MNTN Inc. (NYSE:MNTN – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the eleven brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have covered the stock in the last year is $18.50.
A number of research analysts have issued reports on the company. Weiss Ratings raised MNTN from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, August 19th. Morgan Stanley set a $16.00 target price on shares of MNTN in a report on Monday, August 10th. Wall Street Zen upgraded shares of MNTN from a “hold” rating to a “buy” rating in a research report on Monday, September 28th. Evercore set a $22.00 target price on shares of MNTN in a research report on Wednesday, August 5th. Finally, Citigroup lowered shares of MNTN from a “neutral” rating to a “market perform” rating in a research report on Thursday.
Read Our Latest Analysis on MNTN
Key Stories Impacting MNTN
Here are the key news stories impacting MNTN this week:
- Positive Sentiment: Revenue increased 14.6% year over year, and earnings per share rose to $0.10 from $0.08 a year earlier. MNTN Reports Third Quarter 2026 Results
- Negative Sentiment: Quarterly EPS of $0.10 fell short of analyst estimates, reported as $0.20 to $0.25 per share in the articles. The earnings miss may weigh on investor sentiment despite revenue growth. MNTN Q3 Earnings and Revenues Lag Estimates
- Negative Sentiment: MNTN cut its guidance after go-to-market issues, prompting a sharp negative reaction in shares. The outlook cut is the clearest near-term pressure on the stock. MNTN Shares Plummet as Go-to-Market Issues Prompt Guidance Cut
Insider Buying and Selling at MNTN
In other news, major shareholder Baroda Ventures Llc sold 275,115 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $12.75, for a total transaction of $3,507,716.25. Following the completion of the sale, the insider owned 6,375,543 shares of the company’s stock, valued at approximately $81,288,173.25. This trade represents a 4.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders have sold a total of 335,555 shares of company stock worth $4,266,038 over the last three months. Company insiders own 19.60% of the company’s stock.
Hedge Funds Weigh In On MNTN
Institutional investors have recently bought and sold shares of the business. State of Alaska Department of Revenue acquired a new stake in shares of MNTN in the third quarter valued at $26,000. Y Intercept Hong Kong Ltd bought a new position in shares of MNTN in the first quarter worth about $117,000. Chicago Partners Investment Group LLC bought a new stake in shares of MNTN during the first quarter valued at approximately $156,000. Hsbc Holdings PLC grew its stake in shares of MNTN by 45.4% during the first quarter. Hsbc Holdings PLC now owns 18,311 shares of the company’s stock valued at $161,000 after purchasing an additional 5,720 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of MNTN in the first quarter valued at approximately $162,000. Institutional investors own 72.90% of the company’s stock.
MNTN Price Performance
MNTN stock opened at $10.40 on Thursday. The business has a 50 day simple moving average of $10.87 and a 200 day simple moving average of $9.97. The company has a market capitalization of $643.93 million, a PE ratio of 14.65 and a beta of 1.17. MNTN has a one year low of $7.67 and a one year high of $14.98.
MNTN (NYSE:MNTN – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.10). MNTN had a net margin of 18.00% and a return on equity of 18.85%. The company had revenue of $80.25 million during the quarter, compared to the consensus estimate of $87.77 million. During the same quarter last year, the company earned $0.08 earnings per share. The business’s revenue was up 14.6% on a year-over-year basis. Equities analysts anticipate that MNTN will post 0.87 earnings per share for the current fiscal year.
About MNTN
MNTN, Inc is an advertising technology company that provides software for planning, launching, measuring and optimizing connected television (CTV) advertising campaigns. Its platform is designed to help businesses use television advertising with the targeting, automation and performance measurement capabilities commonly associated with digital marketing.
The company’s products support campaign creation, audience targeting, media buying and analytics across streaming television environments.
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