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 reported strong Q1 2026 results with total revenue of $51.7 million (up 14% YoY) and broadcast revenue of $43.7 million (up 20.8% YoY), driven by affiliate fee growth of 75.2% and expanded licensing agreements. The company maintained its position as the fourth-highest rated cable news channel with 30.4 million total viewers and improved n...
Newsmax (NYSE:NMAX) shares surged 40.80% on Wednesday, driven by a massive spike in call option volume with 13,430 contracts purchased—a 1,505% increase above typical daily volume. The stock is trading significantly above its short-term moving averages but remains below its 200-day SMA. With an RSI near overbought territory at 66.33, the stock ...
President Trump endorsed Nexstar Media Group's $6.2 billion acquisition of Tegna Inc., reversing his November opposition to the deal. The combined entity would reach roughly 80% of U.S. households, though the FCC must lift its 39% household reach cap for the deal to proceed. The transaction is expected to close in the second half of 2026.
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.
