MNTN (NYSE:MNTN) Shares Gap Up Following Better-Than-Expected Earnings

MNTN Inc. (NYSE:MNTN)’s share price gapped up prior to trading 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 trading hands.

The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.17. The firm had revenue of $87.10 million during the quarter, compared to the consensus estimate of $86.18 million. MNTN had a negative return on equity of 30.86% and a negative net margin of 16.47%.The company’s revenue for the quarter was up 24.8% compared to the same quarter last year.

More MNTN News

Here are the key news stories impacting MNTN this week:

• Positive Sentiment: Q4 earnings beat and strong top-line growth — MNTN reported $0.43 EPS vs. $0.26 expected and revenue of $87.1M (up ~24.8% YoY), results that materially exceeded consensus and underpin the rally. MarketBeat Q4 results
• Positive Sentiment: FY 2026 revenue guidance raised above consensus — Management guided FY 2026 revenue to $345.0M–$355.0M vs. a consensus ~ $323.7M, suggesting stronger growth for the year and likely driving bullish investor expectations. BusinessWire press release
• Positive Sentiment: Market reaction and coverage amplified momentum — Multiple outlets reported the sharp after-hours move, increasing visibility and likely accelerating flows into the stock. MSN: What’s Behind MNTN’s After-Hours Surge?
• Neutral Sentiment: Earnings call / full transcript available — The company’s earnings call and slide deck provide management color on customer trends, margin cadence, and CAC/LTV metrics; investors should review the transcript/slides for details behind guidance. Seeking Alpha transcript
• Negative Sentiment: Q1 2026 revenue guide came in slightly below consensus — MNTN gave Q1 revenue guidance of roughly $71.3M–$73.3M vs. consensus ~$74.0M, a modest near-term soft spot that could temper some expectations. BusinessWire guidance details
• Negative Sentiment: Analyst price-target cut despite maintaining a positive rating — Susquehanna lowered its target from $38 to $20 (still a “positive” rating), which reduces some upside implied by earlier forecasts and could restrain longer-term momentum. The Fly: Susquehanna lowers price target

Analyst Ratings Changes

MNTN has been the topic of several recent analyst reports. TD Cowen raised MNTN to a “buy” rating in a research note on Thursday, December 4th. Susquehanna lowered their price target on MNTN from $38.00 to $20.00 and set a “positive” rating for the company in a research report on Wednesday. Citizens Jmp dropped their price objective on MNTN from $33.00 to $23.00 and set a “market outperform” rating on the stock in a research report on Wednesday, November 5th. JMP Securities set a $23.00 price objective on shares of MNTN in a report on Wednesday, November 5th. Finally, UBS Group set a $20.50 target price on MNTN in a research report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $24.54.

Insiders Place Their Bets

In related news, Director Hadi Partovi sold 192,598 shares of the stock in a transaction that occurred 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 completion of the sale, the director owned 254,922 shares of the company’s stock, valued at approximately $3,431,250.12. This trade represents a 43.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 447,520 shares of company stock worth $6,005,775 in the last quarter.

Hedge Funds Weigh In On MNTN

Institutional investors and hedge funds have recently modified their holdings of the company. Concurrent Investment Advisors LLC purchased a new stake in shares of MNTN during the 2nd quarter worth approximately $492,000. TD Asset Management Inc purchased a new position in MNTN in the second quarter valued at about $731,000. Bank of Montreal Can acquired a new position in MNTN during the second quarter worth $4,432,000. Claro Advisors LLC acquired a new stake in MNTN in the 2nd quarter valued at about $336,000. Finally, HBK Investments L P acquired a new position in shares of MNTN during the 2nd quarter worth approximately $2,187,000. Institutional investors and hedge funds own 72.90% of the company’s stock.

MNTN Price Performance

The company has a 50-day moving average price of $11.20 and a 200-day moving average price of $16.06. The firm has a market capitalization of $510.68 million and a PE ratio of -8.11.

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.