Analysts Issue Forecasts for MediaAlpha FY2026 Earnings

MediaAlpha, Inc. (NYSE:MAX - Free Report) - Investment analysts at William Blair reduced their FY2026 EPS estimates for MediaAlpha in a research report issued to clients and investors on Thursday, May 1st. William Blair analyst A. Klauber now anticipates that the company will earn $0.52 per share for the year, down from their previous estimate of $0.53. The consensus estimate for MediaAlpha's current full-year earnings is $0.48 per share.

Several other research analysts have also recently weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of MediaAlpha from $10.00 to $12.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Royal Bank of Canada decreased their price objective on MediaAlpha from $20.00 to $18.00 and set an "outperform" rating on the stock in a report on Wednesday. Canaccord Genuity Group dropped their target price on MediaAlpha from $30.00 to $26.00 and set a "buy" rating for the company in a report on Monday, February 24th. BMO Capital Markets decreased their price target on shares of MediaAlpha from $27.00 to $23.00 and set an "outperform" rating on the stock in a research note on Thursday, April 3rd. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of MediaAlpha from $19.00 to $16.00 and set an "outperform" rating for the company in a research note on Tuesday, April 22nd. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $17.21.

MediaAlpha Price Performance

MAX stock traded up $0.09 during midday trading on Monday, reaching $10.06. 119,204 shares of the company were exchanged, compared to its average volume of 549,604. The firm has a market capitalization of $674.32 million, a price-to-earnings ratio of 59.18 and a beta of 1.12. The business has a 50-day moving average price of $8.79 and a two-hundred day moving average price of $11.10. MediaAlpha has a one year low of $7.33 and a one year high of $20.91.

MediaAlpha (NYSE:MAX - Get Free Report) last posted its quarterly 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 business had revenue of $264.31 million for the quarter, compared to the consensus estimate of $236.07 million. During the same quarter in the previous year, the business posted ($0.02) EPS. The company's revenue for the quarter was up 108.7% on a year-over-year basis.

Institutional Investors Weigh In On MediaAlpha

Institutional investors and hedge funds have recently bought and sold shares of the company. Barclays PLC raised its position in shares of MediaAlpha by 423.2% in the 3rd quarter. Barclays PLC now owns 66,525 shares of the company's stock valued at $1,204,000 after buying an additional 53,809 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in MediaAlpha by 655.8% during the third quarter. JPMorgan Chase & Co. now owns 80,071 shares of the company's stock worth $1,450,000 after purchasing an additional 69,477 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of MediaAlpha by 4.3% in the 4th quarter. Rhumbline Advisers now owns 43,431 shares of the company's stock valued at $490,000 after purchasing an additional 1,782 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of MediaAlpha by 100.1% in the 3rd quarter. Franklin Resources Inc. now owns 128,604 shares of the company's stock valued at $2,432,000 after purchasing an additional 64,331 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of MediaAlpha by 4.9% during the 4th quarter. Vanguard Group Inc. now owns 3,623,344 shares of the company's stock worth $40,908,000 after buying an additional 169,654 shares in the last quarter. 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.