Vail Resorts Analysts Slash Their Forecasts After Downbeat Q2 Earnings

Vail Resorts Inc. (NYSE:MTN) on Monday posted downbeat earnings for the second quarter and reduced its fiscal 2026 guidance.

Vail Resorts reported quarterly earnings of $5.87 per share, which missed the Street consensus of $6.21, according to Benzinga Pro data. Quarterly revenue came in at $1.08 billion, which missed the analyst consensus estimate of $1.113 billion and was down from $1.14 billion in the same period last year.

"This has been the most challenging winter across the Rockies that we have ever experienced, with the lowest snowfall levels in more than 30 years for our Colorado and Utah resorts, combined with warmer temperatures, resulting in reduced terrain throughout the quarter and into February," said CEO Rob Katz.

Vail Resorts reduced its fiscal 2026 guidance and is expecting net income of $144 million to $190 million and reported EBITDA of $745 million to $775 million.

Vail Resorts shares rose 3.5% to trade at $137.58 on Tuesday.

These analysts made changes to their price targets on Vail Resorts following earnings announcement.

• Truist Securities analyst Patrick Scholes maintained Vail Resorts with a Buy and lowered the price target from $234 to $217.
• Stifel analyst Jeffrey Stantial maintained the stock with a Buy and lowered the price target from $175 to $172.
• Barclays analyst Brandt Montour maintained Vail Resorts with an Underweight rating and cut the price target from $140 to $138.
• Mizuho analyst Ben Chaiken maintained the stock with an Outperform rating and cut the price target from $202 to $200.

Considering buying MTN stock? Here’s what analysts think:

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