Evercore ISI Lowers its Price Target on MNTN, Inc. (MNTN) to $27 and Maintains an Outperform Rating

Core Insights - MNTN, Inc. is recognized as one of the 15 Best Small Cap Stocks to Buy according to Wall Street [1] - The company reported strong fourth-quarter results, with revenue of $87.1 million, slightly exceeding the consensus estimate of $86.18 million, and achieved a 36% year-over-year revenue growth for both the quarter and the full year [2][3] Financial Performance - Evercore ISI lowered its price target on MNTN to $27 from $33 while maintaining an Outperform rating, following a "solid beat-and-raise" fourth-quarter report [2][6] - Susquehanna reduced its price target to $20 from $38 but kept a Positive rating, citing strong fourth-quarter results and guidance for 2026 that exceeded expectations [3] Business Model and Growth Drivers - MNTN operates a technology platform focused on performance marketing for Connected TV through a self-serve ad buying system [4] - The company attributes its revenue growth to the Performance TV platform and highlights AI as a core component, with tools like MNTN Matched, QuickFrame AI, and AI-driven media planning aimed at enhancing TV advertising performance [3] Strategic Focus - Management emphasized customer growth, margin expansion, and ongoing product innovation as key factors supporting profitable growth [3]