Vail Resorts Reports Ski Season Metrics: Snowfall at 30-Year Low
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2026
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Source: PRnewswire
- Snowfall Decline: In November and December 2025, snowfall at Vail Resorts' western ski areas was approximately 50% below the historical 30-year average, resulting in only 11% of terrain being opened in December, which negatively impacted visitation and ancillary spending.
- Financial Guidance Downgrade: Due to adverse weather conditions, the company now expects its full-year Resort Reported EBITDA to fall below the low end of the guidance range issued on September 29, 2025, with potential further downside if performance in the Rockies lags.
- Strong Eastern Performance: While western resorts faced significant weather challenges, strong conditions at eastern ski areas partially offset the overall performance decline, highlighting the strategic advantage of the company's geographically diverse resort network.
- Reinforced Investment Commitment: Vail Resorts reiterated its commitment to its advance commitment strategy, achieving strong guest satisfaction scores despite significant weather challenges, demonstrating ongoing efforts to enhance the guest experience.
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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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