- Investing.com
Viking Holdings Ltd focused on providing passenger cruises in North America, the United Kingdom, and internationally. It operates through the River and Ocean segments. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States for English-speaking passengers. The Ocean segment provides ocean cruises for English-speaking passengers. The company provides expedition cruises for English-speaking passengers, Mississippi River cruises for English-speaking passengers and Viking Asia, which includes cruises in languages other than English provided. As of December 31, 2025, Viking Holdings Ltd operated a fleet of 103 ships, including 89 river vessels comprising 59 Longships, 12 smaller classes based on the Longship design,15 other river vessels, and three river vessel charters, including the Viking Saigon, Viking Mississippi, and the Viking Tonle; 12 ocean ships and 2 expedition ships. The company was formerly known as MISA Investments Limited and changed its name to Viking Holdings Ltd in November 2016. The company was founded in 1997 and is based in Pembroke, Bermuda.
Analyst Outlook | Price targets range from $54 to $82, with analysts closely watching Viking's adaptation to competitive pressures and market limitations |
Valuation Concerns | Trading at a premium with a P/E ratio of 37.4, Viking's valuation sustainability is questioned given the capital-intensive nature of the cruise industry |
Financial Health | Despite market uncertainties, Viking maintains a strong financial health score of 3.19, with projected revenue growth and an EBITDA estimate of $2.09 billion for 2026 |
Cruise Market Dynamics | Viking Holdings navigates a complex landscape of opportunities and challenges in the river cruise industry, facing new competition and capacity constraints |

Metrics to compare | VIK | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipVIKPeersSector | |
|---|---|---|---|---|
P/E Ratio | 31.6x | 12.6x | 10.9x | |
PEG Ratio | 0.05 | 0.03 | 0.02 | |
Price / Book | 33.1x | 3.3x | 1.4x | |
Price / LTM Sales | 5.6x | 0.7x | 0.9x | |
Upside (Analyst Target) | 2.5% | 33.2% | 28.3% | |
Fair Value Upside | Unlock | 24.0% | 10.2% | Unlock |