Vail Resorts (MTN) Stock News

Stifel increased its price target for Vail Resorts to $172.00 per share.

Vail Resorts sold 12% fewer ski passes for the coming season. Full-year revenue fell 4.5% and profit nearly halved after poor snowfall. Shares fell 1.5% after hours. Activist Oasis Management, with a 7.4% stake, nominated four directors including Bob Chapek and Picabo Street. The company cut Epic Pass prices 20% for younger skiers.

Vail Resorts responded to activist DKR Oasis Management's demands by outlining recent leadership changes in its fourth-quarter report. The company named a new CEO, chief revenue officer, and an independent board member, with a search ongoing for a second director.

Vail Resorts expects Resort Reported EBITDA between $805 million and $865 million in fiscal 2027, anchored by its multi-year Resource Efficiency Transformation Plan. The initiative is projected to deliver $25 million in incremental cost efficiencies in fiscal 2027, reaching $110 million in annualized savings by year end. Tech transformation initiatives accelerated $5 million of planned savings from fiscal 2028 into fiscal 2027.