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VIK +0.44%

Viking Holdings Ltd. (NYSE:VIK) is one of the best new stocks to invest in. On November 21, Jefferies analyst David Katz raised the firm’s price target on Viking Holdings to $60 from $59 with a Hold rating on the shares. This sentiment came after the company posted strong Q3 2025 financial results. Jefferies reports that initial projections for 2026 suggest strong performance in the Ocean and River segments for Viking Holdings. The company’s capital strategy remains unchanged, prioritizing ROI in growth over immediate capital returns.

In Q3, Viking Holdings made a revenue of $2.00 billion, which rose by 19.12% from the year-ago period and also surpassed guidance by $5.53 million. The company achieved its highest-ever quarterly Adjusted EBITDA of $704 million, marking a 26.9% year-over-year increase and resulting in an adjusted EBITDA margin of 52.8%. Net income reached $514 million, an improvement of $135 million compared to the same quarter in 2024. This performance translated to an Adjusted EPS of $1.20, which was up 33.2%.

Advanced bookings for 2025 totaled $5.6 billion, which is 21% higher than in 2024. Bookings for 2026 were already substantial at $4.9 billion, 14% higher than 2025’s booking value at the same time last year. This strong demand led to high utilization, with 96% of 2025 capacity and 70% of 2026 capacity already sold.

Viking Holdings Ltd. (NYSE:VIK) engages in the passenger shipping and other forms of passenger transport in North America, the UK, and internationally. It operates through the River and Ocean segments.

While we acknowledge the potential of VIK as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.