Noble Financial Estimates Newsmax’s Q1 Earnings (NYSE:NMAX)

Newsmax Inc. (NYSE:NMAX) – Equities research analysts at Noble Financial decreased their Q1 2026 earnings estimates for Newsmax in a research report issued on Tuesday, April 7th. Noble Financial analyst M. Kupinski now anticipates that the company will post earnings of ($0.04) per share for the quarter, down from their prior forecast of ($0.02). Noble Financial also issued estimates for Newsmax’s Q2 2026 earnings at ($0.04) EPS, Q3 2026 earnings at ($0.06) EPS, Q4 2026 earnings at ($0.04) EPS, FY2026 earnings at ($0.19) EPS, FY2027 earnings at $0.07 EPS and FY2028 earnings at $0.46 EPS.

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

Newsmax Price Performance

NMAX stock opened at $5.90 on Thursday. Newsmax has a 52-week low of $5.11 and a 52-week high of $35.50. The company’s 50 day simple moving average is $6.23 and its 200-day simple moving average is $8.28. The firm has a market capitalization of $762.18 million and a P/E ratio of -5.09.

Newsmax (NYSE:NMAX) last released its quarterly earnings results on Thursday, March 26th. The company reported $0.04 earnings per share (EPS) for the quarter. Newsmax had a negative net margin of 52.57% and a negative return on equity of 82.25%. The business had revenue of $52.24 million for the quarter.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Hollencrest Capital Management acquired a new position in Newsmax in the 2nd quarter valued at approximately $25,000. Advisory Services Network LLC acquired a new position in Newsmax in the 3rd quarter valued at approximately $26,000. Harbor Investment Advisory LLC increased its stake in Newsmax by 139.8% in the 3rd quarter. Harbor Investment Advisory LLC now owns 2,398 shares of the company’s stock valued at $30,000 after buying an additional 1,398 shares during the period. Osterweis Capital Management Inc. acquired a new position in Newsmax in the 2nd quarter valued at approximately $32,000. Finally, Smartleaf Asset Management LLC acquired a new position in Newsmax in the 4th quarter valued at approximately $32,000.

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.