Victory Capital Holdings: Hold Rating Amid EPS Decline and Stable Valuation

Michael Cyprys, an analyst from Morgan Stanley, maintained the Hold rating on Victory Capital Holdings (VCTR – Research Report). The associated price target remains the same with $64.00.

Michael Cyprys’s rating is based on a combination of factors that reflect both the current performance and future outlook of Victory Capital Holdings. The company’s earnings per share (EPS) for the second quarter of 2025 have decreased by 3.9% to $1.46 from $1.52 following the first quarter earnings. Additionally, the adjusted EPS estimates for 2025 and 2026 have been revised downward due to reduced management fees and an increased share count.
Despite these declines, the price target remains unchanged at $64, supported by a price-to-earnings ratio of 11.3x, slightly up from the previous 11.0x. This suggests that while there are challenges impacting the company’s financial metrics, the valuation remains relatively stable. Therefore, the Hold rating reflects a balanced view, acknowledging both the potential risks and the stable valuation outlook.

In another report released on May 9, J.P. Morgan also maintained a Hold rating on the stock with a $61.00 price target.