Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest announcement is out from Newsmax Inc. Class B ( (NMAX) ).
On May 14, 2026, Newsmax Inc. reported first quarter 2026 results showing total revenue of $51.7 million, up 14.0% year over year, driven largely by a 20.8% increase in broadcasting revenue to $43.7 million from higher affiliate fees and expanded international licensing. The company maintained its position as the fourth highest-rated cable news channel, delivered 30.4 million total viewers and 13.3 million adults 35-64, and ended the quarter with $129.1 million in cash and short-term investments.
Despite the revenue growth, Newsmax posted a net loss of $2.2 million versus a $17.2 million loss a year earlier, as higher programming, production and OTT investments compressed adjusted EBITDA to a loss of $0.4 million. Management highlighted growing traction across Newsmax2, Newsmax+, social media and international markets, reaffirmed full-year 2026 revenue guidance of $212 million to $216 million, and emphasized continued investment in content and distribution to strengthen its multi-platform, center-right news ecosystem.
The most recent analyst rating on (NMAX) stock is a Buy with a $17.00 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.
The score is held back primarily by weak financial performance (persistent and widening losses, poor/uncertain cash generation, and balance sheet inconsistencies). Offsetting this, the earnings call provided solid FY2026 revenue growth guidance and improving cost headwinds, while technicals show positive momentum but with overbought risk. Valuation is constrained by loss-making earnings and no dividend yield.
To see Spark’s full report on NMAX stock, click here.
More about Newsmax Inc. Class B
Newsmax Inc., listed on the NYSE under the ticker NMAX, operates one of the nation’s leading cable news outlets through Newsmax Broadcasting LLC, with the Newsmax channel ranking as the fourth highest-rated cable news network. Its multi-platform media properties, including Newsmax TV, the Newsmax app, Newsmax.com and Newsmax Magazine, regularly reach more than 50 million Americans and over 25 million social media followers.
Recognized by the Reuters Institute as one of the top U.S. news brands and described by Forbes as a “news powerhouse,” Newsmax targets an under-served center-right audience segment in the evolving media landscape. The network is carried on all major pay TV providers and is increasingly focused on global expansion through international licensing and digital streaming offerings such as Newsmax+.
Average Trading Volume: 1,549,352
Technical Sentiment Signal: Strong Sell
Current Market Cap: $844.6M
Find detailed analytics on NMAX stock on TipRanks’ Stock Analysis page.