MediaAlpha (MAX) to Release Earnings on Wednesday

MediaAlpha (NYSE:MAX - Get Free Report) will likely be announcing its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.35 per share and revenue of $236.07 million for the quarter. MediaAlpha has set its Q1 2025 guidance at EPS.

MediaAlpha (NYSE:MAX - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.16). The company had revenue of $300.65 million during the quarter, compared to analyst estimates of $289.38 million. MediaAlpha had a net margin of 1.41% and a negative return on equity of 11.98%. On average, analysts expect MediaAlpha to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

MediaAlpha Stock Up 7.1 %

Shares of NYSE:MAX opened at $8.04 on Wednesday. MediaAlpha has a 52-week low of $7.33 and a 52-week high of $25.78. The stock has a market cap of $538.59 million, a P/E ratio of 47.26 and a beta of 1.11. The business has a fifty day moving average of $9.20 and a two-hundred day moving average of $11.82.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MAX. Canaccord Genuity Group decreased their target price on shares of MediaAlpha from $30.00 to $26.00 and set a "buy" rating on the stock in a report on Monday, February 24th. BMO Capital Markets lowered their price objective on MediaAlpha from $27.00 to $23.00 and set an "outperform" rating for the company in a research report on Thursday, April 3rd. Royal Bank of Canada reissued an "outperform" rating and set a $20.00 target price on shares of MediaAlpha in a research note on Tuesday, February 25th. The Goldman Sachs Group decreased their price target on MediaAlpha from $14.00 to $12.50 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Keefe, Bruyette & Woods cut 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. One investment 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 presently has an average rating of "Moderate Buy" and a consensus target price of $17.21.

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.

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