MNTN (NYSE:MNTN) Stock Moved Down to Market Perform by Citizens Jmp

Citizens Jmp lowered shares of MNTN (NYSE:MNTN) from an outperform rating to a market perform rating in a report released on Thursday, MarketBeat Ratings reports.

A number of other equities research analysts have also recently commented on MNTN. Wall Street Zen raised shares of MNTN from a “hold” rating to a “buy” rating in a research report on Monday, September 28th. Evercore set a $22.00 price target on shares of MNTN in a report on Wednesday, August 5th. Freedom Broker started coverage on MNTN in a research report on Tuesday. They set a “buy” rating and a $16.50 price target on the stock. Tigress Financial decreased their price objective on MNTN from $26.00 to $22.00 and set a “strong-buy” rating for the company in a report on Thursday, August 13th. Finally, Raymond James Financial lowered MNTN from an “outperform” rating to a “market perform” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $15.30.

MNTN Stock Performance

Shares of MNTN stock opened at $4.67 on Thursday. The company has a market capitalization of $288.72 million, a PE ratio of 13.83 and a beta of 1.17. The company has a 50-day simple moving average of $10.70 and a two-hundred day simple moving average of $9.94. MNTN has a one year low of $4.61 and a one year high of $14.89.

MNTN (NYSE:MNTN) last released its quarterly earnings results on Wednesday, November 4th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.10). MNTN had a net margin of 17.81% and a return on equity of 18.46%. The firm had revenue of $80.25 million for the quarter, compared to analysts’ expectations of $87.77 million. During the same period in the previous year, the company posted $0.08 earnings per share. The business’s quarterly revenue was up 14.6% compared to the same quarter last year. On average, equities analysts predict that MNTN will post 0.87 earnings per share for the current fiscal year.

Insider Activity at MNTN

In related news, major shareholder Baroda Ventures Llc sold 275,115 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $12.75, for a total value of $3,507,716.25. Following the completion of the transaction, the insider directly owned 6,375,543 shares of the company’s stock, valued at $81,288,173.25. This trade represents a 4.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last ninety days, insiders have sold 335,555 shares of company stock valued at $4,266,038. Company insiders own 19.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. State of Alaska Department of Revenue acquired a new stake in shares of MNTN during the third quarter worth $26,000. Y Intercept Hong Kong Ltd acquired a new position in shares of MNTN in the 1st quarter valued at $117,000. Chicago Partners Investment Group LLC acquired a new position in shares of MNTN in the first quarter valued at about $156,000. Hsbc Holdings PLC boosted its position in MNTN by 45.4% in the first quarter. Hsbc Holdings PLC now owns 18,311 shares of the company’s stock valued at $161,000 after buying an additional 5,720 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in MNTN during the 1st quarter valued at approximately $162,000. Institutional investors and hedge funds own 72.90% of the company’s stock.

Trending Headlines about MNTN

Here are the key news stories impacting MNTN this week:

• Positive Sentiment: Revenue increased 14.6% year over year to $80.25 million, indicating continued growth, though it fell short of analysts’ expectations. MNTN Reports Third Quarter 2026 Results
• Neutral Sentiment: Analyst actions were mixed: Susquehanna cut its price target to $12 but kept a positive rating, while Evercore, Raymond James and Citizens JMP lowered their ratings. Susquehanna Analyst Update
• Negative Sentiment: Third-quarter adjusted earnings of $0.10 per share and revenue of $80.25 million both missed consensus estimates. MNTN also forecast fourth-quarter revenue of $75 million–$78 million as its new CEO pursues a go-to-market reset. MNTN Q4 Outlook and Go-to-Market Reset
• Negative Sentiment: Management cited sales-force disruption and attrition, raising concerns about customer acquisition and future growth. The disclosures prompted law firms to investigate potential securities claims; these are investigations, not findings of wrongdoing. Kehoe Law Firm Investigation Announcement

MNTN Company Profile

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.