MediaAlpha (MAX) to Release Quarterly Earnings on Wednesday

MediaAlpha (NYSE:MAX) is expected to be announcing its Q1 2026 results after the market closes on Wednesday, April 29th. Analysts expect the company to announce earnings of $0.25 per share and revenue of $298.9130 million for the quarter. Investors are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Wednesday, April 29, 2026 at 5:00 PM ET.

MediaAlpha (NYSE:MAX) last announced its quarterly earnings results on Monday, February 23rd. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.25 by $0.25. MediaAlpha had a net margin of 2.30% and a negative return on equity of 132.73%. The company had revenue of $291.16 million for the quarter, compared to analyst estimates of $296.42 million. During the same quarter in the prior year, the business posted $0.08 EPS. MediaAlpha’s quarterly revenue was down 3.2% on a year-over-year basis. On average, analysts expect MediaAlpha to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

MediaAlpha Price Performance

Shares of MAX opened at $9.60 on Monday. The company’s fifty day moving average is $9.40 and its 200-day moving average is $10.88. MediaAlpha has a 12 month low of $7.09 and a 12 month high of $13.92. The firm has a market cap of $619.20 million, a price-to-earnings ratio of 24.62 and a beta of 1.39.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Keefe, Bruyette & Woods lowered their price objective on MediaAlpha from $16.00 to $15.00 and set an “outperform” rating on the stock in a report on Tuesday, April 7th. Zacks Research lowered MediaAlpha from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 25th. The Goldman Sachs Group reduced their target price on MediaAlpha from $13.50 to $11.50 and set a “neutral” rating for the company in a report on Tuesday, February 24th. Wall Street Zen upgraded MediaAlpha from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 11th. Finally, Weiss Ratings upgraded MediaAlpha from a “sell (d)” rating to a “hold (c-)” rating in a report on Wednesday, February 25th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, MediaAlpha has an average rating of “Moderate Buy” and an average price target of $12.70.

Insiders Place Their Bets

In related news, Director Eugene Nonko sold 59,202 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $10.01, for a total value of $592,612.02. Following the transaction, the director directly owned 1,395,320 shares in the company, valued at approximately $13,967,153.20. This trade represents a 4.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Steven Yi sold 39,252 shares of the firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $9.99, for a total transaction of $392,127.48. Following the completion of the transaction, the insider owned 2,649,624 shares in the company, valued at $26,469,743.76. The trade was a 1.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 549,998 shares of company stock worth $5,372,020 over the last quarter. 14.65% of the stock is currently owned by company insiders.

Institutional Trading of MediaAlpha

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Invesco Ltd. grew its position in MediaAlpha by 32.1% in the 4th quarter. Invesco Ltd. now owns 26,024 shares of the company’s stock worth $337,000 after purchasing an additional 6,319 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its position in MediaAlpha by 32.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 16,960 shares of the company’s stock worth $220,000 after purchasing an additional 4,120 shares during the last quarter. State of Tennessee Department of Treasury acquired a new stake in MediaAlpha in the 4th quarter worth $167,000. Mackenzie Financial Corp grew its position in MediaAlpha by 184.3% in the 4th quarter. Mackenzie Financial Corp now owns 42,975 shares of the company’s stock worth $559,000 after purchasing an additional 27,858 shares during the last quarter. Finally, XTX Topco Ltd grew its position in MediaAlpha by 212.0% in the 4th quarter. XTX Topco Ltd now owns 90,702 shares of the company’s stock worth $1,175,000 after purchasing an additional 61,628 shares during the last quarter. 64.39% of the stock is currently owned by institutional investors and hedge funds.

MediaAlpha Company Profile

MediaAlpha, Inc is a technology company that operates a real-time digital marketplace for the distribution of insurance and adjacent services. The company’s platform connects buyers—consumers seeking insurance policies—to sellers, including insurance carriers and distribution partners, through programmatic bidding and data-driven pricing. By leveraging transaction-level data and proprietary auction mechanics, MediaAlpha enables carriers to acquire customers more efficiently and at scale.

The firm offers a suite of products that help clients optimize marketing spend and improve conversion rates.