B. Riley Issues Pessimistic Forecast for LIND Earnings

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) – Stock analysts at B. Riley decreased their Q3 2025 EPS estimates for Lindblad Expeditions in a research report issued to clients and investors 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 has a “Buy” rating and a $16.00 price target 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.

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

Lindblad Expeditions Stock Performance

NASDAQ:LIND opened at $13.14 on Wednesday. Lindblad Expeditions has a 1 year low of $5.95 and a 1 year high of $13.32. The stock has a fifty day moving average price of $9.76 and a two-hundred day moving average price of $8.82. The stock has a market capitalization of $713.76 million, a price-to-earnings ratio of -12.76 and a beta of 3.02.

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

Insider Buying and Selling

In other Lindblad Expeditions news, CEO Sven-Olof Lindblad bought 32,117 shares of the company’s stock in a transaction on Wednesday, August 21st. The stock was purchased 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 of the company’s stock, valued at $94,009,250.85. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. In other Lindblad Expeditions news, CEO Sven-Olof Lindblad purchased 32,117 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 11,825,063 shares of the company’s stock, valued at $94,009,250.85. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Noah Brodsky sold 14,344 shares of Lindblad Expeditions stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $10.50, for a total value of $150,612.00. Following the transaction, the insider now owns 58,518 shares of the company’s stock, valued at $614,439. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 34.30% of the company’s stock.

Institutional Trading of Lindblad Expeditions

Several institutional investors and hedge funds have recently made changes to their positions in LIND. GSA Capital Partners LLP lifted its holdings in Lindblad Expeditions by 241.9% in the 1st quarter. GSA Capital Partners LLP now owns 48,925 shares of the company’s stock valued at $456,000 after purchasing an additional 34,614 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Lindblad Expeditions by 1.6% in the first 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. EntryPoint Capital LLC purchased a new position in shares of Lindblad Expeditions during the first quarter valued at approximately $176,000. Ariel Investments LLC boosted its position in Lindblad Expeditions by 3.1% during the first quarter. Ariel Investments LLC now owns 8,877,212 shares of the company’s stock worth $82,824,000 after acquiring an additional 268,996 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD purchased a new stake in Lindblad Expeditions in the 1st quarter worth approximately $95,000. 75.94% of the stock is currently owned by hedge funds and other institutional investors.

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.