Viking Holdings Posts Strong Q1, Eyes Growth Ahead

From Nasdaq: 2025-05-20 17:19:00

Viking Holdings Inc. (NASDAQ: VIK) recently reported its first-quarter earnings for 2025, showing revenue of $897.06 million, 14.9% increase in capacity passenger cruise days, and 94.5% occupancy. Despite a slight dip in 2026 bookings at 37%, the company announced plans for new ships, including a hydrogen-powered vessel. Demand remains strong with 92% of capacity booked for the season.

Viking’s business model appeals to a generation with disposable income, focusing on luxury cruises without casinos or passengers under 18. Although the stock initially dropped after the earnings report, it has shown a trend of higher highs and higher lows. The company’s stock performance may find support around December 2024 levels, presenting a potential buying opportunity for investors.

Investors may want to keep an eye on Viking stock after the recent earnings report, as the stock initially dropped but later cut losses. With plans for new ships and strong demand, the company’s growth potential looks promising. Analysts may raise targets for the stock, signaling a potential opportunity for investors to consider adding to or taking a new position in VIK stock.



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