Vail Resorts is trading 8.05% down in pre-market at $129.12 after BNP Paribas Exane downgraded the shares.

  • On September 21, 2026, BNP Paribas Exane cut its rating from Outperform to Neutral and lowered its price target from $151 to $135.
  • The downgrade followed concerns about weak snowfall, operating headwinds, and upcoming fourth-quarter results.
  • Vail Resorts is scheduled to report fiscal 2026 fourth-quarter and full-year results after market close on September 28, 2026.