After reaching an important support level, Newsmax Inc. (NMAX) could be a good stock pick from a technical perspective. NMAX recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
Newsmax NYSE: NMAX reported higher first-quarter 2026 revenue and a sharply narrower net loss, as growth in affiliate fees and licensing helped offset weaker digital advertising, subscription and product sales revenue.
Newsmax (NMAX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Newsmax Inc. (NMAX) Q4 2025 Earnings Call Transcript
Newsmax Inc.'s Q2 '25 showed strong revenue growth, but losses soared due to the Dominion settlement and ballooning expenses, raising sustainability concerns. Despite 26 million quarterly viewers, Newsmax faces major headwinds: declining cable TV, aging audience, and limited advertiser appeal due to political polarization. A turnaround would require clear profitability, cost control, digital subscriber traction, and possibly an acquisition or international growth—none of which are proven yet.
Newsmax Media has agreed to pay $67 million to Dominion Voting Systems to settle a $1.6 billion defamation lawsuit over false claims that the voting machine company rigged the 2020 election against U.S. President Donald Trump, it said on Monday.
Dominion accused Newsmax of airing false reports that the voting-machine company helped rig the 2020 U.S. presidential election.
Newsmax (NYSE: NMAX) plummeted by more than 11% on Tuesday and is now nearly 70% lower than its initial public offering closing price from March 31. This significant drop occurs despite the conservative media company's swift expansion across cable, digital, and print platforms.
Newsmax stock surged unrealistically post-IPO, but now trades at a more reasonable $23. Affiliate fees and digital subscriptions both saw sharp increases in 2024, suggesting the potential for revenue growth and margin improvement, allowing the business to grow into a currently high valuation. But 2024 looks like an outlier, with a 26% increase in revenue driven largely by those new launches.
In one of the most dramatic initial public offerings (IPOs) in memory, media company Newsmax (NMAX -1.75%) saw its stock skyrocket nearly 1,800% in the first two days of trading. The shares began trading on March 31 at $14 before rising as high as $265 the next day.
Investors have plenty of colorful adages and phrases. "Don't try to catch a falling knife" and "pigs get slaughtered" come to mind.
Newsmax (NMAX 7.46%) stock closed out Tuesday's trading with big gains. The company's share price was up 9.3% at the end of the day and had been up as much as 13.4% earlier in the session.