

Proposed Sales

Value

$110.2K

Shares: 5.3K
Filed: Dec 12, 2025

View

Earnings & Events

Earnings Calls

Last call

Jul 30, 2026

View

Performance

	5D	20D	120D	MTD	YTD
NCLH	-5.3%	-14.0%	-19.0%	-7.1%	-22.9%
SPY	-1.2%	+3.3%	+12.2%	+2.2%	+12.0%
vs SPY	-4.1%	-17.3%	-31.3%	-9.3%	-34.8%

Capital returns

Buyback program · as of Mar 31, 2018

Authorized

—

Spent (derived)

—

Remaining

$263.50M

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1513761 CUSIP G66721104 13F (30d) 542 filings 490 filers Visit website Investor relations

NCLH · Norwegian Cruise Line Holdings Ltd.

Price & Indicators

Up next

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns