MediaAlpha to Report Q4 Earnings on February 23; Analysts Forecast Flat Revenue

MediaAlpha (NYSE: MAX) is scheduled to release its fourth-quarter financial results after the market closes on Monday, February 23, 2026. Analysts anticipate flat year-over-year revenue growth, a sharp deceleration from the 157% increase recorded in the prior-year quarter. The insurance customer acquisition platform enters the report following a 27.5% decline in its share price over the last month, underperforming the broader media and entertainment sector, which fell 6.2% on average. Despite recent volatility, analysts have largely reconfirmed estimates over the past 30 days, maintaining an average price target of $15.93 against the current trading price of $7.85. In the previous quarter, MediaAlpha beat revenue expectations with $306.5 million, representing an 18.3% year-over-year increase.