MNTN (NYSE:MNTN) Shares Gap Up on Earnings Beat

MNTN Inc. (NYSE:MNTN)’s stock price gapped up before the market opened on Wednesday following a stronger than expected earnings report. The stock had previously closed at $8.13, but opened at $11.50. MNTN shares last traded at $11.2710, with a volume of 6,433,112 shares changing hands.

The company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.17. MNTN had a negative net margin of 2.22% and a positive return on equity of 12.69%. The company had revenue of $87.10 million during the quarter, compared to analysts’ expectations of $86.18 million. The firm’s quarterly revenue was up 24.8% compared to the same quarter last year.

Key Stories Impacting MNTN

Here are the key news stories impacting MNTN this week:

• Positive Sentiment: Q4 beats and swing to profit — MNTN reported Q4 EPS of $0.43 vs. $0.26 consensus and revenue of $87.1M (up ~24.8% YoY), which triggered the initial after‑hours rally. MNTN Shares Surge on Swing to 4Q Profit
• Positive Sentiment: Raised FY‑2026 revenue outlook — MNTN updated FY‑2026 revenue guidance to $345M–$355M, above consensus (~$323.7M), signaling stronger growth for the year. MNTN Reports Record Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Product/margin narrative — CEO comments highlight AI that helps customers produce commercials faster and cheaper, supporting the case for broader adoption and potential margin improvement. AI is allowing our customers to create commercials faster with lower costs: MNTN CEO Mark Douglas
• Neutral Sentiment: Analyst price-target reset — Susquehanna cut its target from $38 to $20 but retained a “positive” rating; the lower target tempers upside expectations even as the firm remains constructive. MNTN price target lowered by Susquehanna
• Negative Sentiment: Near‑term revenue guide slightly light — Q1 2026 revenue guidance of $71.3M–$73.3M comes in a touch below consensus (~$74M), which could limit immediate upside if investors focus on the near term. MNTN Reports Record Fourth Quarter and Full Year 2025 Results
• Negative Sentiment: Profitability caveats — despite the quarter’s EPS beat, company-level margins and historical profitability metrics remain mixed/negative in some reported metrics, which could keep longer‑term valuation multiples under pressure. MNTN earnings details and metrics

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on MNTN shares. JMP Securities set a $23.00 target price on MNTN in a research report on Wednesday, November 5th. Citigroup raised shares of MNTN from a “neutral” rating to a “buy” rating and decreased their price target for the company from $33.00 to $22.00 in a report on Friday, October 24th. Morgan Stanley cut their target price on shares of MNTN from $22.50 to $20.50 and set an “equal weight” rating on the stock in a report on Tuesday, January 13th. TD Cowen raised MNTN to a “buy” rating in a report on Thursday, December 4th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of MNTN in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, MNTN has an average rating of “Moderate Buy” and a consensus target price of $24.54.

Insider Buying and Selling at MNTN

In related news, Director Hadi Partovi sold 192,598 shares of the stock in a transaction on Monday, December 1st. The stock was sold at an average price of $13.46, for a total value of $2,592,369.08. Following the transaction, the director directly owned 254,922 shares in the company, valued at $3,431,250.12. This trade represents a 43.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 447,520 shares of company stock worth $6,005,775 in the last quarter. 60.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On MNTN

Several hedge funds have recently modified their holdings of the company. KLP Kapitalforvaltning AS bought a new position in shares of MNTN during the 3rd quarter worth $54,000. Los Angeles Capital Management LLC bought a new position in MNTN during the fourth quarter worth about $53,000. JPMorgan Chase & Co. purchased a new position in shares of MNTN in the third quarter worth about $86,000. Bank of America Corp DE raised its position in shares of MNTN by 622,300.0% in the third quarter. Bank of America Corp DE now owns 6,224 shares of the company’s stock valued at $115,000 after purchasing an additional 6,223 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in shares of MNTN during the 3rd quarter valued at approximately $170,000. Institutional investors own 72.90% of the company’s stock.

MNTN Stock Performance

The business’s 50 day moving average is $11.15 and its two-hundred day moving average is $16.03. The firm has a market capitalization of $491.53 million and a PE ratio of -7.17.

MNTN Company Profile

MNTN is a software platform specializing in connected television (CTV) advertising, offering marketers the tools to plan, launch and measure streaming TV campaigns. Its platform enables brands to reach audiences across major OTT and CTV channels, helping advertisers target viewers based on demographic, behavioral and contextual data.

The company’s core product suite includes campaign management, real-time bidding and performance analytics. MNTN integrates with leading streaming services and ad exchanges, allowing clients to execute programmatic buys, track view-through conversions and optimize media spend through automated reporting dashboards.

Founded by experienced digital advertising professionals, MNTN is headquartered in Austin, Texas, and primarily serves brands and agencies across the United States and Canada.