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Viking Holdings posts strong Q2 revenue growth but shares fall 7.5% on high valuation concerns

Analyst Insights
20 Aug 2026
Seeking Alpha
View Source
Bearish
pluang ai news

Viking Holdings Ltd. reported a 16.5% year-over-year revenue increase and expanding profit margins in Q2 2026. Despite these strong fundamentals and manageable debt levels, the company's shares dropped 7.5% due to high valuation multiples, with a trailing twelve months EV/EBITDA near 22x and a forward P/E of 23.3x, both significantly above industry peers. The analyst downgraded the stock to Hold, citing potential short-term downside risks amid macroeconomic challenges and high valuation, recommending investors wait for a better entry point.

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