Lindblad Expeditions Holdings Future Growth
Future criteria checks 3/6
Lindblad Expeditions Holdings is forecast to grow earnings and revenue by 98.1% and 6.1% per annum respectively while EPS is expected to grow by 103.3% per annum.
Key information
98.1%
Earnings growth rate
103.25%
EPS growth rate
| Hospitality earnings growth | 18.5% |
| Revenue growth rate | 6.1% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 06 May 2026 |
Recent future growth updates
Recent updates
Analysis Article • Jun 19
Lindblad Expeditions Holdings (LIND) Stock Looks 8.2% Overvalued After Strong Results
Lindblad Expeditions Holdings (LIND) is back in focus after reporting year over year revenue growth of 15.74% and a very large jump in net profit, alongside technical indicators currently skewed toward buy signals. See our latest analysis for Lindblad Expeditions Holdings. The share price of Lindblad Expeditions Holdings has moved sharply higher in recent months, with a 30 day share price return of 39.49% and a year to date share price return of 78.32%, while the 1 year total shareholder...
Narrative Update • Jun 04
LIND: New Management And Record Bookings Will Support Future Upside
Analysts have modestly lifted their price targets for Lindblad Expeditions Holdings to $27.00, citing recent coverage that highlights the company's differentiated high-end adventure travel offering, expectations for stronger utilization, and room for higher margins under the new management team. Analyst Commentary Recent research coverage points to a constructive tone around Lindblad Expeditions Holdings, with bullish analysts highlighting the differentiated high-end adventure offering, the current price targets, and expectations for operational improvement under the new management team.Narrative Update • May 19
LIND: High End Expedition Platform And New Management Will Support Upside Repricing
Analysts have lifted their average price target on Lindblad Expeditions Holdings to $27, citing updated assumptions around earnings multiples, profitability, and the company's differentiated position in high end experiential travel. Analyst Commentary Recent research has tilted firmly positive on Lindblad Expeditions Holdings, with bullish analysts highlighting both valuation support and execution potential as key reasons for lifting price targets into the mid to high $20s.Analysis Article • May 08
Earnings Beat: Lindblad Expeditions Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
A week ago, Lindblad Expeditions Holdings, Inc. ( NASDAQ:LIND ) came out with a strong set of quarterly numbers that...Seeking Alpha • May 07
Lindblad Expeditions: Performance Outweighs Risks
Summary I last wrote about Lindblad Expeditions over two years ago, but the rating remains unchanged at Buy. The company's strong performance in Q1 2026, coupled with results ahead of guidance in 2025, suggests that there could be continued positive financial developments ahead. The stock's market multiples are attractive too, even considering macro risks stemming from higher crude oil prices and their potential spillover into demand and market sentiment. Read the full article on Seeking AlphaNarrative Update • May 04
LIND: High End Expedition Focus And New Management Will Reframe Upside Story
Analysts have raised the average price target for Lindblad Expeditions Holdings by $4 to $27. This reflects updated views that its differentiated expedition offering and management-driven focus on utilization, organic sales growth, and margins support moderately higher assumptions for long-term revenue growth and profitability, alongside a slightly lower future P/E multiple.
Narrative Update • Apr 19
LIND: Premium Experiential Demand And Margin Execution Will Support Future Returns
Analysts have lifted the fair value estimate for Lindblad Expeditions Holdings from about $16.33 to roughly $23.80, citing updated views on discount rates, growth, margins, and a higher future P/E in light of recent price target increases and supportive research commentary. Analyst Commentary Recent Street research on Lindblad Expeditions Holdings has been broadly constructive, with multiple firms revisiting their models, adjusting price targets, and highlighting both opportunities and execution risks.
Narrative Update • Apr 05
LIND: Fair Outlook Balances Utilization Upside With Execution And Margin Risks
The analyst fair value estimate for Lindblad Expeditions Holdings has increased from $12.00 to $17.00, with analysts attributing the change to rising Street price targets toward the mid-$20 range and citing the company's differentiated expedition offering as well as its efforts to improve utilization and margins. Analyst Commentary Recent Street research on Lindblad Expeditions Holdings has centered on how differentiated product, fleet utilization, and margin potential stack up against the current share price.Narrative Update • Mar 22
LIND: 2026 EBITDA Framework And Guidance Will Rerate High End Travel Story
Analysts maintained their $27 price target for Lindblad Expeditions, citing fresh coverage and recent target increases to $23, $25 and $27 that reflect confidence in the company's differentiated high-end travel offering, improving utilization, and potential for higher margins and organic sales growth. Analyst Commentary Recent research highlights a clear tilt toward optimism on Lindblad Expeditions, with several bullish analysts updating their views and price targets in quick succession.Narrative Update • Mar 08
LIND: 2026 EBITDA Framework And Guidance Are Expected To Reset Perception
The analyst fair value estimate for Lindblad Expeditions Holdings has been raised by $4 to $27, as analysts point to a series of higher Street price targets and increased confidence in the potential for existing assets to support materially higher EBITDA over time. Analyst Commentary Bullish analysts have been lifting their price targets on Lindblad Expeditions Holdings, signaling growing confidence in the company’s ability to execute on its plan and translate its asset base into higher earnings power over time.Narrative Update • Feb 22
LIND: 2026 EBITDA Roadmap And Transparency Are Expected To Reshape Perception
Analysts have lifted their price target on Lindblad Expeditions Holdings to $23 from $20, pointing to expectations that future long term financial targets and greater transparency around potential EBITDA from existing assets could reshape how investors view the company. Analyst Commentary Recent research has highlighted a more constructive tone around Lindblad Expeditions Holdings, with bullish analysts pointing to clearer long term targets and a more open approach from management as key reasons cited for a higher price target.Narrative Update • Feb 08
LIND: Long Term EBITDA Outlook Above $150M Will Reshape Market View
Analysts have raised their price target on Lindblad Expeditions Holdings to $23 from $20, citing updated assumptions that include slightly lower discount rates, modestly higher expectations for revenue growth and profit margins, and a somewhat lower future P/E multiple informed by recent discussions with management about long-term financial goals. Analyst Commentary Bullish analysts are highlighting Lindblad Expeditions Holdings as a name where clearer long-term financial targets could help close the gap between the current share price and their updated valuation work.Narrative Update • Jan 25
LIND: Long Term EBITDA Guidance Above $150M Will Shift Market Perception
Narrative Update: Lindblad Expeditions Holdings Analysts have raised their price target on Lindblad Expeditions Holdings to $23 from $20, citing expectations that future long-term financial targets could highlight stronger EBITDA potential from existing assets and improve overall transparency for investors. Analyst Commentary Bullish analysts are signaling growing confidence in Lindblad Expeditions Holdings, highlighted by the recent increase in the 12 month price target to US$23 from US$20.Narrative Update • Jan 10
LIND: Higher Revenue Outlook And Lower Discount Rate Will Support Upside
Analysts kept their fair value estimate for Lindblad Expeditions Holdings steady at US$20.00, with slight model tweaks such as higher projected revenue growth and a marginally lower discount rate, offset by a modestly softer profit margin outlook and a small reduction in assumed future P/E. What's in the News Lindblad Expeditions Holdings reported that from July 1, 2025 to September 30, 2025, it repurchased 0 shares for US$0 million.Narrative Update • Dec 25
LIND: Improved Margins And Lower Equity Returns Will Support Bullish Outlook
Analysts have raised their price target on Lindblad Expeditions Holdings by 2.00 dollars to 20.00 dollars, citing expectations for slightly slower top line growth, but meaningfully improved profit margins and a lower required return on equity that supports a higher fair value multiple. What's in the News Lindblad Expeditions Holdings confirmed full year 2025 earnings guidance, expecting total revenue between 745 million dollars and 760 million dollars.Analysis Article • Dec 24
Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Shares Fly 25% But Investors Aren't Buying For Growth
Lindblad Expeditions Holdings, Inc. ( NASDAQ:LIND ) shareholders would be excited to see that the share price has had a...Analysis Article • Dec 12
An Intrinsic Calculation For Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Suggests It's 42% Undervalued
Key Insights Using the 2 Stage Free Cash Flow to Equity, Lindblad Expeditions Holdings fair value estimate is US$23.55...Narrative Update • Dec 11
LIND: Stronger Profit Margins Will Drive Solid Returns Ahead
Analysts have modestly raised their price target on Lindblad Expeditions Holdings to 16.33 dollars. This reflects slightly improved views on the company’s discount rate and long term earnings multiple assumptions, despite largely unchanged growth and margin expectations.Narrative Update • Nov 27
LIND: Higher Profit Margins Will Support Stronger Performance Ahead
Analysts have raised their price target for Lindblad Expeditions Holdings by $0.00 to $16.33, citing improved profit margin outlook and a more favorable valuation multiple, while growth expectations remain stable. What's in the News Lindblad Expeditions Holdings has issued new earnings guidance for the full year 2025.Narrative Update • Nov 13
LIND: Future Earnings Outlook Will Drive Upward Momentum
Analysts have raised their price target for Lindblad Expeditions Holdings from $15.33 to $16.33. They cite updated expectations for revenue growth, profit margins, and valuation multiples.Analysis Article • Oct 31
The Return Trends At Lindblad Expeditions Holdings (NASDAQ:LIND) Look Promising
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Jul 02
Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Looks Inexpensive But Perhaps Not Attractive Enough
With a price-to-sales (or "P/S") ratio of 1x Lindblad Expeditions Holdings, Inc. ( NASDAQ:LIND ) may be sending bullish...New Narrative • May 29
Immersive Adventure Travel Will Flourish With Disney And Galapagos
Expanding fleet, new market entries, and high occupancy fuel revenue growth and operational efficiency, supported by innovative partnerships and dynamic pricing strategies.Analysis Article • Apr 01
Lindblad Expeditions Holdings, Inc.'s (NASDAQ:LIND) Revenues Are Not Doing Enough For Some Investors
Lindblad Expeditions Holdings, Inc.'s ( NASDAQ:LIND ) price-to-sales (or "P/S") ratio of 0.8x may look like a pretty...Analysis Article • Feb 26
Some Investors May Be Worried About Lindblad Expeditions Holdings' (NASDAQ:LIND) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Seeking Alpha • Dec 03
Lindblad Expeditions: Upbeat Earnings Momentum, But A Moderate Overvaluation
Summary Lindblad Expeditions reported strong Q3 sales momentum, driven by great fleet utilization and pricing increases. The growth outlook stands good with impressive bookings growth and the prior Wineland-Thompson Adventures acquisition, even though Lindblad guides for a conservative Q4. Critically for margins, Lindblad's bookings growth should improve the occupancy level closer to a pre-COVID level. The company expects such a level of normalization in 2026. The market reacted strongly to the Q3 results, and I now estimate LIND stock to be overvalued by 11% compared to a fair value of $12.26. Read the full article on Seeking AlphaAnalysis Article • Nov 08
Lindblad Expeditions Holdings, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Lindblad Expeditions Holdings, Inc. ( NASDAQ:LIND ) investors will be delighted, with the company turning in some...Analysis Article • Nov 06
Lindblad Expeditions Holdings, Inc.'s (NASDAQ:LIND) Shares Bounce 27% But Its Business Still Trails The Industry
Despite an already strong run, Lindblad Expeditions Holdings, Inc. ( NASDAQ:LIND ) shares have been powering on, with a...Analysis Article • Aug 13
Benign Growth For Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Underpins Stock's 27% Plummet
Lindblad Expeditions Holdings, Inc. ( NASDAQ:LIND ) shares have had a horrible month, losing 27% after a relatively...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 923 | 39 | N/A | N/A | 1 |
| 12/31/2027 | 904 | 17 | 100 | 137 | 5 |
| 12/31/2026 | 847 | 12 | 103 | 139 | 5 |
| 3/31/2026 | 799 | -29 | 71 | 113 | N/A |
| 12/31/2025 | 771 | -35 | 64 | 112 | N/A |
| 9/30/2025 | 736 | -36 | 52 | 99 | N/A |
| 6/30/2025 | 702 | -15 | 59 | 107 | N/A |
| 3/31/2025 | 671 | -31 | 56 | 97 | N/A |
| 12/31/2024 | 645 | -36 | 59 | 92 | N/A |
| 9/30/2024 | 621 | -38 | 50 | 81 | N/A |
| 6/30/2024 | 591 | -55 | 39 | 69 | N/A |
| 3/31/2024 | 580 | -55 | 37 | 67 | N/A |
| 12/31/2023 | 570 | -50 | -5 | 25 | N/A |
| 9/30/2023 | 562 | -55 | 1 | 32 | N/A |
| 6/30/2023 | 531 | -69 | -31 | -1 | N/A |
| 3/31/2023 | 497 | -73 | -42 | -5 | N/A |
| 12/31/2022 | 422 | -116 | -40 | -2 | N/A |
| 9/30/2022 | 369 | -111 | -25 | 12 | N/A |
| 6/30/2022 | 289 | -127 | -66 | 29 | N/A |
| 3/31/2022 | 213 | -133 | -56 | 45 | N/A |
| 12/31/2021 | 147 | -125 | -64 | 32 | N/A |
| 9/30/2021 | 82 | -128 | -91 | 1 | N/A |
| 6/30/2021 | 18 | -130 | -62 | -34 | N/A |
| 3/31/2021 | 3 | -133 | -157 | -115 | N/A |
| 12/31/2020 | 82 | -100 | -248 | -92 | N/A |
| 9/30/2020 | 158 | -71 | -223 | -51 | N/A |
| 6/30/2020 | 258 | -44 | -217 | -11 | N/A |
| 3/31/2020 | 335 | -3 | -115 | 63 | N/A |
| 12/31/2019 | 343 | 14 | N/A | 63 | N/A |
| 9/30/2019 | 338 | 11 | N/A | 59 | N/A |
| 6/30/2019 | 324 | 16 | N/A | 69 | N/A |
| 3/31/2019 | 317 | 15 | N/A | 61 | N/A |
| 12/31/2018 | 310 | 11 | N/A | 56 | N/A |
| 9/30/2018 | 302 | 0 | N/A | 63 | N/A |
| 6/30/2018 | 300 | 4 | N/A | 54 | N/A |
| 3/31/2018 | 286 | 2 | N/A | 61 | N/A |
| 12/31/2017 | 267 | -9 | N/A | 53 | N/A |
| 9/30/2017 | 259 | -1 | N/A | 45 | N/A |
| 6/30/2017 | 246 | -3 | N/A | 48 | N/A |
| 3/31/2017 | 244 | -5 | N/A | 35 | N/A |
| 12/31/2016 | 242 | 5 | N/A | 31 | N/A |
| 9/30/2016 | 233 | 13 | N/A | 26 | N/A |
| 6/30/2016 | 220 | 10 | N/A | 23 | N/A |
| 3/31/2016 | 216 | 23 | N/A | 29 | N/A |
| 12/31/2015 | 210 | 20 | N/A | 40 | N/A |
| 9/30/2015 | 208 | 22 | N/A | 46 | N/A |
| 6/30/2015 | 201 | 24 | N/A | 48 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LIND is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.5%).
Earnings vs Market: LIND is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LIND is expected to become profitable in the next 3 years.
Revenue vs Market: LIND's revenue (6.1% per year) is forecast to grow slower than the US market (12.7% per year).
High Growth Revenue: LIND's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LIND's Return on Equity is forecast to be high in 3 years time
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/25 22:04 |
| End of Day Share Price | 2026/06/25 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Lindblad Expeditions Holdings, Inc. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Albanese | Benchmark Company |
| Tyler Batory | Brean Capital Historical (Janney Montgomery) |
| Eric Des Lauriers | Craig-Hallum Capital Group LLC |