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Newsmax Inc. Class B ( (NMAX) ) has provided an update.
On August 21, 2025, Newsmax Inc. appointed David Gandler, CEO of FuboTV, to its Board of Directors. Gandler’s experience in the streaming and media industries is expected to enhance Newsmax’s strategic direction, especially as it expands its global reach through its streaming service, Newsmax+. His appointment is seen as a move to leverage his entrepreneurial success to attract new audiences and accelerate growth in the evolving media landscape.
The most recent analyst rating on (NMAX) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Newsmax Inc. Class B stock, see the NMAX Stock Forecast page.
Spark’s Take on NMAX Stock
According to Spark, TipRanks’ AI Analyst, NMAX is a Neutral.
Newsmax Inc. faces significant financial challenges with negative equity and cash flow issues, impacting its overall score. While technical analysis shows mixed signals, the recent board appointment and optimistic revenue guidance provide some positive outlook.
To see Spark’s full report on NMAX stock, click here.
More about Newsmax Inc. Class B
Newsmax Inc. is a prominent news outlet listed on the NYSE under the ticker NMAX. It operates through Newsmax Broadcasting LLC and is recognized as one of the nation’s leading news networks, reaching over 40 million Americans through various platforms, including Newsmax TV, the Newsmax App, and Newsmax.com. The company is known for its high ratings and significant social media presence, with 20 million followers across its accounts.
Average Trading Volume: 1,116,437
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.67B
See more data about NMAX stock on TipRanks’ Stock Analysis page.