Headquartered in 94 Pitts Bay Road, Pembroke Fiscal year ends December NYSE: VIK viking.com
Viking Holdings Ltd is a Bermuda-incorporated travel company operating passenger cruise vacations across river, ocean, and expedition segments. The company operates a fleet of 92 river vessels (primarily in Europe, with expansion into Egypt and India), 13 ocean ships, and two expedition ships designed for polar regions and the Great Lakes. Viking serves predominantly English-speaking passengers, with approximately 88% of its customer base from North America, and also operates an Asia Outbound product for Mandarin-speaking travelers using four Longships and the Viking Yidun. River cruises operate seasonally from April to October, while ocean and expedition products run year-round. Revenue is generated from cruise and land packages, air, land excursions, and onboard spending. The company has an extensive newbuilding program with 14 river vessels on order for 2026-2028, nine ocean ships under construction for delivery through 2031 with SACE financing, and two expedition ships contracted for 2030-2031. Viking has options for an additional 16 river vessels and six ocean ships extending the pipeline through 2034. The company's majority shareholder is Viking Capital Limited, registered in the Cayman Islands. Updated
Next year is already largely booked: 2027 advance bookings sit at $4.71 billion, 21% higher year over year. Revenue rose 16.5% and both lines topped expectations, while occupancy slipped as new ships arrived faster than bookings.
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Viking Holdings Ltd is a Bermuda-incorporated travel company operating passenger cruise vacations across river, ocean, and expedition segments.
24/7 Wall St.'s 12-month price target for VIK is $102.70, rated Buy. The Wall Street consensus target is $109.55. VIK price prediction →
