Mediaalpha, Inc. (MAX)
NYSE:MAX
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MAX Stock Chart & Stats
$10.06
-$0.32(-2.72%)
At close: 4:00 PM EST
$10.06
-$0.32(-2.72%)
Day’s Range― - ―
52-Week Range$7.09 - $13.92
Previous CloseN/A
Volume95.75K
Average Volume (3M)546.32K
Market Cap
$685.85M
Enterprise Value$679.16M
Total Cash (Recent Filing)$26.05M
Total Debt (Recent Filing)$163.50M
Price to Earnings (P/E)15.7
Beta1.02
Next Earnings
Aug 05, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.70
Shares Outstanding54,062,157
10 Day Avg. Volume649,742
30 Day Avg. Volume546,320
Financial Highlights & Ratios
PEG Ratio0.58
Price to Book (P/B)175.09
Price to Sales (P/S)0.65
P/FCF Ratio11.16
Enterprise Value/Market Cap0.99
Enterprise Value/Revenue0.59
Enterprise Value/Gross Profit3.93
Enterprise Value/Ebitda-16.75
Forecast
1Y Price Target
$12.50Price Target Upside24.25% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)1.02
Revenue Forecast (FY)$1.27B
Bulls Say, Bears Say
Bulls Say
Insurance-focused MarketplaceMediaAlpha’s core marketplace matches high-intent insurance shoppers to carriers and publishers, creating durable demand-driven revenue. Vertical focus on P&C, life and health builds domain expertise and network effects: more carriers and publishers raise marketplace liquidity, supporting sustainable take-rates and scalable transaction economics.
Consistent Cash Generation And FCF OutlookPositive operating and free cash flow that track net income (~1:1 conversion) provide durable internal funding for operations, buybacks, and debt service. Management’s reiterated full-year free cash flow target underscores predictable cash-generation capacity that can support strategic investments and reduce dependence on external financing.
Extended Maturities And Liquidity FlexibilityRefinancing to longer-dated facilities and maintaining undrawn revolver capacity materially reduces near-term refinancing pressure. Extended maturities and committed liquidity increase resilience to cyclical advertising and underwriting swings, giving management time to execute buybacks, deleveraging, or product investments without imminent rollover risk.
Bears Say
Elevated Leverage And Thin Equity BaseA high debt-to-equity ratio and limited equity cushion leave the company sensitive to earnings volatility and downside shocks. Elevated leverage constrains strategic flexibility, increases covenant and refinancing risk, and can force prioritization of cash for debt service over growth or product investment during adverse underwriting cycles.
Uneven Operating ProfitabilityWhile net income is modestly positive, negative recent EBITDA and volatile margins signal fragile operational leverage. Low gross margins reduce the buffer for cost increases or pricing pressure from carriers/publishers, making earnings and cash flow less predictable across cycles and limiting capacity to consistently fund reinvestment or debt reduction.
Reduced Transparency & Narrower MixCeasing transaction-value disclosure removes a key scale metric that helped assess marketplace throughput, reducing investor visibility into growth quality. Concurrently de-emphasizing under-65 Health narrows revenue mix and may concentrate exposure, making it harder to evaluate durable demand trends and unit economics over time.
MediaAlpha News
MAX FAQ
What was Mediaalpha, Inc.’s price range in the past 12 months?
Mediaalpha, Inc. lowest stock price was $7.09 and its highest was $13.92 in the past 12 months.
What is Mediaalpha, Inc.’s market cap?
Mediaalpha, Inc.’s market cap is $685.85M.
When is Mediaalpha, Inc.’s upcoming earnings report date?
Mediaalpha, Inc.’s upcoming earnings report date is Aug 05, 2026 which is in 40 days.
How were Mediaalpha, Inc.’s earnings last quarter?
Mediaalpha, Inc. released its earnings results on Apr 29, 2026. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.256 by -$0.046.
Is Mediaalpha, Inc. overvalued?
According to Wall Street analysts Mediaalpha, Inc.’s price is currently Undervalued.
Does Mediaalpha, Inc. pay dividends?
Mediaalpha, Inc. does not currently pay dividends.
What is Mediaalpha, Inc.’s EPS estimate?
Mediaalpha, Inc.’s EPS estimate is 0.23.
How many shares outstanding does Mediaalpha, Inc. have?
Mediaalpha, Inc. has 54,062,157 shares outstanding.
What happened to Mediaalpha, Inc.’s price movement after its last earnings report?
Mediaalpha, Inc. reported an EPS of $0.21 in its last earnings report, missing expectations of $0.256. Following the earnings report the stock price went down -14.9%.
Which hedge fund is a major shareholder of Mediaalpha, Inc.?
Currently, no hedge funds are holding shares in MAX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
MediaAlpha Stock Smart Score
Neutral
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8
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10
Analyst Consensus
Strong Buy
Average Price Target:
$12.50 (24.25% Upside)
$12.50 (24.25% Upside)
Blogger Sentiment
Bullish
MAX Sentiment 67%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 14.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 9.0%
Last 30 Days ▼ 9.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-0.92%
12-Months-Change
Fundamentals
Return on Equity
-568.82%
Trailing 12-Months
Asset Growth
53.23%
Trailing 12-Months
Company Description
Mediaalpha, Inc.
MediaAlpha, Inc. (MAX) runs a dedicated platform in the United States designed to enhance customer acquisition within the insurance sector. It specializes in streamlining the process of attracting new clients across various insurance segments, including property and casualty, health, and life coverage. The company was established in 2014, is based in Los Angeles, California, and functions as a subsidiary of White Mountains Insurance Group, Ltd.
MAX Company Deck
MAX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial picture: revenue and adjusted EBITDA beat guidance, core business growth (ex‑under‑65 Health) was strong (+28% YoY), contribution‑focused guidance implies healthy mid‑teens to high‑teens YoY growth for Q2, and management set a robust free cash flow target ($90M–$100M) while executing on share repurchases and refinancing to extend maturities. Notable negatives included a low cash balance in Q1 driven by one‑time payments (FTC, bonuses, tax receivable), a strategic de‑emphasis of under‑65 Health (reducing near‑term contribution), the decision to stop reporting transaction value (which may reduce metric transparency for some investors), and an expectation that growth will moderate in the back half of 2026 amid macro and underwriting uncertainty. On balance, the positives (beats, strong core growth, product/LLM tailwinds, shareholder returns and FCF outlook) outweigh the negatives.View all MAX earnings summariesMAX Stock 12 Month Forecast
Average Price Target
$12.50
▲(24.25% Upside)
Technical Analysis
Ownership Overview
14.62% Insiders
10.43% Mutual Funds
51.92% Other Institutional Investors
15.00% Public Companies and
Individual Investors