MTN

Vail Resorts Inc

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Advanced Chart

137.150

-0.16(-0.117%)1D

Line

Candle

YTD

High

144.205

Open

137.410

VWAP

138.28

Vol

1.15M

Mkt Cap

4.93B

Low

136.090

Amount

158.44M

EV/EBITDA(TTM)

9.46

Total Shares

37.62M

8.01B

EV/OCF(TTM)

14.44

P/S(TTM)

1.72

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2026Q2

FY2026Q3

274.78M

+5.57%

-5.202

+12.85%

1.15B

+1.26%

6.656

+1.47%

1.31B

+0.84%

10.257

-2.68%

Estimates Revision

The market is revising Downward the revenue expectations for Vail Resorts, Inc. (MTN) for FY2026, with the revenue forecasts being adjusted by -2.06% over the past three months. During the same period, the stock price has changed by -15.85%.

Revenue Estimates for FY2026

Revise Downward

-2.06%

In Past 3 Month

EPS Estimates for FY2026

Revise Downward

-10.91%

In Past 3 Month

Stock Price

Go Down

-15.85%

In Past 3 Month

9 Analyst Rating

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 168.21 USD with a low forecast of 145.00 USD and a high forecast of 237.00 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

5 Hold

1 Sell

Hold

Current: 137.150

Low

145.00

Averages

168.21

High

237.00

Current: 137.150

Low

145.00

Averages

168.21

High

237.00

Morgan Stanley

Equal Weight

maintain

$146 -> $153

2025-10-27

Reason

Morgan Stanley

Price Target

$146 -> $153

2025-10-27

maintain

Equal Weight

Reason

Morgan Stanley raised the firm's price target on Vail Resorts to $153 from $146 and keeps an Equal Weight rating on the shares. The firm refreshed estimates among its Leisure coverage based on the latest data points as well as its new framework that takes into account affordability, pricing power, secular demand, balance sheet, capital efficiency, and valuation, the analyst tells investors.

Morgan Stanley

Equal Weight

downgrade

$155 -> $146

2025-10-01

Reason

Morgan Stanley

Price Target

$155 -> $146

2025-10-01

downgrade

Equal Weight

Reason

Morgan Stanley lowered the firm's price target on Vail Resorts to $146 from $155 and keeps an Equal Weight rating on the shares. Deteriorating pass sales ahead of 2026 led to a more guarded outlook, notes the analyst, whose estimates move lower in 2027 to reflect the company's "prolonged turnaround."

Barclays

Underweight

downgrade

$152 -> $145

2025-09-30

Reason

Barclays

Price Target

$152 -> $145

2025-09-30

downgrade

Underweight

Reason

Barclays lowered the firm's price target on Vail Resorts to $145 from $152 and keeps an Underweight rating on the shares following the fiscal Q4 report. The company issued a "disappointing" pass sales update and its below-consensus initial fiscal 2026 outlook "resets the bar," the analyst tells investors in a research note. The firm says that while details on Vail's turnaround plan "show some potential," it remains incomplete and not likely to bring sustainable growth until fiscal 2027 at the earliest.

BofA

Shaun Kelley

Neutral

downgrade

$175 -> $165

2025-09-30

Reason

BofA

Shaun Kelley

Price Target

$175 -> $165

2025-09-30

downgrade

Neutral

Reason

BofA analyst Shaun Kelley lowered the firm's price target on Vail Resorts to $165 from $175 and keeps a Neutral rating on the shares after the company reported Q4 revenue and Resort EBITDA slightly below the firm's estimates and reported Epic pass units down 3% and dollars up 1%. Given the short operating season and pass selling cadence, the firm thinks it could take time to see the impacts of changes made in Rob Katz's return as CEO, the analyst tells investors.

Stifel

Buy

maintain

$180 -> $175

2025-09-30

Reason

Stifel

Price Target

$180 -> $175

2025-09-30

maintain

Buy

Reason

Stifel lowered the firm's price target on Vail Resorts to $175 from $180 and keeps a Buy rating on the shares following what the firm calls a "disappointing" fiscal Q4 report. FY26 Resort adjusted EBITDA guidance was introduced 2% below consensus at the midpoint, while updated Epic Pass sales were guided slightly below prior guidance, the analyst notes. The firm expects shares to underperform as out-year Resort adjusted EBITDA expectations re-base, but adds that it sees little in last night's results and commentary impacting the ongoing bull/bear debate.

Mizuho

Outperform

NULL

downgrade

$216 -> $195

2025-09-30

Reason

Mizuho

Price Target

$216 -> $195

2025-09-30

downgrade

Outperform

NULL

Reason

Mizuho lowered the firm's price target on Vail Resorts to $195 from $216 and keeps an Outperform rating on the shares following the earnings report. The company's fiscal 2026 EBITDA outlook is "relatively underwhelming," the analyst tells investors in a research note. The firm assumes North American skier visits will be down 3% year-over-year.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Vail Resorts Inc (MTN.N) is 20.03, compared to its 5-year average forward P/E of 55.27. For a more detailed relative valuation and DCF analysis to assess Vail Resorts Inc 's fair value, click here.

Forward PE
Forward EV/EBITDA
Forward PS

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

55.27

Current PE

20.03

Overvalued PE

185.58

Undervalued PE

-75.05

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

13.94

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

18.58

Undervalued EV/EBITDA

9.29

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

3.35

Current PS

0.00

Overvalued PS

4.61

Undervalued PS

2.08