Stifel lifts Lindblad Expeditions stock target to USD 37.00
Published on 10/17/2026 at 21:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTrading facts and valuation
- Stifel had lifted its Lindblad Expeditions target to USD 37.00 by October 12, 2026.
- Second-quarter 2026 revenue reached USD 199.25 million, up 18.60 percent year over year.
- Lindblad Expeditions stock last traded at USD 34.55 at 4:00 p.m. ET on October 16, 2026, down 2.59 percent versus the Nasdaq prior close.
- The company had a USD 2.3 billion market capitalization on October 16, 2026.
Stifel had raised its price target for Lindblad Expeditions to USD 37.00 from USD 32.00 by October 12, 2026, leaving the target 7.09 percent above the latest Nasdaq price, according to Investing.com. Lindblad Expeditions last traded at USD 34.55 at 4:00 p.m. ET on October 16, 2026, down 2.59 percent versus the Nasdaq prior close.
Revenue reaches USD 199.25 million
Second-quarter 2026 revenue reached USD 199.25 million, an 18.60 percent increase from the same quarter of 2025. The figure exceeded the USD 186.26 million consensus cited by Investing.com. The same report said the adjusted loss was USD 0.02 per share, compared with an expected loss of USD 0.12 per share.
Range runs from USD 11.37 to USD 36.97
The latest USD 34.55 price sits USD 2.42 below the 52-week high of USD 36.97 and USD 23.18 above the low of USD 11.37. That leaves the stock 6.54 percent below its high, while the October 16 volume reached 930,676 shares against an average of 875,581.
Valuation stays tied to earnings
Lindblad Expeditions had a market capitalization of USD 2.3 billion on October 16, 2026. Its trailing price-to-earnings ratio was negative 93.05, reflecting the companys loss position rather than a conventional earnings multiple. The company operates expedition voyages and land-based adventures through the Lindblad Expeditions and National Geographic brands.
Comparison with peers
Lindblad Expeditions: minus 2.59 percent, market capitalization USD 2.3 billion.
Royal Caribbean Cruises (NYSE, USD): minus 0.85 percent, P/E 17.16, market capitalization USD 74.3 billion.
Norwegian Cruise Line (NYSE, USD): minus 2.21 percent, P/E 9.41, market capitalization USD 6.9 billion.
Price remains near the yearly high
The stock is positioned near its 52-week high after a sharp year-to-date advance, but the negative trailing earnings ratio keeps operating performance central to the valuation discussion. The latest quarterly revenue comparison gives investors a clearer operating measure than the share price alone.
Lindblad Expeditions last traded at USD 34.55 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 2.59 percent versus the Nasdaq prior close.
Lindblad Expeditions Holdings, Inc.
- Company: Lindblad Expeditions Holdings, Inc.
- ISIN: US5352191093
- Ticker: LIND
- Primary exchange: Nasdaq
- Market capitalization: USD 2.3 billion (as of October 16, 2026)
- 52-week range: USD 11.37-36.97 (as of October 16, 2026)
- Sector / Industry: Consumer services / expedition travel
Market context: Market report Nasdaq Composite.
