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MTNVail Resorts, Inc.Sell5.1·$140.68+3.18%
SellHigh 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 ConcentrationStable
  • Perfect Earnings Miss StreakStable
  • High Short Interest Squeeze RiskStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Vail Resorts, Inc. (MTN) Stock Analysis

SellVALUE-TRAP 2/5High Confidence

Consumer Cyclical · Resorts & Casinos

Sell if holding. At $140.68, A.R:R is negative (-0.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: 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

$140.68+1.6% A.UpsideScore 5.1/10#11 of 13 Resorts & Casinos
QualityF-score6 / 9FCF yield2.69%
IncomeYield6.31%(5y avg 2.23%)Payout191.38%at-risk
Stop $130.83Target $142.90(resistance)A.R:R -0.7:1
Analyst target$148.50+5.6%12 analysts
$142.90our TP
$140.68price
$148.50mean
$119
$195

Sell if holding. At $140.68, A.R:R is negative (-0.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: Mountain segment (89.0%); Concentration risk — Product: pass products (lift revenue) (65.0%). Chart setup: No clear chart pattern; technical signals are mixed. Score 5.1/10, high confidence.

Passes 7/10 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 87d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Mon, Sep 28, 202687d 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)30.3
P/E (Fwd)22.3
Mkt Cap$5.0B
EV/EBITDA11.1
Profit Mgn5.5%
ROE16.9%
Rev Growth-7.0%
Beta0.72
Dividend6.31%
Rating analysts17

Quality Signals

Piotroski F6/9

Options Flow

P/C0.41bullish
IV49%normal

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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Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 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
1.7
Quality Rank
5.8

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
5.0
Earnings Timing
5.0
Dividend Safety
5.2
Earnings concerns: 0B/4MDividend: 631.0%

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
1.8
Support Resistance
2.3
52w Position
7.4
GatesA.R:R -0.7=NEGATIVEMomentum 5.4<5.5 (soft — BUY_NOW allowed but watch)Death cross (50MA < 200MA)Momentum 5.4>=4.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 87d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
56 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $123.78Resistance $145.82

Price Targets

$131
$143
A.Upside+1.6%
A.R:R-0.7:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-8.2% upside)
! Negative risk/reward — downside exceeds upside

Earnings

M
M
M
M
0/4 beats
Next Earnings2026-09-28 (87d)

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?

Sell if holding. At $140.68, A.R:R is negative (-0.7) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Product: Mountain segment (89.0%); Concentration risk — Product: pass products (lift revenue) (65.0%). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $130.83. Score 5.1/10, high confidence.

What is the MTN stock price target?

Take-profit target: $142.90 (+1.6% upside). Prior stop was $130.83. Stop-loss: $130.83.

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 30.3 (forward 22.3). TrendMatrix value score: 6.3/10. Verdict: Sell.

What do analysts say about MTN?

17 analysts cover MTN with a consensus score of 3.6/5. Average price target: $149.

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: LVS (Las Vegas Sands Corp.) · MLCO (Melco Resorts & Entertainment L) · MCRI (Monarch Casino & Resort, Inc.) · RRR (Red Rock Resorts, Inc.) · WYNN (Wynn Resorts, Limited)
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