Lindblad Expeditions (NASDAQ:LIND) Stock Has Average Price Target of $31.50

Lindblad Expeditions (NASDAQ:LIND) has earned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $31.50.

A number of brokerages have recently issued reports on LIND. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lindblad Expeditions in a report on Thursday, October 15th. Wall Street Zen upgraded shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Sunday, September 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $30.00 price target on shares of Lindblad Expeditions in a report on Thursday, September 17th. Stifel Nicolaus set a $37.00 price target on shares of Lindblad Expeditions in a research report on Tuesday, August 4th. Finally, Jefferies Financial Group boosted their price objective on shares of Lindblad Expeditions from $29.00 to $32.00 and gave the stock a “hold” rating in a research note on Thursday, October 8th.

Lindblad Expeditions Stock Performance

LIND stock opened at $37.35 on Monday. The company has a market cap of $2.45 billion, a PE ratio of -98.29 and a beta of 2.24. The stock has a 50-day moving average price of $31.28 and a two-hundred day moving average price of $24.41. Lindblad Expeditions has a 12-month low of $11.37 and a 12-month high of $37.47.

Lindblad Expeditions (NASDAQ:LIND) last released its quarterly earnings data on Monday, August 3rd. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.08. The company had revenue of $199.25 million for the quarter, compared to the consensus estimate of $185.86 million. Lindblad Expeditions had a negative return on equity of 0.56% and a negative net margin of 2.08%. Equities analysts forecast that Lindblad Expeditions will post 0.22 EPS for the current fiscal year.

Key Headlines Impacting Lindblad Expeditions

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

• Positive Sentiment: Expanded 2028–2029 cruise deployment may improve revenue visibility. National Geographic-Lindblad Expeditions completed its 2028–2029 schedule with new itineraries and additional exploration options. The expanded offering could support advance bookings, long-term demand and future sales. National Geographic-Lindblad Expeditions Completes 2028-29 Deployment With New Itineraries
• Positive Sentiment: Recent financial results beat expectations. Lindblad reported quarterly revenue of $199.25 million, above the $185.86 million analyst consensus, while its $0.02-per-share loss was narrower than the expected $0.10 loss. Analysts forecast full-year earnings of $0.22 per share.
• Neutral Sentiment: Analyst views remain divided. The consensus rating is “Moderate Buy,” supported by upgrades from Zacks Research and Wall Street Zen. However, the average price target of $31.50 is below the stock’s recent trading range. Ratings include one Strong Buy, four Buys, three Holds and one Sell.
• Negative Sentiment: Repeated insider selling could pressure sentiment. Director Sven-Olof Lindblad sold 230,197 shares in transactions dated October 27–29 for approximately $8.25 million, including 68,400 shares at $35.26 and 66,872 shares at $36.95. He continues to own nearly 9.94 million shares, but the continuing sales—including additional transactions earlier in October—may be viewed as profit-taking and could weigh on investor confidence. SEC Insider Trading Filing

Insider Buying and Selling at Lindblad Expeditions

In related news, Director Sven-Olof Lindblad sold 97,470 shares of the company’s stock in a transaction on Wednesday, October 21st. The shares were sold at an average price of $36.23, for a total transaction of $3,531,338.10. Following the completion of the sale, the director directly owned 10,351,502 shares of the company’s stock, valued at approximately $375,034,917.46. This represents a 0.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have sold 750,000 shares of company stock worth $26,532,349. Insiders own 26.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in LIND. BlackRock Inc. acquired a new position in shares of Lindblad Expeditions during the second quarter worth about $122,583,000. Pinnacle Associates Ltd. grew its stake in shares of Lindblad Expeditions by 8.0% in the third quarter. Pinnacle Associates Ltd. now owns 864,233 shares of the company’s stock valued at $27,163,000 after buying an additional 64,185 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Lindblad Expeditions by 3.2% in the first quarter. Principal Financial Group Inc. now owns 1,529,868 shares of the company’s stock valued at $26,467,000 after buying an additional 46,955 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Lindblad Expeditions by 44.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,272,909 shares of the company’s stock valued at $22,021,000 after buying an additional 393,359 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Lindblad Expeditions during the 2nd quarter valued at about $19,362,000. 75.94% of the stock is owned by hedge funds and other institutional investors.

About Lindblad Expeditions

Lindblad Expeditions Holdings, Inc (NASDAQ:LIND) operates expedition cruises and adventure travel experiences focused on nature, culture and education. Through its Lindblad Expeditions brand, the company provides small-ship voyages designed to take travelers to remote destinations while emphasizing exploration, conservation and expert-led interpretation.

The company’s offerings include ocean and river expeditions, wildlife-focused voyages, cultural journeys and land-based adventures. Trips commonly feature naturalists, historians, photographers and other specialists, along with activities such as shore excursions, hiking, kayaking, snorkeling and wildlife observation.