Stock AnalizLindblad Expeditions Holdings, Inc. LIND
Transportation Services · IPO 2013 · data as of November 13, 2026
Lindblad Expeditions Holdings, Inc. (LIND) is a consumer discretionary company listed in the US with a market value of about $2.3B. In the twelve months to September 30, 2026 it had revenue of $860M and net income of $4M, a net margin of 0.5%.
Its overall Stock Analiz score is 1.4 out of 5 (weak). The strongest part is future growth (3/5); the weakest is value (0/5).
Key numbers: a price to free cash flow of 23.6, 5-year revenue growth of 56% a year, a 5-year average ROIC of -4%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 83% below the current price.
Score: 1.4 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 5-year revenue growth above 8% a year
- Positive free cash flow
- Interest covered more than 5 times
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $860M | $771M | $645M | $570M | $422M | $147M | $82M | $343M | $310M | $267M | $242M |
| Net income | $4M | -$30M | -$31M | -$46M | -$111M | -$119M | -$99M | $16M | $11M | -$9M | $5M |
| Free cash flow | $96M | $64M | $59M | -$5M | -$40M | -$64M | -$248M | -$33M | $2M | -$28M | -$45M |
| EPS (diluted) | $-0.02 | $-0.63 | $-0.67 | $-0.94 | $-2.23 | $-2.41 | $-2.01 | $0.28 | $0.24 | $-0.19 | $0.10 |
| Net margin | 0.5% | -3.9% | -4.8% | -8.0% | -26.4% | -81.0% | -119.9% | 4.8% | 3.7% | -3.2% | 2.0% |
| ROIC | — | 9.5% | 4.5% | 2.1% | -13.3% | -23.2% | -15.4% | 8.6% | 7.9% | 3.1% | 3.8% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 6 analysts is $37.17, 8% above the current price; targets range from $30.00 to $43.00; the consensus rating is “Buy”; expected EPS is $0.06 for the fiscal year ending December 31, 2026.
Frequently asked questions
Is Lindblad Expeditions stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 83% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Lindblad Expeditions pay a dividend?
Not currently.
Is Lindblad Expeditions a good stock to buy?
We do not give buy or sell advice. Lindblad Expeditions scores 1.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.