Viking Holdings Sees Strong Early Bookings For 2024 And 2025, Analysts Optimistic About Pricing Power And Market Position
Portfolio Pulse from Shivani Kumaresan
Viking Holdings Ltd (NYSE:VIK) reported strong first-quarter FY24 earnings, with analysts optimistic about its future bookings and pricing power. The company is 91% booked for 2024 at higher prices and 39% booked for 2025. Analysts from BofA Securities, Stifel, and J.P. Morgan reiterated their positive ratings and price targets, highlighting VIK's strong market position and forward booking trends.
May 30, 2024 | 5:49 pm
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Viking Holdings Ltd (NYSE:VIK) reported strong 1Q24 earnings, beating EBITDA estimates. The company is 91% booked for 2024 at higher prices and 39% booked for 2025. Analysts from BofA Securities, Stifel, and J.P. Morgan reiterated their positive ratings and price targets, highlighting VIK's strong market position and forward booking trends.
Viking Holdings reported better-than-expected 1Q24 earnings and strong future bookings, leading analysts to reiterate their positive ratings and price targets. This positive sentiment is likely to drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100