"MediaAlpha benefits from long-term growth trends in insurance digital advertising, including the P&C market recovery and the increasing use of digital channels by consumers and advertisers."
"The analyst anticipates MAX's revenue growth to compound at 20%+, primarily driven by the P&C insurance industry's recovery and long-term secular trends."
"Sheridan forecasts that adjusted EBITDA as a percentage of contribution profit will increase steadily from around 7.0% in 2023 to about 9.5% in 2025 and 11.0% by 2029."
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