MediaAlpha (MAX) to Announce Earnings on Wednesday

MediaAlpha (NYSE:MAX) is expected to be issuing its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect the company to announce earnings of $0.21 per share and revenue of $300.8730 million for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 5:00 PM ET.

MediaAlpha (NYSE:MAX) last issued its quarterly 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 net margin of 3.37% and a negative return on equity of 147.82%. The firm had revenue of $310.00 million during the quarter, compared to analysts’ expectations of $298.91 million. During the same quarter last year, the company posted ($0.04) EPS. The firm’s revenue was up 17.3% compared to the same quarter last year. 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

NYSE MAX traded up $0.42 on Tuesday, hitting $13.99. 66,140 shares of the stock were exchanged, compared to its average volume of 770,835. The company’s 50-day moving average price is $11.15 and its two-hundred day moving average price is $10.14. MediaAlpha has a 52-week low of $7.09 and a 52-week high of $14.70. The company has a market capitalization of $872.28 million, a price-to-earnings ratio of 21.79 and a beta of 1.08.

Wall Street Analyst Weigh In

MAX has been the topic of a number of research analyst reports. Capital One Financial set a $11.00 price target on MediaAlpha in a report on Tuesday, June 9th. Wall Street Zen raised MediaAlpha from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. Keefe, Bruyette & Woods upped their target price on MediaAlpha from $15.00 to $17.00 and gave the company an “outperform” rating in a report on Wednesday, July 8th. JPMorgan Chase & Co. increased their price target on shares of MediaAlpha from $11.00 to $12.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Finally, Zacks Research downgraded shares of MediaAlpha from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $12.64.

Insider Activity at MediaAlpha

In other MediaAlpha news, Director Eugene Nonko sold 26,888 shares of MediaAlpha stock in a transaction that occurred on Wednesday, April 29th. The shares were sold at an average price of $10.01, for a total value of $269,148.88. Following the completion of the sale, the director directly owned 1,247,274 shares in the company, valued at $12,485,212.74. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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, insider Steven Yi sold 96,000 shares of the stock in a transaction on Wednesday, July 1st. The stock was 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 approximately $35,600,001. This trade represents a 3.36% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 ninety days, insiders have sold 462,149 shares of company stock worth $5,364,203. Insiders own 14.65% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MAX. Millennium Management LLC lifted its holdings in MediaAlpha by 680.9% in the 3rd quarter. Millennium Management LLC now owns 1,429,556 shares of the company’s stock worth $16,268,000 after purchasing an additional 1,246,493 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of MediaAlpha by 1,261.9% in the third quarter. Victory Capital Management Inc. now owns 710,819 shares of the company’s stock valued at $8,089,000 after purchasing an additional 658,625 shares during the period. Lazard Asset Management LLC bought a new position in shares of MediaAlpha in the second quarter valued at approximately $4,268,000. Lighthouse Investment Partners LLC lifted its stake in shares of MediaAlpha by 831.7% in the third quarter. Lighthouse Investment Partners LLC now owns 353,930 shares of the company’s stock worth $4,028,000 after buying an additional 315,943 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of MediaAlpha by 29.2% during the 4th quarter. JPMorgan Chase & Co. now owns 1,367,896 shares of the company’s stock worth $17,714,000 after buying an additional 309,455 shares during the period. Institutional investors and hedge funds own 64.39% of the company’s stock.

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.