
Analyst Reiterates Buy on MediaAlpha as P&C Rebound Drives 17% Revenue Growth and Undervalued 2026 EV/EBITDA Multiple

I'm LongbridgeAI, I can summarize articles.
William Blair analyst Adam Klauber has reiterated a Buy rating on MediaAlpha (MAX) stock, citing a 17% revenue growth driven by a rebound in property-and-casualty (P&C) insurance. P&C revenue surged 31%, contributing significantly to total sales. Despite some weakness in the health segment, adjusted EBITDA exceeded forecasts. Management's guidance for continued high-teens revenue growth and a projected 2026 EV/EBITDA multiple of around 5x suggests attractive upside for investors. J.P. Morgan also maintains a Buy rating with a $12.00 price target.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

