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MediaAlpha Inc has a consensus price target of $21.9 based on the ratings of 10 analysts. The high is $30 issued by Canaccord Genuity on May 2, 2024. The low is $8 issued by Citigroup on August 4, 2023. The 3 most-recent analyst ratings were released by Goldman Sachs, Keefe, Bruyette & Woods, and TD Cowen on August 20, 2024, August 1, 2024, and June 26, 2024, respectively. With an average price target of $19.67 between Goldman Sachs, Keefe, Bruyette & Woods, and TD Cowen, there's an implied 11.87% upside for MediaAlpha Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for MediaAlpha (NYSE:MAX) was reported by Goldman Sachs on August 20, 2024. The analyst firm set a price target for $20.00 expecting MAX to rise to within 12 months (a possible 13.77% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for MediaAlpha (NYSE:MAX) was provided by Goldman Sachs, and MediaAlpha initiated their buy rating.
The last upgrade for MediaAlpha Inc happened on February 26, 2024 when BMO Capital raised their price target to $28. BMO Capital previously had a market perform for MediaAlpha Inc.
The last downgrade for MediaAlpha Inc happened on June 26, 2024 when TD Cowen changed their price target from $19 to $13 for MediaAlpha Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MediaAlpha, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MediaAlpha was filed on August 20, 2024 so you should expect the next rating to be made available sometime around August 20, 2025.
While ratings are subjective and will change, the latest MediaAlpha (MAX) rating was a initiated with a price target of $0.00 to $20.00. The current price MediaAlpha (MAX) is trading at is $17.58, which is within the analyst’s predicted range.
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