Why Did Viking Holdings Ltd Soar 10.5% On Strong Earnings Forecasts?

Viking Holdings Ltd (VIK) surged 10.5% in pre-market trading on April 23, 2025, marking a significant rise in its stock price.

Analysts have shown a generally positive outlook on Viking Holdings Ltd, with 14 analysts providing 12-month price forecasts. The average target price is $47.43, indicating a potential 24.82% increase from the current stock price of $38.00. The consensus rating among these analysts is "Buy," suggesting that the stock is expected to outperform the market over the next year.

Recent financial forecasts for Viking Holdings Ltd indicate strong growth prospects. Revenue for the current year is projected to reach $6.33 billion, an 18.68% increase from the previous year. Earnings per share (EPS) are expected to rise significantly, from $0.36 to $2.35, a 552.98% increase. For the next year, revenue is forecasted to grow by 14.58% to $7.25 billion, with EPS increasing by 26.49% to $2.98.

Despite the recent volatility, with the stock price falling by 5.75% on April 21, 2025, the overall trend remains positive. Barclays analyst Brandt Montour recently lowered the price target to $45 from $46 but maintained an Equal Weight rating, reflecting a cautious yet optimistic view on the stock's future performance.