TD Cowen Initiates Coverage on Norwegian Cruise Line Holdings Ltd. (NCLH) with $31 PT ; BofA Raises PT to $27

Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is included in our list of the 10 Cheap Travel Stocks to Buy According to Analysts.

With cruise stocks gaining momentum, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is drawing analyst attention as they reassess the sector’s long-term potential and short-term momentum.

On July 22, 2025, TD Cowen gave a ‘Buy’ rating on Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) with a $31 price target. Within the travel sector, the analyst considered NCLH an underappreciated gainer. With a 7% annual industry revenue growth projected through 2029, the analyst believes the company, trading at an airline-level valuation multiple, holds upside potential.

Meanwhile, on July 23, 2025, BofA increased its price target on Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) from $20 to $27, maintaining a ‘Neutral’ rating. The analyst cited the cruise sector’s 72% gain since the market bottom in April and thus, expects strong earnings.

With its Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas brands, Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) offers luxury travel experiences across all major global destinations. It is included in our list of cheap travel stocks.

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