Viking Holdings Reports Strong Q2 Results Amid Record Bookings
Viking Holdings Ltd (NYSE:VIK) reported second-quarter 2026 adjusted earnings per share of $1.31, surpassing estimates and rising by over 30% year-over-year. Revenue grew to $2.19 billion, driven by capacity expansion and pricing strength. The company has sold nearly all its core capacity for the current year and more than half for next year, offering strong revenue visibility. Analysts remain divided on Viking's outlook. While Stifel maintains a Buy rating despite lowering its price target to $120, Mizuho keeps an Underperform rating with a raised but still cautious target of $82. Skeptics highlight concerns over debt levels and European river disruptions affecting operations. Hedge fund sentiment improved in Q2 2026 as AQR Capital Management increased its stake significantly while Select Equity Group maintained exposure despite trimming holdings.
Tickers: $VIK
Topics: adjusted_earnings capacity_utilization revenue_growth stock_performance