MNTN (NYSE:MNTN) Research Coverage Started at Freedom Broker

Freedom Broker initiated coverage on shares of MNTN (NYSE:MNTN) in a research note released on Tuesday morning, MarketBeat reports. The brokerage issued a buy rating and a $16.50 price objective on the stock.

A number of other brokerages have also issued reports on MNTN. Citigroup cut their price target on MNTN from $17.00 to $16.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. Weiss Ratings upgraded MNTN from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 19th. Tigress Financial dropped their price objective on MNTN from $26.00 to $22.00 and set a “strong-buy” rating for the company in a research note on Thursday, August 13th. Wall Street Zen upgraded MNTN from a “hold” rating to a “buy” rating in a research report on Monday, September 28th. Finally, Morgan Stanley set a $16.00 target price on MNTN in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, MNTN has a consensus rating of “Hold” and an average target price of $15.30.

MNTN Price Performance

MNTN opened at $4.67 on Tuesday. The company has a 50 day simple moving average of $10.70 and a two-hundred day simple moving average of $9.94. The firm has a market cap of $288.72 million, a P/E ratio of 13.83 and a beta of 1.17. MNTN has a 1-year low of $4.61 and a 1-year high of $14.89.

MNTN (NYSE:MNTN) last announced its quarterly earnings data 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 the consensus estimate of $87.77 million. During the same quarter in the previous year, the business earned $0.08 earnings per share. The firm’s revenue for the quarter 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 year.

Insider Activity at MNTN

In related news, major shareholder Baroda Ventures Llc sold 275,115 shares of the stock in a transaction dated 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 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders have sold 335,555 shares of company stock valued at $4,266,038. 19.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On MNTN

Several large investors have recently modified their holdings of the stock. State of Alaska Department of Revenue bought a new stake in MNTN in the third quarter worth $26,000. Y Intercept Hong Kong Ltd bought a new stake in shares of MNTN in the 1st quarter worth about $117,000. Chicago Partners Investment Group LLC purchased a new position in shares of MNTN during the 1st quarter worth about $156,000. Hsbc Holdings PLC grew its holdings in MNTN by 45.4% during the 1st 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 bought a new stake in MNTN in the first quarter worth about $162,000. Institutional investors own 72.90% of the company’s stock.

Key Headlines Impacting 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

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.