Viking Recognized for Fourth Consecutive Year as Best Luxury Line, Best for Couples and Best in the Mediterranean For the fourth consecutive year, Viking® (www.viking.com) (NYSE:VIK) has been named Best Luxury Line, Best Line for Couples and Best Line in the Mediterranean by U.S. News & World Report in the publication's 2025 Best Cruise Line rankings. The U.S. News & World Report travel rankings reflect a comprehensive analysis of expert opinions and traveler reviews, as well as recommendations and insider knowledge from the publication's in-destination seasoned writers and editors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home

Viking Holdings Ltd (the "Company" or "Viking") (NYSE:VIK) today reported financial results for the third quarter ended September 30, 2024. Key Highlights Total revenue for the third quarter of 2024 increased 11.4%, or $171.9 million compared to the same period in 2023. Gross margin increased 18.0% and Adjusted Gross Margin increased 12.0% compared to the same period in 2023, resulting in a Net Yield of $576. Adjusted EBITDA increased 15.3% compared to the same period in 2023. Diluted EPS was $0.86 and Adjusted EPS was $0.89. Net Leverage improved from 3.0x as of June 30, 2024 to 2.4x as of September 30, 2024. As of November 3, 2024, for its Core Products, Viking had sol

The Identical 82-Guest Viking Hathor and Viking Sobek Join the Company's Award-Winning Fleet in Egypt Viking® (www.viking.com) (NYSE:VIK) today named its newest river ships, the Viking Hathor and the Viking Sobek, with a special celebration in Luxor, Egypt. The Hon. Edward Herbert, served as ceremonial godfather of the Viking Hathor; his great-great-grandfather, the 5th Earl of Carnarvon, was Howard Carter's benefactor and co-explorer, whose excavation uncovered the tomb of King Tutankhamen near Luxor almost exactly 102 years ago on November 4, 1922. Mohamed El Banna, founder of Cosmos Egypt and a member of the Egyptian Senate, served as the ceremonial godfather of the Viking Sobek. The Vi

Viking Holdings Ltd ("Viking" or the "Company") (NYSE:VIK) has scheduled a conference call for 8:00 a.m. Eastern Time, Tuesday, November 19, 2024, to discuss the Company's third quarter 2024 financial results which will be released before the stock market opens. The call will be simultaneously webcast on Viking's investor relations website, https://ir.viking.com. A replay of the webcast will remain available for 30 days following the call. About Viking Viking (NYSE:VIK) was founded in 1997 and provides destination-focused journeys on rivers, oceans, and lakes around the world. Designed for curious travelers with interests in science, history, culture and cuisine, Chairman and CEO Torstein

The New Viking Sobek Joins Award-Winning Sister Ships on the Nile River Viking® (www.viking.com) (NYSE:VIK) today announced it has taken delivery of the company's newest ship for the Nile River, the Viking Sobek. The delivery ceremony took place when the new ship was presented at Massara shipyard in Cairo, Egypt. The 82-guest Viking Sobek joins the company's growing fleet of state-of-the-art ships for the Nile River and will sail Viking's popular 12-day Pharaohs & Pyramids itinerary. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241010346772/en/Viking today announced it has taken delivery of the company's newest ship for the Ni

Viking Makes History Again in the 2024 Readers' Choice Awards For the second year in a row, Viking® (www.viking.com) (NYSE:VIK) has been voted #1 for Rivers, #1 for Oceans and #1 for Expeditions by Condé Nast Traveler in the publication's 2024 Readers' Choice Awards. This achievement marks the first time a travel company has won these three categories in back-to-back years. Viking made history in 2023 by being the first travel company to be voted #1 in all three categories simultaneously. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241001409543/en/For the second year in a row, Viking has been voted #1 for Rivers, #1 for Ocean

The Viking Yi Dun Explores China's Coast in First-of-its-Kind Voyage with International Travelers Viking® (www.viking.com) (NYSE:VIK) today is celebrating its historic return to China as the Viking Yi Dun completed her first voyage from Shanghai to Hong Kong (Shenzhen). Viking's new itineraries include a domestic sailing of China's coast that highlights rarely-visited destinations and ports to which only Viking has access—something that has never been offered for international visitors. The itineraries operate from September to November on the 930-guest Viking Yi Dun—formerly the Viking Sun—a sister ship featuring the same award-winning design and service as all other ocean ships in Viking

Viking Holdings Ltd (NYSE:VIK) ("Viking") today announced the pricing of its secondary public offering of an aggregate of 30,000,000 ordinary shares at a public offering price of $31.00 per share. The selling shareholders are offering 30,000,000 ordinary shares and have granted the underwriters a 30-day option to purchase up to an additional 4,500,000 ordinary shares at the public offering price, less underwriting discounts and commissions. The offering is expected to close on September 13, 2024, subject to customary closing conditions. Viking is not offering any ordinary shares and will not receive any proceeds from the offering. BofA Securities and J.P. Morgan (listed in alphabetical or

Viking Holdings Ltd (NYSE:VIK) ("Viking") today announced the launch of a secondary public offering of 30,000,000 ordinary shares by certain selling shareholders of the Company (the "Selling Shareholders"), pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (the "SEC"). In connection with the offering, the Selling Shareholders have granted the underwriters a 30-day option to purchase up to an additional 4,500,000 ordinary shares. Viking is not offering any ordinary shares and will not receive any proceeds from the offering. BofA Securities and J.P. Morgan (listed in alphabetical order) are acting as lead underwriters and representatives

Bookings Now Open for Six Exclusive Itineraries Exploring China and Japan Viking® (www.viking.com) (NYSE:VIK) today announced six new itineraries in Asia that will expand exclusive access for guests to Japan and China, with Tibet (Xizang) in 2025. The new voyages range from 15 to 22 days and explore iconic destinations in China, including Shanghai, Beijing, Xi'an and Lhasa in Tibet (Xizang), as well as Osaka, Japan. The itineraries will continue to highlight rarely seen destinations and ports in China to which only Viking has access. Each voyage will offer guests immersive destination-focused experiences, insightful lectures and regionally inspired cuisine. Now open for booking, the new i

B of A Securities analyst Andrew Didora maintains Viking Holdings (NYSE:VIK) with a Buy and raises the price target from $35 to $40.

Set to Debut in Summer 2025, the Viking Vesta Meets Water for the First TimeViking® (www.viking.com) (NYSE:VIK) today announced its newest ocean ship, the Viking Vesta®, was "floated out," marking a major construction milestone and the first time the ship has touched water. Classified as a small ship, as are all Viking ocean ships, the Viking Vesta has a gross tonnage of 54,300 tons, with 499 staterooms that can host 998 guests. The ship is scheduled to debut in July 2025 and will spend her inaugural season sailing itineraries in the Mediterranean and in Northern Europe.

Barclays analyst Brandt Montour initiates coverage on Viking Holdings (NYSE:VIK) with a Overweight rating and announces Price Target of $39.

U.S. stocks closed mixed on Friday, with the S&P 500 edging lower during the session. The S&P 500 hit an intraday record level of 5,505.53 earlier last week, and recorded a weekly gain of 0.6%. The Dow Jones index, meanwhile, gained 1.45% to record its strongest weekly performance since May. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust. Benzinga’s Analyst Ratings API is a collection of the highest-

Truist Securities analyst Patrick Scholes initiates coverage on Viking Holdings (NYSE:VIK) with a Hold rating and announces Price Target of $38.

Morgan Stanley analyst Stephen Grambling maintains Viking Holdings (NYSE:VIK) with a Equal-Weight and raises the price target from $31 to $33.

Travel company Viking Holdings Ltd (NYSE:VIK) reported first-quarter FY24 earnings yesterday. The following are the reactions of different analysts to the company’s earnings. BofA Securities – Reiterates Buy, price target of $35.00 Analyst Andrew G. Didora said VIK reported solid 1Q24 results with EBITDA of $(4.4) million, beating the analyst’s $(11.9) million estimate. VIK is now 91% booked for 2024 at 9% higher pricing than the 2023 season at the same point in time and 39% booked for 2025 at 12% higher pricing than the 2024 season at the same point in time, noted the analyst. The analyst views this trend positively as bookings continue at strong pricing. The analyst notes in

Volatility surged back into the market on Wednesday, with the CBOE Volatility Index (VIX) spiking 9% after hitting nearly three-year lows last week, fueled by fresh upticks in Treasury bond yields. The yield on the 30-year Treasury note, a crucial benchmark for mortgage rates nationwide, soared to 4.74%, rising more than 15 basis points over two sessions and nearing its highest close since May 2. As yields climbed, bond prices dropped, with the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) falling 1.3%, following a 1.4% decline on Tuesday. Investors fear that the Fed will not cut interest rates more than once by the end of the year and not before November, as suggested by current