MNTN (NYSE:MNTN) Posts Earnings Results, Beats Expectations By $0.04 EPS

MNTN (NYSE:MNTN) posted its quarterly earnings data on Tuesday. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.04, Zacks reports. MNTN updated its Q4 2025 guidance to EPS.

MNTN Price Performance

MNTN stock traded down $0.68 during midday trading on Tuesday, reaching $14.81. 981,729 shares of the company were exchanged, compared to its average volume of 719,209. The stock’s 50-day simple moving average is $18.22. MNTN has a one year low of $14.57 and a one year high of $32.49.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on MNTN. Morgan Stanley boosted their target price on shares of MNTN from $20.00 to $25.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 6th. Evercore ISI boosted their target price on shares of MNTN from $27.00 to $39.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Needham & Company LLC boosted their target price on shares of MNTN from $25.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Citigroup upgraded shares of MNTN from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $33.00 to $22.00 in a report on Friday, October 24th. Finally, JMP Securities boosted their target price on shares of MNTN from $30.00 to $33.00 and gave the stock a “market outperform” rating in a report on Wednesday, August 6th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $30.70.

Hedge Funds Weigh In On MNTN

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State of Tennessee Department of Treasury bought a new stake in shares of MNTN in the second quarter valued at about $223,000. Oxford Asset Management LLP bought a new stake in shares of MNTN in the second quarter valued at about $487,000. Bamco Inc. NY bought a new stake in shares of MNTN in the second quarter valued at about $1,531,000. LMR Partners LLP bought a new stake in shares of MNTN in the second quarter valued at about $1,642,000. Finally, Raymond James Financial Inc. bought a new stake in shares of MNTN in the second quarter valued at about $2,111,000. 72.90% of the stock is owned by institutional investors.

MNTN Company Profile

MNTN is on a mission to transform Connected TV (“CTV”) into a next-generation performance marketing channel. Our revolutionary Performance TV (“PTV”) software platform allows marketers to combine the powerful storytelling format of TV advertising with the targeting, measurement and attribution capabilities of paid search and social advertising.