B. Riley Reduces Earnings Estimates for Lindblad Expeditions

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) – Investment analysts at B. Riley decreased their Q3 2025 EPS estimates for shares of Lindblad Expeditions in a report issued on Tuesday, November 5th. B. Riley analyst E. Wold now anticipates that the company will earn $0.27 per share for the quarter, down from their previous forecast of $0.35. B. Riley currently has a “Buy” rating and a $16.00 target price on the stock. The consensus estimate for Lindblad Expeditions’ current full-year earnings is ($0.65) per share. B. Riley also issued estimates for Lindblad Expeditions’ Q1 2026 earnings at $0.06 EPS, Q3 2026 earnings at $0.41 EPS and FY2026 earnings at $0.21 EPS.

A number of other equities research analysts also recently issued reports on the company. Stifel Nicolaus lowered their price target on Lindblad Expeditions from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Friday, August 9th. StockNews.com upgraded Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Wednesday. Finally, Craig Hallum raised their price target on shares of Lindblad Expeditions from $12.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $14.25.

Lindblad Expeditions Stock Up 12.2 %

Shares of NASDAQ LIND opened at $13.14 on Wednesday. The stock has a market capitalization of $713.76 million, a PE ratio of -12.76 and a beta of 3.02. The firm has a fifty day moving average of $9.76 and a 200-day moving average of $8.82. Lindblad Expeditions has a 52-week low of $5.95 and a 52-week high of $13.32.

Lindblad Expeditions (NASDAQ:LIND) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.24). The business had revenue of $136.50 million for the quarter, compared to the consensus estimate of $137.39 million.

Institutional Trading of Lindblad Expeditions

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Ariel Investments LLC boosted its holdings in Lindblad Expeditions by 3.1% in the first quarter. Ariel Investments LLC now owns 8,877,212 shares of the company’s stock valued at $82,824,000 after purchasing an additional 268,996 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Lindblad Expeditions by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 1,999,062 shares of the company’s stock valued at $18,651,000 after buying an additional 31,921 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Lindblad Expeditions by 1.6% during the third quarter. Principal Financial Group Inc. now owns 1,688,549 shares of the company’s stock worth $15,619,000 after buying an additional 26,647 shares in the last quarter. Anchor Capital Management Company LLC increased its stake in shares of Lindblad Expeditions by 51.3% in the second quarter. Anchor Capital Management Company LLC now owns 1,325,168 shares of the company’s stock worth $12,788,000 after buying an additional 449,098 shares during the last quarter. Finally, Pinnacle Associates Ltd. raised its holdings in Lindblad Expeditions by 1.1% in the third quarter. Pinnacle Associates Ltd. now owns 602,015 shares of the company’s stock valued at $5,569,000 after acquiring an additional 6,267 shares in the last quarter. 75.94% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Lindblad Expeditions

In related news, CEO Sven-Olof Lindblad bought 32,117 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The shares were acquired at an average cost of $7.95 per share, for a total transaction of $255,330.15. Following the acquisition, the chief executive officer now owns 11,825,063 shares in the company, valued at $94,009,250.85. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. In related news, insider Noah Brodsky sold 14,344 shares of the firm’s stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $10.50, for a total transaction of $150,612.00. Following the completion of the sale, the insider now directly owns 58,518 shares of the company’s stock, valued at approximately $614,439. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sven-Olof Lindblad acquired 32,117 shares of the business’s stock in a transaction on Wednesday, August 21st. The stock was purchased at an average price of $7.95 per share, for a total transaction of $255,330.15. Following the acquisition, the chief executive officer now directly owns 11,825,063 shares in the company, valued at $94,009,250.85. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 34.30% of the company’s stock.

About Lindblad Expeditions

Lindblad Expeditions Holdings, Inc provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segment. Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities.