Viking (NYSE:VIK) Stock Price Expected to Rise, Truist Financial Analyst Says

Viking (NYSE:VIK) had its target price boosted by Truist Financial from $61.00 to $75.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Truist Financial’s target price would suggest a potential upside of 0.67% from the stock’s current price.

Several other brokerages also recently weighed in on VIK. Wells Fargo & Company lowered their target price on shares of Viking from $82.00 to $78.00 and set an “equal weight” rating for the company in a research note on Friday, March 20th. Morgan Stanley upped their price target on Viking from $75.00 to $79.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 4th. The Goldman Sachs Group upgraded Viking from a “neutral” rating to a “buy” rating and increased their price objective for the company from $66.00 to $78.00 in a report on Tuesday, December 9th. Mizuho raised their price objective on Viking from $59.00 to $69.00 and gave the stock an “underperform” rating in a research report on Thursday, March 5th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Viking in a research note on Monday, December 29th. Eleven equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Viking presently has an average rating of “Moderate Buy” and an average price target of $73.33.

Viking Stock Performance

Shares of Viking stock opened at $74.50 on Tuesday. The company has a market capitalization of $33.20 billion, a PE ratio of 28.99, a P/E/G ratio of 1.34 and a beta of 1.96. The company has a 50-day simple moving average of $73.32 and a two-hundred day simple moving average of $67.63. Viking has a one year low of $31.79 and a one year high of $81.48. The company has a debt-to-equity ratio of 4.76, a quick ratio of 0.77 and a current ratio of 0.79.

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

Institutional Investors Weigh In On Viking

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

Trending Headlines about Viking

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Viking opened bookings for India river voyages for 2027–2029 and announced new sailing dates, expanding its long‑haul river itinerary footprint (new markets can drive incremental revenue and higher yields). Viking Announces New Sailing Dates for India River Voyages Through 2029
• Positive Sentiment: Management is accelerating capacity in India: Viking is building a second river vessel tailored for the Brahmaputra (Viking Ganges) and will deploy a second ship there, indicating material fleet investment and multi‑year booking visibility. Viking opens sales for India river voyages from 2027 Viking building a second river vessel for India
• Neutral Sentiment: Truist raised its price target on VIK from $61 to $75 but kept a “hold” rating — the new target offers only modest upside versus current levels, so this is more confirmation than a strong buy signal. Benzinga
• Neutral Sentiment: High‑profile PR item: footballer Erling Haaland donated an expensive Viking‑themed book to his hometown library. Positive for brand awareness but likely immaterial to fundamentals. Erling Haaland donates six-figure Viking book to hometown library Haaland donates £100,000 Viking book to home town
• Negative Sentiment: Short interest rose ~27.8% in March to ~6.38M shares (≈1.4% of float), increasing potential selling pressure — though the short‑interest days‑to‑cover remains low (~1.8 days), so the impact may be limited unless the trend continues.
• Negative Sentiment: Customer complaint coverage surfaced about an unpleasant experience on a Viking river cruise; this is a reputational risk that could affect bookings if such stories proliferate, but current coverage appears anecdotal. They booked a Viking River cruise – then realized no one warned them

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.