MNTN Inc. (NYSE:MNTN) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• "Moderate Buy" consensus from 13 brokerages (10 buy, 2 hold, 1 sell) with an average 1‑year price target of $22.55.
• Several analysts have recently cut targets or downgraded MNTN (Tigress, Susquehanna, Citi, Zacks) while Weiss maintains a sell, signaling mixed near‑term sentiment despite the consensus.
• MNTN beat quarterly EPS estimates ($0.43 vs $0.26) and revenue rose 24.8% YoY to $87.1M, but the company still has a negative net margin (−2.22%) and the stock trades near $8.43, well below analyst targets.

Shares of MNTN Inc. (NYSE:MNTN - Get Free Report) have been given a consensus rating of "Moderate Buy" by the thirteen brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and ten have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $22.5455.

A number of brokerages have recently issued reports on MNTN. Tigress Financial reduced their price objective on MNTN from $36.00 to $26.00 and set a "buy" rating for the company in a report on Tuesday, March 3rd. Weiss Ratings reiterated a "sell (e+)" rating on shares of MNTN in a research note on Friday, March 27th. Susquehanna cut their price target on MNTN from $38.00 to $20.00 and set a "positive" rating for the company in a research note on Wednesday, February 11th. Citigroup cut their price target on MNTN from $22.00 to $17.00 and set a "buy" rating for the company in a research note on Thursday, February 12th. Finally, Zacks Research cut MNTN from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 30th.

Institutional Investors Weigh In On MNTN

Several institutional investors have recently made changes to their positions in MNTN. Aster Capital Management DIFC Ltd bought a new stake in shares of MNTN in the fourth quarter valued at approximately $43,000. Los Angeles Capital Management LLC bought a new stake in shares of MNTN in the fourth quarter valued at approximately $53,000. KLP Kapitalforvaltning AS bought a new stake in shares of MNTN in the third quarter valued at approximately $54,000. Royal Bank of Canada boosted its stake in shares of MNTN by 2,093.6% in the fourth quarter. Royal Bank of Canada now owns 5,857 shares of the company's stock valued at $70,000 after buying an additional 5,590 shares during the period. Finally, JPMorgan Chase & Co. bought a new stake in MNTN during the third quarter worth $86,000. 72.90% of the stock is currently owned by institutional investors.

MNTN Stock Down 4.4%

Shares of NYSE:MNTN opened at $8.43 on Friday. MNTN has a 12-month low of $7.71 and a 12-month high of $32.49. The stock has a market cap of $623.02 million and a PE ratio of -5.44. The business has a 50 day moving average of $9.42 and a 200-day moving average of $12.25.

MNTN (NYSE:MNTN - Get Free Report) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.26 by $0.17. MNTN had a positive return on equity of 9.51% and a negative net margin of 2.22%.The company had revenue of $87.10 million during the quarter, compared to analysts' expectations of $86.18 million. The company's quarterly revenue was up 24.8% on a year-over-year basis.

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.

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