Added to YB: 2026-06-18
Pitch date: 2026-06-16
MAX [bullish]
MediaAlpha, Inc.
Author Info
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Company Info
MediaAlpha, Inc., through its subsidiaries, operates an insurance customer acquisition platform in the United States.
Market Cap
$540.1M
Pitch Price
N/A
Price Target
30.00 (+200%)
Dividend
N/A
EV/EBITDA
7.75
P/E
16.69
EV/Sales
0.56
Sector
Interactive Media and Services
Category
growth
MediaAlpha, Inc. (NYSE: MAX) Buybacks, Growth and sub 10 PE Ratio with AI optionality
MAX: Largest programmatic insurance ad marketplace (3x nearest rival), $2.2B spend, 141M referrals 2025. Fell $21→$8.65, priced as cyclical lead-gen at 9-10x normalized 2026 EPS. Founder-led, bought back ~10% float, $90-100M FCF guide. Q1'26 rev $310M (+17%), EBITDA $31.4M. autoinsurance.net ChatGPT shopping = free AI option. Fair-PE 22 → ~50% annualized over 3yrs. Risk: P&C cyclicality, carrier concentration, disintermediation.
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