Norwegian Air ASA (NAS) Stock: What You Need to Know Norwegian Air ASA (NAS) is a low-cost airline based in Norway that offers flights to over 150 destinations worldwide. The company has a strong presence in the European market and is known for its affordable fares and extensive route network.

Norwegian Air ASA (NAS) Stock Performance

Recent Performance

In recent months, NAS stock has performed poorly due to the impact of the COVID-19 pandemic on the airline industry. However, the stock has started to recover as travel restrictions ease and demand for air travel increases.

Long-Term Performance

Over the past five years, NAS stock has outperformed the broader market. The company has consistently reported strong financial results and expanded its route network.

Factors Affecting Stock Performance

* Economic conditions * Competition from other airlines * Fuel prices * Currency fluctuations * Government regulations

Key Statistics

* Market capitalization: $1.5 billion * Revenue: $4.8 billion (2021) * Net income: $120 million (2021) * Number of employees: 10,000 * Fleet size: 150 aircraft

Analyst Recommendations

Most analysts have a "buy" or "hold" rating on NAS stock. The average price target is $6.50, which represents a potential upside of 25%.

Conclusion

Norwegian Air ASA is a well-established airline with a strong financial track record and a loyal customer base. The company is well-positioned to benefit from the recovery of the airline industry. However, investors should be aware of the risks associated with investing in the airline industry, including economic downturns, competition, and fuel price volatility.