MediaAlpha (MAX) to Release Earnings on Wednesday

MediaAlpha (NYSE:MAX) is anticipated to post its Q1 2025 earnings results after the market closes on Wednesday, April 30th. Analysts expect MediaAlpha to post 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) 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). MediaAlpha had a net margin of 1.41% and a negative return on equity of 11.98%. The business had revenue of $300.65 million during the quarter, compared to analysts’ expectations of $289.38 million. On average, analysts expect MediaAlpha to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

MediaAlpha Stock Down 1.1 %

MAX opened at $8.38 on Monday. The company has a 50 day moving average of $8.96 and a two-hundred day moving average of $11.60. MediaAlpha has a 52-week low of $7.33 and a 52-week high of $25.78. The company has a market cap of $561.71 million, a P/E ratio of 49.29 and a beta of 1.11.

Analyst Upgrades and Downgrades

Several research analysts have commented on MAX shares. JPMorgan Chase & Co. cut their price objective on MediaAlpha from $13.00 to $10.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 22nd. Royal Bank of Canada restated an “outperform” rating and issued a $20.00 price target on shares of MediaAlpha in a report on Tuesday, February 25th. BMO Capital Markets reduced their target price on shares of MediaAlpha from $27.00 to $23.00 and set an “outperform” rating on the stock in a research report on Thursday, April 3rd. The Goldman Sachs Group lowered their price target on shares of MediaAlpha from $14.00 to $12.50 and set a “buy” rating for the company in a report on Monday, April 14th. Finally, Canaccord Genuity Group cut their price objective 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. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average 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.