Why Shares of Lindblad Expeditions Are Rocketing Higher Today

Lindblad Expeditions stock surged 11.4% after reporting strong Q2 2026 results with $199.2 million in revenue (beating $185.9 million expectations) and a net loss of $0.02 per share (better than anticipated $0.11 loss). The company raised its 2026 revenue guidance to $830-850 million from $800-830 million, achieved record net yield of $1,294 and 91% occupancy. However, the analyst cautions that at 247x forward earnings and a 52-week high valuation, investors should wait for a pullback.