MediaAlpha, Inc.(MAX)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #770 of 2,962 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
MAX Stock Analysis & AI Quality Score
Data updated 2026-09-11AI stock analysis and institutional research for MediaAlpha, Inc. (MAX), a Industrials sector company. 13F Pro's AI-powered ranking engine scores MAX at 61.6/100 on a 32-signal composite quality model, placing it at rank #770 of 2,962 stocks — the top half of the AI-ranked universe. MAX scores in the top quartile across balance sheet strength (98.5), revenue growth (95.0). Areas of concern include institutional flow (15.8) and earnings quality (27.4), which score below median versus the broader universe. Shareholder dilution risk is elevated at 34.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), MediaAlpha, Inc. reports quarterly revenue of $316.9M, net income of $39.4M, an operating margin of 6.3%. Top institutional holders of MAX by reported 13-F value include WHITE MOUNTAINS INSURANCE GROUP LTD, BlackRock, Clearline Capital, based on the most recent SEC filings. MAX trades on the NYSE exchange and files with the SEC under CIK 1818383. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate MAX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for MediaAlpha, Inc. directly from SEC EDGAR. MediaAlpha, Inc.'s 13F Pro composite quality score has ranged between 23 and 62 since 2021, currently 61.6 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.
Revenue
Q2 2026
$316.9M
Net Income
Q2 2026
$39.4M
Free Cash Flow
Q2 2026
$41.8M
Operating Margin
Q2 2026
6.3%
ROIC
Q2 2026
37.6%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProRevenue
+28.8% YoYNet Income
+54.1% YoYOperating Income
-48.2% YoYEPS (Diluted)
+25.8% YoYTotal Assets
+46.3% YoYTotal Debt
+2.3% YoYOp. Cash Flow
+43.0% YoYFree Cash Flow
+43.1% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.11B +28.8% | $864.7M +122.8% | $388.1M -15.4% | $459.1M -28.9% | $645.3M +10.3% | $584.8M |
| Net Income | $25.6M +54.1% | $16.6M +141.1% | $-40.4M +29.9% | $-57.7M -993.2% | $-5.3M -20.8% | $-4.4M |
| Operating Income | $22.1M -48.2% | $42.7M +207.0% | $-39.9M -12.8% | $-35.4M -1746.8% | $2.1M -89.0% | $19.5M |
| EPS (Diluted) | $0.39 +25.8% | $0.31 +134.8% | $-0.89 +35.0% | $-1.37 -621.1% | $-0.19 -35.7% | $-0.14 |
| Total Assets | $383.8M +46.3% | $262.4M +70.5% | $153.9M -9.5% | $170.1M -41.3% | $289.8M +37.8% | $210.3M |
| Total Debt | $175.2M +2.3% | $171.3M -8.0% | $186.2M -3.0% | $191.8M -1.9% | $195.5M +7.0% | $182.7M |
| Operating Cash Flow | $65.6M +43.0% | $45.9M +126.7% | $20.2M -28.4% | $28.3M -1.2% | $28.6M -44.3% | $51.4M |
| Free Cash Flow | $65.3M +43.1% | $45.6M +126.3% | $20.2M -28.5% | $28.2M +0.7% | $28.0M -45.3% | $51.1M |
Get alerted when MAX's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for MediaAlpha, Inc. including:
Top Institutional Holders of MAX
WHITE MOUNTAINS INSURANCE GROUP LTD
$224.5M17,856,614 shBlackRock, Inc.
$42.6M3,392,357 shClearline Capital LP
$34.1M2,713,890 shJPMORGAN CHASE & CO
$23.3M1,880,062 shVANGUARD CAPITAL MANAGEMENT LLC
$16.0M1,276,369 shGEODE CAPITAL MANAGEMENT, LLC
$13.4M1,068,308 shDivisadero Street Capital Management, LP
$12.8M1,019,988 shJACOBS LEVY EQUITY MANAGEMENT, INC
$12.2M971,232 shACADIAN ASSET MANAGEMENT LLC
$12.0M957,095 shJACOBS ASSET MANAGEMENT, LLC
$11.6M919,761 sh
| Fund | Value | Shares |
|---|---|---|
| WHITE MOUNTAINS INSURANCE GROUP LTD | $224.5M | 17,856,614 |
| BlackRock, Inc. | $42.6M | 3,392,357 |
| Clearline Capital LP | $34.1M | 2,713,890 |
| JPMORGAN CHASE & CO | $23.3M | 1,880,062 |
| VANGUARD CAPITAL MANAGEMENT LLC | $16.0M | 1,276,369 |
| GEODE CAPITAL MANAGEMENT, LLC | $13.4M | 1,068,308 |
| Divisadero Street Capital Management, LP | $12.8M | 1,019,988 |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $12.2M | 971,232 |
| ACADIAN ASSET MANAGEMENT LLC | $12.0M | 957,095 |
| JACOBS ASSET MANAGEMENT, LLC | $11.6M | 919,761 |
Companies Similar to MAX
Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.
GEO GROUP INC
QUINSTREET, INC
TRIMAS CORP
Blue Bird Corp
Paymentus Holdings, Inc.
Great Lakes Dredge & Dock CORP
KENNAMETAL INC
Lyft, Inc.
Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.
More Industrials Companies
View all Industrials →Put MAX on your watchlist
Track score changes the day MediaAlpha, Inc. files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is MAX a good stock to buy?
13F Pro's AI-powered analysis of MediaAlpha, Inc. (MAX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for MAX are available on the MAX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. MAX is classified as a small company.
Which hedge funds own MAX?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling MAX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of MediaAlpha, Inc.'s investment landscape.