MNTN (NYSE:MNTN) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

MNTN (NYSE:MNTN) released its quarterly earnings data on Tuesday. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.04, Zacks reports. MNTN updated its Q4 2025 guidance to EPS.

MNTN Stock Performance

NYSE MNTN traded down $0.68 during trading on Tuesday, reaching $14.81. The company’s stock had a trading volume of 981,704 shares, compared to its average volume of 719,209. MNTN has a twelve month low of $14.57 and a twelve month high of $32.49. The business’s fifty day moving average is $18.22.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on MNTN shares. Morgan Stanley lifted their price objective on shares of MNTN from $20.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 6th. Citigroup raised shares of MNTN from a “neutral” rating to a “buy” rating and reduced their price target for the company from $33.00 to $22.00 in a research report on Friday, October 24th. Tigress Financial raised shares of MNTN from a “buy” rating to a “strong-buy” rating and boosted their price target for the company from $28.00 to $36.00 in a research report on Monday, August 11th. JMP Securities boosted their price target on shares of MNTN from $30.00 to $33.00 and gave the company a “market outperform” rating in a research report on Wednesday, August 6th. Finally, Evercore ISI boosted their price target on shares of MNTN from $27.00 to $39.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $30.70.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of MNTN. Soros Fund Management LLC acquired a new position in MNTN in the second quarter valued at $2,187,000. Raymond James Financial Inc. acquired a new position in MNTN in the second quarter valued at $2,111,000. Bamco Inc. NY acquired a new position in MNTN in the second quarter valued at $1,531,000. Balyasny Asset Management L.P. acquired a new position in shares of MNTN during the second quarter worth about $3,442,000. Finally, Boothbay Fund Management LLC purchased a new position in MNTN during the second quarter worth about $2,183,000. 72.90% of the stock is currently owned by institutional investors and hedge funds.

About MNTN

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.