On Wednesday, Bank of America highlighted Viking Holdings among 16 diversified “hot stock picks” outside the AI trade, citing the company’s dominant share in river cruising and differentiated, culture‑forward itineraries. The nod lands a week before Viking’s third‑quarter results and conference call. [1]
What’s new today (Nov. 12, 2025)
- BofA adds Viking to its 16 “beyond tech/AI” picks. The analysts point to Viking’s scale in river cruising (over half the market, by their estimate) and premium, “culturally enriching” itineraries that have helped deliver stronger margins versus peers. The inclusion places Viking in a cross‑sector basket that also features consumer, energy, logistics and media names. [2]
- Earnings preview lands: Coverage today flags Viking’s Q3 2025 print before the open on Wednesday, Nov. 19 at 8:00 a.m. ET, with Street models centered around ~$1.19 EPS on ~$2.0B revenue. A week‑ahead briefing also recaps the last quarter’s trends. [3]
Key dates & how to listen
- Q3 2025 results release & webcast:Wednesday, Nov. 19, 2025 at 8:00 a.m. ET; webcast and 30‑day replay will be available on Viking’s investor relations site. [4]
By the numbers: what the Street is watching
- Consensus for Q3: ~$1.19 EPS; ~$1.99B revenue. [5]
- Analyst stance:“Moderate Buy” based on 16 recent ratings (9 Buy / 6 Hold / 1 Sell). [6]
- Recent operating baseline (Q2 2025): Revenue $1.88B (+18.5% y/y), Adjusted EBITDA $632.9M (+28.5% y/y), Net Yield $607 (+8% y/y), EPS $0.99. These set the bar for Q3 comps. [7]
Why BofA’s call matters to VIK stock today
BofA’s screen is designed to surface buy‑rated names with positive estimate revisions and undemanding valuations outside of AI‑centric tech. For Viking specifically, the thesis leans on category leadership in river cruising and a premium, destination‑immersive brand that supports pricing power and margins—factors that can be pivotal heading into an earnings print. [8]
What could move the stock on Nov. 19
Investors say they’ll focus on:
- Pricing & net yield traction into late‑2025 and early‑2026 sailings. (Last quarter’s net yield rose 8%.) [9]
- Load factors / booking mix for river vs. ocean, and any comment on promotion levels.
- Capacity additions & fleet cadence, after October’s updates on new river ships and fleet milestones. [10]
- Free cash flow & leverage against an ongoing shipbuilding pipeline and financing plans.
Context you should know
- Near‑term setup: Several trackers today highlight the Nov. 19 results timing and a Street setup clustered just under $2B quarterly revenue—placing emphasis on whether yield and occupancy can offset cost inflation. [11]
- Fleet growth backdrop: In October, Viking took delivery of new river ships and celebrated naming ceremonies across six countries, underscoring continued capacity expansion into peak seasons. [12]
- Valuation lens (recent note): A Nov. 2 analysis framed VIK trading below a widely followed fair‑value estimate (~$66 vs. a ~$61 spot at the time), implying upside if execution holds. (Valuation views vary by model.) [13]
Quick FAQ
When is Viking’s next earnings?
Nov. 19, 2025 (pre‑market), 8:00 a.m. ET, with a webcast and 30‑day replay on the IR site. [14]
What is the current Street consensus for Q3?
Around $1.19 EPS on ~$2.0B revenue. [15]
How are analysts positioned on VIK?
Consensus rating Moderate Buy (9 Buy / 6 Hold / 1 Sell across 16 analysts). [16]
Editor’s note & disclosure
This roundup focuses on news and analyst commentary published on Nov. 12, 2025, plus directly relevant company disclosures and recent baselines. It is for informational purposes only and not investment advice. Always do your own research or consult a licensed advisor.
Sources: MarketWatch/Dow Jones; Yahoo Finance; Business Wire/Company IR; MarketBeat; Viking IR press releases. Citations embedded above.
References
1. www.marketwatch.com, 2. www.marketwatch.com, 3. www.marketbeat.com, 4. www.businesswire.com, 5. www.marketbeat.com, 6. www.marketbeat.com, 7. ir.viking.com, 8. www.marketwatch.com, 9. ir.viking.com, 10. ir.viking.com, 11. www.marketbeat.com, 12. ir.viking.com, 13. finance.yahoo.com, 14. www.businesswire.com, 15. www.marketbeat.com, 16. www.marketbeat.com
