Analyst Andrew Didora from Bank of America Securities reiterated a Buy rating on Viking Holdings Ltd and keeping the price target at $70.00.
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Andrew Didora has given his Buy rating due to a combination of factors including Viking Holdings Ltd’s strong financial performance and pricing strategy. The company’s second quarter 2025 EBITDA exceeded expectations, driven by an 8% growth in ticket yields, which surpassed the anticipated 5-6% increase. This robust performance suggests that Viking Holdings can maintain its pricing power, particularly in its River segment, which showed a notable acceleration in pricing.
Additionally, Viking Holdings’ growth metrics support its premium valuation, with a projected EBITDA growth of over 25% for 2025 and mid-teens growth for 2026 and 2027. The company’s return on invested capital and EBITDA per available passenger cruise day are significantly higher than industry peers, justifying the $70 price objective. These factors collectively underpin Andrew Didora’s confidence in recommending a Buy rating for Viking Holdings Ltd.
In another report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a $72.00 price target.