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MNTNMNTN, Inc.Sell6.7·$12.90+1.82%
SellModerate Confidence
Investment thesis

MNTN clears the V9 asymmetry gate with a large margin of safety and a perfect four-quarter beat streak, but the stock remains in a confirmed downtrend with red-flagged earnings quality and thin analyst coverage.

Thesis pillars

  • High Asymmetry Recovery With Margin Of SafetyStable
  • Confirmed Downtrend Despite Bear RallyDeteriorating
  • Perfect Earnings Beat StreakImproving
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

Open full analysis

MNTN, Inc. (MNTN) Stock Analysis

Recovery setup · Inst Constrain edge

SellVALUE-TRAP 2/5GrowthQualityModerate Confidence

Technology · Software - Application

Sell if holding. Engine safety override at $12.90: Risk below floor (2.6 < 3.0) triggers a hard block regardless of the otherwise-positive setup — overall score 6.7/10. Specifically: Elevated put/call ratio: 5.50.

MNTN operates a self-serve Performance TV (PTV) software platform that lets brands plan, target, measure and attribute connected-TV ad campaigns similarly to paid search and social. The company earns platform fees from marketers of all sizes; approximately 95% of its customers... Read more

$12.90+22.1% A.UpsideScore 6.7/10#8 of 124 Software - Application
QualityF-score9 / 9FCF yield4.46%
Stop $12.00Target $15.75(analyst − 13%)A.R:R 1.5:1
Analyst target$18.10+40.3%10 analysts
$15.75our TP
$12.90price
$18.10mean
$22

Sell if holding. Engine safety override at $12.90: Risk below floor (2.6 < 3.0) triggers a hard block regardless of the otherwise-positive setup — overall score 6.7/10. Specifically: Elevated put/call ratio: 5.50. Chart setup: Death cross but MACD improving, RSI 91. Score 6.7/10, moderate confidence.

Passes 8/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 74d clear, semi cycle peak clear, materials cycle peak clear). Suitability: speculative.

10-K grounded · weekly refresh

About MNTN, Inc.

About MNTN, Inc.

MNTN's self-serve Performance TV (PTV) platform sources CTV ad inventory from premium networks including NBC, Paramount and Fox, targeting nearly all CTV households in the United States. Roughly 95% of the company's customers had never advertised on television before adopting the platform, reflecting its focus on small and mid-sized businesses alongside larger brands. MNTN Matched, its proprietary targeting technology, and Verified Visits, its cross-device attribution system, connect impressions to consumer actions across hundreds of millions of devices.

MNTN earns revenue through platform fees paid by marketers who use its self-serve interface to plan, launch and optimize CTV campaigns, rather than through a media-buying commission model. The company sources inventory directly from premium television networks and can negotiate preferential pricing as customer spend grows, aligning its economics with network partners seeking new CTV advertisers. Its technology combines AI-driven audience targeting, granular impression tracking, and Verified Visits attribution that links devices in a household to measure downstream actions such as purchases and app installs. For customers who have never produced a television ad, MNTN also operates QuickFrame, a marketplace of independent creators that produces cost-effective commercials, reducing the friction of entering CTV advertising. The company competes for ad budgets that would otherwise go to paid search and social platforms, positioning PTV as a comparably measurable alternative channel.

Show full overview

MNTN describes benefiting from a flywheel effect tied to its early-mover position in performance TV, as growing customer spend lets it negotiate preferential ad-inventory pricing with television networks, which in turn can improve return on ad spend for advertisers and encourage further budget shifts from search and social. This network-effect argument is unproven at scale, however, since the filing does not quantify the magnitude of pricing advantages obtained from networks or disclose customer retention metrics that would substantiate durable switching costs once a brand has built campaign history and creative assets inside the platform.

See also: Technology · Software - Application

From MNTN, Inc.'s most recent 10-K filing, extracted July 6, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-08-22
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Nov 3, 202674d to earnings· next earnings call

Thesis

Rewards
No bull case signals
Risks
Risk below floor (2.6 < 3.0)
Value-trap signals (2/5): Margin compression (op margin 2.5%), Material insider selling (6 sells, 0.03% of cap)

Key Metrics

P/E (TTM)7.2
P/E (Fwd)9.7
Mkt Cap$948M
EV/EBITDA14.5
Profit Mgn18.0%
ROE19.7%
Rev Growth20.6%
Beta
DividendNone
Rating analysts16

Quality Signals

Piotroski F9/9MoatNarrow

Options Flow

P/C5.50bearish
IV70%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

Show full disclosure ▾

About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.

No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.

No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.

Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
0.0
Support Resistance
0.9
Bollinger
1.7

Volatile — 5.3% daily ATR makes tight stops impractical. Position-size conservatively.static

Volatility
0.0
Put Call
0.0
Implied Vol
1.7
Short Interest
5.1
Days To Cover
6.0
Elevated put/call: 5.50High IV: 70%
GatesDeath cross (50MA < 200MA)Momentum 6.2>=5.5A.R:R 1.5 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 74d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Speculative
RSI
91 · Overbought
20D MA 50D MA 200D MADEATH CROSSSupport $8.81Resistance $13.30

Price Targets

$12
$16
A.Upside+22.1%
A.R:R1.5:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Risk below floor (2.6 < 3.0)
! Value-trap signals (2/5): Margin compression (op margin 2.5%), Material insider selling (6 sells, 0.03% of cap)

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-11-03 (74d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is MNTN stock a buy right now?

Sell if holding. Engine safety override at $12.90: Risk below floor (2.6 < 3.0) triggers a hard block regardless of the otherwise-positive setup — overall score 6.7/10. Specifically: Elevated put/call ratio: 5.50. Chart setup: Death cross but MACD improving, RSI 91. Prior stop was $12.00. Score 6.7/10, moderate confidence.

What is the MNTN stock price target?

Take-profit target: $15.75 (+22.1% upside). Prior stop was $12.00. Stop-loss: $12.00.

What are the risks of investing in MNTN?

Risk below floor (2.6 < 3.0); Value-trap signals (2/5): Margin compression (op margin 2.5%), Material insider selling (6 sells, 0.03% of cap).

Is MNTN overvalued or undervalued?

MNTN, Inc. trades at a P/E of 7.2 (forward 9.7). TrendMatrix value score: 7.9/10. Verdict: Sell.

What do analysts say about MNTN?

16 analysts cover MNTN with a consensus score of 4.1/5. Average price target: $18.

What does MNTN, Inc. do?MNTN operates a self-serve Performance TV (PTV) software platform that lets brands plan, target, measure and attribute...

MNTN operates a self-serve Performance TV (PTV) software platform that lets brands plan, target, measure and attribute connected-TV ad campaigns similarly to paid search and social. The company earns platform fees from marketers of all sizes; approximately 95% of its customers had never advertised on television before joining. Its MNTN Matched targeting and Verified Visits attribution track consumer responses across hundreds of millions of devices.

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