Newsmax Inc. NMAX

10.87 (0.11) (1.00%) as of 25 Sep
Market cap
$1.4B
P/E
208×

Insider Decisions

Total sells 6.13
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — 2 6
Insider Ownership 48.77%

Capital & Financial Ratios

Market Cap 1,430.00
Revenue 203.29
Net Income (6.41)
Free Cash Flow (71.61)
Net Debt (128.30)
Current Ratio 2.39
Debt/Equity 0.00
P/E ratio 208.24
P/S ratio 6.87
P/B ratio 12.34
Past 5Y EPS Growth —
This Y EPS Growth 98.96%
Next Y EPS Growth 2,250.00%
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 7 82 131 128
Receivables 22 28 33 41
Inventory 4 2 2 2
Other — — 20 20
35 121 195 202
2023 2024 2025 Q'26
Payables 20 15 17 18
ST’ Debt — — — —
Other 7 77 33 35
52 123 81 85
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Revenue

Mar Jun Sep Dec Year
’26 52 54 — — —
’25 45 46 45 52 189
’24 41 39 44 48 171
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (3) 0 — — —
’25 (16) (23) (68) 3 (104)
’24 (3) (4) (14) (28) (49)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (3) (1) — — —
’25 (16) (24) (69) 2 (107)
’24 (3) (4) (14) (28) (50)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.02) 0.02 — — —
’25 (0.49) (0.59) (0.03) 0.08 (0.96)
’24 (1.23) (0.12) (0.24) (0.17) (1.76)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — — — — — 7.31

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — — — — — 265.00
High Price
— — — — — — — — 400 500
Employees
— — — — — — — 0 0 0
Revenue/Emp
— — — — — — — 135 171 189
Revenue
— — — — — — — 41.26% 45.61% 39.32%
Gross Margin
— — — — — — — (42) (72) (99)
EBT
— — — — — — — (30.87%) (42.20%) (52.57%)
EBT Margin
— — — — — — — (42) (72) (99)
Net Income
— — — — — — — 4 6 6
Depreciation
— — — — — — — 3.29 4.16 1.75
Revenue/Sh
— — — — — — — (1.02) (1.76) (0.96)
Earnings/Sh
— — — — — — — (0.09) (1.19) (0.97)
Cash Flow/Sh
— — — — — — — (0.02) (0.02) (0.02)
Capex/Sh
— — — — — — — (0.12) (1.21) (0.99)
Free CF/Sh
— — — — — — — (0.57) (0.22) 0.98
Book Value/Sh
— — — — — — — 41 41 108
Shares
— — — — — — — 0.00 0.00 0.00
PE Ratio
— — — — — — — 21.34 21.34 4.42
PS Ratio
— — — — — — — 21.14 21.14 7.89
PB Ratio
— — — — — — — 20.11 20.11 3.73
EV/Sales
— — — — — — — (56.93) (56.93) (6.58)
EV/FCF
— — — — — — — (4) (49) (104)
Op' Cash Flow
— — — — — — — (1) (1) (3)
Capex
— — — — — — — (5) (50) (107)
FCF
— — — — — — — (16) (1) 114
Working Cap'
— — — — — — — 0 0 0
Total Debt
— — — — — — — (7) (82) (131)
Net Debt
— — — — — — — (24) (9) 106
Sh' Equity
— — — — — — — 0.00% (73.66%) (53.98%)
ROA
— — — — — — — 0.00% 0.00% 0.00%
ROIC
— — — — — — — 0.00% 42.88% 176.04%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Newsmax Inc. peers in Broadcasting

Company Market cap P/E Compare
FUBO fuboTV Inc. $1.1B 0.0× Compare
SBGI Sinclair, Inc. $921.3M 16.8× Compare
GTN.A Gray Media Inc. $671.6M 0.0× Compare
GTN Gray Media Inc. $479.3M 0.0× Compare
Company Market cap P/E Compare
NXST Nexstar Media Group, Inc. $5.0B 30.0× Compare
IHRT iHeartMedia, Inc. $386.5M 0.0× Compare
SSP E.W. Scripps Company (The) $266.0M 0.0× Compare
CURI CuriosityStream Inc. $185.1M 310× Compare

All 17 Broadcasting stocks →

Newsmax Inc. (NMAX) key facts

  • Newsmax Inc. (NMAX) is a Broadcasting company in the Communication Services sector, listed on the New York Stock Exchange.
  • Newsmax Inc.’s revenue for fiscal 2025 (year ended December 2025) was $189.3 million, up 10.7% from fiscal 2024.
  • As of September 25, 2026, NMAX traded at $10.87, a market capitalization of $1.4 billion.
  • Return on equity was 176.0% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Newsmax Inc. (NMAX) Latest News

News by impact score

Fine-tune

24 Sep

3

Newsmax CEO Chris Ruddy is pressing the Justice Department to block Fox Corp's planned $22 billion acquisition of Roku, using White House access to intensify a regulatory fight with a larger rival. Federal antitrust regulators have broadened their review of the deal’s impact on streaming competition after outreach from Ruddy and allied supporters. Newsmax has also refiled antitrust claims against Fox, alleging exclusionary distribution deals aimed at suppressing smaller conservative competitors on streaming platforms. Fox rejects the allegations as unfounded and politically motivated. The expanded DOJ review could delay the transaction, heightening regulatory risk for Fox while highlighting Ruddy’s strategy of leveraging political ties to challenge bigger players. Previously unsuccessful attempts to derail big media deals, including Nexstar-Tegna, still inform the debate, and Ruddy’s access to President Trump keeps the pressure salient. Regulatory scrutiny surrounding a major deal could affect competitive dynamics and Newsmax's political leverage, but direct financial impact on Newsmax remains uncertain.

20 Aug

4 transcript

Newsmax (NMAX) Q2 2026 earnings call transcript released. Earnings call transcripts reveal financial performance and future outlook directly impacting market valuation.

16 Aug

3

Newsmax reports first profit and signs AI deal, raising possibility of new growth phase for NMAX. First profit combined with AI deal may improve financial results and add technological capability.

14 Aug

4

Newsmax Inc. (NMAX) stock surges sharply today. Stock surge signals major positive catalysts likely to shift company trajectory and sentiment.

4 transcript

Newsmax Inc reported its first profitable quarter in Q2 2026 with record results. First profitable quarter and record results indicate major positive shift in financial performance.

3 transcript

Newsmax Inc. issued Q2 2026 earnings call summary covering financial results and outlook. Quarterly earnings data and guidance can shift near-term stock valuation and sentiment.

3 transcript

Newsmax Inc. (NMAX) held its Q2 earnings call, covering financial results, revenue figures, and operational updates. Q2 earnings details may sway near-term investor views on performance without signaling major strategic changes.

13 Aug

3

Newsmax Inc. (NMAX) announced its second quarter 2026 financial results. Quarterly earnings release provides financial performance data that can moderately shift investor views and near-term stock movement.

10 Aug

3

NMAX missed Q2 earnings estimates due to higher costs while revenues beat projections. Earnings miss from elevated costs may pressure near-term profitability despite revenue outperformance.

5 Aug

4

Newsmax Inc. (NMAX) beat Q2 earnings and revenue estimates and issued a strong outlook for Q3. Q2 beat combined with upbeat Q3 guidance signals material improvement in financial results and investor sentiment.

1 Aug

4

Newsmax partners with Meta in a move expected to speed its path to profitability and lift NMAX stock performance. Meta partnership represents a major strategic move that can materially improve Newsmax profitability and shift its market trajectory.

28 Jul

4

Newsmax enters AI content partnership with Meta. AI partnership with Meta delivers major strategic boost to Newsmax content reach and capabilities.

2 Jun

4

Newsmax forecasts $25 million in international revenue as global expansion accelerates. Projected $25 million international revenue from accelerating global expansion signals major growth opportunity.

4

Newsmax Inc. projects substantial revenue increases from international operations. Projected international revenue expansion will drive higher earnings and shift company growth trajectory.

27 May

3 transcript

Newsmax (NMAX) released its Q4 2025 earnings transcript covering financial results, revenue figures, and executive commentary on operations and outlook. Quarterly earnings transcripts disclose performance metrics that moderately shift near-term investor views and trading activity.

15 May

4

Newsmax Inc. (NMAX) reported revenue growth in Q1 2026 earnings call, navigating persistent digital challenges. Revenue growth in Q1 2026 signals significant positive financial momentum despite digital headwinds, likely boosting investor sentiment and stock trajectory.

3 transcript

Newsmax Inc. conducted its Q1 2026 earnings call, presenting revenue, earnings metrics, operational updates and forward guidance to investors. Quarterly earnings calls deliver financial data and outlook that typically produce moderate short-term stock movement without guaranteeing structural change.

3

Newsmax Inc. highlighted Q1 earnings call with revenue up 15% year-over-year to $30 million, driven by ad sales and subscriber growth; net loss narrowed to $2 million; management raised full-year guidance citing strong viewership and new partnerships. Q1 financial results and raised guidance signal moderate improvements in performance but remain constrained by ongoing losses and market competition.

14 May

4

Newsmax Inc. (NMAX) announced first quarter 2026 financial results. Q1 2026 earnings disclosure significantly impacts Newsmax's financial performance and investor sentiment.

7 May

4

Newsmax Inc. (NMAX) audience surged in April, hitting record growth levels. Record audience surge enhances Newsmax's advertising revenue potential and investor sentiment.

6 Apr

3

Newsmax Inc. (NMAX) stock plunged 12.3% last month amid weak ad revenue and subscriber growth concerns but is soaring in April on improved ratings, political momentum, and analyst upgrades. Monthly stock drop and April rebound reflect shifting market sentiment tied to operational metrics like ad revenue and ratings, with moderate potential to influence near-term performance.

27 Mar

4

Newsmax Inc. Q4 2025 earnings call summary details financial results, operational updates, and future guidance for the media company. Q4 earnings call summaries disclose financial performance and strategic outlook, significantly impacting investor sentiment and market trajectory.

26 Mar

4

Newsmax Inc. (NMAX) shared Q4 earnings call highlights, detailing financial performance, revenue growth, and future outlook amid competitive media landscape. Q4 earnings highlights disclose financial results and strategic plans directly influencing NMAX's market trajectory and investor confidence.

4

Newsmax Inc. (NMAX) announced fourth quarter and fiscal year 2025 financial results. Quarterly and annual earnings announcements directly impact stock price, investor sentiment, and future valuation.

4

Siebert Financial and Newsmax Inc. expand strategic partnership with new financial programming and national advertising campaign. Partnership expansion adds financial programming and national ads, significantly boosting Newsmax revenue and visibility.

18 Mar

5

Swarmer's IPO for Newsmax Inc. (NMAX) surged 520% on debut, ranking among the top IPO performances and signaling strong investor enthusiasm. 520% IPO surge ranks among top debuts, profoundly redefining NMAX's market valuation and long-term investor prospects.

27 Feb

4

Newsmax Inc. attracted over 4 million viewers for its State of the Union coverage, marking a breakout performance that outperformed expectations and highlighted growing audience appeal. Breakout viewership exceeding 4 million signals strong audience growth and competitive momentum for Newsmax, likely boosting ad revenue prospects and stock sentiment.

25 Feb

3

CBMJ announces launch of 'Conservative Playbook' podcast, expanding Patriot.TV's high-growth media portfolio ahead of midterms. Podcast launch expands conservative media offerings ahead of elections, moderately boosting growth and competitive positioning.

5 Jan

3

Newsmax Inc. (NMAX) has experienced significant share price volatility recently, prompting analysts to reassess its valuation. Factors contributing to this volatility include changes in market sentiment, competitive pressures, and potential regulatory challenges. Investors are closely monitoring these developments as they could influence the company's financial performance and strategic direction moving forward. Volatility in share price and market sentiment may moderately influence Newsmax's financial performance and competitive positioning.

30 Dec

3

Three stocks are predicted to outperform Newsmax Inc. (NMAX) over the next five years, suggesting potential shifts in market dynamics and investor sentiment. The analysis highlights factors that could contribute to the growth of these alternative stocks compared to Newsmax, which may face challenges in maintaining its current valuation. The prediction of alternative stocks outperforming Newsmax indicates a moderately noticeable influence on its competitive positioning and market performance.

stockrow.com/NMAX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com