Viking (NYSE:VIK) Price Target Raised to $90.00

Viking (NYSE:VIK) had its price objective boosted by Citigroup from $88.00 to $90.00 in a research note released on Monday,Benzinga reports. The brokerage currently has a buy rating on the stock.

Several other research analysts have also recently weighed in on VIK. Barclays cut their price target on shares of Viking from $77.00 to $76.00 and set an “equal weight” rating on the stock in a report on Friday, April 10th. Jefferies Financial Group upgraded shares of Viking from a “hold” rating to a “buy” rating and increased their price objective for the company from $60.00 to $80.00 in a research note on Monday, December 15th. Bank of America lifted their target price on shares of Viking from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Mizuho boosted their target price on Viking from $59.00 to $69.00 and gave the stock an “underperform” rating in a research note on Thursday, March 5th. Finally, Morgan Stanley upped their target price on Viking from $75.00 to $79.00 and gave the company an “overweight” rating in a report on Wednesday, March 4th. Eleven equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $76.67.

Viking Price Performance

Shares of NYSE:VIK opened at $81.06 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.77 and a debt-to-equity ratio of 4.76. The stock has a market cap of $36.13 billion, a PE ratio of 31.54, a price-to-earnings-growth ratio of 1.50 and a beta of 1.90. The stock’s fifty day simple moving average is $74.58 and its two-hundred day simple moving average is $68.97. Viking has a 1-year low of $36.99 and a 1-year high of $81.98.

Viking (NYSE:VIK) last posted its earnings results on Saturday, February 14th. The company reported $0.67 earnings per share (EPS) for the quarter. The firm had revenue of $1.72 billion during the quarter. Viking had a net margin of 17.65% and a return on equity of 240.75%. As a group, analysts forecast that Viking will post 1.49 EPS for the current fiscal year.

Insider Transactions at Viking

In other Viking news, EVP Jeffrey Dash sold 28,631 shares of Viking stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $80.22, for a total value of $2,296,778.82. Following the sale, the executive vice president owned 466,391 shares of the company’s stock, valued at approximately $37,413,886.02. The trade was a 5.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Y Intercept Hong Kong Ltd purchased a new stake in Viking in the third quarter worth $989,000. Congress Asset Management Co. bought a new stake in shares of Viking in the third quarter valued at $65,041,000. Merit Financial Group LLC lifted its position in shares of Viking by 42.6% during the 3rd quarter. Merit Financial Group LLC now owns 27,635 shares of the company’s stock valued at $1,718,000 after buying an additional 8,256 shares during the last quarter. Diversified Trust Co purchased a new position in shares of Viking during the 3rd quarter valued at $1,258,000. Finally, Stephens Investment Management Group LLC grew its stake in shares of Viking by 12.9% during the 3rd quarter. Stephens Investment Management Group LLC now owns 686,873 shares of the company’s stock worth $42,696,000 after acquiring an additional 78,380 shares during the period. 98.84% of the stock is owned by institutional investors.

Viking News Summary

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Rothschild & Co Redburn upgraded VIK from “neutral” to “buy” and raised its price target to $95 from $72, signaling meaningful long‑term upside potential and prompting buying interest. Rothschild Upgrade
• Positive Sentiment: Citigroup published a bullish forecast calling for strong price appreciation in VIK, reinforcing the upgrade-driven optimism among institutional investors. Citigroup Forecast
• Positive Sentiment: CEO Torstein Hagen appeared one-on-one with Jim Cramer (CNBC), increasing retail/institutional visibility; such interviews can amplify confidence if management reiterates growth/return plans. CEO Interview
• Neutral Sentiment: NYSE ran a pre‑market floor advisory noting Viking’s two‑year anniversary since going public — a PR/visibility event that can attract attention but is not a direct earnings catalyst. NYSE Anniversary
• Neutral Sentiment: Trading volume is slightly above average (2.96M vs. ~2.74M), indicating elevated but not extreme activity — consistent with analyst-driven interest and some profit‑taking. (Market data summary)
• Neutral Sentiment: Several lifestyle/history pieces and videos referencing “Viking” cultural themes circulated (NYT Athletic on a hockey prospect, travel/history features). These drive broader brand recognition but have little direct impact on fundamentals. NYT Athletic MSN Travel
• Negative Sentiment: Balance‑sheet and liquidity metrics remain a concern: quick ratio ~0.77, current ratio ~0.79 and high debt/equity (~4.76). Those figures can increase investor sensitivity to macro or revenue shocks. (Market data summary)

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.