MediaAlpha: A Cheap Bet On The Insurance Advertising Recovery MediaAlpha is rated Buy, with a $12-1...

2026-10-05 05:07 UTC

MediaAlpha: A Cheap Bet On The Insurance Advertising Recovery MediaAlpha is rated Buy, with a $12-13 price target, reflecting strong growth and attractive valuation. Q2 revenue grew 26%, Q3 guidance was raised, and MAX targets $90-100M FCF in 2026. Risks include CFO turnover, insider selling, and insurance cycle volatility, but 6.1x 2026E EBITDA offers a compelling risk/reward.