Vail Resorts (MTN) Upgraded to Buy by Jefferies with $165 Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 13 2026
0mins
Source: seekingalpha
- Leadership Change: The establishment of a new leadership team at Vail Resorts, combined with a discounted share price, makes it an attractive long-term investment, prompting Jefferies to upgrade its rating from Hold to Buy, reflecting market confidence in the company's future.
- Revenue Growth Outlook: Despite potential disappointments in the 2025/2026 ski season due to suboptimal weather, a projected 4% increase in skier numbers and total revenue for FY27 indicates the best performance since FY23, showcasing the resilience of the company's business model.
- EBITDA Expectations: Analyst David Katz anticipates adjusted EBITDA of $933 million for FY27, suggesting that the new lift ticket pricing and marketing strategies will significantly enhance profitability, boosting investor confidence.
- Price Target Increase: Katz raised the price target for Vail Resorts by 4% to $165, indicating a 17% upside from Monday's closing price, further validating the optimistic outlook for the company's growth trajectory.
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Analyst Views on MTN
Wall Street analysts forecast MTN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MTN is 169.54 USD with a low forecast of 145.00 USD and a high forecast of 234.00 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.
9 Analyst Rating
3 Buy
5 Hold
1 Sell
Hold
Current: 132.970
Low
145.00
Averages
169.54
High
234.00
Current: 132.970
Low
145.00
Averages
169.54
High
234.00
About MTN
Vail Resorts, Inc. is a network of destination and close-to-home ski resorts in the world including Vail Mountain, Breckenridge, Park City Mountain, Whistler Blackcomb, Stowe, and 32 additional resorts across North America; Andermatt-Sedrun and Crans-Montana Mountain Resort in Switzerland; and Perisher, Hotham, and Falls Creek in Australia - all available on the Company's Epic Pass. The Company's segments include Mountain, Lodging and Real Estate. It also provides ancillary services, primarily including ski school, dining and retail/rental operations. The Company owns and/or manages a collection of elegant hotels under the RockResorts brand, a portfolio of vacation rentals, condominiums and branded hotels located in close proximity to its mountain destinations, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. The Company operates more than 250 retail and rental locations across North America. It owns, develops and sells real estate in and around its resort communities.
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.
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