MediaAlpha, Inc. (NYSE:MAX) just released its quarterly report and things are looking bullish. It was overall a positive result, with revenues beating expectations by 4.7% to hit US$259m. MediaAlpha also reported a statutory profit of US$0.17, which was an impressive 40% above what the analysts had forecast. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

See our latest analysis for MediaAlpha

After the latest results, the seven analysts covering MediaAlpha are now predicting revenues of US$1.02b in 2025. If met, this would reflect a huge 50% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 206% to US$0.54. Before this earnings report, the analysts had been forecasting revenues of US$964.7m and earnings per share (EPS) of US$0.50 in 2025. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.

Despite these upgrades,the analysts have not made any major changes to their price target of US$24.86, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on MediaAlpha, with the most bullish analyst valuing it at US$31.00 and the most bearish at US$13.00 per share. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. One thing stands out from these estimates, which is that MediaAlpha is forecast to grow faster in the future than it has in the past, with revenues expected to display 39% annualised growth until the end of 2025. If achieved, this would be a much better result than the 2.4% annual decline over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in the industry are forecast to see their revenue grow 11% per year. So it looks like MediaAlpha is expected to grow faster than its competitors, at least for a while.