MediaAlpha, Inc., through its subsidiaries, operates insurance customer acquisition platform in the United States. Its real-time customer acquisition and predictive analytics platform allows insurance carriers, distributors, and other clients to acquire customers and optimize 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. MediaAlpha, Inc. operates as a subsidiary of White Mountains Insurance Group, Ltd.
IPO Year: 2020
Exchange: NYSE
Website: mediaalpha.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/20/2024 | $20.00 | Buy | Goldman |
| 6/26/2024 | $19.00 → $13.00 | Buy → Hold | TD Cowen |
| 2/26/2024 | $9.00 → $28.00 | Market Perform → Outperform | BMO Capital Markets |
| 1/10/2024 | $15.00 | Outperform | TD Cowen |
| 8/4/2023 | $7.00 → $8.00 | Neutral → Sell | Citigroup |
| 1/20/2023 | $10.00 | Market Perform | BMO Capital Markets |
| 12/20/2022 | $12.00 → $14.00 | Neutral → Overweight | JP Morgan |
| 3/10/2022 | $24.00 → $18.00 | Outperform | RBC Capital |
| 2/23/2022 | $24.00 → $14.00 | Buy → Neutral | Citigroup |
| 12/20/2021 | $25.00 → $24.00 | Buy | Citigroup |
Revenue of $259 million, up 247% year over yearTransaction Value of $452 million, up 314% year over year Transaction Value from Property & Casualty up 766% year over year to $387 millionTransaction Value from Health up 9% year over year to $56 million LOS ANGELES, Oct. 30, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced its financial results for the third quarter ended September 30, 2024. "Our third-quarter performance was excellent, as we achieved record results across all key metrics." said MediaAlpha co-founder and CEO Steve Yi. "Our P&C insurance vertical once again exceeded our expectations as select carriers increasingly leveraged our marketplace to drive gro
LOS ANGELES, Oct. 10, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced that it will release third quarter 2024 financial results on Wednesday, October 30, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the call will be available on MediaAlpha's Investor Relations website at https://investors.mediaalpha.com. To register for the webcast, click here. Participants may also dial in, toll-free at (800) 715-9871 or (646) 307-1963, with passcode 2616289. An audio replay of the conference call will be available for two weeks following the cal
LOS ANGELES and CAMBRIDGE, Mass., Sept. 04, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), the insurance industry's leading programmatic customer acquisition platform, and Insurify, Inc., America's leading virtual insurance agent, today announced that they have extended their publishing partnership with a new multi-year agreement. Under this partnership, MediaAlpha's robust technology platform connects leading auto and home insurance carriers with Insurify's high-intent shoppers. "As the auto insurance market continues its strong recovery, we are excited to help Insurify rapidly scale to meet the growing demand from carriers transitioning to digital direct-to-consumer distribution
LOS ANGELES, Aug. 29, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), the insurance industry's leading programmatic customer acquisition platform, today announced that Co-Founder and CEO Steve Yi and Chief Financial Officer Pat Thompson will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference in San Francisco on Thursday, September 12th at 10:10am PT. A live webcast of the presentation will be available on MediaAlpha's Investor Relations website at https://investors.mediaalpha.com. A replay of the event will be available shortly following the conference. About MediaAlpha MediaAlpha is the insurance industry's leading programmatic cu
LOS ANGELES, Aug. 07, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced that Co-Founder and CEO Steve Yi will participate in a fireside chat at Canaccord Genuity's 44th Annual Growth Conference in Boston, MA on Tuesday, August 13th at 3:30pm ET. A live webcast of the presentation will be available on MediaAlpha's Investor Relations website at https://investors.mediaalpha.com. A replay of the event will be available shortly following the conference. Contacts InvestorsDenise GarciaHayflower [email protected]
Revenue of $178 million, up 110% year over yearTransaction Value of $322 million, up 156% year over year Transaction Value from Property & Casualty up 320% year over year to $255 millionTransaction Value from Health up 9% year over year to $55 million LOS ANGELES, July 31, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced its financial results for the second quarter ended June 30, 2024. "We had an outstanding second quarter, underscoring the strength of our business model and solid execution. Our quarterly performance was the strongest in our history, with Transaction Value and Adjusted EBITDA reaching record levels," said MediaAlpha co-founder and CEO Steve Yi
LOS ANGELES, July 16, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced that it will release second quarter 2024 financial results on Wednesday, July 31, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the call will be available on MediaAlpha's Investor Relations website at https://investors.mediaalpha.com. To register for the webcast, click here. Participants may also dial in, toll-free at (800) 715-9871 or (646) 307-1963, with passcode 3956918. An audio replay of the conference call will be available for two weeks following the call at
LOS ANGELES, May 10, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. ("MediaAlpha") (NYSE:MAX) today announced the closing of the previously announced underwritten secondary public offering of 7,590,000 shares of its Class A common stock by certain selling stockholders affiliated with White Mountains Insurance Group and Insignia Capital Group (the "Selling Stockholders") at an offering price of $19.00 per share (before discounts and commissions), which included 990,000 shares of Class A common stock sold pursuant to the option granted by the Selling Stockholders to the underwriters. MediaAlpha did not sell any shares of Class A common stock in and did not receive any proceeds from the offering.
LOS ANGELES, May 09, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX) today announced that management will present at the following upcoming investor conferences: 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference at the Westin Boston Seaport District on Wednesday, May 22nd, 2024 at 11:20 a.m. Eastern Time; and44th Annual William Blair Growth Stock Conference at the Loews Chicago Hotel on Wednesday, June 5th, 2024 at 11:20 a.m. Central Time. Each presentation will be webcast live and archived for a limited time on MediaAlpha's investor relations website at https://investors.mediaalpha.com. Contacts: InvestorsDenise GarciaHayflower PartnersDenise@Hayflowe
LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. ("MediaAlpha") (NYSE:MAX) today announced the pricing of the previously announced underwritten secondary public offering of 6,600,000 shares of its Class A common stock by certain selling stockholders affiliated with White Mountains Insurance Group and Insignia Capital Group (the "Selling Stockholders") at an offering price of $19.00 per share (before discounts and commissions). The offering is expected to close on May 10, 2024 subject to customary closing conditions. The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 990,000 shares of common stock at the offering price,
- Experienced Finance Executive Joins the Company from Expedia Group - MediaAlpha, Inc. (NYSE:MAX), today announced the appointment of Patrick Thompson as Chief Financial Officer, effective December 6, 2021. Bringing significant finance executive experience in various roles with Expedia Group, Mr. Thompson will oversee finance, accounting and corporate development for the Company. Over his 11 years with Expedia, Mr. Thompson has led finance organizations responsible for billions of dollars of annual revenue and spend and thousands of employees across a series of roles with increasing responsibility, including corporate development, strategy, analytics, financial planning and analysis, pro
SC 13D/A - MediaAlpha, Inc. (0001818383) (Subject)
SC 13G/A - MediaAlpha, Inc. (0001818383) (Subject)
SC 13D/A - MediaAlpha, Inc. (0001818383) (Subject)
SC 13D/A - MediaAlpha, Inc. (0001818383) (Subject)
SC 13G/A - MediaAlpha, Inc. (0001818383) (Subject)
SC 13G/A - MediaAlpha, Inc. (0001818383) (Subject)
SC 13D/A - MediaAlpha, Inc. (0001818383) (Subject)
SC 13D - MediaAlpha, Inc. (0001818383) (Subject)
SC 13G/A - MediaAlpha, Inc. (0001818383) (Subject)
SC 13G/A - MediaAlpha, Inc. (0001818383) (Subject)
Goldman initiated coverage of MediaAlpha with a rating of Buy and set a new price target of $20.00
TD Cowen downgraded MediaAlpha from Buy to Hold and set a new price target of $13.00 from $19.00 previously
BMO Capital Markets upgraded MediaAlpha from Market Perform to Outperform and set a new price target of $28.00 from $9.00 previously
TD Cowen initiated coverage of MediaAlpha with a rating of Outperform and set a new price target of $15.00
Citigroup downgraded MediaAlpha from Neutral to Sell and set a new price target of $8.00 from $7.00 previously
BMO Capital Markets initiated coverage of MediaAlpha with a rating of Market Perform and set a new price target of $10.00
JP Morgan upgraded MediaAlpha from Neutral to Overweight and set a new price target of $14.00 from $12.00 previously
RBC Capital reiterated coverage of MediaAlpha with a rating of Outperform and set a new price target of $18.00 from $24.00 previously
Citigroup downgraded MediaAlpha from Buy to Neutral and set a new price target of $14.00 from $24.00 previously
Citigroup reiterated coverage of MediaAlpha with a rating of Buy and set a new price target of $24.00 from $25.00 previously
4 - MediaAlpha, Inc. (0001818383) (Issuer)
4 - MediaAlpha, Inc. (0001818383) (Issuer)
4 - MediaAlpha, Inc. (0001818383) (Issuer)
4 - MediaAlpha, Inc. (0001818383) (Issuer)
4 - MediaAlpha, Inc. (0001818383) (Issuer)
4 - MediaAlpha, Inc. (0001818383) (Issuer)
4 - MediaAlpha, Inc. (0001818383) (Issuer)
4 - MediaAlpha, Inc. (0001818383) (Issuer)
4 - MediaAlpha, Inc. (0001818383) (Issuer)
4 - MediaAlpha, Inc. (0001818383) (Issuer)
8-K - MediaAlpha, Inc. (0001818383) (Filer)
S-8 - MediaAlpha, Inc. (0001818383) (Filer)
10-Q - MediaAlpha, Inc. (0001818383) (Filer)
8-K - MediaAlpha, Inc. (0001818383) (Filer)
8-K - MediaAlpha, Inc. (0001818383) (Filer)
8-K - MediaAlpha, Inc. (0001818383) (Filer)
424B4 - MediaAlpha, Inc. (0001818383) (Filer)
10-Q - MediaAlpha, Inc. (0001818383) (Filer)
8-K - MediaAlpha, Inc. (0001818383) (Filer)
DEFA14A - MediaAlpha, Inc. (0001818383) (Filer)
The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Orange SA (NYSE:ORAN) On April 17, JP Morgan analyst Akhil Dattani reinstated Orange with an Overweight rating. Th
TD Cowen analyst Andrew Kligerman downgrades MediaAlpha (NYSE:MAX) from Buy to Hold and lowers the price target from $19 to $13.
https://wolfpackresearch.com/research/max/
RBC Capital analyst Ben Hendrix maintains MediaAlpha (NYSE:MAX) with a Outperform and raises the price target from $18 to $23.
Keefe, Bruyette & Woods analyst Thomas McJoynt-Griffith reiterates MediaAlpha (NYSE:MAX) with a Outperform and raises the price target from $19 to $25.
Revenue of $259 million, up 247% year over yearTransaction Value of $452 million, up 314% year over year Transaction Value from Property & Casualty up 766% year over year to $387 millionTransaction Value from Health up 9% year over year to $56 million LOS ANGELES, Oct. 30, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced its financial results for the third quarter ended September 30, 2024. "Our third-quarter performance was excellent, as we achieved record results across all key metrics." said MediaAlpha co-founder and CEO Steve Yi. "Our P&C insurance vertical once again exceeded our expectations as select carriers increasingly leveraged our marketplace to drive gro
LOS ANGELES, Oct. 10, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced that it will release third quarter 2024 financial results on Wednesday, October 30, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the call will be available on MediaAlpha's Investor Relations website at https://investors.mediaalpha.com. To register for the webcast, click here. Participants may also dial in, toll-free at (800) 715-9871 or (646) 307-1963, with passcode 2616289. An audio replay of the conference call will be available for two weeks following the cal
Revenue of $178 million, up 110% year over yearTransaction Value of $322 million, up 156% year over year Transaction Value from Property & Casualty up 320% year over year to $255 millionTransaction Value from Health up 9% year over year to $55 million LOS ANGELES, July 31, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced its financial results for the second quarter ended June 30, 2024. "We had an outstanding second quarter, underscoring the strength of our business model and solid execution. Our quarterly performance was the strongest in our history, with Transaction Value and Adjusted EBITDA reaching record levels," said MediaAlpha co-founder and CEO Steve Yi
LOS ANGELES, July 16, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced that it will release second quarter 2024 financial results on Wednesday, July 31, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the call will be available on MediaAlpha's Investor Relations website at https://investors.mediaalpha.com. To register for the webcast, click here. Participants may also dial in, toll-free at (800) 715-9871 or (646) 307-1963, with passcode 3956918. An audio replay of the conference call will be available for two weeks following the call at
Revenue of $127 million, up 13% year over yearTransaction Value of $219 million, up 13% year over year Transaction Value from Property & Casualty up 15% year over year to $135 millionTransaction Value from Health up 16% year over year to $69 million LOS ANGELES, May 01, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced its financial results for the first quarter ended March 31, 2024. "We had a great start to 2024. Our first quarter results exceeded expectations across all key financial metrics, driven primarily by robust growth in our Property & Casualty (P&C) vertical," said MediaAlpha co-founder and CEO Steve Yi. "With the auto insurance industry rebounding from a
LOS ANGELES, April 10, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced that it will release first quarter 2024 financial results on Wednesday, May 1, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the call will be available on MediaAlpha's Investor Relations website at https://investors.mediaalpha.com. To register for the webcast, click here. Participants may also dial in, toll-free at (800) 715-9871 or (646) 307-1963, with passcode 3028544. An audio replay of the conference call will be available for two weeks following the call at
Fourth quarter revenue of $117 million, down 6% year over year; Full year revenue of $388 million, down 15% year over yearFourth quarter Transaction Value of $165 million, down 2% year over year; Full year Transaction Value of $593 million, down 20% year over year Fourth quarter Transaction Value from Property & Casualty down 4% year over year to $54 million; Full year Transaction Value from Property & Casualty down 31% year over year to $278 millionFourth quarter Transaction Value from Health flat year over year at $98 million; Full year Transaction Value from Health up 3% year over year to $260 million LOS ANGELES, Feb. 20, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today an
LOS ANGELES, Jan. 31, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced that it will release fourth quarter and full year 2023 financial results on Tuesday, February 20, 2024 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the call will be available on MediaAlpha's Investor Relations website at https://investors.mediaalpha.com. To register for the webcast, click here. Participants may also dial in, toll-free at (800) 715-9871 or (646) 307-1963, with conference ID 3915762. An audio replay of the conference call will be available following
Revenue of $75 million, down 16% year over yearTransaction Value of $109 million, down 26% year over year Transaction Value from Property & Casualty down 46% year over year to $45 millionTransaction Value from Health up 11% year over year to $51 million LOS ANGELES, Nov. 01, 2023 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced its financial results for the third quarter ended September 30, 2023. "Our third quarter results reflected solid execution, as we grew Adjusted EBITDA year over year despite continued challenging market conditions in our property & casualty (P&C) insurance vertical," said Steve Yi, MediaAlpha CEO. "In the fourth quarter, we expect continued Adjust
LOS ANGELES, Oct. 12, 2023 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE:MAX), today announced that it will release third quarter 2023 financial results on Wednesday, November 1, 2023 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the call will be available on MediaAlpha's Investor Relations website at https://investors.mediaalpha.com. To register for the webcast, click here. Participants may also dial in, toll-free at (888) 330-2022 or (646) 960-0690, with passcode 3195092.An audio replay of the conference call will be available for two weeks following the call at