Viking (NYSE:VIK) Given New $78.00 Price Target at Wells Fargo & Company

Viking (NYSE:VIK) had its price objective decreased by Wells Fargo & Company from $82.00 to $78.00 in a report published on Friday,Benzinga reports. Wells Fargo & Company currently has an equal weight rating on the stock.

A number of other analysts have also commented on the company. Mizuho lifted 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. Truist Financial upped their target price on shares of Viking from $59.00 to $61.00 and gave the company a “hold” rating in a research report on Tuesday, December 2nd. Citigroup raised their target price on shares of Viking from $85.00 to $88.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. JPMorgan Chase & Co. lifted their price target on shares of Viking from $73.00 to $74.00 and gave the stock an “overweight” rating in a research report on Monday, December 8th. Finally, Barclays boosted their price target on shares of Viking from $63.00 to $77.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 4th. Eleven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Viking presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.40.

Viking Stock Down 5.0%

NYSE:VIK opened at $67.91 on Friday. The company has a market cap of $30.27 billion, a price-to-earnings ratio of 26.43, a P/E/G ratio of 1.31 and a beta of 1.96. The company has a debt-to-equity ratio of 4.76, a quick ratio of 0.77 and a current ratio of 0.79. The stock’s fifty day moving average price is $73.24 and its two-hundred day moving average price is $67.38. Viking has a 52-week low of $31.79 and a 52-week high of $81.48.

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

Institutional Investors Weigh In On Viking

Hedge funds have recently bought and sold shares of the company. Invesco Ltd. grew its holdings in shares of Viking by 4.1% in the 4th quarter. Invesco Ltd. now owns 14,619,029 shares of the company’s stock valued at $1,043,945,000 after buying an additional 570,672 shares during the period. Federated Hermes Inc. increased its position in shares of Viking by 1.6% in the 4th quarter. Federated Hermes Inc. now owns 8,611,685 shares of the company’s stock valued at $614,960,000 after buying an additional 136,918 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Viking by 80.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 8,117,783 shares of the company’s stock worth $504,601,000 after buying an additional 3,615,969 shares during the period. Holocene Advisors LP lifted its holdings in Viking by 57.9% during the second quarter. Holocene Advisors LP now owns 5,706,427 shares of the company’s stock worth $304,095,000 after acquiring an additional 2,092,729 shares in the last quarter. Finally, Norges Bank bought a new position in Viking during the fourth quarter worth about $372,297,000. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Viking

Here are the key news stories impacting Viking this week:

• Positive Sentiment: Viking announced the float-out of the Viking Libra, a 54,300‑ton, hydrogen-capable cruise ship designed to operate with zero operational emissions; delivery is scheduled for November 2026 and the ship will serve Mediterranean and Northern Europe itineraries — a clear ESG and product-differentiation positive that could support long-term revenue and pricing power. Viking Announces Float-Out of the World’s First Hydrogen-Powered Cruise Ship
• Neutral Sentiment: Some analysts (e.g., Morgan Stanley per media coverage) view Viking as undervalued amid oil-price volatility — this suggests upside if fuel / macro conditions stabilize, but it’s a conditional/market-dependent thesis rather than an immediate catalyst. Amid oil price panic, Carnival and Viking are called undervalued by Morgan Stanley
• Neutral Sentiment: Local / brand engagement items (e.g., fan events and festival coverage) increase consumer visibility but are unlikely to move near‑term earnings or the share price materially. Viking enthusiasts to invade Fouke, Arkansas, for Spring Awakening Festival
• Negative Sentiment: Wells Fargo trimmed its price target from $82 to $78 and kept an “equal weight” rating — a modest analyst headwind that can pressure sentiment; coupled with Viking’s high leverage (debt/equity ~4.76) and low liquidity ratios (current ratio ~0.79, quick ratio ~0.77), investors may be wary of capital structure risks and shorter-term volatility. Wells Fargo lowers price target on Viking

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.