The Zacks Analyst Blog MediaAlpha, Braze, Byrna Technologies, The Real Brokerage and Klaviyo
MediaAlphaMediaAlpha(US:MAX) ZACKS·2024-11-14 10:35

Industry Overview - The technology services industry is experiencing strong demand, with revenues, income, and cash flows expected to gradually return to pre-pandemic levels, contributing to stable dividends for industry players [2][4] - The industry has seen a significant rally, with a 76.4% increase over the past year and a 53.8% surge year-to-date, ranking within the top 26% of Zacks Ranked Industries, indicating potential for continued outperformance in the next three to six months [6] Company Highlights MediaAlpha Inc. (MAX) - MediaAlpha operates an insurance customer acquisition platform, optimizing customer acquisition across various insurance verticals [8] - The average short-term price target indicates a potential increase of 95.6% from the last closing price of $12.47, with a maximum upside of 148.6% [9] - Expected revenue and earnings growth rate for the current year is over 100%, with a 20% improvement in the Zacks Consensus Estimate for current-year earnings in the last 30 days [10] Braze Inc. (BRZE) - Braze provides a customer engagement platform that enhances interactions between consumers and brands, operating in multiple global locations [11] - The average short-term price target suggests a 53.6% increase from the last closing price of $35.70, with a maximum upside of 110.1% [12] - Expected revenue and earnings growth rates are 23.9% and over 100%, respectively, for the current year, with significant improvements in earnings estimates over the last 90 days [13] Byrna Technologies Inc. (BYRN) - Byrna Technologies specializes in less-lethal self-defense technology, offering products for both consumers and professional security markets [14][15] - The average short-term price target indicates a 24.4% increase from the last closing price of $18.38, with a maximum upside of 36% [16] - Expected revenue and earnings growth rates are 18.8% and 17.7%, respectively, for the next year, with an 11.1% improvement in earnings estimates over the last 60 days [17] The Real Brokerage Inc. (REAX) - The Real Brokerage operates as a real estate technology company, providing brokerage, title, and mortgage broker services across North America [18] - The average short-term price target suggests a 34.2% increase from the last closing price of $5.51, with a maximum upside of 56.9% [19] - Expected revenue and earnings growth rates are 76.2% and 0.1%, respectively, for the current year, with a 16.7% improvement in earnings estimates in the last seven days [20] Klaviyo Inc. (KVYO) - Klaviyo offers a software-as-a-service platform for data storage, segmentation, and marketing communications, operating globally [21][22] - The average short-term price target indicates a 13.3% increase from the last closing price of $36.53, with a maximum upside of 28.7% [23] - Expected revenue and earnings growth rates are 32.2% and 36.1%, respectively, for the current year, with a 2.1% improvement in earnings estimates in the last 30 days [24]