MNTN (NYSE:MNTN) Price Target Cut to $19.00 by Analysts at Citizens Jmp

MNTN (NYSE:MNTN) had its price objective reduced by Citizens Jmp from $23.00 to $19.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have a market outperform rating on the stock.

MNTN has been the topic of several other research reports. UBS Group set a $20.50 price objective on MNTN in a research report on Tuesday, January 13th. Morgan Stanley decreased their price target on shares of MNTN from $22.50 to $20.50 and set an “equal weight” rating on the stock in a research note on Tuesday, January 13th. Canaccord Genuity Group dropped their price objective on shares of MNTN from $20.00 to $18.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Citigroup cut their price objective on shares of MNTN from $22.00 to $17.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Finally, Zacks Research cut shares of MNTN from a “strong-buy” rating to a “hold” rating in a report on Friday, January 30th. Ten equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $20.68.

MNTN Stock Performance

Shares of MNTN opened at $8.88 on Wednesday. The firm’s 50-day simple moving average is $9.53 and its 200 day simple moving average is $11.38. The firm has a market cap of $577.85 million and a P/E ratio of -295.83. MNTN has a 52 week low of $7.71 and a 52 week high of $32.49.

MNTN (NYSE:MNTN) last posted its earnings results on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.01). The firm had revenue of $73.70 million during the quarter, compared to analyst estimates of $72.63 million. MNTN had a net margin of 7.84% and a return on equity of 17.17%. MNTN’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same period in the previous year, the company posted ($1.41) EPS. As a group, equities analysts forecast that MNTN will post 1 earnings per share for the current year.

Institutional Investors Weigh In On MNTN

A number of large investors have recently modified their holdings of MNTN. Mercato Partners Growth Iii GP LLC acquired a new position in shares of MNTN during the 4th quarter worth $73,646,000. Wellington Management Group LLP boosted its stake in MNTN by 67.8% in the third quarter. Wellington Management Group LLP now owns 5,345,302 shares of the company’s stock valued at $99,155,000 after buying an additional 2,159,075 shares in the last quarter. Vanguard Group Inc. grew its position in MNTN by 787.7% in the third quarter. Vanguard Group Inc. now owns 621,392 shares of the company’s stock valued at $11,527,000 after acquiring an additional 551,392 shares during the last quarter. Mariner LLC acquired a new position in MNTN during the fourth quarter worth about $4,306,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of MNTN by 7,337.0% in the fourth quarter. JPMorgan Chase & Co. now owns 343,513 shares of the company’s stock worth $4,102,000 after acquiring an additional 338,894 shares during the last quarter. Institutional investors and hedge funds own 72.90% of the company’s stock.

Trending Headlines about MNTN

Here are the key news stories impacting MNTN this week:

• Positive Sentiment: Raised full?year revenue outlook: Management increased FY2026 revenue guidance to $347M–$357M, signaling continued top?line growth and giving investors a clearer growth trajectory. MNTN raises FY 2026 revenue outlook to $347M-$357M with Q2 revenue seen at $81M-$83M
• Positive Sentiment: Product momentum: MNTN expanded its QuickFrame AI product (3.0), which could improve unit economics and advertiser onboarding if adoption accelerates. MNTN Releases QuickFrame AI 3.0 with a Major Feature Expansion, Delivering TV-Ready Commercials in Minutes
• Positive Sentiment: Record Q1 revenue: The company reported record Q1 revenue of $73.7M (up ~14% YoY) and said results were the best on record, supporting its growth story. MNTN Reports Record First Quarter 2026 Results
• Neutral Sentiment: Analyst price target adjustment: Citizens Jmp lowered its price target from $23 to $19 but retained a “market outperform” rating, indicating continued bullishness from some analysts despite trimming expectations. Benzinga
• Negative Sentiment: EPS missed by a penny: Reported EPS was $0.11 vs. consensus $0.12 — the small miss helped trigger the sell?off as investors had been pricing in a cleaner beat. Coverage noting the miss and the stock reaction is widespread. MNTN Inc. (MNTN) Lags Q1 Earnings Estimates
• Negative Sentiment: Near?term revenue guidance slightly cautious: Q2 revenue guidance of $81M–$83M was marginally below consensus (~$83.3M), widening concern about near?term growth momentum despite the raised FY range. MNTN Inc. Q1 2026 Earnings Call Summary
• Negative Sentiment: Market reaction & management commentary: Coverage and CEO comments (video/interviews) attempt to explain the stock drop — investors focused on the EPS miss, guidance details and pacing of ad spend adoption. Heavy trading volume accompanied the decline. MNTN stock tanks despite reporting Q1 profit: CEO explains

About MNTN

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.