MNTN Inc. (NYSE:MNTN) Receives $27.15 Consensus PT from Analysts

Shares of MNTN Inc. (NYSE:MNTN) have been assigned an average rating of “Moderate Buy” from the eleven analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $27.15.

A number of equities analysts recently weighed in on MNTN shares. JMP Securities set a $23.00 price target on shares of MNTN in a report on Wednesday, November 5th. Tigress Financial reissued a “strong-buy” rating and set a $36.00 price objective on shares of MNTN in a research report on Friday, November 7th. Citigroup raised MNTN from a “neutral” rating to a “buy” rating and dropped their target price for the stock from $33.00 to $22.00 in a research report on Friday, October 24th. Citizens Jmp dropped their target price on shares of MNTN from $33.00 to $23.00 and set a “market outperform” rating for the company in a research report on Wednesday, November 5th. Finally, Morgan Stanley set a $22.50 target price on shares of MNTN in a report on Wednesday, November 5th.

MNTN Stock Up 0.4%

NYSE MNTN opened at $14.01 on Thursday. MNTN has a twelve month low of $13.30 and a twelve month high of $32.49. The business’s 50-day simple moving average is $17.08.

MNTN (NYSE:MNTN) last announced its earnings results on Tuesday, November 4th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.04. The business had revenue of $70.00 million during the quarter, compared to the consensus estimate of $70.11 million. MNTN’s revenue was up 22.6% compared to the same quarter last year. MNTN has set its Q4 2025 guidance at EPS.

Institutional Investors Weigh In On MNTN

Institutional investors have recently bought and sold shares of the company. KLP Kapitalforvaltning AS acquired a new stake in shares of MNTN during the 3rd quarter worth approximately $54,000. JPMorgan Chase & Co. acquired a new stake in MNTN in the 3rd quarter valued at about $86,000. Quantbot Technologies LP acquired a new stake in shares of MNTN in the 3rd quarter valued at $170,000. BCS Private Wealth Management Inc. acquired a new stake in shares of MNTN during the 2nd quarter worth about $209,000. Finally, AMH Equity Ltd purchased a new position in shares of MNTN in the 3rd quarter valued at $186,000. 72.90% of the stock is currently owned by institutional investors and hedge funds.

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.