Newsmax Inc. Class B (NMAX)
NYSE:NMAX
NMAX Stock Chart & Stats
$5.90
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Market closed
$5.90
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Day’s Range― - ―
52-Week Range$5.11 - $30.97
Previous CloseN/A
VolumeN/A
Average Volume (3M)863.33K
Market Cap
$761.86M
Enterprise Value-$11.08T
Total Cash (Recent Filing)$20.43T
Total Debt (Recent Filing)$9.36T
Price to Earnings (P/E)―
Beta-0.96
Next Earnings
May 14, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.03
Shares Outstanding89,889,824
10 Day Avg. Volume1,181,160
30 Day Avg. Volume863,326
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-14.54K
Enterprise Value/Revenue-58.54K
Enterprise Value/Gross Profit-154.64K
Enterprise Value/Ebitda116.76K
Forecast
1Y Price Target
$18.50Price Target Upside213.56% 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 Revenue Growth And Audience ScaleConsistent, double-digit broadcast revenue growth and large linear audience provide a durable core revenue base tied to advertising and carriage fees. Strong ratings and reach support pricing power with advertisers and distributors and underpin longer-term monetization beyond digital cycles.
Improved Liquidity With No Net DebtA sizable cash and investment position and zero reported debt give the company financial flexibility to fund programming, distribution expansion, or absorb shocks. This liquidity reduces short-term refinancing risk and supports strategic investments that can drive durable revenue growth.
Structural FY2026 Revenue Guidance And Distribution ExpansionGuidance that emphasizes affiliate fee repricing, expanded carriage and licensing indicates structural revenue drivers rather than one-off election ad surges. If execution holds, affiliate and licensing upsides can convert audience scale into more recurring, higher‑margin revenue over multiple years.
Bears Say
Widening Net Loss And EBITDA DeteriorationA large FY2025 net loss and negative adjusted EBITDA reduce retained capital and limit reinvestment capacity. The magnitude—largely from a significant legal settlement plus higher operating costs—creates a higher bar for management to translate revenue growth into sustainable, positive profitability.
Persistent Poor Cash Generation And Negative Free Cash FlowMulti-year negative operating and free cash flow mean the business has historically consumed cash despite revenue gains. This undermines self-funded growth, increases reliance on external financing or asset sales, and raises risk that revenue growth won’t translate into sustainable cash returns.
Balance-sheet Volatility And Prior Negative EquityLarge swings in reported equity and debt suggest recapitalizations or one-time adjustments, creating uncertainty about solvency stability. Such volatility can constrain counterparties, increase financing costs, and signal structural balance‑sheet risk until multi-period consistency is demonstrated.
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 $30.97 in the past 12 months.
What is Newsmax Inc. Class B’s market cap?
Newsmax Inc. Class B’s market cap is $761.86M.
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 33 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 89,889,824 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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$18.50 (213.56% Upside)
$18.50 (213.56% Upside)
Blogger Sentiment
Bearish
NMAX Sentiment 80%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 10.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.5%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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
▲(213.56% Upside)
Technical Analysis
Ownership Overview
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Insiders
0.42% Mutual Funds
26.09% Other Institutional Investors
71.21% Public Companies and
Individual Investors