Victory Capital Holdings Performance degli utili passati
Criteri Il passato verificati 2/6
Victory Capital Holdings ha registrato una crescita degli utili a un tasso medio annuo di 1.2%, mentre il settore Capital Markets ha registrato utili in crescita a un tasso medio annuo di 7%. I ricavi sono stati in crescita a un tasso medio annuo di 8.1%. Il ritorno sul capitale proprio di Victory Capital Holdings è 16.1% e ha margini netti di 19.9%.
Informazioni chiave
1.21%
Tasso di crescita degli utili
2.48%
Tasso di crescita dell'EPS
| Capital Markets Crescita del settore | 10.26% |
| Tasso di crescita dei ricavi | 8.10% |
| Rendimento del capitale proprio | 16.11% |
| Margine netto | 19.92% |
| Prossimo aggiornamento sugli utili | 05 Aug 2026 |
Aggiornamenti sulle prestazioni recenti
Recent updates
Aggiornamento narrativa • Jul 21
VCTR: Rich Multiple Will Cap Upside If AUM Inflow Momentum Falters
Analysts have raised the implied fair value estimate for Victory Capital Holdings to $85.00 from $81.00, reflecting updated models that factor in higher assumed revenue growth, a stronger profit margin profile, and recent Street price target moves, including new $95.00 and $85.00 targets from Barclays and Morgan Stanley, respectively. Analyst Commentary Recent research on Victory Capital Holdings points to a more mixed setup, even as headline targets move higher.Seeking Alpha • Jul 20
Victory Capital's Rally Has Gone Far Enough
Summary Victory Capital has delivered a 53.7% rally, driven by organic AuM growth and successful integration of its largest acquisition. VCTR’s differentiated franchise model, strong mutual fund performance, and high-margin profile support its premium valuation versus peers. Despite robust earnings growth and a 21% EPS CAGR since IPO, the current valuation (13.2x forward P/E) reflects much of the good news. I initiate coverage with a Hold, citing limited near-term upside after the recent rally and potential equity dilution risk from future M&A. Read the full article on Seeking AlphaAggiornamento narrativa • Jul 07
VCTR: Rich Multiple Will Restrain Upside Despite Improving Organic Growth Expectations
Victory Capital Holdings heads into this Narrative Update with its analyst-derived fair value estimate moving from $76.00 to $81.00. Analysts cite higher Q2 EPS assumptions, improved revenue growth inputs and supportive market conditions, even as they keep more balanced ratings such as Equal Weight and Neutral on the stock.
Aggiornamento narrativa • Jun 23
VCTR: Buybacks And Organic Turnaround Will Support Balanced Future Margin Upside
Analysts have lifted their fair value estimate for Victory Capital Holdings from $74.75 to $86.50, citing updated assumptions around discount rates, revenue growth and profit margins, along with a cluster of recent price target increases on the stock. Analyst Commentary Recent research on Victory Capital Holdings points to a mixed but engaged view from the Street, with several firms updating ratings and price targets as they reassess the company’s growth profile, execution risks and valuation.Articolo di analisi • Jun 18
Victory Capital Holdings (VCTR) Stock Could Be 16.3% Overvalued After Its Recent Run Up
Victory Capital Holdings (VCTR) continues to draw attention after a strong past 3 months, with the stock’s total return over that period at around 28%, prompting closer scrutiny of its fundamentals and valuation. See our latest analysis for Victory Capital Holdings. Even after a 28.0% share price return over the past 90 days and a 35.6% share price return year to date, Victory Capital Holdings still sits at US$86.94. The 42.6% one year total shareholder return hints that momentum has been...
Aggiornamento narrativa • Jun 05
VCTR: Organic Turnaround And Capital Returns Will Shape A Measured Future Outlook
Analysts have nudged their fair value estimate for Victory Capital Holdings to $95, up from $84, reflecting updated assumptions around a slightly lower discount rate, a higher profit margin, and revised growth expectations. At the same time, recent Street research, including a Neutral rating and $90 price target from Goldman Sachs, highlights more limited upside at the stock's current valuation.Aggiornamento narrativa • May 21
VCTR: Rich Multiple And Execution Risks Will Limit Buyback Driven Upside Potential
Analysts have lifted the fair value estimate for Victory Capital Holdings to $76 from $69, citing a mix of updated price targets and research that highlights steadier growth assumptions, a slightly lower discount rate, and higher projected profit margins, all set against a modestly lower future P/E multiple. Analyst Commentary Recent Street research around Victory Capital shows a mixed backdrop, with some firms lifting price targets while others trim expectations or reset ratings.Aggiornamento narrativa • May 01
VCTR: Buybacks And Margin Discipline Will Shape A Balanced Future Outlook
Analysts have made a modest adjustment to Victory Capital Holdings' price targets, with recent moves such as the $1 increase from JPMorgan and the $7 reduction from BofA reflecting updated assumptions for growth, margins and valuation multiples, rather than a wholesale change in the investment thesis. Analyst Commentary Recent research on Victory Capital Holdings has been mixed, but there is a clear cluster of constructive views emerging around the stock.Aggiornamento narrativa • Apr 17
VCTR: Buybacks And Margin Discipline Will Support A Higher Future P/E
Analysts have adjusted their price targets for Victory Capital Holdings in a tight range, with recent increases of $5 and $6 and smaller trims of $1 and $7, reflecting updated assumptions for discount rate, revenue growth, profit margin, and future P/E, while keeping the $84 fair value estimate unchanged. Analyst Commentary Recent research on Victory Capital Holdings shows that views are mixed but generally constructive, with several bullish analysts adjusting their models while keeping fair value assessments grounded in updated assumptions on discount rates, revenue, profitability, and future P/E multiples.Aggiornamento narrativa • Apr 02
VCTR: Buybacks And Expense Discipline Will Support A Higher Future Earnings Multiple
Analysts now place Victory Capital Holdings' fair value at $84, up from $78, reflecting updated assumptions around growth, profitability and valuation that align with recent mixed but generally constructive price target changes on the stock. Analyst Commentary Recent research updates on Victory Capital highlight a generally constructive tone, with several bullish analysts adjusting price targets while acknowledging areas of debate around valuation and execution.Aggiornamento narrativa • Mar 19
VCTR: Share Repurchases And Organic Expansion Will Support Future Margin Strength
Analysts have nudged the fair value estimate for Victory Capital Holdings to $74.75 from $73.67. This reflects updated assumptions around growth, profitability and valuation multiples that fed into recent Street price target changes.Aggiornamento narrativa • Mar 05
VCTR: Buybacks And UCITS Expansion Will Guide Balanced Execution Driven Return Potential
Analysts have nudged their average price target for Victory Capital Holdings higher by a few dollars into the high $60s, citing updated models that reflect slightly different assumptions for revenue growth, profit margins and forward P/E, while keeping their long term fair value view around $69 unchanged. Analyst Commentary Recent research around Victory Capital has been mixed, with some price targets nudged higher and at least one trimmed slightly.Aggiornamento narrativa • Feb 19
VCTR: Buybacks And UCITS Expansion Will Shape Balanced Future Return Profile
Analysts have raised their average price target for Victory Capital Holdings to $69 from $68, citing updated assumptions around fair value, discount rates, revenue growth, and profit margins reflected in recent Street research. Analyst Commentary Recent Street research on Victory Capital Holdings includes both upward and downward price target revisions, along with changes in ratings.Aggiornamento narrativa • Feb 04
VCTR: Expense Discipline And Buybacks Will Support Higher Future Earnings Multiple
Analysts have lowered their price target on Victory Capital Holdings by $1 to $70, citing updated assumptions around the discount rate, revenue growth, profit margins, and future P/E that reflect a more measured outlook. The fair value estimate remains unchanged at $78.Aggiornamento narrativa • Jan 21
VCTR: Expense Discipline And Buybacks Will Support Stronger Future Earnings Power
Analysts have trimmed their fair value estimate for Victory Capital Holdings to US$78.00 from US$82.00, reflecting a slightly higher discount rate, more cautious revenue growth assumptions, a higher projected profit margin, and a lower future P/E multiple, alongside a recent Street price target move to US$70.00 from US$71.00 following expense-driven Q3 results. Analyst Commentary The most recent Street commentary specific to Victory Capital centers on a modest trimming of fair value and price targets, alongside a Neutral stance.Aggiornamento narrativa • Jan 07
VCTR: Expense Discipline And Buybacks Will Shape Balanced Future Return Profile
Analysts recently trimmed their price target on Victory Capital Holdings to $70, a $1 reduction. They cited a Q3 expense beat, while keeping their overall stance on the shares unchanged.Aggiornamento narrativa • Dec 16
VCTR: Future Margin Potential And Deal Execution Will Shape Balanced Return Outlook
Analysts have nudged their fair value estimate for Victory Capital Holdings higher to approximately $68 per share from about $61, citing stronger margin potential, higher long term earnings power implied by a lower future P E multiple, and supportive industry research that points to improving organic growth and favorable market driven EPS revisions across traditional asset managers. Analyst Commentary Street research on Victory Capital reflects a more nuanced backdrop than the recent fair value increase might suggest, with bullish long term themes partially offset by pockets of caution around valuation and execution risk.Aggiornamento narrativa • Dec 02
VCTR: Improving Organic Expansion Will Drive Margin Strength Ahead
Analysts have modestly lowered their price target for Victory Capital Holdings to $70 from $71. This reflects a slightly more cautious outlook following third-quarter results that showed strong expense control, but tempered revenue growth expectations.Aggiornamento narrativa • Nov 18
VCTR: Earnings Profile Will Strengthen With Improving Expense Discipline
Analysts have modestly adjusted their price targets for Victory Capital Holdings, with recent updates reflecting a slight decrease from $71 to $70. These updates highlight continued confidence in the company's improving expense management and organic growth prospects.Aggiornamento narrativa • Nov 03
VCTR: Organic Growth Will Accelerate Following Recent Acquisition And Global Expansion
Victory Capital Holdings’ analyst price target was modestly revised downward from $74.83 to $74.00 as analysts weighed slightly lower profit margin projections alongside improved revenue growth expectations following recent strategic developments. Analyst Commentary Recent analyst coverage on Victory Capital Holdings has provided a nuanced view of the company's outlook, reflecting both positive momentum and areas of lingering caution.Aggiornamento narrativa • Oct 20
Amundi Partnership And Pioneer Investments Will Expand Global Networks
Victory Capital Holdings' analyst price target has increased modestly, rising by $1 to $84 per share. Analysts cite stronger organic growth prospects, an improved profit margin outlook, and the contributions of recent acquisitions as key drivers for the upward revision.Aggiornamento narrativa • Aug 27
Amundi Partnership And Pioneer Investments Will Expand Global Networks
Analysts have raised their price target for Victory Capital Holdings to $76.43, reflecting upward revisions to FY25 earnings driven by improved cost management and optimism regarding the company’s expanded product set and growth prospects following the Amundi merger. Analyst Commentary Bullish analysts cite Victory Capital's expanded product set, including larger fixed income, large-cap equity, and global equity offerings following the Amundi merger, as a key driver for improved growth prospects.Seeking Alpha • Apr 17
Victory Capital: Screaming Hold Wherever You Look
Summary Victory Capital is fundamentally sound but faces stagnation in balance sheets, share prices, and short-term catalysts, with macroeconomic factors likely to hurt fees and AUM. Despite strategic acquisitions and partnerships, VCTR's revenue and margins remain rangebound, awaiting a significant growth trigger. Valuation is reasonable but not compelling, with a forward P/E of 9.22 and EV/EBITDA appearing cheaper compared to historical and peer metrics. The recommendation is a "Hold" due to stable dividends and financial soundness, but fresh investors may find limited growth prospects and potential business drops. Read the full article on Seeking AlphaSeeking Alpha • Jan 30
Victory Capital: Great Gains, Oddly Slow Growth
Summary Victory Capital Holdings has outperformed peers and the market, but recent revenue and EPS growth have stagnated, raising concerns about future performance. VCTR's diversified investment offerings and strategic acquisitions, including the recent Amundi US deal, have been key growth drivers since going public in 2018. Interest rate fluctuations have impacted VCTR's financials, and with rates likely to remain elevated, the firm may face challenges ahead. Despite impressive past performance, I rate VCTR a hold due to stagnant growth and uncertain interest rate landscape. Read the full article on Seeking AlphaSeeking Alpha • Nov 16
Victory Capital: Accelerating Growth By Going Global
Summary Since its IPO, Victory Capital has outperformed the S&P 500 and peers, reflecting effective management, growth through acquisitions, and a growing dividend. Victory's partnership with Amundi Asset Management will expand international distribution, diversify product offerings, and create $100 million in expense synergies. The outlook is highly confident with favorable business climate and potential for further acquisitions. I rate Victory Capital (VCTR) as a Strong Buy due to history of growing earnings, accretive acquisitions, and momentum in expanding globally. Read the full article on Seeking Alpha
Nuova narrativa • Sep 04
Critical Partnerships And Expanding ETF Offerings Fuel Revenue Growth And Competitive Edge
Strategic partnerships and acquisitions are integral to reducing costs and expanding revenue through inorganic growth and enhanced competitive positioning.Seeking Alpha • Jul 16
Victory Capital: The Real Kicker Is Potential Revenue Synergies
Summary Since the initial management buy-out, Victory Capital Holdings has completed 7 acquisitions which have grown their AUM from $18bn to $170bn. In April VCTR announced that they would acquire Amundi USA. The real kicker here is potential revenue synergies as VCTR and Amundi parent are concurrently entering into a 15-year distribution agreement for US/non-US investment products. Read the full article on Seeking AlphaRipartizione dei ricavi e delle spese
Ripartizione dei ricavi e delle spese
Come Victory Capital Holdings guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.
Storico di utili e ricavi
| Data | Ricavi | Utili | Spese G+A | Spese di R&S |
|---|---|---|---|---|
| 31 Mar 26 | 1,475 | 294 | 90 | 0 |
| 31 Dec 25 | 1,306 | 270 | 83 | 0 |
| 30 Sep 25 | 1,164 | 261 | 75 | 0 |
| 30 Jun 25 | 1,029 | 269 | 66 | 0 |
| 31 Mar 25 | 897 | 295 | 57 | 0 |
| 31 Dec 24 | 893 | 289 | 57 | 0 |
| 30 Sep 24 | 867 | 267 | 59 | 0 |
| 30 Jun 24 | 851 | 237 | 59 | 0 |
| 31 Mar 24 | 836 | 220 | 58 | 0 |
| 31 Dec 23 | 821 | 213 | 56 | 0 |
| 30 Sep 23 | 817 | 210 | 53 | 0 |
| 30 Jun 23 | 814 | 231 | 51 | 0 |
| 31 Mar 23 | 826 | 254 | 52 | 0 |
| 31 Dec 22 | 855 | 276 | 52 | 0 |
| 30 Sep 22 | 882 | 293 | 52 | 0 |
| 30 Jun 22 | 901 | 294 | 53 | 0 |
| 31 Mar 22 | 907 | 284 | 53 | 0 |
| 31 Dec 21 | 890 | 278 | 54 | 0 |
| 30 Sep 21 | 862 | 264 | 52 | 0 |
| 30 Jun 21 | 824 | 245 | 49 | 0 |
| 31 Mar 21 | 784 | 221 | 47 | 0 |
| 31 Dec 20 | 775 | 213 | 43 | 0 |
| 30 Sep 20 | 794 | 195 | 44 | 0 |
| 30 Jun 20 | 820 | 165 | 49 | 0 |
| 31 Mar 20 | 729 | 135 | 45 | 0 |
| 31 Dec 19 | 612 | 92 | 42 | 0 |
| 30 Sep 19 | 490 | 69 | 37 | 0 |
| 30 Jun 19 | 383 | 63 | 28 | 0 |
| 31 Mar 19 | 396 | 68 | 28 | 0 |
| 31 Dec 18 | 413 | 64 | 30 | 0 |
| 30 Sep 18 | 423 | 61 | 30 | 0 |
| 30 Jun 18 | 417 | 48 | 31 | 0 |
| 31 Mar 18 | 414 | 32 | 31 | 0 |
| 31 Dec 17 | 410 | 26 | 33 | 0 |
| 30 Sep 17 | 402 | 12 | 32 | 0 |
| 31 Mar 17 | 344 | -2 | 29 | 0 |
| 31 Dec 16 | 298 | -6 | 25 | 0 |
| 31 Dec 15 | 241 | 4 | 22 | 0 |
Guadagni di qualità: VCTR ha guadagni di alta qualità.
Margine di profitto in crescita: Gli attuali margini di profitto netti di VCTR (19.9%) sono inferiori rispetto allo scorso anno (32.9%).
Flusso di cassa libero e analisi degli utili
Analisi della crescita degli utili nel passato
Andamento degli utili: Gli utili di VCTR sono cresciuti del 1.2% all'anno negli ultimi 5 anni.
Accelerare la crescita: VCTR ha avuto una crescita negativa degli utili nell'ultimo anno, quindi non può essere confrontata con la sua media quinquennale.
Guadagni vs Settore: VCTR ha avuto una crescita negativa degli utili ( -0.5% ) nell'ultimo anno, rendendo difficile il confronto con la media del settore Capital Markets ( 35.1% ).
Rendimento del capitale proprio
ROE elevato: Il Return on Equity ( 16.1% ) di VCTR è considerato basso.
Rendimento delle attività
Rendimento del capitale investito
Scoprire le aziende con forti performance passate
Analisi aziendale e situazione dei dati finanziari
| Dati | Ultimo aggiornamento (ora UTC) |
|---|---|
| Analisi dell'azienda | 2026/08/05 10:49 |
| Prezzo dell'azione a fine giornata | 2026/08/04 00:00 |
| Utili | 2026/03/31 |
| Utili annuali | 2025/12/31 |
Fonti dei dati
I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.
| Pacchetto | Dati | Tempistica | Esempio Fonte USA * |
|---|---|---|---|
| Dati finanziari della società | 10 anni |
| |
| Stime di consenso degli analisti | +3 anni |
|
|
| Prezzi di mercato | 30 anni |
| |
| Proprietà | 10 anni |
| |
| Gestione | 10 anni |
| |
| Sviluppi principali | 10 anni |
|
* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.
Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.
Modello di analisi e Snowflake
I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina GitHub; abbiamo anche delle guide su come utilizzare i nostri report e dei tutorial su YouTube.
Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.
Metriche di settore e industriali
Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.
Fonti analitiche
Victory Capital Holdings, Inc. è coperta da 11 analisti. 6 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.
| Analista | Istituzione |
|---|---|
| Jeremy Campbell | Barclays |
| Benjamin Budish | Barclays |
| Craig Siegenthaler | BofA Global Research |