LINDBLAD EXPEDITIONS HOLDINGS INC (LIND)
Consumer Discretionary · Cruise Lines & Adventure Travel · NASDAQ
Lindblad Expeditions provides high-end, immersive adventure travel and expedition cruises to remote destinations globally.
What LINDBLAD EXPEDITIONS HOLDINGS INC does
Lindblad Expeditions Holdings, Inc. is a provider of expedition cruising and adventure travel experiences. The company operates a fleet of owned and chartered expedition vessels, offering trips to remote destinations worldwide including the polar regions, the Galapagos Islands, and other coastal areas, often focused on marine biology, conservation, and photography.
Themes: adventure travel, expedition cruise lines, eco-tourism
Fundamentals
- Price$31.09 as of 2026-08-21 close
- Market cap$2.0B as of 2026-08-21
- 1-year return+124.8% 2025-08-21 close $13.83 → 2026-08-21 close $31.09
- P/En/a negative earnings
- Net margin-2.1% as of 2026-08-24
- Gross margin+46.6% as of 2026-08-24
- ROE-266.5% as of 2026-08-24
- Debt / equity102.43 as of 2026-08-24
- Revenue growth (YoY)+18.3% as of 2026-08-24
- Revenue CAGR (3y)+10.3% SEC XBRL
- Beta2.30 as of 2026-08-24
- Last reported earnings2026-08-03 SEC EDGAR Form 8-K (Item 2.02)
How LIND compares in its sector
- net profit marginbottom 25% 334 covered Consumer Discretionary peers, as of 2026-08-24
- operating marginmiddle range 334 covered Consumer Discretionary peers, as of 2026-08-24
- gross marginmiddle range 331 covered Consumer Discretionary peers, as of 2026-08-24
- return on equitybottom 10% 334 covered Consumer Discretionary peers, as of 2026-08-24
- 3-year revenue CAGRtop 25% 325 covered Consumer Discretionary peers
- free cash flow (absolute dollars, latest fiscal year)middle range 311 covered Consumer Discretionary peers, as of FY2025
Position among covered Consumer Discretionary companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
LIND is not currently in any published Top 10 list. Its scores are below.
Long-term score
Not scored for the long-term list: no shareholder return data.
Short-term score
60.1 #205 of 1,704 scored · #19 of 186 in Consumer Discretionary
Momentum 73rd: over the past 3 months this stock beat the market by 60.3 percentage points; trend 72nd: a strong uptrend, with buyers in control; weakest is setup 37th: no Elliott-wave labelling currently fits its swings.
Scores as of 21 Aug 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 2.
How LINDBLAD EXPEDITIONS HOLDINGS INC looks technically
LINDBLAD EXPEDITIONS HOLDINGS INC (LIND) is trading 56.0% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 278 trading days ago — a "golden cross", a bullish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 37, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 51, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 5 trading days ago (its momentum flipped negative). It made a new 20-day high about 7 trading days ago.
Trend
8
| Distance from the 200-day | it is trading 56.0% above its 200-day average, the long-term trend line — a longer-term uptrend | +56.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $28.70 | $28.70 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $19.93 | $19.93 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Wave structure | its recent swings can be read as a completed five-part upward sequence — the pattern Elliott-wave chartists call an impulse — which on that reading would now be due a pullback rather than more of the same; the labelling fails if price closes above 35. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible five-wave upward sequence, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 278 trading days ago — a "golden cross", a bullish long-term signal | 278 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 37, with buyers in control | 36.7 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 51, neither overbought (above 70) nor oversold (below 30) | 50.6 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($30.35 to $35.00) — its "stochastic" reading is 16 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 15.9 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 5 trading days ago (its momentum flipped negative) | 5 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $35.00 | $35.00 |
|---|---|---|
| From the 52-week high | it is 11.2% below its 52-week high (its highest price of the past year) | -11.2% |
| Above the 52-week low | it is 173.5% above its 52-week low (its lowest price of the past year) | +173.4% |
| Below the 52-week high | it is 11.2% below its highest point of the past year | 11.2% |
| Since a 20-day breakout | it made a new 20-day high about 7 trading days ago | 7 sessions |
| Since a 55-day breakout | it made a new 55-day high about 7 trading days ago | 7 sessions |
| All-time high | its highest closing price on record is $35.00 (set on 2026-08-14) | $35.00 |
| Given back of the 52-week move | over the past year its closes ranged ($11.45 to $34.48), and it has given back only a small part of its rise from last year’s low — 15% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $19.51 to $20.25. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 14.7% |
| From the all-time high | it is 11.2% below its all-time high | -11.2% |
| Nearest price level | it is trading 12.5% below a resistance level at $34.98 — a price it turned at twice since 2026-08-05, most recently on 2026-08-14. Since 2024-08-21 it has 12 such levels below the current price and 1 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +12.5% |
| All-time low | its lowest closing price on record is $3.01 (set on 2020-03-23) | $3.01 |
| Above the all-time low | it is 932.9% above its all-time low | +932.9% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 37th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.31 between its high and its low — about 4.2% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.31 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $28.42 and $35.96 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $28.42 – $32.19 – $35.96 |
| Typical daily range (% of price) | its price moves about 4.2% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.2% |
| Stretch from the 200-day average | it is trading 8.6 daily ranges above its 200-day average price (56.0% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 8.6 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.81× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
2
| Since a doji | 1 session ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 1 session ago |
|---|---|---|
| Since a bearish engulfing | today it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | today |
Price gaps
3
| Gap at the open | it opened on 2026-08-21 0.5% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.5% |
|---|---|---|
| Open gap | it gapped 4.8% above the previous close 14 sessions ago and has not traded back through the level it left behind at 29.58 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +4.8% |
| Gap filled | a 2.1% gap up opened on 2026-08-13 has been "filled" 6 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 6 sessions ago |
Price streaks
1
| Closing streak | it has closed lower 6 sessions in a row, a -9.83% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 6 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 6.9 percentage points (the stock gained 9.3% while the market gained 2.3%) | +7.0% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 53.3 percentage points (the stock gained 56.4% while the market gained 3.1%) | +53.3% |
| vs market, 6 months | over the past 6 months this stock beat the market by 38.0 percentage points (the stock gained 49.1% while the market gained 11.1%) | +38.0% |
| vs market, 12 months | over the past 12 months this stock beat the market by 104.3 percentage points (the stock gained 124.8% while the market gained 20.5%) | +104.3% |
Signal agreement
2
| Bullish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bullish state: a strong uptrend, with buyers in control, a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, outperforming the market over 6 months, near the bottom of its 14-day range (oversold), trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 20% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thick, spanning 8.3% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | +20.0% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 39% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $22.34 — a volume-weighted average of daily closes over 158 sessions, not a true tick-by-tick VWAP. | +39.2% |
|---|---|---|
| Vs the average paid since it last reported | the price is 6% below the average price paid since it last reported on 2026-08-03 (its 10-Q), so the typical buyer over that stretch is under water. That average is $33.24 — a volume-weighted average of daily closes over 15 sessions, not a true tick-by-tick VWAP. | -6.5% |
Price levels it has turned at before
LIND last closed at $31.09 on 2026-08-21. Since 2024-08-21 it has turned at 12 prices below its last close and 1 above; the 3 nearest below and the nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $34.98 | Resistance | 12.5% above the last close | turned there twice · 2026-08-05 to 2026-08-14 |
| $21.26 | Support | 31.6% below the last close | turned there twice · 2026-02-20 to 2026-06-05 |
| $16.06 | Support | 48.3% below the last close | turned there twice · 2026-03-09 to 2026-04-02 |
| $15.05 | Support | 51.6% below the last close | turned there twice · 2025-08-25 to 2025-12-22 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now complete.
This labelling fails — stops being a possible reading at all — if it closes above $35.00.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · MACD just crossed bearish (12/26/9) · in a strong, established uptrend (ADX) · beating the market · Printed a bearish engulfing pair · On a losing streak (5+ lower closes in a row) | Learn: moving average · golden cross · adx · rsi · macd · breakout
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$36.60 range $29.00 – $40.00; median $37.00
Analyst estimates, as of 2026-08-22. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for LIND
- Consensus EPS estimate$0.4057 next reporting period, as of 2026-08-22
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Significant debt levels and associated interest expense requirements","Sensitivity to global economic conditions and travel demand fluctuations","Operating risks associated with remote, high-cost expedition maritime travel"]
What changed in the latest 10-Q
AI-assisted comparison of LIND's 10-Q filed 2026-05-05 against the prior one filed 2025-11-04.
Management's Discussion & Analysis (MD&A)
- Added:
- In newer filing (2026-05-05): Reference to '2025 Annual Report' filed February 26, 2026
- In newer filing (2026-05-05): Risk item 'loss of business due to competition' appears as separate bullet point
- In newer filing (2026-05-05): Risk item 'unscheduled disruptions in our business due to travel restrictions, weather events, mechanical failures, pandemics or other events' appears as separate bullet point
- In newer filing (2026-05-05): 10 seasonal charter vessels (compared to seven in older filing)
- In newer filing (2026-05-05): Mission statement uses 'life-enhancing adventures' instead of 'life-changing adventures'
- In newer filing (2026-05-05): Land-based operations described as 'around the globe' with 'remarkable destinations' (instead of 'wild destinations')
- Removed:
- In older filing (2025-11-04): Reference to '2024 Annual Report' filed February 28, 2025
- In older filing (2025-11-04): Risk item about 'geopolitical, macroeconomic conditions, tariffs, changes in trade policies or capital markets volatility'
- In older filing (2025-11-04): Risk item about 'cancelling or rescheduling of voyages, the denial and/or unavailability of ports of call' related to health pandemics, political/civil unrest, war, terrorism
- In older filing (2025-11-04): Risk item about 'unscheduled disruptions in our business due to civil unrest, travel restrictions, weather events, mechanical failures, pandemics or other events' (consolidated in newer version)
- In older filing (2025-11-04): Risk item about 'changes in tax policies and other governmental regulations in the geographies in which we operate'
- In older filing (2025-11-04): Risk item about 'inability to meet or achieve our sustainability related goals, aspirations, initiatives, and our public statements and disclosures regarding them'
- In older filing (2025-11-04): Phrase 'which was recently expanded and extended through 2040' regarding National Geographic relationship
- In older filing (2025-11-04): Reference to Natural Habitat partnership with WWF 'for more than 20 years'
- In older filing (2025-11-04): Phrase 'land-based nature adventure travel expeditions' (changed to 'land-based adventure travel experiences')
- Reworded:
- Annual Report reference date changed from February 28, 2025 to February 26, 2026
- Risk description changed from 'adverse general economic factors, including the impact of geopolitical, macroeconomic conditions...' to 'adverse general economic and/or geopolitical factors' (simplified)
- Fleet description changed from 'operate seven seasonal charter vessels' to 'operate 10 seasonal charter vessels'
- National Geographic relationship description simplified: removed phrase 'which was recently expanded and extended through 2040'
- Mission language changed from 'life-changing adventures' to 'life-enhancing adventures'
- Land-based operations phrasing changed from 'land-based nature adventure travel expeditions' to 'land-based adventure travel experiences'
- Land-based destinations changed from 'wild destinations' to 'remarkable destinations'
- Natural Habitat partnership language changed from 'has partnered with World Wildlife Fund for more than 20 years' to simply 'has partnered with World Wildlife Fund'
- Notes:
- The older filing text appears truncated at the end of the Business Overview section, making complete section comparison not fully assessable
- Risk factor list reordering observed between filings, but comparison focuses on substantive additions/removals/changes
- Some risk factors appear consolidated or restructured rather than purely removed in newer version
Risk Factors
The two filings could not be meaningfully compared for this section.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 3 open-market sales by insiders in the last 90 days.
- Last 90 days0 buys · 3 sells ($3M) — 2 selling insiders
- Last 180 days0 buys · 9 sells ($4M) — 4 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-06-17. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about LIND's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding LIND as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 8,573,503
- Reported value $148,321,603
reported quarterly holdings change (2025-12-31 → 2026-03-31): 1 new, 3 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
LIND had 5,825,482 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
LIND had 8.88% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 7.35 days to cover at the same settlement.
- Reported short interest (shares) 5,825,482
- Short interest (% of shares outstanding) 8.88%
- Prior settlement (shares) 5,752,290
- Reported change 1.27%
- Days to cover (reported) 7.35
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Royal Caribbean Group (RCL)
- Carnival Corporation (CCL)
- Norwegian Cruise Line Holdings (NCLH)
- Viking Holdings (VIK)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare LIND vs…
Frequently asked questions
What does LINDBLAD EXPEDITIONS HOLDINGS INC (LIND) do?
Lindblad Expeditions Holdings, Inc. is a provider of expedition cruising and adventure travel experiences. The company operates a fleet of owned and chartered expedition vessels, offering trips to remote destinations worldwide including the polar regions, the Galapagos Islands, and other coastal areas, often focused on marine biology, conservation, and photography.
What sector is LINDBLAD EXPEDITIONS HOLDINGS INC (LIND) in?
LINDBLAD EXPEDITIONS HOLDINGS INC (LIND) is classified in the Consumer Discretionary sector. Its industry is Cruise Lines & Adventure Travel. It trades on NASDAQ.
Who are LINDBLAD EXPEDITIONS HOLDINGS INC's (LIND) competitors?
Notable peers of LINDBLAD EXPEDITIONS HOLDINGS INC (LIND) include Royal Caribbean Group, Carnival Corporation, Norwegian Cruise Line Holdings and Viking Holdings. This peer set is informational only — not financial advice.
Is LINDBLAD EXPEDITIONS HOLDINGS INC (LIND) overbought or oversold right now?
LINDBLAD EXPEDITIONS HOLDINGS INC (LIND) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 51, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on LIND come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.