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MediaAlpha, Inc. (MAX)

Communication Services | Internet Content & Information | Los Angeles, United States | NYSE
12.85 USD +0.28 (2.228%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 12.85

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:38 a.m. EDT

The investment case for MediaAlpha is currently broken by a severe multi-year price collapse and a complete lack of shareholder returns. Despite a recent 100% surge in 2024, the stock has since erased nearly 40% of those gains, leaving it down roughly 54% from its 2021 peak. This structural deterioration, combined with a trailing run of negative annual returns, signals that the market has lost faith in the company's ability to sustain growth. The balance sheet is fragile, carrying debt significantly higher than its cash reserves, which creates a looming liquidity risk. Furthermore, insiders, including the CEO and directors, have been aggressively selling shares, a stark contrast to the behavior of confident management teams. With no dividend to provide income and a technical structure that is still correcting lower, this is a speculative trap rather than a value opportunity.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.244503
AutoARIMA0.245356
AutoETS0.246101
AutoTheta0.258175

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 34%
H-stat 29.25
Ljung-Box p 0.000
Jarque-Bera p 0.087
Excess Kurtosis -1.18
Attribute Value
Sector Communication Services
Revenue per Share 21.986
Market Cap 680,737,920
Trailing P/E 7.74
Forward P/E 7.68
Beta 1.17
Profit Margins 7.94%
Website https://www.mediaalpha.com

As of Aug. 22, 2026, 4:38 a.m. EDT: Speculators are positioning for a significant downside move, evidenced by heavy open interest in deep out-of-the-money puts (strikes 2.5, 5.0, 10.0) relative to calls. While there is some call volume at higher strikes (17.5), the overwhelming put weight suggests a 'crash' scenario or a bet on a failed recovery rather than a steady rally. Implied volatility is elevated on these deep strikes, indicating fear of a sharp drop.


Info Dump

Attribute Value
52 Week Change 0.19423795
Address1 700 South Flower Street
Address2 Suite 640
All Time High 70.333
All Time Low 5.08
Ask 13.0
Ask Size 100
Audit Risk 10
Average Analyst Rating 2.0 - Buy
Average Daily Volume10 Day 595,470
Average Daily Volume3 Month 834,977
Average Volume 834,977
Average Volume10Days 595,470
Beta 1.165
Bid 10.5
Bid Size 600
Board Risk 6
Book Value 0.536
City Los Angeles
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 7
Country United States
Crypto Tradeable 0
Currency USD
Current Price 12.85
Current Ratio 1.288
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 12.92
Day Low 12.635
Display Name MediaAlpha
Earnings Call Timestamp End 1,785,358,800
Earnings Call Timestamp Start 1,785,358,800
Earnings Timestamp 1,785,355,200
Earnings Timestamp End 1,793,217,600
Earnings Timestamp Start 1,793,217,600
Ebitda 87,105,000
Ebitda Margins 0.07113
Enterprise To Ebitda 9.188
Enterprise To Revenue 0.654
Enterprise Value 800,342,912
Eps Current Year 1.50141
Eps Forward 1.67262
Eps Trailing Twelve Months 1.66
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 12.9466
Fifty Day Average Change -0.09659958
Fifty Day Average Change Percent -0.007461386
Fifty Two Week Change Percent 19.423794
Fifty Two Week High 14.7
Fifty Two Week High Change -1.8499994
Fifty Two Week High Change Percent -0.1258503
Fifty Two Week Low 7.09
Fifty Two Week Low Change 5.76
Fifty Two Week Low Change Percent 0.81241184
Fifty Two Week Range 7.09 - 14.7
Financial Currency USD
First Trade Date Milliseconds 1,603,891,800,000
Float Shares 42,724,911
Forward Eps 1.67262
Forward P E 7.682558
Free Cashflow 24,804,624
Full Exchange Name NYSE
Full Time Employees 147
Fullday Change 0.280001
Fullday Change Percent 2.22753
Fullday Price 12.85
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.14706999
Gross Profits 180,090,000
Has Pre Post Market Data 1
Held Percent Insiders 0.42200002
Held Percent Institutions 0.63035
Implied Shares Outstanding 52,975,711
Industry Internet Content & Information
Industry Disp Internet Content & Information
Industry Key internet-content-information
Ipo Expected Date 2,020-10-28
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary MediaAlpha, Inc., through its subsidiaries, operates an insurance customer acquisition platform in the United States. Its technology platform offers end customer acquisition for insurance carriers, agents, distributors, and other clients in a range of verticals, including property and casualty insurance, health insurance, and life insurance. The company was founded in 2014 and is headquartered in Los Angeles, California.
Long Name MediaAlpha, Inc.
Market us_market
Market Cap 680,737,920
Market State CLOSED
Max Age 86,400
Message Board Id finmb_304028580
Most Recent Quarter 1,782,777,600
Net Income To Common 97,218,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 770,235,687
Number Of Analyst Opinions 7
Open 12.57
Operating Cashflow 57,206,000
Operating Margins 0.06352
Overall Risk 7
Payout Ratio 0.0
Phone 213 316 6256
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 12.85
Post Market Time 1,787,960,522
Previous Close 12.57
Price Eps Current Year 8.558621
Price Hint 2
Price To Book 23.97388
Price To Sales Trailing12 Months 0.5559096
Profit Margins 0.079390004
Quick Ratio 1.242
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.0
Region US
Regular Market Change 0.280001
Regular Market Change Percent 2.22753
Regular Market Day High 12.92
Regular Market Day Low 12.635
Regular Market Day Range 12.635 - 12.92
Regular Market Open 12.57
Regular Market Previous Close 12.57
Regular Market Price 12.85
Regular Market Time 1,787,947,202
Regular Market Volume 322,450
Return On Assets 0.17406
Revenue Growth 0.259
Revenue Per Share 21.986
Sand P52 Week Change 0.20204377
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Share Holder Rights Risk 5
Shares Outstanding 52,975,711
Shares Percent Shares Out 0.0468
Shares Short 2,866,591
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 2,714,948
Short Name MediaAlpha, Inc.
Short Percent Of Float 0.0949
Short Ratio 2.87
Source Interval 15
State CA
Symbol MAX
Target High Price 19.0
Target Low Price 11.0
Target Mean Price 15.42857
Target Median Price 15.0
Total Cash 23,745,000
Total Cash Per Share 0.448
Total Debt 176,710,000
Total Revenue 1,224,547,968
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 1.66
Trailing P E 7.7409644
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.95255
Two Hundred Day Average Change 1.8974504
Two Hundred Day Average Change Percent 0.1732428
Type Disp Equity
Volume 322,450
Website https://www.mediaalpha.com
Zip 90,017