Viking Holdings

The board of directors of Viking Holdings Ltd has approved a repurchase program for up to $1 billion of its common stock, which pushed the shares up 2.2% in after-hours trading. Management and CEO Leah Talactac describe the buyback as an expression of confidence in the company’s long-term outlook and as a way to return capital to shareholders while continuing fleet and growth investments. The program permits market purchases, private transactions or accelerated structures and eased short-term analyst concerns as well as operational risks from low water levels in European rivers. » More on de.investing.com

Viking reports adjusted EPS of $1.31 for Q2 2026 (consensus $0.95), revenue up 16.5% to $2.19bn and adjusted EBITDA of $748m (+18.2%). Bookings remain robust: 96% of core capacity for 2026 is sold and 53% for 2027 is booked; net revenues rose 6.2%. Management cites fleet expansion and pricing as growth drivers but warns that unusually low water levels in Europe could weigh on Q3. » More on de.investing.com

Viking Holdings stock rose to an all-time high of $105.84 and is currently trading at $105.25, near its 52-week high of $105.76. Year-to-date total return is about 78%, supported by a market capitalization of $47.13 billion and revenue growth of 21%. Valuation metrics such as a PEG of 0.21 point to possible overvaluation, while Bernstein (Outperform, price target $120.00) and UBS (Buy, price target $100.00) reiterated positive views. At the same time, options volume, particularly in puts, increased markedly; the rally in travel stocks was also aided by reports of a preliminary agreement between Washington and Tehran. » More on de.investing.com