Norwegian Cruise Line cuts 2026 guidance amid Middle East conflict and rising oil prices

Norwegian Cruise Line reported mixed first-quarter results, beating profit expectations but missing revenue targets. The company lowered its guidance for 2026, citing higher oil prices and travel uncertainties due to the ongoing conflict in the Middle East. These factors have put additional pressure on the stock, which was already underperforming compared to peers and the broader market. Despite this, some analysts remain optimistic about the stock's long-term value and attractive valuation for investors.