Viking Holdings Ltd. (NYSE:VIK) Receives Average Recommendation of “Moderate Buy” from Analysts

Viking Holdings Ltd. (NYSE:VIK) has been assigned a consensus rating of “Moderate Buy” from the fifteen research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and eleven have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $93.8571.

VIK has been the subject of a number of research reports. Barclays lifted their target price on shares of Viking from $76.00 to $88.00 and gave the company an “equal weight” rating in a research note on Friday, May 15th. Wells Fargo & Company raised shares of Viking from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $79.00 to $109.00 in a research note on Monday, May 18th. Morgan Stanley reissued an “equal weight” rating and set a $86.00 target price (up from $81.00) on shares of Viking in a research note on Friday, May 15th. The Goldman Sachs Group lifted their target price on shares of Viking from $84.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, May 15th. Finally, Rothschild & Co Redburn set a $95.00 target price on shares of Viking and gave the company a “buy” rating in a research note on Tuesday, April 14th.

Trending Headlines about Viking

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Viking announced its 2028-2029 World Cruise itineraries, including a 142-day world cruise aboard Viking Vesta, spanning six continents and 31 countries. The announcement highlights strong long-term booking visibility and supports the company’s growth narrative. Viking Announces 2028-2029 World Cruise Itineraries
• Positive Sentiment: Viking said it took delivery of the Viking Mira, its newest ocean ship, adding capacity to the fleet. New ship deliveries can support future revenue growth by expanding the number of guests the company can carry. Viking Takes Delivery of Newest Ocean Ship
• Positive Sentiment: News reports noted Viking shares were among the cruise names soaring, suggesting broader investor enthusiasm for the sector and momentum in travel-related stocks. Royal Caribbean and Viking shares are soaring, what you need to know
• Neutral Sentiment: Coverage highlighted Viking’s upcoming ship deliveries and order book, which reinforces growth plans but does not appear to include new financial guidance or a change in outlook. Viking Holdings updates on its upcoming ship deliveries and order book
• Negative Sentiment: A travel article raised questions about extra charges that can still apply despite Viking’s “more is included” marketing, which could slightly pressure sentiment if consumers focus on pricing transparency. Viking says more is included – then cruisers find the charges that still hit later

Insider Activity

In related news, EVP Jeffrey Dash sold 46,369 shares of Viking stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $80.23, for a total value of $3,720,184.87. Following the completion of the sale, the executive vice president owned 420,022 shares of the company’s stock, valued at approximately $33,698,365.06. The trade was a 9.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Institutional Investors Weigh In On Viking

Several institutional investors and hedge funds have recently modified their holdings of VIK. NewEdge Advisors LLC lifted its stake in shares of Viking by 92.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,440 shares of the company’s stock valued at $57,000 after purchasing an additional 690 shares during the last quarter. Prudential Financial Inc. acquired a new stake in shares of Viking in the 2nd quarter valued at $303,000. Daiwa Securities Group Inc. acquired a new stake in shares of Viking in the 2nd quarter valued at $922,000. State Street Corp lifted its stake in shares of Viking by 34,748.5% in the 2nd quarter. State Street Corp now owns 1,812,120 shares of the company’s stock valued at $96,568,000 after purchasing an additional 1,806,920 shares during the last quarter. Finally, Nebula Research & Development LLC lifted its stake in shares of Viking by 275.0% in the 2nd quarter. Nebula Research & Development LLC now owns 30,257 shares of the company’s stock valued at $1,612,000 after purchasing an additional 22,188 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Viking Trading Up 5.6%

Shares of NYSE:VIK opened at $92.64 on Friday. The firm has a fifty day moving average of $79.19 and a two-hundred day moving average of $73.61. The firm has a market capitalization of $41.29 billion, a P/E ratio of 34.44, a price-to-earnings-growth ratio of 1.27 and a beta of 1.57. Viking has a 12-month low of $43.41 and a 12-month high of $92.75. The company has a quick ratio of 0.76, a current ratio of 0.78 and a debt-to-equity ratio of 5.27.

Viking (NYSE:VIK) last issued its earnings results on Thursday, May 14th. The company reported ($0.11) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.11). The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.01 billion. Viking had a net margin of 18.00% and a return on equity of 149.40%. The company’s revenue for the quarter was up 17.5% on a year-over-year basis. During the same quarter last year, the business posted ($0.24) EPS. On average, equities analysts expect that Viking will post 3.28 EPS for the current fiscal year.

Viking Company Profile

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.