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Newsmax Inc

Newsmax Inc

NMAX
$8.36USD↓-1.76%-0.15 today

MARKET CAP

1.1B

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$8 – $9

52W RANGE

$5
$16

AI Summary

Stalk
Buy NowHigh

NMAX remains in a Stage 2 advancing regime underpinned by a clear Higher Highs & Higher Lows structure and supported by rising 9, 20 EMAs, and the 50 SMA. The pullback into these rising EMAs on contracting volume presents a favorable entry for the Speculative strategy, which targets momentum continuation while acknowledging moderate Stage 2 → 3 transition risk. Invalidation occurs on a decisive close below the 9 EMA, 20 EMA, and 50 SMA.

  • ↑Q1 2026 revenue grew 14% YoY to $51.7M; broadcast up 20.8%.
  • ↑Affiliate revenues surged 75.2% YoY, supporting 2026 guidance of $212–216M (+13%).
  • ↓Q1 net loss was $2.2M, improved 87% from prior year but still unprofitable.
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The case for & against

Bull & Bear analysis

Bullish

Newsmax Media, Inc. (NASDAQ: NMAX) is an emerging player in the multi-platform media industry, providing news coverage through cable, streaming, and digital formats while specifically targeting a right-leaning audience. The company capitalizes on current events and geopolitical dynamics to drive viewership, positioning itself as a trusted alternative to traditional news networks. With its ongoing investments in content and international expansion, Newsmax seeks to enhance its market presence and diversify revenue streams, adapting to the evolving landscape of media consumption.

Bull says

  • ↑Q1 2026 revenue grew 14% YoY to $51.7M; broadcast up 20.8%.
  • ↑Affiliate revenues surged 75.2% YoY, supporting 2026 guidance of $212–216M (+13%).
  • ↑Audience reach hit 30.4M total viewers, ranking second in cable news.
  • ↑High analyst revisions score signals rising earnings expectations.
  • ↑Pursuing international licensing to diversify revenue beyond U.S.
  • ↑Positive interest-rate and oil sensitivities could boost topline.

Bear says

  • ↓Q1 net loss was $2.2M, improved 87% from prior year but still unprofitable.
  • ↓Digital revenues fell 12.7% YoY to $8M due to ad and subscription drops.
  • ↓High stock volatility exposes investors to sharp price swings.
  • ↓Profitability risks persist with negative earnings yield and weak metrics.
  • ↓Elevated short interest indicates bearish sentiment and potential pressure.
  • ↓Heavy reliance on affiliate fee growth risks earnings if rates stall.

Investment themes with NMAX

Broadcasting (Advertising Driven)↑ +0.81%

NMAX · DIS · CMCSA

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-14-2026neutral

Transcript signals

Bull points

  • As Chris highlighted, we delivered a strong start to 2026 with solid revenue growth and continued expansion across our multi-platform expansion.
  • We continue to allocate capital towards programming, production, and OTT initiatives, supporting our strategic priorities around content, distribution, and international expansion.
  • This balanced approach positions us well to build on our momentum and deliver sustainable performance over time.

Bear points

  • Total digital revenues declined 12.7% year over year to $8 million in the first quarter of 2026. This decrease was driven by declines in advertising, subscription revenue, and product sales.
  • Advertising revenues decreased to $27.2 million, a 5.8% year over year decline, mainly due to lower digital advertising reflecting a tougher comparison following the elevated demand environment associated with the 2024 election cycle.
  • Subscription revenues of 6.4 million were down 7.9% year-over-year, as growth in Newsmax Plus subscribers was more than offset by lower publication subscription revenue, primarily reflecting reduced new customer acquisition.
Read full transcript analysis ›