Viking Holdings Ltd (NASDAQ:VIK) Shows Strong Grow…

From Barchart: 2025-02-25 07:00:02

Viking Holdings Ltd (NASDAQ:VIK) is a major player in the passenger shipping industry, operating in North America and the UK. With 92 ships, Viking Holdings offers River and Ocean segments, as well as tourism services. Analysts have increased the price target for VIK, now at $55, reflecting confidence in the company’s growth.

Viking Holdings has a history of exceeding earnings expectations, with a projected revenue growth of 17.7% in 2025. The company’s Zacks Rank #1 (Strong Buy) highlights its strong market position. Recent financial performance has been strong, with a 48% increase in revenue compared to pre-COVID levels and reduced net debt.

Advance bookings for Viking Holdings have increased by 26% year-over-year, indicating high demand for their services. Analysts are bullish on the company’s future, with a price target of $49 set by Patrick Scholes from Truist Financial. Investors should keep an eye on upcoming earnings reports for potential stock price movements.



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