NYSE:VIK - New York Stock Exchange, Inc. - BMG93A5A1010 - Common Stock
JP Morgan analyst Matthew Boss reiterated an Overweight rating on the shares of Viking Holdings Ltd (NYSE:VIK) and raised the price target to $58 from $50. From 2017 to 2019, VIK’s pre-pandemic annual revenue growth averaged approximately 29%, driven by around 23% capacity growth and 5% net yield growth, said the analyst. Looking ahead, the 2025 booking curve is 70% filled with a 7% pricing increase and 12% capacity expansion, leading to an estimated 5% yield growth and a 19% increase in top-lin
JP Morgan analyst Matthew Boss reiterated an Overweight rating for Viking Holdings, raising the price target to $58 from $50. The company is projected to see a 19% increase in top-line revenue by 2025, outpacing the Big 3 cruise lines.
Viking Cruises, Royal Caribbean receive price hikes as cruise booking demand stays strong. VIK breaks out, cruise lines retake key averages.
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VIK stock results show that Viking Holdings missed analyst estimates for earnings per share but beat on revenue for the second quarter of 2024.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Viking Holdings (NYSE:VIK) just reported results for the second quarter of 2024...
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When Viking Holdings Ltd. reports quarterly results on Thursday, the cruise line operator is likely to discover whether its hot start in the stock market can withstand cooling demand in the travel industry.
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