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USConsumer Cyclical

Lindblad Expeditions Holdings Inc (LIND)

US · Consumer Cyclical · Travel Services

$27.72+1.09%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$199.2M
Revenue YoY
+18.6%
Net profit
$-1.4M
EPS
$-0.02
EPS estimate
$-0.10
Net margin
-0.7%

EPS came in at -0.02 against a street estimate of -0.10 — a beat of 80.0%.

Key statistics

Market cap
$1.80B
Forward P/E
65.4
P/B
159.80
Book value
$-2.99
EPS (TTM)
$-0.38
52-week high
$35.00
52-week low
$11.37
50-day MA
$29.20
200-day MA
$21.34
Beta
2.22

Analyst view

Analysts rate Lindblad Expeditions Holdings Inc a buy (2 buy, 1 hold, 0 sell out of 3) with an average price target of $35.33.

From the latest earnings call · 2026-08-03

CONFIDENT Q2 beat expectations with 19% revenue growth, 91% occupancy, and record net yields. Raised 2026 revenue guidance to $830–860M. EBITDA guidance maintained at $130–140M despite elevated fuel costs. Q2 2026 International expansion highlighted: Australia/New Zealand bookings +44% post-visit; U.K. momentum building; European River Cruises and Amazon expansion planned. Analysts pressed on occupancy ceiling, founder stake buyout plans, and data-transformation maturity. Management downplayed near-term occupancy upside (90% optimal for premium model), reaffirmed founder retention as differentiator, and signaled early-stage efficiency gains from 30+ pipeline initiatives. 2026-08-03…

Full summary in the app.

Shareholding

Insiders
25.42%
Institutions
82.16%

Largest institutional holders

FundStake
FMR Inc6.28%
BlackRock Inc5.35%
Ariel Investments, LLC4.22%
Vanguard Capital Management, LLC3.21%
Select Equity Group LP2.22%
Principal Financial Group Inc2.13%
Arrowstreet Capital Limited Partnership1.94%
Driehaus Capital Management LLC1.81%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
LINDBLAD EXPEDITIONS HOLDINGS, INC. — Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Tour revenues Q2 2026: $199.2 million (vs. $167.9 million Q2 2025, +18
2026-08-03
Results announced · Q3 2026
LINDBLAD EXPEDITIONS HOLDINGS, INC. – Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Total tour revenues: $199.2 million, up 19% YoY ($31.3 million inc
2026-08-03
Shareholder vote results · Q2 2026
LINDBLAD EXPEDITIONS HOLDINGS, INC. – 8-K SUMMARY HEADLINE NUMBERS • Annual Meeting held June 10, 2026 with 55,003,818 shares represented (quorum re
2026-06-11
Quarterly report · Q1 2026
LINDBLAD EXPEDITIONS HOLDINGS, INC. – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Tour Revenues: $208.0 million (Q1 2026) vs. $179.7 million (Q1 2025) –
2026-05-05
Results announced · Q2 2026
LINDBLAD EXPEDITIONS HOLDINGS, INC. – Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Total tour revenues: $208.0 million, up 16% year-over-year ($28.3
2026-05-05
Proxy statement · Q2 2026
LINDBLAD EXPEDITIONS HOLDINGS, INC. — PROXY STATEMENT SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Election of Four Class B Directors — Sha
2026-04-28
Board / officer change · Q1 2026
LINDBLAD EXPEDITIONS HOLDINGS, INC. – FORM 8-K SUMMARY OTHER NOTABLE POINTS • Executive Appointment: Rear Admiral Keith Taylor (Ret.) appointed as C
2026-03-25
Annual report FY2025
LINDBLAD EXPEDITIONS HOLDINGS, INC. – 2025 ANNUAL REPORT SUMMARY HEADLINE NUMBERS • Market capitalization as of June 30, 2025: approximately $341.6
2026-02-26

Readable in the app.

Deals & corporate news

AnnouncementDate
Three-year charter of Greg Mortimer ship expands Alaska expedition capacity
National Geographic-Lindblad Expeditions announced an expansion of its Alaska program by chartering the Greg Mortimer ship for three years starting in 2027. This decision responds to surging
2025-12-11

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Data updated 2026-09-18.