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Added to YB: 2025-12-30

Pitch date: 2025-11-12

MAX [bullish]

MediaAlpha, Inc.

-2.67%

current return

Author Info

Cedar Street Research delivers unique insights by leveraging an unconventional approach to financial analysis, combining the power of historical trends with bespoke data in order to uncover deep, actionable predictions about the future. We specialize in insurance companies, but extend our services to banks and specialty finance firms as well. Sign up for the newsletter.

Company Info

MediaAlpha, Inc., through its subsidiaries, operates an insurance customer acquisition platform in the United States.

Market Cap

$721.7M

Pitch Price

$13.13

Price Target

N/A

Dividend

N/A

EV/EBITDA

9.10

P/E

-132.05

EV/Sales

0.71

Sector

Interactive Media and Services

Category

turnaround

Show full summary:
MediaAlpha, Inc.: A Natural Hedge Against a Soft Rate Cycle in the Auto Insurance Market

MAX: Digital ad marketplace for auto insurance entering soft market cycle (5-7yr avg duration vs 2-3yr hard cycles). P&C revenue +45% growth forecast as carriers resume ad spend after tariff uncertainty. Trading 7.3x TEV/EBITDA, 15.6x P/E vs peers at premium. $120M adj EBITDA, strong FCF, 5% buyback.

Read full article (7 min)