Viking Holdings Beats Q2 Estimates as Record Bookings Boost Revenue Visibility

EarningsAnalyst
โดย Insider Monkey·US·Read original
Summary · why it matters

Viking Holdings reported second-quarter 2026 adjusted EPS of $1.31, beating consensus estimates of $1.24 and up 32.3% from $0.99 a year earlier, while total revenue rose 16.5% to $2.19 billion, also ahead of expectations. The beat was driven by capacity growth and pricing strength, with Capacity Passenger Cruise Days up 10.9% and Net Yield up 6.2% to $645, while adjusted EBITDA rose 18.2% to $748.4 million. As of August 9, the company had sold 96% of its core capacity for 2026 and 53% for 2027, and it expects to take delivery of one ocean ship and five river vessels during the remainder of 2026. However, analysts are split: Stifel lowered its price target to $120 from $125 but kept a Buy rating, citing temporary European low-water disruption, while Mizuho raised its target to $82 from $75 but maintained an Underperform rating, citing a lack of second-half catalysts and rising competition. The company faces $5.94 billion in total debt and heavy newbuild investments, and Q2 occupancy dipped slightly to 94.4% from 95.6%. Hedge fund sentiment strengthened, with 57 funds holding positions in Q2, up from 55, and AQR Capital Management increasing its stake by 24% to 9.29 million shares valued at about $967.3 million.

Impact on stocks 3

Financials▲ · 2 stocks
Stifel Financial Corporation
SF
± MixedCapitalrelevance

Stifel lowered its Viking price target to $120 from $125 but kept a Buy rating, a passing analyst action on another company.

Consumer Discretionary▲ · 1 stocks
Viking Holdings Ltd
VIK
▲ PositiveCapitalDemandrelevance

Viking beat Q2 estimates with adjusted EPS of $1.31 and revenue up 16.5% to $2.19 billion.

Off-coverage companies 1

AQR Capital ManagementPrivate± Mixed
relevance

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