Viking Holdings Surges 3.64% on Earnings and Analyst Upgrades Ranks 431st in $250M Trading Day

Viking Holdings Ltd (VIK) surged 3.64% to $60.39 on August 22, 2025, with a trading volume of $250 million, ranking 431st in the day’s equity market. Recent earnings updates and analyst forecasts have fueled optimism about the cruise operator’s growth trajectory.

The company reported second-quarter revenue of $1.9 billion, a 18.5% year-over-year increase, with adjusted EBITDA rising 28.5% to $632.9 million. Despite missing EPS estimates by $0.01, analysts revised their 2025 revenue forecasts to $6.36 billion, a 9.6% annual growth rate, and projected EPS of $2.45, up 56% from current levels. The consensus price target was lifted to $64.88, an 8.1% increase, reflecting confidence in Viking’s ability to outperform its travel services peers, who are forecast to grow revenues at 9.9% annually.

Analysts highlighted Viking’s strategic expansion plans, including new itineraries in Egypt and India, and its strong occupancy rates. While rising vessel costs and macroeconomic risks remain concerns, the firm’s robust advance bookings and gross margin improvement (up 22.3%) underscore its operational resilience. Institutional investors have also increased stakes, with holdings rising by over 4,000% in some cases, signaling long-term conviction.

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