MediaAlpha (MAX) Projected to Announce Quarterly Earnings on Wednesday

MediaAlpha (NYSE:MAX) will likely be issuing its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect MediaAlpha to post earnings of $0.21 per share and revenue of $300.8730 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.

MediaAlpha (NYSE:MAX) last announced its earnings results on Wednesday, April 29th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.04). MediaAlpha had a negative return on equity of 147.82% and a net margin of 3.37%.The business had revenue of $310.00 million for the quarter, compared to the consensus estimate of $298.91 million. During the same quarter in the previous year, the company posted ($0.04) EPS. MediaAlpha’s revenue for the quarter was up 17.3% 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 Stock Down 0.7%

Shares of NYSE:MAX opened at $14.17 on Wednesday. The company’s 50-day moving average price is $10.74 and its two-hundred day moving average price is $10.10. MediaAlpha has a 12 month low of $7.09 and a 12 month high of $14.70. The firm has a market cap of $883.44 million, a P/E ratio of 22.14 and a beta of 1.08.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on MAX shares. Texas Capital raised shares of MediaAlpha to a “strong-buy” rating in a research note on Tuesday, June 9th. Keefe, Bruyette & Woods upped their price target on shares of MediaAlpha from $15.00 to $17.00 and gave the company an “outperform” rating in a research note on Wednesday, July 8th. Wall Street Zen raised shares of MediaAlpha from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Capital One Financial set a $11.00 price objective on shares of MediaAlpha in a research note on Tuesday, June 9th. Finally, TD Cowen reduced their price objective on MediaAlpha from $13.00 to $11.00 and set a “hold” rating on the stock in a research note on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $12.64.

Insider Activity at MediaAlpha

In related news, insider Steven Yi sold 96,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $12.90, for a total transaction of $1,238,400.00. Following the transaction, the insider owned 2,759,690 shares in the company, valued at $35,600,001. The trade was a 3.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Eugene Nonko sold 27,972 shares of MediaAlpha stock in a transaction on Monday, April 27th. The shares were sold at an average price of $10.04, for a total transaction of $280,838.88. Following the completion of the sale, the director directly owned 987,384 shares of the company’s stock, valued at approximately $9,913,335.36. This trade represents a 2.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 565,015 shares of company stock valued at $6,394,745. Company insiders own 14.65% of the company’s stock.

Institutional Trading of MediaAlpha

Large investors have recently made changes to their positions in the company. Millennium Management LLC increased its position in MediaAlpha by 680.9% in the 3rd quarter. Millennium Management LLC now owns 1,429,556 shares of the company’s stock valued at $16,268,000 after buying an additional 1,246,493 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in MediaAlpha by 29.2% in the fourth quarter. JPMorgan Chase & Co. now owns 1,367,896 shares of the company’s stock worth $17,714,000 after acquiring an additional 309,455 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in MediaAlpha by 10.6% in the fourth quarter. Renaissance Technologies LLC now owns 1,045,400 shares of the company’s stock worth $13,538,000 after acquiring an additional 100,300 shares in the last quarter. AQR Capital Management LLC boosted its holdings in MediaAlpha by 4.3% in the fourth quarter. AQR Capital Management LLC now owns 804,095 shares of the company’s stock worth $10,413,000 after acquiring an additional 33,416 shares in the last quarter. Finally, Shay Capital LLC grew its stake in MediaAlpha by 17.9% in the third quarter. Shay Capital LLC now owns 790,100 shares of the company’s stock valued at $8,991,000 after acquiring an additional 120,100 shares during the period. 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.