Newsmax Inc.

NYSE:NMAX Stock Report

Market Cap: US$1.2b

Newsmax Future Growth

Future criteria checks 4/6

Newsmax is forecast to grow earnings and revenue by 122% and 13.2% per annum respectively while EPS is expected to grow by 114.6% per annum.

Key information

122.0%

Earnings growth rate

114.62%

EPS growth rate

Media earnings growth31.4%
Revenue growth rate13.2%
Future return on equityn/a
Analyst coverage

Low

Last updated26 Jun 2026

Recent future growth updates

Recent updates

Narrative Update Jun 26

NMAX: Higher Margin Outlook Will Drive Future Upside Despite Lowered Expectations

Analysts have trimmed their price target on Newsmax from $21.00 to $18.50, citing updated assumptions for revenue growth, profit margins, discount rates, and future P/E levels as reflected in recent research such as Noble Capital's lowered target. What's in the News for Newsmax Newsmax reiterated its revenue guidance for the full year 2026, indicating expected revenue in a range of $212 million to $216 million.
Analysis Article Feb 13

The Price Is Right For Newsmax Inc. (NYSE:NMAX) Even After Diving 29%

The Newsmax Inc. ( NYSE:NMAX ) share price has fared very poorly over the last month, falling by a substantial 29%. To...
Seeking Alpha Jan 17

Newsmax: Still Not Cheap Enough

Summary Despite strong revenue growth, Newsmax stock has slid since its IPO, as investor sentiment remains negative toward the linear TV industry. NMAX's path to meaningful upside requires aggressive affiliate fee increases, robust advertising growth, and rapid scaling of its nascent streaming business. Current EBITDA is near zero; to double valuation, NMAX must deliver $250M–$500M in incremental EBITDA, a scenario demanding near-flawless execution. Even with solid operational execution, the challenging industry backdrop and aggressive valuation make the risk/reward profile unattractive at current levels. Read the full article on Seeking Alpha
Analysis Article Dec 09

What You Can Learn From Newsmax Inc.'s (NYSE:NMAX) P/S

Newsmax Inc.'s ( NYSE:NMAX ) price-to-sales (or "P/S") ratio of 6x may look like a poor investment opportunity when you...

Earnings and Revenue Growth Forecasts

NYSE:NMAX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202828837N/AN/A1
12/31/20272371120232
12/31/2026213-8-27-242
3/31/2026196-84-94-91N/A
12/31/2025189-104-107-104N/A
9/30/2025185-111-137-135N/A
6/30/2025183-119-82-80N/A
3/31/2025176-50-62-61N/A
12/31/2024171-80-50-49N/A
9/30/2024161-73-21-20N/A
6/30/2024156-64-5-5N/A
3/31/2024146-79-5-4N/A
12/31/2023135-48-5-4N/A
12/31/2022135-26-13-7N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NMAX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.5%).

Earnings vs Market: NMAX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: NMAX is expected to become profitable in the next 3 years.

Revenue vs Market: NMAX's revenue (13.2% per year) is forecast to grow faster than the US market (12.9% per year).

High Growth Revenue: NMAX's revenue (13.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if NMAX's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/02 21:37
End of Day Share Price 2026/07/02 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Newsmax Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas ForteMaxim Group
Michael KupinskiNOBLE Capital Markets, Inc.