William Blair Brokers Lift Earnings Estimates for MediaAlpha

Key Points

• William Blair has increased its Q3 2025 earnings per share estimate for MediaAlpha from $0.10 to $0.16, while the consensus for the full year sits at $0.48 per share.
• Several brokerages have set differing target prices for MediaAlpha, with Goldman Sachs lowering theirs from $14.00 to $12.50, while JPMorgan raised theirs from $10.00 to $12.00.
• MediaAlpha saw a significant 41.1% year-over-year increase in revenue, achieving $251.62 million for the latest quarter, surpassing analysts' expectations.

MediaAlpha, Inc. (NYSE:MAX - Free Report) - Investment analysts at William Blair raised their Q3 2025 earnings per share (EPS) estimates for shares of MediaAlpha in a research note issued to investors on Wednesday, August 6th. William Blair analyst A. Klauber now expects that the company will post earnings per share of $0.16 for the quarter, up from their prior estimate of $0.10. The consensus estimate for MediaAlpha's current full-year earnings is $0.48 per share.

A number of other brokerages also recently commented on MAX. Keefe, Bruyette & Woods lowered their price objective on MediaAlpha from $19.00 to $16.00 and set an "outperform" rating for the company in a research report on Tuesday, April 22nd. Royal Bank Of Canada lowered their price objective on MediaAlpha from $20.00 to $18.00 and set an "outperform" rating for the company in a research report on Wednesday, May 7th. JPMorgan Chase & Co. boosted their price objective on MediaAlpha from $10.00 to $12.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Wall Street Zen downgraded MediaAlpha from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, The Goldman Sachs Group lowered their price objective on MediaAlpha from $14.00 to $12.50 and set a "buy" rating for the company in a research report on Monday, April 14th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, MediaAlpha presently has an average rating of "Moderate Buy" and a consensus target price of $17.92.

MediaAlpha Price Performance

Shares of MediaAlpha stock traded down $0.44 on Friday, reaching $10.95. 737,870 shares of the company were exchanged, compared to its average volume of 412,420. MediaAlpha has a 1-year low of $7.33 and a 1-year high of $20.91. The company has a market cap of $733.98 million, a P/E ratio of -91.24 and a beta of 1.19. The stock's 50 day moving average price is $10.59 and its 200-day moving average price is $10.10.

MediaAlpha (NYSE:MAX - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. The company had revenue of $251.62 million during the quarter, compared to the consensus estimate of $248.80 million. MediaAlpha had a negative return on equity of 62.53% and a negative net margin of 0.61%. MediaAlpha's revenue was up 41.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.07 EPS.

Institutional Investors Weigh In On MediaAlpha

Institutional investors have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC lifted its stake in MediaAlpha by 54.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 42,298 shares of the company's stock worth $381,000 after purchasing an additional 14,871 shares during the last quarter. GAMMA Investing LLC lifted its stake in MediaAlpha by 8,775.8% during the first quarter. GAMMA Investing LLC now owns 2,929 shares of the company's stock worth $27,000 after purchasing an additional 2,896 shares during the last quarter. Vanguard Group Inc. lifted its stake in MediaAlpha by 4.9% during the fourth quarter. Vanguard Group Inc. now owns 3,623,344 shares of the company's stock worth $40,908,000 after purchasing an additional 169,654 shares during the last quarter. Virtus Investment Advisers Inc. purchased a new stake in MediaAlpha during the fourth quarter worth approximately $172,000. Finally, Millennium Management LLC lifted its stake in MediaAlpha by 91.0% during the fourth quarter. Millennium Management LLC now owns 781,349 shares of the company's stock worth $8,821,000 after purchasing an additional 372,305 shares during the last quarter. 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.