BofA Raises Viking Holdings (VIK) PT to $80 Following Surge in Cruise Spending

Viking Holdings Ltd. (NYSE:VIK) is 1 of the best young stocks to bargain and clasp for 3 years. On January 12, Bank of America raised the firm’s terms people connected Viking Holdings to $80 from $70 with a Buy standing connected the shares. According to BofA recognition and debit paper data, monthly cruise spending surged 10.5% year-over-year successful December. Analysts noted that the cruise assemblage remains a important outlier successful the question industry; portion cruise request stayed strong, broader question spending declined by 1.9%, with airlines and hotels dropping 4.1% and 2.4%, respectively.

Earlier connected December 15, Jefferies upgraded Viking Holdings from Hold to Buy, importantly raising the terms people to $80 from $60. The steadfast based this determination connected the company’s accordant growth, the precocious prime of its concern model, and its advantageous presumption wrong the luxury question market. For 2026, Jefferies anticipates that Viking Holdings volition execute industry-leading nett output maturation of 5%, adjacent arsenic the institution expands its capableness by debased treble digits.

Additionally, connected December 12, Citi accrued its terms people for Viking Holdings to $85 from $74 and maintained its Buy rating. The steadfast observed that information from the cruise manufacture suggested either a slowdown successful user request oregon an progressively crowded Caribbean proviso market, and apt a premix of both. As a result, Citi expects cruise operators to supply much blimpish fiscal outlooks during their upcoming Q4 2025 net reports.

Viking Holdings Ltd. (NYSE:VIK) engages successful the rider shipping and different forms of rider transport successful North America, the UK, and internationally. It operates done the River and Ocean segments.

While we admit the imaginable of VIK arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.