MediaAlpha, Inc. MAX

9.27 (0.18) (1.90%) as of 25 Sep
Market cap
$591.8M
P/E
5.3×

Insider Decisions

Total sells 31.64
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — 4 13 11 9 12 8 4 8 10 8 5
Insider Ownership 47.57%

Capital & Financial Ratios

Market Cap 591.81
Revenue 1,224.55
Net Income 107.46
Free Cash Flow 56.28
Net Debt 152.97
Current Ratio 1.29
Debt/Equity (35.71)
P/E ratio 5.27
P/S ratio 0.41
P/B ratio 0.00
Past 5Y EPS Growth (10.21%)
This Y EPS Growth 258.11%
Next Y EPS Growth (16.36%)
Next 5Y EPS Growth 48.77%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 17 43 47 24
Receivables 54 143 123 142
Inventory — — — —
Other — — — —
75 190 174 171
2023 2024 2025 Q'26
Payables 56 106 91 113
ST’ Debt 12 9 22 7
Other — — — —
80 133 148 133
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 13.75% 34.36%
Cash Flow — 4.99% 32.38%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 310 317 — — —
’25 264 252 307 291 1,114
’24 127 178 259 301 865
’23 112 85 75 117 388
’22 143 103 89 124 459
’21 174 157 153 162 645
’20 119 124 152 190 585
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (2) 43 — — —
’25 24 26 24 (7) 66
’24 2 22 8 15 46
’23 13 4 (1) 5 20
’22 8 12 15 (7) 28
’21 (9) 4 12 22 29
’20 7 32 0 12 51
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (2) 42 — — —
’25 24 26 24 (7) 65
’24 2 21 8 14 45
’23 13 4 (1) 5 20
’22 8 12 15 (7) 28
’21 (9) 3 12 22 28
’20 7 32 0 12 51
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.21 0.65 — — —
’25 (0.04) (0.33) 0.26 0.50 0.39
’24 (0.02) 0.07 0.17 0.08 0.31
’23 (0.23) (0.32) (0.29) (0.05) (0.89)
’22 (0.17) (0.22) (0.34) (0.63) (1.37)
’21 0.00 (0.01) (0.07) (0.10) (0.19)
’20 — — (0.30) — (0.14)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — 21.62 12.68 7.59 5.08 10.21 7.33

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — 52.93 70.33 17.26 17.01 25.78 13.92
High Price
— — — — 117 149 156 137 144 147
Employees
— — 0 0 5 4 3 3 6 8
Revenue/Emp
— — 297 408 585 645 459 388 865 1,114
Revenue
— — 16.58% 15.95% 14.60% 15.73% 15.26% 17.19% 16.60% 15.05%
Gross Margin
— — 18 18 9 (10) 30 (57) 24 (111)
EBT
— — 6.10% 4.37% 1.59% (1.48%) 6.63% (14.69%) 2.72% (9.97%)
EBT Margin
— 0 18 18 11 (8) (72) (57) 22 27
Net Income
— — 12 6 5 5 7 8 7 4
Depreciation
— — 8.95 12.30 18.20 17.31 10.94 8.52 16.30 19.80
Revenue/Sh
— — 0.55 0.54 (0.14) (0.14) (1.37) (0.89) 0.31 0.46
Earnings/Sh
— — 0.68 0.67 1.60 0.77 0.67 0.44 0.86 1.17
Cash Flow/Sh
— — (0.02) (0.01) (0.01) (0.02) 0.00 0.00 (0.01) (0.01)
Capex/Sh
— — 0.66 0.66 1.59 0.75 0.67 0.44 0.85 1.16
Free CF/Sh
— — 0.00 (3.42) (3.27) (1.65) (2.05) (2.07) (0.87) (0.52)
Book Value/Sh
— — 33 33 32 37 42 46 53 56
Shares
— — 0.00 0.00 0.00 0.00 0.00 0.00 37.63 28.78
PE Ratio
— — 0.00 0.00 2.22 0.89 0.94 1.29 0.69 0.65
PS Ratio
— — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PB Ratio
— — 0.00 0.00 2.49 1.10 1.31 1.70 0.83 0.75
EV/Sales
— — 18.70 18.70 28.47 25.45 21.28 32.70 15.74 12.79
EV/FCF
— — 23 22 51 29 28 20 46 66
Op' Cash Flow
— — (1) 0 0 (1) 0 0 (1) 0
Capex
— — 22 22 51 28 28 20 45 65
FCF
— — 11 20 20 53 4 (5) 57 27
Working Cap'
— — 14 98 183 187 183 174 162 153
Total Debt
— — 9 88 159 136 169 157 119 107
Net Debt
— — 0 (114) (105) (62) (86) (94) (46) (29)
Sh' Equity
— — 0.00% 33.82% (2.77%) (2.11%) (25.08%) (24.95%) 7.99% 7.93%
ROA
— — 140.61% 0.00% 22.61% 1.80% (26.83%) (39.86%) 36.61% 17.88%
ROIC
— — 3,695.21% (48.74%) 3.99% 6.33% 78.11% 44.78% (23.64%) (67.94%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

MediaAlpha, Inc. peers in Internet Content & Information

Company Market cap P/E Compare
CARS Cars.com Inc. $568.0M 18.8× Compare
EVER EverQuote, Inc. $636.4M 5.8× Compare
NRDS NerdWallet, Inc. $524.2M 9.3× Compare
MOMO Hello Group Inc. Sponsored ADR $518.3M 5.0× Compare
Company Market cap P/E Compare
GRPN Groupon, Inc. $855.5M 0.0× Compare
TBLA Taboola.com Ltd. $932.0M 8.4× Compare
NXDR Nextdoor Holdings, Inc. $967.1M 0.0× Compare
BMBL Bumble Inc. $353.7M 0.0× Compare

All 77 Internet Content & Information stocks →

MediaAlpha, Inc. (MAX) key facts

  • MediaAlpha, Inc. (MAX) is an Internet Content & Information company in the Communication Services sector, listed on the New York Stock Exchange.
  • MediaAlpha, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 28.8% from fiscal 2024.
  • Net income was $26.8 million, or $0.46 per share (basic), a net margin of 2.30%.
  • As of September 25, 2026, MAX traded at $9.27, a market capitalization of $591.8 million.
  • At that price the stock trades at 5.3× trailing-twelve-month earnings and 0.4× sales.
  • Return on equity was −67.9% and debt-to-equity -35.71.

Source: company filings (standardised) and stockrow calculations.

MediaAlpha, Inc. (MAX) Latest News

News by impact score

Fine-tune

24 Sep

3

MediaAlpha (MAX) at $9.39 is highlighted as the only stock under $10 with potential, powered by technology that connects insurers to high-intent consumers. The piece cites 57% annual revenue growth over two years, 11.8% projected revenue growth next 12 months, and 171% annual EPS growth, with a forward P/E of 7.7x. It also flags two other under-$10 names to avoid—PacBio (PACB) and RPC (RES)—on weak cash flow, margins, and liquidity concerns. The article promotes MAX as a top under-$10 pick while warning investors to be cautious of the broader smaller-cap space. Positive growth metrics and attractive valuation for MAX could modestly affect sentiment without altering long-term fundamentals.

21 Sep

3

MediaAlpha trades at $10.28, up 6.3% over six months but trails the S&P 500's 16.4% gain. It operates a tech platform that powers roughly 10 million monthly insurance referrals, connecting carriers with high-intent buyers across property, casualty, health, and life lines. Positive signals include 12.7% annualized revenue growth over five years and a 7.7% CAGR in EPS, outpacing many services peers. A key caution is a 5.1 percentage-point drop in free cash flow margin over five years, with trailing-12-month FCF margin at 4.6%, implying potential higher capital needs. The piece conveys an overall favorable view, noting MAX trades at about 8.1x forward P/E and suggesting room for a position, while also promoting broader StockStory stock picks. Solid revenue and EPS momentum balanced by shrinking FCF margin and a modest valuation imply a notable but not transformative impact on MAX's trajectory.

17 Sep

3

MediaAlpha (MAX) receives Strong Buy upgrade from analysts based on improved fundamentals and growth outlook. Analyst upgrade to Strong Buy can lift short-term investor sentiment and share price without altering long-term company trajectory.

7 Aug

3 transcript

MediaAlpha (MAX) released its Q2 2026 earnings call transcript. Earnings results shape near-term financial outlook and sentiment.

30 Jul

4 transcript

MediaAlpha Q2 earnings call highlights include updates on financial performance, revenue figures, and strategic initiatives for the period. Q2 earnings results and outlook directly shape investor views and near-term stock trajectory for MAX.

4

MediaAlpha Inc posted record revenue surging 26% in Q2 2026, fueled by carrier partnerships and operational gains. Record revenue growth signals major positive shift in financial trajectory and investor outlook.

29 Jul

4

MediaAlpha reported upbeat Q2 CY2026 results and guided for strong sales next quarter. Upbeat Q2 results and strong next-quarter sales guidance signal improved financial performance and growth prospects.

3

MediaAlpha, Inc. (MAX) posted Q2 earnings and revenues above estimates. Q2 earnings and revenue beats typically lift near-term investor sentiment and share price.

3

MediaAlpha, Inc. (MAX) announced financial results for the second quarter of 2026. Quarterly earnings data directly shapes near-term investor views and stock movement for MediaAlpha.

28 Jul

3

MediaAlpha (MAX) Q2 earnings preview highlights expected revenue, profitability metrics and insurance vertical trends ahead of the report. Q2 earnings preview may moderately sway short-term stock sentiment and valuation without shifting long-term strategy.

7 May

4

MediaAlpha (NYSE:MAX) reported solid earnings reinforced by other strong factors. Solid earnings backed by strong factors signal significant positive influence on financial performance and investor sentiment.

30 Apr

4

MediaAlpha, Inc. (MAX) Q1 2026 earnings call summary details quarterly financial performance, operational updates, and forward guidance. Q1 2026 earnings summary reveals financial results and strategic outlook directly shaping investor expectations and stock trajectory.

4

MediaAlpha, Inc. (MAX) released highlights from its Q1 earnings call, covering financial results, operational updates, and forward guidance. Q1 earnings highlights reveal financial performance, growth metrics, and guidance that significantly impact investor sentiment and stock trajectory.

4

MediaAlpha Inc. (MAX) achieved record Q1 2026 results, including strong revenue growth and profitability, while announcing strategic shifts toward new market expansions and technology investments during their earnings call. Record earnings and strategic shifts represent major positive developments poised to enhance financial performance and competitive positioning.

29 Apr

4

MediaAlpha (NYSE:MAX) Q1 CY2026 sales topped estimates. Q1 CY2026 sales beating estimates signals strong financial performance likely to boost investor sentiment and stock trajectory.

4

MediaAlpha, Inc. (MAX) announced first quarter 2026 financial results. Quarterly financial results announcements drive significant stock volatility and shape investor expectations for future performance.

3

MediaAlpha, Inc. (MAX) missed Q1 earnings estimates, reporting weaker-than-expected results that disappointed analysts and investors. Missing Q1 earnings highlights financial underperformance with moderate impact on market sentiment and near-term stock trajectory.

28 Apr

3

MediaAlpha (MAX) Q1 earnings preview anticipates revenue growth in health and property & casualty insurance segments, improved adjusted EBITDA margins, and positive guidance amid competitive dynamics. Earnings expectations directly influence perceptions of financial health and stock trajectory.

2 Apr

4

MediaAlpha launches the insurance industry's first carrier-approved conversational AI application for carriers and consumers. Launch of industry's first carrier-approved AI app strengthens MediaAlpha's innovation leadership and competitive edge in insurance tech.

18 Mar

3

MediaAlpha (MAX) stock faces buy, sell, or hold recommendation after Q4 earnings, analyzing financial results, growth metrics, and future outlook. Q4 earnings directly impact MediaAlpha's financial performance and investor sentiment with moderate influence on trajectory.

24 Feb

4

MediaAlpha, Inc. (MAX) Q4 2025 earnings call summary covers financial results, performance metrics, and forward-looking guidance. Q4 earnings call summary discloses key financials and outlook, significantly influencing stock trajectory and investor sentiment.

4

MediaAlpha Inc. (MAX) Q4 2025 earnings call highlights navigating growth and challenges amid industry dynamics. Q4 2025 earnings highlights detail growth strategies and challenges that could significantly shape MediaAlpha's financial trajectory and market sentiment.

3

MediaAlpha (MAX) stock rockets higher today amid positive developments driving investor enthusiasm. Stock surge reflects moderately noticeable short-term market sentiment boost from company-specific catalysts.

23 Feb

4

MediaAlpha, Inc. (MAX) shared highlights from its Q4 earnings call, covering financial results, operational updates, and forward-looking guidance. Q4 earnings call highlights provide critical financial data and guidance that significantly shape MediaAlpha's trajectory and investor sentiment.

4

MediaAlpha (MAX) Q4 earnings analysis compares key metrics against analyst estimates. Q4 earnings metrics versus estimates directly influence financial performance and investor sentiment.

4

MediaAlpha, Inc. (MAX) reported Q4 earnings that beat analyst estimates. Beating Q4 earnings estimates demonstrates strong financial results, likely driving positive stock momentum and investor sentiment.

4

MediaAlpha, Inc. announced its fourth quarter and full year 2025 financial results. Quarterly and annual financial results announcements significantly affect stock price, investor sentiment, and future performance expectations.

3

MediaAlpha (NYSE:MAX) missed Q4 CY2025 sales expectations, but its stock soared 8.2%. Sales miss affects financial performance moderately, balanced by strong positive stock reaction.

21 Feb

3

MediaAlpha (MAX) Q4 earnings preview outlines key expectations including revenue growth, adjusted EBITDA margins, insurance carrier trends, and competitive dynamics in online insurance shopping. Q4 earnings previews spotlight financial metrics and operational trends that moderately influence investor sentiment and stock performance.

15 Feb

3

Post-Q3 earnings, MediaAlpha (MAX) stock prompts buy, sell, or hold debate based on financial results, revenue growth, profitability outlook, and competitive position in insurance and ad tech sectors. Q3 earnings directly influence MediaAlpha's financial performance and short-term market sentiment without fundamentally altering long-term trajectory.

stockrow.com/MAX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com