Viking Holdings' Premium Valuation Warrants A More Favorable Entry Point: Analyst
1. Goldman Sachs initiates coverage on VIK with a Neutral rating. 2. VIK's business model has strong appeal due to high demographic booking. 3. VIK shares rose 73% since IPO, prompting caution from analysts. 4. 70% of VIK's bookings are secured for 2025, indicating stability. 5. VIK's core demographic is affluent, but less new-to-cruise compared to peers.