Newsmax Inc. Class B (NMAX)
NYSE:NMAX
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NMAX Stock Chart & Stats
$6.95
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Market closed
$6.95
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Day’s Range― - ―
52-Week Range$5.11 - $23.29
Previous CloseN/A
VolumeN/A
Average Volume (3M)2.41M
Market Cap
$976.29M
Enterprise Value-$8.87T
Total Cash (Recent Filing)$129.10M
Total Debt (Recent Filing)$8.32M
Price to Earnings (P/E)―
Beta-0.57
Next Earnings
Aug 25, 2026EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.65
Shares Outstanding89,899,155
10 Day Avg. Volume1,262,831
30 Day Avg. Volume2,409,293
Financial Highlights & Ratios
PEG Ratio-0.33
Price to Book (P/B)9.41
Price to Sales (P/S)5.27
P/FCF Ratio-14.87
Enterprise Value/Market Cap-9.09K
Enterprise Value/Revenue-45.36K
Enterprise Value/Gross Profit-120.51K
Enterprise Value/Ebitda110.28K
Forecast
1Y Price Target
$18.50Price Target Upside166.19% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.11
Revenue Forecast (FY)$213.08M
Bulls Say, Bears Say
Bulls Say
Sustained Revenue GrowthConsistent top-line growth (14% YoY in Q1 and TTM increases) indicates the core broadcast audience expansion is translating into revenue. Durable revenue momentum supports scale economics, improves negotiating leverage with distributors, and underpins multi-quarter investment plans.
Affiliate & Licensing ExpansionLarge affiliate fee gains and a roughly 700% licensing increase reflect a structural shift toward higher-margin, recurring distribution and licensing income. International carriage and OTT/licensing growth diversify revenue away from volatile ad cycles and expand the addressable market over time.
Modest Reported LeverageLow reported leverage provides financial flexibility to fund programming, OTT build-out and international expansion without immediate refinancing pressure. Modest debt levels reduce near-term solvency risk while management executes on revenue growth initiatives.
Bears Say
Negative Cash GenerationPersistent negative operating and free cash flow shows the business is structurally consuming cash to fund content and distribution. Ongoing cash burn increases reliance on external funding or equity, limits strategic optionality and raises the risk of dilution or constrained investment pacing.
Deeply Negative ProfitabilitySustained deep net losses and negative margins despite revenue gains indicate the cost base is not yet scalable. Continued adjusted EBITDA and net losses constrain retained earnings, slow the path to self-funded growth, and make margin recovery essential for durable financial health.
Digital & Advertising Monetization PressureDeclines across digital, ad and subscription lines point to structural monetization challenges. Weaker digital ad and subscription trends reduce revenue diversification, heighten dependence on affiliate/licensing gains, and may limit margin upside if advertising budgets do not reaccelerate.
Newsmax Inc. Class B News
NMAX FAQ
What was Newsmax Inc. Class B’s price range in the past 12 months?
Newsmax Inc. Class B lowest stock price was $5.11 and its highest was $23.29 in the past 12 months.
What is Newsmax Inc. Class B’s market cap?
Newsmax Inc. Class B’s market cap is $976.29M.
When is Newsmax Inc. Class B’s upcoming earnings report date?
Newsmax Inc. Class B’s upcoming earnings report date is Aug 25, 2026 which is in 91 days.
How were Newsmax Inc. Class B’s earnings last quarter?
Newsmax Inc. Class B released its earnings results on May 14, 2026. The company reported -$0.02 earnings per share for the quarter, beating the consensus estimate of -$0.03 by $0.01.
Is Newsmax Inc. Class B overvalued?
According to Wall Street analysts Newsmax Inc. Class B’s price is currently Undervalued.
Does Newsmax Inc. Class B pay dividends?
Newsmax Inc. Class B does not currently pay dividends.
What is Newsmax Inc. Class B’s EPS estimate?
Newsmax Inc. Class B’s EPS estimate is -0.04.
How many shares outstanding does Newsmax Inc. Class B have?
Newsmax Inc. Class B has 89,899,155 shares outstanding.
What happened to Newsmax Inc. Class B’s price movement after its last earnings report?
Newsmax Inc. Class B reported an EPS of -$0.02 in its last earnings report, beating expectations of -$0.03. Following the earnings report the stock price went up 4.046%.
Which hedge fund is a major shareholder of Newsmax Inc. Class B?
Currently, no hedge funds are holding shares in NMAX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Newsmax Inc. Class B Stock Smart Score
Underperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$18.50 (166.19% Upside)
$18.50 (166.19% Upside)
Blogger Sentiment
Bearish
NMAX Sentiment 60%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 27.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-67.92%
12-Months-Change
Fundamentals
Return on Equity
>-0.01%
Trailing 12-Months
Asset Growth
-18.67%
Trailing 12-Months
Company Description
Newsmax Inc. Class B
Newsmax Inc., through its subsidiaries, operates as television broadcaster and multi-platform content publisher. It operates in two segments broadcasting and digital. The company produces and licenses news, business news, and lifestyle content comprising Newsmax and Newsmax2 that offers 24/7 television news and informational programming channel. It also provides online advertising, including online display, email advertising, other online placements, print advertisements, subscriptions, including our collection of specialized health and financial newsletters, Newsmax Magazine and four online membership programs, and (3) e-commerce, primarily through our subsidiaries that sell nutraceuticals and nonfiction books on political, financial and health-related topics. The company was founded in 1998 and is based in Boca Raton, Florida. Newsmax Inc. operates as a subsidiary of Christopher Ruddy Revocable Trust
NMAX Company Deck
NMAX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted strong top-line growth driven by broadcast/affiliate and licensing gains, meaningful audience and social media momentum, a large increase in licensing revenue, and improved net loss and liquidity. Offsetting these positives were declines in digital, advertising and subscription revenues, a small adjusted EBITDA loss, and higher content and operating costs. Management reiterated full-year revenue guidance and emphasized multi-platform growth and international expansion. Overall, the operational and audience trends appear encouraging, though near-term profitability and digital ad/subscription pressures remain areas to monitor.View all NMAX earnings summariesNMAX Stock 12 Month Forecast
Average Price Target
$18.50
▲(166.19% Upside)
Technical Analysis
Ownership Overview
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Insiders
1.02% Mutual Funds
26.00% Other Institutional Investors
70.81% Public Companies and
Individual Investors