Viking Holdings Ltd. (NYSE:VIK) Receives $72.40 Consensus Price Target from Brokerages

Shares of Viking Holdings Ltd. (NYSE:VIK) have been assigned an average rating of “Moderate Buy” from the seventeen brokerages that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $72.6667.

Several research analysts recently weighed in on VIK shares. Morgan Stanley raised their target price on Viking from $75.00 to $79.00 and gave the company an “overweight” rating in a research note on Wednesday, March 4th. The Goldman Sachs Group upgraded shares of Viking from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $66.00 to $78.00 in a research report on Tuesday, December 9th. Stifel Nicolaus upped their price target on shares of Viking from $85.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Truist Financial raised their price objective on shares of Viking from $59.00 to $61.00 and gave the company a “hold” rating in a research report on Tuesday, December 2nd. Finally, Jefferies Financial Group raised shares of Viking from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $60.00 to $80.00 in a research note on Monday, December 15th.

More Viking News

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Viking took delivery of a new river ship, the Viking Eldir, expanding capacity on Rhine/Main/Danube itineraries. Fleet growth supports revenue and itinerary availability for the key river-cruise segment. Viking Takes Delivery of Newest River Ship in Europe
• Positive Sentiment: UBS raised its price target on VIK to $83.00 — analyst upgrades/target lifts can directly improve investor sentiment and buying interest. Viking (NYSE:VIK) Price Target Raised to $83.00 at UBS Group
• Neutral Sentiment: A press piece highlights a VGS portfolio move that “supercharges” Viking SupplyNet with premium piping connections. It’s unclear how directly this affects Viking Holdings’ core cruise/tour operations or near-term earnings, so any impact is uncertain. VGS Portfolio Supercharges Viking SupplyNet’s Unique, Vertically Integrated Model with Premium Piping Connections
• Neutral Sentiment: Several media items reference the word “Viking” (sports, history, lifestyle, or other companies like Viking Therapeutics). These are brand/name noise and not related to Viking Holdings’ fundamentals. Investors should ignore those when evaluating VIK. Example: NFL coverage about the Minnesota Vikings (not the company). Kyler Murray signs with Vikings: Minnesota earns A+ for landing former No. 1 pick after Cardinals release
• Negative Sentiment: Financial/valuation headwinds remain: VIK carries high leverage (debt-to-equity ~4.76) and short-term liquidity ratios below 1.0, which can amplify downside during demand slowdowns or cost pressures. These factors temper upside despite positive operational/analyst news.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VIK. Invesco Ltd. lifted its position in shares of Viking by 400.3% during the 2nd quarter. Invesco Ltd. now owns 10,577,113 shares of the company’s stock valued at $563,654,000 after acquiring an additional 8,462,947 shares during the last quarter. Federated Hermes Inc. grew its holdings in shares of Viking by 381.8% in the 3rd quarter. Federated Hermes Inc. now owns 8,474,767 shares of the company’s stock worth $526,792,000 after acquiring an additional 6,715,666 shares during the last quarter. Norges Bank acquired a new stake in shares of Viking during the fourth quarter worth $372,297,000. Massachusetts Financial Services Co. MA raised its position in shares of Viking by 80.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 8,117,783 shares of the company’s stock worth $504,601,000 after purchasing an additional 3,615,969 shares during the period. Finally, AQR Capital Management LLC lifted its holdings in shares of Viking by 316.8% during the fourth quarter. AQR Capital Management LLC now owns 4,426,297 shares of the company’s stock valued at $316,082,000 after purchasing an additional 3,364,265 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Viking Price Performance

Shares of NYSE:VIK opened at $68.28 on Monday. The stock has a market cap of $30.43 billion, a price-to-earnings ratio of 26.57, a PEG ratio of 1.25 and a beta of 1.96. The company has a debt-to-equity ratio of 4.76, a current ratio of 0.79 and a quick ratio of 0.77. Viking has a 12 month low of $31.79 and a 12 month high of $81.48. The stock’s 50 day moving average price is $73.45 and its 200 day moving average price is $67.11.

Viking (NYSE:VIK) last issued its quarterly earnings results on Tuesday, March 3rd. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.13. Viking had a return on equity of 240.75% and a net margin of 17.65%.The firm had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same period last year, the company posted $0.45 EPS. The firm’s quarterly revenue was up 27.8% on a year-over-year basis. Equities research analysts anticipate that Viking will post 1.49 earnings per share for the current fiscal year.

About Viking

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.