MediaAlpha, Inc. (MAX)
NYSE: MAX · IEX Real-Time Price · USD
14.18
+0.20 (1.43%)
At close: Jul 19, 2024, 4:00 PM
14.81
+0.63 (4.41%)
After-hours: Jul 20, 2024, 1:23 PM EDT
MediaAlpha Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for MediaAlpha stock have an average target of 22.43, with a low estimate of 8.00 and a high estimate of 30. The average target predicts an increase of 58.18% from the current stock price of 14.18.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MediaAlpha stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 4 | 5 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 6 | 6 | 6 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades $19 → $13 | Strong Buy → Hold | Downgrades | $19 → $13 | -8.32% | Jun 26, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $18 → $23 | Buy | Maintains | $18 → $23 | +62.20% | May 28, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $19 → $25 | Buy | Reiterates | $19 → $25 | +76.30% | May 15, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $25 → $30 | Strong Buy | Maintains | $25 → $30 | +111.57% | May 2, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $18 → $30 | Buy | Maintains | $18 → $30 | +111.57% | May 2, 2024 |
Financial Forecast
Revenue This Year
609.09M
from 388.15M
Increased by 56.92%
Revenue Next Year
749.98M
from 609.09M
Increased by 23.13%
EPS This Year
-0.01
from -0.89
EPS Next Year
0.21
from -0.01
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 678.7M | 862.1M | 889.1M | 905.6M |
| Avg | 609.1M | 750.0M | 822.7M | 871.1M |
| Low | 520.5M | 653.5M | 747.5M | 845.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 74.9% | 41.5% | 18.5% | 10.1% |
| Avg | 56.9% | 23.1% | 9.7% | 5.9% |
| Low | 34.1% | 7.3% | -0.3% | 2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.23 | 0.47 | 0.62 | 1.10 |
| Avg | -0.01 | 0.21 | 0.44 | 1.06 |
| Low | -0.56 | -0.39 | 0.21 | 1.03 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | - | 188.2% | 151.9% |
| Avg | - | - | 103.6% | 142.3% |
| Low | - | - | -4.3% | 135.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.