Vail Resorts Unlikely to Raise Guidance as Colorado, Utah Locations See Weak Early Season Snowfall, Truist Says
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Vail Resorts (MTN) is unlikely to raise its guidance due to weak early season snowfall in Colorado and Utah, which is the lowest since the 2017-2018 season. Currently, less than 20% of the terrain is open. Truist Securities has lowered its fiscal Q2 adjusted EBITDA guidance to $441 million from $475 million and reduced the fiscal 2026 estimate to $858 million from $896 million. The price target for Vail Resorts has been adjusted to $234 from $237, while maintaining a buy rating on the stock.
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