Positive. High growth potential in cruise industry post-COVID, Agilysys positioned well in market.

From Yahoo Finance: 2025-04-09 12:06:00

The cruise industry is recovering post-Covid with 35.7 million passengers expected to sail in 2024, up 6% from 2019. JP Morgan reports a successful 2024 wave season, projecting cruise passengers to exceed pre-COVID levels from 2023 to 2027, attracting younger travelers and growing the market to $7.67 billion in 2022.

Exane BNP Paribas predicts rising cruise net yields in 2025 and 2026 due to strong demand and revenue drivers like private islands. Cruise lines stand to gain market share in the $2 trillion global vacation market. Digital innovations enhance onboard experiences, fueling earnings growth and pricing power for the industry.

Agilysys, Inc. (NASDAQ: AGYS) offers hospitality software solutions for various sectors, including cruise lines, hotels, and more. Needham analyst Mayank Tandon sees Agilysys positively positioned in a $16 billion market, predicting growth rebound despite current headwinds. The company’s strong long-term prospects justify a Buy rating.

AGYS ranks 11th in the list of best cruise stocks according to hedge funds. While it shows promise, some AI stocks may offer higher returns in a shorter timeframe. Investors seeking AI stocks with potential gains can explore opportunities beyond AGYS. Check out our report on the cheapest AI stock for more insights.



Read more at Yahoo Finance: Why Agilysys, Inc. (AGYS) Is One of the Best Cruise Stocks to Buy According to Hedge Funds