FY2026 EPS Estimates for Newsmax Lifted by Noble Financial

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

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

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

Newsmax Stock Performance

NYSE:NMAX opened at $7.23 on Tuesday. Newsmax has a one year low of $5.11 and a one year high of $27.49. The business’s 50-day simple moving average is $6.48 and its 200 day simple moving average is $7.31. The stock has a market cap of $933.17 million, a price-to-earnings ratio of -6.23 and a beta of 2.25.

Institutional Trading of Newsmax

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Entropy Technologies LP raised its position in shares of Newsmax by 54.7% during the 1st quarter. Entropy Technologies LP now owns 35,280 shares of the company’s stock worth $184,000 after purchasing an additional 12,480 shares during the period. Cetera Investment Advisers raised its position in shares of Newsmax by 5.1% during the 1st quarter. Cetera Investment Advisers now owns 35,302 shares of the company’s stock worth $184,000 after purchasing an additional 1,725 shares during the period. Bank of New York Mellon Corp raised its position in shares of Newsmax by 5.0% during the 1st quarter. Bank of New York Mellon Corp now owns 110,775 shares of the company’s stock worth $578,000 after purchasing an additional 5,283 shares during the period. Kestra Advisory Services LLC raised its position in shares of Newsmax by 6.9% during the 1st quarter. Kestra Advisory Services LLC now owns 41,747 shares of the company’s stock worth $218,000 after purchasing an additional 2,697 shares during the period. Finally, Abel Hall LLC acquired a new stake in shares of Newsmax during the 1st quarter worth approximately $100,000.

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.