Lindblad Expeditions (NASDAQ:LIND) Price Target Raised to $25.00

Lindblad Expeditions (NASDAQ:LIND) had its price target increased by Benchmark from $18.00 to $25.00 in a research report sent to investors on Friday morning,Benzinga reports. Benchmark currently has a buy rating on the stock.

Other analysts have also recently issued reports about the stock. Citigroup started coverage on shares of Lindblad Expeditions in a research note on Tuesday, December 30th. They issued a “buy” rating for the company. Zacks Research lowered shares of Lindblad Expeditions from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 4th. Weiss Ratings reissued a “sell (d-)” rating on shares of Lindblad Expeditions in a research report on Thursday, January 22nd. Finally, Stifel Nicolaus raised their target price on Lindblad Expeditions from $20.00 to $23.00 and gave the company a “buy” rating in a report on Monday, January 12th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $21.33.

Lindblad Expeditions Trading Down 2.6%

Shares of NASDAQ:LIND opened at $19.71 on Friday. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of -31.29 and a beta of 2.27. Lindblad Expeditions has a 1 year low of $7.45 and a 1 year high of $21.23. The business has a fifty day simple moving average of $17.21 and a 200 day simple moving average of $14.40.

Lindblad Expeditions (NASDAQ:LIND) last issued its earnings results on Thursday, February 26th. The company reported ($0.45) earnings per share for the quarter, missing the consensus estimate of ($0.32) by ($0.13). The business had revenue of $183.18 million during the quarter, compared to the consensus estimate of $167.66 million. On average, sell-side analysts forecast that Lindblad Expeditions will post -0.43 EPS for the current year.

Insiders Place Their Bets

In other news, Director Sven-Olof Lindblad sold 233,505 shares of Lindblad Expeditions stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $17.27, for a total value of $4,032,631.35. Following the transaction, the director directly owned 10,939,274 shares in the company, valued at approximately $188,921,261.98. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Benjamin Bressler sold 222,386 shares of the business’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $16.08, for a total value of $3,575,966.88. Following the transaction, the chief executive officer directly owned 23,466 shares of the company’s stock, valued at $377,333.28. This represents a 90.46% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 1,782,351 shares of company stock valued at $29,808,188. Company insiders own 34.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue acquired a new stake in shares of Lindblad Expeditions in the third quarter worth $35,000. Osaic Holdings Inc. grew its position in Lindblad Expeditions by 58.1% in the 2nd quarter. Osaic Holdings Inc. now owns 3,597 shares of the company’s stock worth $41,000 after purchasing an additional 1,322 shares during the last quarter. Kemnay Advisory Services Inc. bought a new position in shares of Lindblad Expeditions during the 4th quarter worth about $57,000. Royal Bank of Canada raised its position in shares of Lindblad Expeditions by 127.1% during the fourth quarter. Royal Bank of Canada now owns 4,494 shares of the company’s stock valued at $65,000 after buying an additional 2,515 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Lindblad Expeditions by 222.1% in the second quarter. Tower Research Capital LLC TRC now owns 4,802 shares of the company’s stock valued at $56,000 after buying an additional 3,311 shares during the period. 75.94% of the stock is owned by institutional investors.

Key Lindblad Expeditions News

Here are the key news stories impacting Lindblad Expeditions this week:

• Positive Sentiment: Strong revenue and profitability metrics: Lindblad topped revenue estimates with Q4 revenue of $183.2M and reported record full‑year Adjusted EBITDA of $126.2M, driven by higher net yield per guest night (+14%) and 88% occupancy — evidence of pricing power and solid demand. PR Newswire Results
• Positive Sentiment: Analyst upgrade and higher target: Benchmark raised its price target to $25 and initiated/maintained a Buy — a ~27% upside to current levels that can support buying interest. Benzinga
• Positive Sentiment: Improved balance sheet and liquidity actions: Lindblad refinanced long‑term debt with $675M of 7.00% senior secured notes (maturity extended to 2030) and raised revolver capacity to $60M, reducing near‑term refinancing risk. PR Newswire Results
• Neutral Sentiment: FY2026 revenue guidance set to $800M–$850M, roughly in line with but slightly below consensus ($824.3M); guidance range leaves room for investor interpretation on near‑term growth versus street expectations. (Company guidance release)
• Neutral Sentiment: Conference call and full earnings transcript are available for detail on management’s outlook, fleet/capacity plans and cost assumptions — useful for investors digging into forward catalysts. Earnings Call Transcript
• Negative Sentiment: EPS miss: Lindblad posted a Q4 loss of ($0.45)/share vs. consensus ($0.32), missing by $0.13 — a clear near‑term negative that likely pressured the stock. Zacks
• Negative Sentiment: Capital structure and dilution: All outstanding preferred stock converted into ~9.0M common shares in early Feb, increasing share count and potential dilution — a headwind to near‑term per‑share metrics. PR Newswire Results
• Negative Sentiment: Higher interest burden: The 7.00% secured notes improve maturities but increase interest cost versus prior terms, which may weigh on near‑term net income despite improved EBITDA. PR Newswire Results

About Lindblad Expeditions

Lindblad Expeditions (NASDAQ: LIND) is a global leader in expedition cruising, specializing in immersive small-ship voyages to some of the world’s most remote and wildlife-rich regions. The company operates a fleet of purpose-built vessels designed to navigate challenging waters and shorelines, offering guests up-close encounters with natural environments such as the polar ice caps, the Galápagos Islands, Costa Rica’s rainforests and the waterways of Alaska, Patagonia and the Arctic.

Founded on the pioneering spirit of Lars-Eric Lindblad, regarded as the father of expedition travel, Lindblad Expeditions carries forward a legacy of discovery that dates back to the 1960s.