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Model output · Signal date 2026-11-06

Mediaalpha, Inc. (MAX) Stock Forecast Nov. 6, 2026

Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE

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Rating · 90D Unlock rating and forecasts
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage of 5150 stocks scored
Rank correlation · 90D 23.0% Spearman, 357 dates
Market Cap $736M small-cap · #55 of 60 peers
Summary

Mediaalpha, Inc. (MAX) stock forecast summary

Our AI scores Mediaalpha, Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.

Mediaalpha, Inc. is a small-cap company with a market capitalization of $736M. It ranks number 55 by market capitalization among the 60 Services-Business Services, NEC issuers in our coverage with a current forecast.

For MAX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 23.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 35.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, MAX included.

Price

MAX price chart and AI forecast

MAX
Cross-section · 2026-11-06

How MAX ranks among 5150 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-09-30

Mediaalpha, Inc. (MAX) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Services-Business Services, NEC peers listed below that report each metric.

Valuation & Market

MetricMAXIndustry medianRank
Market Cap $736M $6.66B 55/60
P/E Ratio 24.49x 26.93x 26/44
P/B Ratio 14.33x 3.73x 6/47
EPS $0.59 – –
Book Value/Share $1.01 – –
Revenue/Share $25.42 – –
FCF/Share $1.06 – –

Profitability & Margins

MetricMAXIndustry medianRank
ROIC 41.3% 15.7% 8/45
Gross Margin 14.8% 47.5% 38/42
Operating Margin 7.2% 9.3% 32/51
EBT Margin 0.7% 9.4% 41/53
Tax Rate -1278.0% – –

The effective tax rate is outside the normal band, which points to a large non-recurring tax item in the trailing twelve months; headline net income, net margin and P/E are affected by it.

Financial Health

MetricMAXIndustry medianRank
Current Ratio 1.32x 1.32x 28/56
D/E Ratio 6.87x 1.52x 8/52
Financial Leverage 7.25x 2.54x 8/48
Interest Coverage 10.4x 5.1x 18/49
Working Capital $47M $316M 46/56

Cash Flow

MetricMAXIndustry medianRank
Operating Cash Flow $55M $498M 48/54
Free Cash Flow $54M $474M 40/45
Capital Spending -$980K -$55M 2/45
OCF Growth YoY -37.0% 14.5% 43/46
FCF Growth YoY -37.9% 11.8% 36/40
FCF/Sales 4.2% 15.9% 40/45
CapEx/Sales 0.1% 1.5% 44/45

Operational Efficiency

MetricMAXIndustry medianRank
Asset Turnover 3.48x 0.78x 1/42
Receivables Turnover 7.8x 6.8x 18/42
Days Sales Outstanding 47 days 54 days 25/42
Payables Period 40 days 26 days 9/36

Income Statement

MetricMAXIndustry medianRank
Total Revenue $1.29B $3.91B 38/48
Operating Income $94M $349M 34/52
R&D Expense $23M $371M 26/26
SG&A Expense $169M $841M 38/43
Cost of Goods Sold $1.10B $1.25B 25/43

Dividend & Shareholder Information

MetricMAXIndustry medianRank
Shares Outstanding 51M – –
EPS Growth 47.5% 29.8% 14/38

Balance Sheet Highlights (USD millions)

Total Current Assets$193M47.7% of assets
Cash & Short-term Investments$19M4.6% of assets
Accounts Receivable$167M41.3% of assets
Total Liabilities$352M87.3% of assets
Short-term Debt$24M5.9% of assets
Quarterly Financial Reports

MAX quarterly financials and insider trading

Industry Peers · Services-Business Services, NEC

Mediaalpha, Inc. (MAX) industry peers

Companies classified under the same SEC industry code as Mediaalpha, Inc. (Services-Business Services, NEC): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
MAX Mediaalpha, Inc. $736M 24.5x 14.3x
V Visa Inc. $775.82B 33.0x 21.5x
MA Mastercard Inc $568.62B 34.1x 84.2x
BABA Alibaba Group Holding Ltd $253.85B 77.0x 1.7x
ACN Accenture Plc $174.28B 19.2x 5.5x
UBER Uber Technologies, Inc $140.49B 28.5x 5.1x
PDD Pdd Holdings Inc. $120.37B – 28.8x
DASH Doordash, Inc. $78.33B 90.3x 7.3x
MELI Mercadolibre Inc $76.55B 40.5x 9.3x
RELX Relx Plc $73.07B 7.7x –
EBAY Ebay Inc $53.54B 26.7x 12.1x
PYPL Paypal Holdings, Inc. $49.21B 11.3x 2.5x
MSCI Msci Inc. $45.83B 33.9x –
FISV Fiserv Inc $33.36B – 1.2x
CPAY Corpay, Inc. $29.89B 25.1x 9.1x
TCOM Trip.Com Group Ltd $29.06B 14.8x 12.3x
GPN Global Payments Inc $25.77B – 1.1x
BR Broadridge Financial Solutions, Inc. $21.71B 21.1x 8.3x
KSPI Joint Stock Co Kaspi.Kz $17.44B – –
RBA Rb Global Inc. $17.32B 42.1x 3.1x
FICO Fair Isaac Corp $15.28B 20.4x –
FIS Fidelity National Information Services, Inc. $14.82B 4.8x 0.9x
GRAB Grab Holdings Ltd $13.95B – –
CART Maplebear Inc. $13.45B 27.2x 5.2x
CSGP Costar Group, Inc. $12.29B 113.2x 1.5x
AKAM Akamai Technologies Inc $11.94B 31.0x 2.3x
WSE Wise Group Plc $11.42B – –
HQY Healthequity, Inc. $8.56B 40.4x 4.3x
ETSY Etsy Inc $7.75B 11.1x –
ANDG Andersen Group Inc. $7.34B – –
Z Zillow Group, Inc. $6.81B – 1.6x
EXLS Exlservice Holdings, Inc. $6.51B 26.5x 7.0x
LYFT Lyft, Inc. $6.47B 2.6x –
XMTR Xometry, Inc. $6.25B – –
WEX Wex Inc. $5.91B 15.5x 5.1x
MBGL Mobility Global Inc. $5.86B – 0.6x
AMTM Amentum Holdings, Inc. $5.20B 42.5x 1.1x
SEZL Sezzle Inc. $5.03B 28.7x 18.1x
RELY Remitly Global, Inc. $4.56B 12.5x 3.7x
PAY Paymentus Holdings, Inc. $4.22B 56.7x 6.6x
DLO Dlocal Ltd $3.96B – –
MMS Maximus, Inc. $3.43B 8.8x 2.0x
FOUR Shift4 Payments, Inc. $3.38B 29.3x 11.3x
TNET Trinet Group, Inc. $3.05B 17.9x 23.0x
CBZ Cbiz, Inc. $3.03B 305.5x 1.6x
PAYO Payoneer Global Inc. $2.42B 37.6x 3.6x
TIC Tic Solutions, Inc. $2.26B – 1.1x
CNXC Concentrix Corp $1.85B – 1.1x
LQDT Liquidity Services Inc $1.37B 45.5x 5.8x
NUTX Nutex Health Inc. $1.36B 6.6x 3.1x
RDWR Radware Ltd $1.30B 1508.9x 3.7x
QNST Quinstreet, Inc $1.18B 12.8x 3.4x
RSKD Riskified Ltd. $1.13B – 3.8x
PAYS Paysign, Inc. $809M 65.1x 13.4x
PHR Phreesia, Inc. $783M 210.3x 3.0x
CASS Cass Information Systems Inc $694M 18.7x 3.1x
PRTH Priority Technology Holdings, Inc. $650M 16.4x –
RMNI Rimini Street, Inc. $484M 12.1x –
ADV Advantage Solutions Inc. $405M – 1.1x
RPAY Repay Holdings Corp $395M – 0.8x

Where MAX sits on the market map

Trade & Services · Services-Business Services, NEC
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News

Mediaalpha, Inc. (MAX) stock news

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FAQ

Mediaalpha, Inc. (MAX) stock forecast FAQ

What is the Mediaalpha, Inc. (MAX) stock forecast?

Our AI scores Mediaalpha, Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.

How accurate are Mediaalpha, Inc. stock predictions?

For MAX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 23.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 35.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Mediaalpha, Inc. forecasts updated?

Mediaalpha, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.

Which companies are Mediaalpha, Inc.'s industry peers?

60 issuers in our coverage, MAX included, share the SEC industry code Services-Business Services, NEC. The largest are: Visa Inc. (V), Mastercard Inc (MA), Alibaba Group Holding Ltd (BABA), Accenture Plc (ACN), Uber Technologies, Inc (UBER), Pdd Holdings Inc. (PDD).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.