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.

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

A busy airport terminal full of travelers eager to utilize the company’s services.

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.

While we acknowledge the potential of NCLH to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NCLH and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.