Newsmax, Inc.
NMAXNewsmax, Inc. is a media company known for its news and political commentary. It operates a digital news platform, providing coverage on current events, politics, and conservative viewpoints. Newsmax has expanded from its traditional television broadcast roots to a strong online presence, offering content across various digital channels.
Company News
Newsmax stock, which surged during its March 2025 IPO meme wave, has since fallen below its initial price. Despite the decline, the stock remains overvalued at an EV/sales ratio of 5.1 compared to competitors like Fox Corp (2.0) and Sinclair (1.45). With modest growth projections of 13.8% and profitability not expected until 2027, the analyst rec...
Newsmax CEO Chris Ruddy opposes a potential merger between Nexstar and Tegna, arguing that it could reduce media competition and give too much power to broadcast networks. The merger requires changing an FCC rule limiting TV station ownership to 39% of U.S. households.
Newsmax, a conservative news media company, had a meteoric rise in its stock price after its IPO, mirroring the meme stock frenzy seen with GameStop and AMC. The stock price surged over 2,500% in just two days, raising concerns about the sustainability of such rapid growth.
