Bank of America Issues Positive Forecast for Viking (NYSE:VIK) Stock Price

Viking (NYSE:VIK) had its target price lifted by Bank of America from $70.00 to $80.00 in a research report report published on Monday morning,Benzinga reports. Bank of America currently has a buy rating on the stock.

Several other brokerages have also recently weighed in on VIK. Citigroup lifted their price target on Viking from $74.00 to $85.00 and gave the company a “buy” rating in a research report on Friday, December 12th. Jefferies Financial Group raised Viking from a “hold” rating to a “buy” rating and lifted their target price for the company from $60.00 to $80.00 in a report on Monday, December 15th. Mizuho set a $59.00 price target on Viking in a research report on Wednesday, November 19th. Wall Street Zen lowered shares of Viking from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. Finally, UBS Group boosted their price objective on shares of Viking from $69.00 to $79.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Eleven investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $66.63.

Viking Stock Performance

NYSE VIK opened at $72.53 on Monday. The firm has a market cap of $32.14 billion, a P/E ratio of 33.89, a price-to-earnings-growth ratio of 0.63 and a beta of 2.07. The company has a quick ratio of 0.61, a current ratio of 0.63 and a debt-to-equity ratio of 5.68. The company’s 50 day moving average is $67.16 and its 200-day moving average is $62.29. Viking has a 12-month low of $31.79 and a 12-month high of $74.61.

Viking (NYSE:VIK) last released its quarterly earnings data on Wednesday, November 19th. The company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.19 by $0.01. Viking had a net margin of 15.53% and a return on equity of 716.92%. The company had revenue of $2 billion during the quarter, compared to the consensus estimate of $1.99 billion. During the same period last year, the firm earned $0.89 EPS. Viking’s revenue for the quarter was up 19.1% on a year-over-year basis. Sell-side analysts predict that Viking will post 1.49 earnings per share for the current year.

Institutional Trading of Viking

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Park Avenue Securities LLC boosted its holdings in Viking by 2.7% during the 4th quarter. Park Avenue Securities LLC now owns 6,733 shares of the company’s stock valued at $481,000 after acquiring an additional 177 shares during the period. Legacy Wealth Asset Management LLC lifted its position in Viking by 3.3% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 5,780 shares of the company’s stock valued at $413,000 after purchasing an additional 187 shares during the last quarter. CI Investments Inc. boosted its stake in shares of Viking by 53.1% during the third quarter. CI Investments Inc. now owns 551 shares of the company’s stock valued at $34,000 after purchasing an additional 191 shares during the period. Simon Quick Advisors LLC grew its holdings in shares of Viking by 1.5% in the third quarter. Simon Quick Advisors LLC now owns 17,127 shares of the company’s stock worth $1,065,000 after purchasing an additional 249 shares during the last quarter. Finally, Golden State Wealth Management LLC grew its holdings in shares of Viking by 20.1% in the second quarter. Golden State Wealth Management LLC now owns 1,982 shares of the company’s stock worth $106,000 after purchasing an additional 332 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

More Viking News

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Bank of America raised its price target on VIK to $80 and set a “buy” rating, implying roughly 10% upside from the recent price; analyst upgrades and target raises often drive near‑term buying interest. Article Title
• Positive Sentiment: A Yahoo Finance piece estimates VIK shares could be ~23% below intrinsic value, reinforcing an undervaluation narrative that can attract value and long‑only investors. Article Title
• Positive Sentiment: Recent company fundamentals: the last reported quarter (Nov.) showed an EPS beat and ~19% YoY revenue growth, metrics that support the bullish analyst view and justify multiple expansion. (Quarterly details referenced from company filings/earnings release.)
• Neutral Sentiment: Industry/brand comparison coverage (e.g., AmaWaterways vs. Viking) may influence consumer perception and booking decisions over time but is not immediate earnings news. Article Title
• Neutral Sentiment: Several media stories about historical “Viking” archaeological finds are generating social/media noise (shipwrecks, graves, farm excavations). These are unrelated to Viking Holdings’ business and likely have no material impact on the stock. Representative links: Read More., Read More., Read More..
• Negative Sentiment: Balance‑sheet caution: VIK shows high leverage (debt-to-equity ~5.7) and low liquidity (current ratio ~0.63), which raises financial risk if travel demand softens or interest rates rise — a potential catalyst for downside in stressed market scenarios.

Viking Company Profile

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.