Revenue
$116.7 million in Q2 2025, up approximately 15% year-over-year. Growth driven by continued momentum in guest demand and the compelling value of experiences.
Net Income Attributable to Pursuit
$5.6 million in Q2 2025, compared to $29.3 million in the prior year. The year-over-year change was primarily driven by the sale of GES in 2024.
Income from Continuing Operations
$4.5 million in Q2 2025, compared to a loss of $0.4 million in the prior year. Growth reflects higher adjusted EBITDA and operational improvements.
Adjusted Net Income
$10.1 million in Q2 2025, compared to $0.2 million in the prior year. Growth primarily reflects higher adjusted EBITDA.
Adjusted EBITDA
$29.7 million in Q2 2025, up nearly 50% year-over-year. Growth driven by significant revenue growth with strong margin flow-through, supported by a favorable mix of higher-margin attraction revenue and continued cost discipline.
Attraction Ticket Revenue
$53.2 million in Q2 2025, reflecting a 22% year-over-year increase. Growth driven by higher effective ticket prices and increased visitors.
Lodging Room Revenue
$26 million in Q2 2025, reflecting a 6% year-over-year increase. Growth driven by higher ADRs and occupancy levels.
Wall Street analysts forecast PRSU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PRSU is 45.67 USD with a low forecast of 44.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast PRSU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PRSU is 45.67 USD with a low forecast of 44.00 USD and a high forecast of 48.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 35.790
Low
44.00
Averages
45.67
High
48.00
Current: 35.790
Low
44.00
Averages
45.67
High
48.00
Stifel
Buy
maintain
$43 -> $44
2025-12-10
Reason
Stifel
Price Target
$43 -> $44
AI Analysis
2025-12-10
maintain
Buy
Reason
Stifel raised the firm's price target on Pursuit Attractions to $44 from $43 and keeps a Buy rating on the shares after having hosted a series of investor meetings with management. While still early, forward indicators for FY26 remain solid across booking channels with buybacks and insider purchases signaling confidence in growth despite a "tough comp" narrative, the analyst tells investors.
Oppenheimer
Outperform
maintain
$45 -> $48
2025-11-07
Reason
Oppenheimer
Price Target
$45 -> $48
2025-11-07
maintain
Outperform
Reason
Oppenheimer raised the firm's price target on Pursuit Attractions to $48 from $45 and keeps an Outperform rating on the shares. The firm notes the company reported Q3 results that were ahead of its expectations, and boosted its full-year guidance. Oppenheimer sees this as validating its thesis that the company can outperform others in the travel sector given its ownership of assets in iconic locations with high barriers to entry.
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Stifel
Jeffrey Stantial
Buy
maintain
$38 -> $42
2025-11-06
Reason
Stifel
Jeffrey Stantial
Price Target
$38 -> $42
2025-11-06
maintain
Buy
Reason
Stifel analyst Jeffrey Stantial raised the firm's price target on Pursuit Attractions to $42 from $38 and keeps a Buy rating on the shares. Recent investor debate has been around forthcoming FY26 guidance given "tough comp" concerns with several unique demand tailwinds bolstering FY25, the analyst tells investors in a research note. The firm noted that early FY26 indicators are "encouraging," and that it is constructive on the stock heading into the year.
Oppenheimer
Outperform
maintain
$41 -> $45
2025-08-08
Reason
Oppenheimer
Price Target
$41 -> $45
2025-08-08
maintain
Outperform
Reason
Oppenheimer raised the firm's price target on Pursuit Attractions to $45 from $41 and keeps an Outperform rating on the shares. The firm is incrementally positive on shares of Pursuit following better than expected Q2 results and FY25 guidance. Oppenheimer continues to see the company as a way to invest in bucket-list travel experiences.
About PRSU
Pursuit Attractions and Hospitality, Inc. is an attractions and hospitality company that owns and operates a collection of experiences in destinations in the United States, Canada, Iceland and Costa Rica. The Company's elevated hospitality experiences include approximately 17 world-class point-of-interest attractions and 29 distinctive lodges, along with integrated restaurants, retail and transportation that enable visitors to discover and connect with national parks and global travel locations. The Company's collections include Banff Jasper Collection, Alaska Collection, Glacier Park Collection, Flyover Attractions, Sky Lagoon and Tabacon. Its Banff Jasper Collection includes Golden Skybridge, Banff Gondola, Lake Minnewanka Cruise and Columbia Icefield Adventure. Its Flyover Attractions include Flyover Canada, Flyover Iceland, Flyover Las Vegas and Flyover Chicago. It draws its guests from markets, including the United States, Canada, Asia Pacific, Western Europe, and Central America.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
