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MTNVail Resorts, Inc.Buy Wait5.2·$136.11
Buy WaitHigh Confidence
Investment thesis

Vail Resorts faces a perfect 4-quarter earnings miss streak and revenues declining -7% year-over-year, with 34% of its float sold short, while its business is heavily concentrated in mountain resort operations and season pass products, creating a challenging near-term outlook.

Thesis pillars

  • Mountain Passproduct Concentration↑Improving
  • Perfect Earnings Miss Streak→Stable
  • High Short Interest Squeeze Risk↑Improving
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Vail Resorts, Inc. (MTN) Stock Analysis

Range Bound setup

Buy WaitGrowthShortHigh Confidence

Consumer Cyclical · Resorts & Casinos

Earnings in 3 days (2026-09-28). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Wait for pullback to $131.20. Weak momentum — blocks BUY_NOW at $136.11. Engine's entry $131.20 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: Mountain segment (89.0%); Concentration risk — Product: pass products (lift revenue) (65.0%).

Vail Resorts operates 42 destination mountain resorts and ski areas across North America, Australia, and Switzerland in Mountain (89% of Fiscal 2025 net revenue), Lodging (11%), and Real Estate segments. The company generates revenue through lift tickets, pass products, ski... Read more

$136.11-7.5% A.UpsideScore 5.2/10#11 of 13 Resorts & Casinos
QualityF-score6 / 9FCF yield2.75%
IncomeYield6.34%(5y avg 2.23%)Payout191.38%at-risk
Entry $131.20(Atr Pullback Sticky)Stop $122.08Target $142.63(resistance)A.R:R -1.1:1
Analyst target$144.77+6.4%13 analysts
$142.63our TP
$136.11price
$144.77mean
$119
$195

Wait for pullback to $131.20. Weak momentum — blocks BUY_NOW at $136.11. Engine's entry $131.20 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: Mountain segment (89.0%); Concentration risk — Product: pass products (lift revenue) (65.0%). Chart setup: RSI 52 mid-range, Bollinger mid-band. Earnings in 3 days. Wait until post-earnings. Score 5.2/10, high confidence.

Passes 5/8 gates (positive momentum, clean insider activity, no SEC red flags, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and earnings proximity 3d<=7d. Suitability: aggressive.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-09-25
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Mon, Sep 28, 20263d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Concentration risk — Product: Mountain segment (89.0%)
Concentration risk — Product: pass products (lift revenue) (65.0%)
Analyst target reached - limited upside remaining

Key Metrics

P/E (TTM)29.7
P/E (Fwd)22.4
Mkt Cap$4.9B
EV/EBITDA11.0
Profit Mgn5.5%
ROE16.9%
Rev Growth-7.0%
Beta0.70
Dividend6.34%
Rating analysts19

Quality Signals

Piotroski F6/9

Options Flow

P/C0.85neutral
IV59%elevated
Max Pain$70-48.6% vs spot

Concentration Risks(10-K Item 1A)

  • HIGHProductMountain segment89%
    10-K Item 1: 'Mountain, Lodging and Real Estate, which represented approximately 89%, 11% and 0%, respectively, of our net revenue for our fiscal year ended July 31, 2025'
  • HIGHProductpass products (lift revenue)65%
    10-K Item 1: 'our pass products generated approximately 65% of our total lift revenue and approximately 75% of total visitation (excluding complimentary access)'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Growth Rank
0.0
Value Rank
1.2
Quality Rank
5.0

No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static

Earnings History
0.0
Surprise Avg
0.6
Erm
3.5
Dividend Safety
4.0
Earnings Timing
5.0
News Activity
8.0
Earnings concerns: 0B/4MEarnings in 3 daysYield trap warning: high yield but unsafe
GatesA.R:R -1.1=NEGATIVEEARNINGS PROXIMITY 3d<=7dMomentum 5.5<5.5 (soft — BUY_NOW allowed but watch)Momentum 5.5>=4.5Insider activity: OKNo SEC red flagsSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRange BoundSuitability: Aggressive
RSI
52 · Neutral
↓ 20D MA↓ 50D MA↑ 200D MAGOLDEN CROSSSupport $129.01Resistance $145.54

Price Targets

$122
$131
$143
A.Upside-7.5%
A.R:R-1.1:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! Target reached (-7.5% upside)
! Earnings in 3 days - binary event risk
! Negative risk/reward — downside exceeds upside

Earnings

M
M
M
M
0/4 beats
Next Earnings2026-09-28 (3d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is MTN stock a buy right now?

Wait for pullback to $131.20. Weak momentum — blocks BUY_NOW at $136.11. Engine's entry $131.20 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: Mountain segment (89.0%); Concentration risk — Product: pass products (lift revenue) (65.0%). Chart setup: RSI 52 mid-range, Bollinger mid-band. Earnings in 3 days. Wait until post-earnings. Target $142.63 (+4.8%), stop $122.08 (−11.5%), A.R:R -1.1:1. Score 5.2/10, high confidence.

What is the MTN stock price target?

Take-profit target: $142.63 (-7.5% upside). Target $142.63 (+4.8%), stop $122.08 (−11.5%), A.R:R -1.1:1. Stop-loss: $122.08.

What are the risks of investing in MTN?

Concentration risk — Product: Mountain segment (89.0%); Concentration risk — Product: pass products (lift revenue) (65.0%); Analyst target reached - limited upside remaining.

Is MTN overvalued or undervalued?

Vail Resorts, Inc. trades at a P/E of 29.7 (forward 22.4). TrendMatrix value score: 6.2/10. Verdict: Buy (Wait for Entry).

What do analysts say about MTN?

19 analysts cover MTN with a consensus score of 3.5/5. Average price target: $145.

What does Vail Resorts, Inc. do?Vail Resorts operates 42 destination mountain resorts and ski areas across North America, Australia, and Switzerland in...

Vail Resorts operates 42 destination mountain resorts and ski areas across North America, Australia, and Switzerland in Mountain (89% of Fiscal 2025 net revenue), Lodging (11%), and Real Estate segments. The company generates revenue through lift tickets, pass products, ski school, dining, retail/rental, and lodging; pass products including the Epic Pass accounted for approximately 65% of total lift revenue in Fiscal 2025.

Related stocks: MCRI (Monarch Casino & Resort, Inc.) · WYNN (Wynn Resorts, Limited) · PENN (PENN Entertainment, Inc.) · BYD (Boyd Gaming Corporation) · RRR (Red Rock Resorts, Inc.)
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