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 - $27.49
Previous CloseN/A
VolumeN/A
Average Volume (3M)835.39K
Market Cap
$823.90M
Enterprise Value-$11.08T
Total Cash (Recent Filing)$20.43T
Total Debt (Recent Filing)$9.36T
Price to Earnings (P/E)―
Beta-0.56
Next Earnings
May 14, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding89,899,155
10 Day Avg. Volume747,576
30 Day Avg. Volume835,393
Financial Highlights & Ratios
PEG Ratio-0.33
Price to Book (P/B)<0.01
Price to Sales (P/S)5.27
P/FCF Ratio-14.87
Enterprise Value/Market Cap-13.45K
Enterprise Value/Revenue-58.54K
Enterprise Value/Gross Profit-154.64K
Enterprise Value/Ebitda116.76K
Forecast
1Y Price Target
$18.50Price Target Upside166.19% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.05
Revenue Forecast (FY)$213.05M
Bulls Say, Bears Say
Bulls Say
Broadcasting Scale And Audience ReachConsistent growth in broadcast revenue and a large, sticky audience increase the firm's long-term monetization power. Broad viewership supports sustained advertising demand, stronger affiliate leverage in carriage talks, and predictable linear ad inventory that underpins durable cash flows over the medium term.
Strong Liquidity Position And No DebtA sizable cash and investment balance with no debt provides strategic flexibility to fund programming, weather cyclical ad shortfalls, and absorb one-time legal hits without immediate refinancing. This balance-sheet cushion materially reduces refinancing and solvency risk over the next 2–6 months.
Structural FY2026 Revenue Guidance Driven By Affiliate FeesManagement projects sustainable top-line growth tied to affiliate-fee repricing and expanded distribution, not solely cyclical political ads. If execution holds, structural revenue expansion can enable operating leverage, improving margin prospects as fixed costs are absorbed over a larger revenue base.
Bears Say
Large FY2025 Net Loss And Legal ChargeA near-$100M net loss and a material legal settlement highlight persistent profitability deficits and operational risk. Large, potentially episodic charges can erode retained capital and management bandwidth, complicating sustainable margin improvement and increasing the chance of future costly disputes or settlements.
Poor Historical Cash GenerationMulti-year negative operating and free cash flows indicate the business has historically consumed cash despite revenue growth. Weak cash conversion limits the company's ability to self-fund content and distribution investments, increasing reliance on financing or equity and raising execution risk for growth plans.
Balance Sheet Inconsistency And Prior Negative EquityVolatile capital structure and prior negative equity signal past solvency stress and potential recapitalizations. Sudden swings in reported equity and debt raise questions about recurring financing needs, dilution risk, and the durability of the current liquidity position if revenue or margins falter.
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 $27.49 in the past 12 months.
What is Newsmax Inc. Class B’s market cap?
Newsmax Inc. Class B’s market cap is $823.90M.
When is Newsmax Inc. Class B’s upcoming earnings report date?
Newsmax Inc. Class B’s upcoming earnings report date is May 14, 2026 which is in 11 days.
How were Newsmax Inc. Class B’s earnings last quarter?
Newsmax Inc. Class B released its earnings results on Mar 26, 2026. The company reported -$0.025 earnings per share for the quarter, beating the consensus estimate of -$0.09 by $0.065.
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 for its next earnings report is not yet available.
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 -$0.025 in its last earnings report, beating expectations of -$0.09. Following the earnings report the stock price went down -1.672%.
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
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 Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call highlighted solid top-line momentum driven by broadcasting, advertising and affiliate fee growth, expanded distribution (domestic and international), improved liquidity and a positive FY2026 revenue outlook (~13% growth at midpoint). However, meaningful near-term obstacles remain: a widened FY2025 net loss (-$99.5M), negative adjusted EBITDA, a large one-time legal settlement (~$78.6M), digital revenue declines and slower-than-desired Newsmax+ subscription traction. Management plans continued investment in programming and expects operating leverage and reduced legal/transition costs to improve profitability in 2026. Overall, positives around audience growth, distribution and guidance are balanced by substantial profitability and execution headwinds.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
0.26% Other Institutional Investors
96.54% Public Companies and
Individual Investors