Newsmax Inc.

NYSE:NMAX Stock Report

Market Cap: US$1.1b

Newsmax Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Chris Ruddy

Chief executive officer

US$894.1k

Total compensation

CEO salary percentage44.82%
CEO tenureno data
CEO ownership60.8%
Management average tenureno data
Board average tenure1.2yrs

Recent management updates

Recent updates

Seeking Alpha Jul 06

Newsmax: The Market Is Treating This Like The Next Fox News

Summary Newsmax Inc. is rated Sell due to excessive valuation relative to its negative earnings and cash flow profile. NMAX trades at a 6.1x trailing P/S despite $99.5 million in net losses and negative free cash flow, requiring aggressive future performance. While affiliate and licensing revenues are growing, gross margins are declining, and profitability remains elusive even after adjusting for one-time costs. Balance sheet strength buys time, but the current market cap assumes a blue-sky scenario with significant execution risk and little margin for error. Read the full article on Seeking Alpha
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...
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...

CEO Compensation Analysis

How has Chris Ruddy's remuneration changed compared to Newsmax's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$84m

Dec 31 2025US$894kUS$401k

-US$104m

Sep 30 2025n/an/a

-US$111m

Jun 30 2025n/an/a

-US$119m

Mar 31 2025n/an/a

-US$50m

Dec 31 2024US$914kUS$373k

-US$80m

Compensation vs Market: Chris's total compensation ($USD894.10K) is below average for companies of similar size in the US market ($USD3.53M).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.


CEO

Chris Ruddy (61 yo)

no data
Tenure
US$894,101
Compensation

Mr. Christopher W. Ruddy, also known as Chris, is Chief Executive Officer and Director of Newsmax Inc. Mr. Ruddy serves as the President and Chief Executive Officer of Newsmax Media, Inc. and serves as its...


Board Members

NamePositionTenureCompensationOwnership
Christopher Ruddy
CEO & Directorno dataUS$894.10k60.76%
$ 663.9m
David A. Evans
Independent Directorless than a yearno datano data
Nancy Brinker
Director2.3yrsUS$471.31k0%
$ 0
Paula Dobriansky
Independent Director1.1yrsUS$153.63kno data
Rene Acosta
Independent Director1.3yrsUS$233.45kno data
David Gandler
Directorless than a yearUS$134.19kno data
Christopher Cox
Director2.3yrsUS$164.48kno data
1.2yrs
Average Tenure
61yo
Average Age

Experienced Board: NMAX's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 21:48
End of Day Share Price 2026/07/10 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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.