FY2026 EPS Estimates for MediaAlpha Reduced by William Blair

MediaAlpha, Inc. (NYSE:MAX - Free Report) - Stock analysts at William Blair decreased their FY2026 earnings per share estimates for MediaAlpha in a research note issued on Thursday, May 1st. William Blair analyst A. Klauber now expects that the company will post earnings of $0.52 per share for the year, down from their prior estimate of $0.53. The consensus estimate for MediaAlpha's current full-year earnings is $0.48 per share.

Other equities analysts also recently issued research reports about the stock. Keefe, Bruyette & Woods cut their price target on shares of MediaAlpha from $19.00 to $16.00 and set an "outperform" rating on the stock in a report on Tuesday, April 22nd. Royal Bank of Canada reduced their target price on shares of MediaAlpha from $20.00 to $18.00 and set an "outperform" rating for the company in a report on Wednesday. The Goldman Sachs Group lowered their price target on shares of MediaAlpha from $14.00 to $12.50 and set a "buy" rating on the stock in a report on Monday, April 14th. JPMorgan Chase & Co. increased their price target on MediaAlpha from $10.00 to $12.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Finally, BMO Capital Markets decreased their price objective on MediaAlpha from $27.00 to $23.00 and set an "outperform" rating for the company in a report on Thursday, April 3rd. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $17.21.

MediaAlpha Price Performance

MediaAlpha stock traded down $0.02 during trading hours on Monday, hitting $9.91. 621,492 shares of the stock traded hands, compared to its average volume of 659,775. MediaAlpha has a 1 year low of $7.33 and a 1 year high of $22.41. The stock has a market capitalization of $664.27 million, a price-to-earnings ratio of 58.29 and a beta of 1.12. The firm's 50 day moving average price is $8.76 and its 200-day moving average price is $11.17.

MediaAlpha (NYSE:MAX - Get Free Report) last released its earnings results on Wednesday, April 30th. The company reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.17 by ($0.02). MediaAlpha had a negative return on equity of 11.98% and a net margin of 1.41%. The company had revenue of $264.31 million during the quarter, compared to analyst estimates of $236.07 million. During the same quarter last year, the business earned ($0.02) earnings per share. The firm's revenue for the quarter was up 108.7% on a year-over-year basis.

Hedge Funds Weigh In On MediaAlpha

Several institutional investors and hedge funds have recently modified their holdings of the business. GAMMA Investing LLC grew its holdings in MediaAlpha by 8,775.8% in the first quarter. GAMMA Investing LLC now owns 2,929 shares of the company's stock valued at $27,000 after purchasing an additional 2,896 shares during the period. Covestor Ltd grew its stake in MediaAlpha by 44.1% in the 4th quarter. Covestor Ltd now owns 2,766 shares of the company's stock valued at $31,000 after acquiring an additional 847 shares during the period. Virtus Fund Advisers LLC purchased a new stake in MediaAlpha in the 4th quarter worth $35,000. Quarry LP raised its position in MediaAlpha by 107.1% during the fourth quarter. Quarry LP now owns 5,841 shares of the company's stock worth $66,000 after acquiring an additional 3,021 shares during the period. Finally, KLP Kapitalforvaltning AS purchased a new position in MediaAlpha during the fourth quarter valued at $67,000. Hedge funds and other institutional investors own 64.39% of the company's stock.

MediaAlpha Company Profile

MediaAlpha, Inc, through its subsidiaries, operates an insurance customer acquisition platform in the United States. It optimizes customer acquisition in various verticals of property and casualty insurance, health insurance, and life insurance. The company was founded in 2014 and is headquartered in Los Angeles, California.