MNTN (NYSE:MNTN) Earns “Sell (D)” Rating from Weiss Ratings

MNTN (NYSE:MNTN)‘s stock had its “sell (d)” rating reaffirmed by analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

Several other brokerages have also issued reports on MNTN. Evercore ISI increased their price objective on MNTN from $27.00 to $39.00 and gave the stock an “outperform” rating in a report on Wednesday, August 6th. Citigroup assumed coverage on shares of MNTN in a research report on Monday, June 16th. They set a “neutral” rating and a $22.00 target price on the stock. Loop Capital assumed coverage on shares of MNTN in a research report on Monday, June 16th. They set a “buy” rating and a $29.00 target price on the stock. Needham & Company LLC increased their target price on shares of MNTN from $25.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, Morgan Stanley increased their target price 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. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $30.70.

MNTN Stock Up 2.0%

Shares of NYSE:MNTN opened at $17.48 on Wednesday. MNTN has a 1 year low of $16.93 and a 1 year high of $32.49. The stock’s fifty day moving average price is $21.10.

MNTN (NYSE:MNTN) last announced its quarterly earnings data on Tuesday, August 5th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.02). The company had revenue of $68.46 million during the quarter, compared to analyst estimates of $64.54 million. The firm’s revenue for the quarter was up 25.0% compared to the same quarter last year. MNTN has set its Q3 2025 guidance at EPS.

Institutional Investors Weigh In On MNTN

A number of hedge funds have recently bought and sold shares of the company. BCS Private Wealth Management Inc. bought a new stake in MNTN during the second quarter valued at about $209,000. State of Tennessee Department of Treasury bought a new stake in MNTN during the second quarter valued at about $223,000. Claro Advisors LLC bought a new stake in MNTN during the second quarter valued at about $336,000. Oxford Asset Management LLP bought a new stake in MNTN during the second quarter valued at about $487,000. Finally, Concurrent Investment Advisors LLC bought a new stake in MNTN during the second quarter valued at about $492,000. 72.90% of the stock is currently owned by institutional investors.

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.