Research Analysts Set Expectations for Newsmax Q2 Earnings

Newsmax Inc. (NYSE:NMAX) – Investment analysts at Maxim Group issued their Q2 2026 earnings per share estimates for shares of Newsmax in a research report issued on Monday, August 10th. Maxim Group analyst T. Forte expects that the company will earn ($0.04) per share for the quarter. The consensus estimate for Newsmax’s current full-year earnings is ($0.07) per share.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Newsmax in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $23.00.

Newsmax Price Performance

NYSE NMAX opened at $8.71 on Wednesday. The company has a market cap of $1.12 billion, a P/E ratio of -13.19 and a beta of 2.55. The stock has a 50-day moving average of $8.23 and a two-hundred day moving average of $7.18. Newsmax has a 1-year low of $5.11 and a 1-year high of $15.94.

Hedge Funds Weigh In On Newsmax

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC purchased a new stake in shares of Newsmax during the second quarter worth approximately $1,425,000. Cetera Investment Advisers acquired a new stake in Newsmax in the second quarter valued at approximately $249,000. JPMorgan Chase & Co. purchased a new position in Newsmax in the second quarter worth approximately $338,000. New York State Common Retirement Fund purchased a new position in Newsmax in the second quarter worth approximately $117,000. Finally, Jump Financial LLC acquired a new position in Newsmax during the 2nd quarter worth approximately $334,000.

About Newsmax

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.