MediaAlpha, Inc. (MAX)
NYSE: MAX · IEX Real-Time Price · USD
18.86
+0.45 (2.44%)
Apr 26, 2024, 4:00 PM EDT - Market closed

MediaAlpha Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for MediaAlpha stock have an average target of 17.83, with a low estimate of 8.00 and a high estimate of 28. The average target predicts a decrease of -5.46% from the current stock price of 18.86.

Analyst Consensus: Buy
Target Low Average Median High
Price $8.00 $17.83 $18 $28
Change -57.58% -5.46% -4.56% +48.46%
* Price targets were last updated on Feb 26, 2024.

Analyst Ratings

The average analyst rating for MediaAlpha stock from 6 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111111
Buy 333444
Hold 111000
Sell 000000
Strong Sell 111111
Total 666666

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BMO Capital
BMO Capital
Buy
Upgrades
$28
Buy Upgrades $28 +48.46% Feb 26, 2024
RBC Capital
RBC Capital
Buy
Maintains
$12$18
Buy Maintains $12$18 -4.56% Feb 21, 2024
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$18$22
Strong Buy Maintains $18$22 +16.65% Feb 21, 2024
TD Cowen
TD Cowen
Buy
Initiates
$15
Buy Initiates $15 -20.47% Jan 10, 2024
Citigroup
Citigroup
Strong Sell
Downgrades
$7$8
Strong Sell Downgrades $7$8 -57.58% Aug 4, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
501.02M
from 388.15M
Increased by 29.08%
Revenue Next Year
620.96M
from 501.02M
Increased by 23.94%
EPS This Year
-0.34
from -0.89
EPS Next Year
-0.16
from -0.34
Year 201920202021202220232024202520262027
Revenue
408.01M584.81M645.27M459.07M388.15M501.02M620.96M681.95M922.51M
Revenue Growth
37.42%43.34%10.34%-28.86%-15.45%29.08%23.94%9.82%35.28%
EPS
--0.14-0.19-1.37-0.89-0.34-0.160.020.89
EPS Growth
--------4,300.00%
No. Analysts -----8822
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 559.7M 767.6M 709.0M 959.0M
Avg 501.0M 621.0M 682.0M 922.5M
Low 460.7M 551.7M 661.7M 895.1M

Revenue Growth

Revenue Growth 2024202520262027
High
44.2%
53.2%
14.2%
40.6%
Avg
29.1%
23.9%
9.8%
35.3%
Low
18.7%
10.1%
6.6%
31.3%

EPS Forecast

EPS 2024202520262027
High -0.08 0.20 0.02 0.92
Avg -0.34 -0.16 0.02 0.89
Low -0.56 -0.43 0.02 0.86

EPS Growth

EPS Growth 2024202520262027
High - - -
4,474.3%
Avg - - -
4,300.0%
Low - - -
4,169.3%
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.