FY2026 EPS Estimates for Newsmax Lifted by Noble Financial

Newsmax Inc. (NYSE:NMAX) – Analysts at Noble Financial increased their FY2026 earnings per share estimates for Newsmax in a research note issued on Friday, May 15th. Noble Financial analyst M. Kupinski now forecasts that the company will post earnings of ($0.16) per share for the year, up from their prior estimate of ($0.19). The consensus estimate for Newsmax’s current full-year earnings is ($0.19) per share.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Newsmax in a research report on Friday, March 27th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Newsmax currently has an average rating of “Hold” and a consensus target price of $21.50.

Newsmax Trading Up 0.4%

NMAX stock opened at $7.23 on Tuesday. The stock has a 50-day moving average price of $6.48 and a two-hundred day moving average price of $7.31. Newsmax has a 12-month low of $5.11 and a 12-month high of $27.49. The company has a market cap of $933.17 million, a PE ratio of -6.23 and a beta of 2.25.

Newsmax (NYSE:NMAX) last posted its quarterly earnings results on Thursday, March 26th. The company reported $0.04 earnings per share (EPS) for the quarter. Newsmax had a negative return on equity of 81.14% and a negative net margin of 43.17%.The firm had revenue of $52.24 million during the quarter.

Institutional Investors Weigh In On Newsmax

Several institutional investors and hedge funds have recently modified their holdings of the stock. Foundations Investment Advisors LLC boosted its position in shares of Newsmax by 15.1% in the fourth quarter. Foundations Investment Advisors LLC now owns 13,048 shares of the company’s stock worth $101,000 after buying an additional 1,711 shares during the period. Cetera Investment Advisers boosted its position in shares of Newsmax by 5.1% in the first quarter. Cetera Investment Advisers now owns 35,302 shares of the company’s stock worth $184,000 after buying an additional 1,725 shares during the period. Advisory Services Network LLC purchased a new stake in shares of Newsmax in the third quarter worth about $26,000. Osterweis Capital Management Inc. purchased a new stake in shares of Newsmax in the second quarter worth about $32,000. Finally, Kestra Advisory Services LLC boosted its position in shares of Newsmax by 6.9% in the first quarter. Kestra Advisory Services LLC now owns 41,747 shares of the company’s stock worth $218,000 after buying an additional 2,697 shares during the period.

Newsmax Company Profile

Newsmax (NYSE:NMAX) is a diversified media company that produces and distributes conservative-oriented news, opinion and informational content. The company operates across multiple platforms, including a cable news channel, a digital streaming service, a website, a print magazine and various mobile applications. Newsmax focuses on delivering political coverage, financial analysis and cultural commentary to its audience.

Originally launched as a news website in 1998, Newsmax expanded into print with the debut of Newsmax magazine in 2003 and later launched its flagship cable network, Newsmax TV, in 2014.