MTN Stock Falls -14% In 8-Day Spree On Price Target Cut And Weather Woes

MTN: Vail Resorts logo
MTN
Vail Resorts

Vail Resorts (MTN) stock hit day 8-day losing streak, with cumulative losses over this period amounting to a -14%. The company market cap has crashed by about $794 Mil over the last 8 days, and currently stands at $5.0 Bil.

The stock has YTD (year-to-date) return of 22.3% compared to 17.9% for S&P 500. This calls for re-evaluation of stock’s valuation, and find out whether this is an opportunity, or a trap.

What Triggered The Slide?

Catalyst Details Impact Date
     
Morgan Stanley Price Target Cut
  • Price target lowered to $151 from $153
  • Analyst maintained an “Equal-Weight” rating
  • Stock fell 2.8% in one session
  • Increased negative sentiment
2025-12-23
     
Poor Weather Conditions
  • Snowfall at key resorts significantly below historical levels
  • A smaller share of terrain is open for the season
  • Concerns over lower visitor numbers
  • Fears of reduced consumer spending
2025-12-23
     

Opportunity or Trap?

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Below is our take on valuation.

There are several things to fear in MTN stock given its overall Weak operating performance and financial condition. This is aligned with the stock’s Low valuation because of which we think it is Fairly Priced (For details, see Buy or Sell MTN).

But here is the real interesting point.

You are reading about this -14% move after it happened. The market has already priced in the news. To avoid the next loser before the headlines, you need predictive signals, not notifications. Our High Quality Portfolio has a risk model designed to reduce exposure to losers.

Returns vs S&P 500

The following table summarizes the return for MTN stock vs. the S&P 500 index over different periods, including the current streak:

Return Period MTN S&P 500
1D -2.0% 0.3%
8D (Current Streak) -13.7% 1.5%
1M (21D) 3.4% 3.4%
3M (63D) -3.5% 5.0%
YTD 2025 -22.3% 17.9%
2024 -8.0% 23.3%
2023 -7.1% 24.2%
2022 -24.9% -19.4%

Take a look at what history tells you about whether past dips like this have been buying opportunities or traps: MTN Dip Buyer Analysis.

Gains and Losses Streaks: S&P 500 Constituents

There are currently 128 S&P constituents with 3 days or more of consecutive gains and 7 constituents with 3 days or more of consecutive losses.
 

Consecutive Days # of Gainers # of Losers
3D 58 6
4D 22 0
5D 38 0
6D 8 0
7D or more 2 1
Total >=3 D 128 7

 
 
Key Financials for Vail Resorts (MTN)

Last 2 Fiscal Years:

Metric FY2024 FY2025
Revenues $2.9 Bil $3.0 Bil
Operating Income $540.2 Mil $538.0 Mil
Net Income $231.1 Mil $280.0 Mil

Last 2 Fiscal Quarters:

Metric 2025 FQ4 2026 FQ1
Revenues $271.3 Mil $271.0 Mil
Operating Income $-202.2 Mil $-215.4 Mil
Net Income $-185.5 Mil $-186.8 Mil

The losing streak MTN stock is currently on doesn’t inspire much confidence among investors. In contrast, Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.