Did You Know That Viking Holdings Has Doubled Over the Past Year?

Viking Holdings has doubled over the past year, rising about 108%, outperforming its peers in cruise stocks. Viking’s market cap stands at $41 billion, topping Carnival at $39 billion and Norwegian at $8 billion, while its enterprise value is $43 billion, well below Carnival’s $63 billion. Viking delivered an 18% revenue gain in its latest quarter, more than the roughly 6%–10% logged by peers. The company specializes in river cruises on intimate ships with fewer than 200 passengers, targeting affluent, older travelers who tend to be less sensitive to economic swings. About 92% of 2026 capacity is booked, with 38% of 2027 already spoken for.