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Newsmax, Inc. (NMAX)

Communication Services | Broadcasting | Boca Raton, United States | NYSE
10.71 USD +0.23 (2.195%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 10.73 +0.02 (0.149%) ⇧ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★★★☆Long-term:★★☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 6:07 a.m. EDT

The immediate outlook is driven by a potent retail narrative and aggressive speculative positioning. Newsmax is trading like a high-beta political proxy, fueled by a spate of favorable news and a self-reinforcing cycle where retail traders anticipate a short squeeze. The options chain confirms this sentiment, with traders loading up on calls at strikes well above the current price, betting on a continuation of the recent surge. However, this momentum is built on fragile ground. Fundamentally, the company is in distress: it is burning cash, reporting negative free cash flow, and carrying significant debt relative to its equity. The valuation is extreme, trading at a forward P/E of over 150x despite negative earnings and a lack of a dividend to cushion any downturn. While the technicals and options flow suggest a near-term pop is likely, the underlying business lacks the revenue consistency or profitability required to sustain such a premium. This is a classic momentum play where the thesis relies entirely on continued positive headlines and speculative fervor, rather than intrinsic value.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.239732
AutoTheta0.259796
MSTL0.263391
AutoETS0.271567

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 25%
H-stat 4.59
Ljung-Box p 0.000
Jarque-Bera p 0.275
Excess Kurtosis -0.50
Attribute Value
Sector Communication Services
Debt to Equity Ratio 10.23
Revenue per Share 1.576
Market Cap 1,383,310,592
Trailing P/E 63.00
Forward P/E 153.00
Profit Margins -3.15%
Previous Name AIML Resources Inc.
Website https://www.newsmax.com

As of Aug. 22, 2026, 6:07 a.m. EDT: Speculators are aggressively positioning for a continued rally, evidenced by massive open interest in out-of-the-money calls (strikes 12.00 and 12.50) relative to puts. The call skew shows heavy volume at strikes significantly above the current price, while put activity is concentrated at lower strikes, suggesting a 'buy the dip' mentality rather than hedging against a crash. Implied volatility remains elevated on near-term expirations, pricing in further upside moves.


Info Dump

Attribute Value
52 Week Change -0.232808
Address1 750 Park Of Commerce Drive
Address2 Suite 100
All Time High 265.0
All Time Low 5.11
Ask 10.87
Ask Size 300
Audit Risk 10
Average Analyst Rating 1.5 - Strong Buy
Average Daily Volume10 Day 1,196,850
Average Daily Volume3 Month 1,180,558
Average Volume 1,180,558
Average Volume10Days 1,196,850
Bid 10.65
Bid Size 900
Board Risk 10
Book Value 0.876
City Boca Raton
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 10.71
Current Ratio 2.386
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 11.15
Day Low 10.485
Debt To Equity 10.23
Display Name Newsmax
Earnings Call Timestamp End 1,786,653,000
Earnings Call Timestamp Start 1,786,653,000
Earnings Timestamp 1,786,651,200
Earnings Timestamp End 1,794,600,000
Earnings Timestamp Start 1,794,600,000
Ebitda -12,160,677
Ebitda Margins -0.05982
Enterprise To Ebitda -104.155
Enterprise To Revenue 6.231
Enterprise Value 1,266,589,440
Eps Forward 0.07
Eps Trailing Twelve Months 0.17
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 8.7514
Fifty Day Average Change 1.9586
Fifty Day Average Change Percent 0.22380419
Fifty Two Week Change Percent -23.2808
Fifty Two Week High 14.28
Fifty Two Week High Change -3.5699997
Fifty Two Week High Change Percent -0.24999999
Fifty Two Week Low 5.11
Fifty Two Week Low Change 5.6
Fifty Two Week Low Change Percent 1.0958904
Fifty Two Week Range 5.11 - 14.28
Financial Currency USD
First Trade Date Milliseconds 1,743,427,800,000
Float Shares 30,944,307
Forward Eps 0.07
Forward P E 153.0
Free Cashflow -37,640,884
Full Exchange Name NYSE
Full Time Employees 500
Fullday Change 0.23
Fullday Change Percent 2.19466
Fullday Price 10.726
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.39639
Gross Profits 80,580,904
Has Pre Post Market Data 1
Held Percent Insiders 0.2195
Held Percent Institutions 0.66783
Implied Shares Outstanding 129,160,645
Industry Broadcasting
Industry Disp Broadcasting
Industry Key broadcasting
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Newsmax Inc., through its subsidiaries, operates as a television broadcaster and multi-platform content publisher in the United States. It operates through two segments, Broadcasting and Digital. The Broadcasting segment produces and licenses news, business news, and lifestyle content for distribution through cable television systems, direct broadcast satellite operators, and telecommunication companies. This segment also provides programming services through Newsmax and Newsmax2, which offer 24/7 television news and informational programming channels through cable and digital streaming platforms; and World at War that offers 24/7 historical documentaries and movies. The Digital segment offers online advertising services, such as online display, email advertising, other online placements, and print advertisements; subscriptions, including a collection of specialized health and financial newsletters, Newsmax Magazine, and online membership programs; and sells nutraceutical and nonfiction books on political, financial, and health-related topics. Newsmax Inc. was founded in 1998 and is headquartered in Boca Raton, Florida.
Market us_market
Market Cap 1,383,310,592
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1884556415
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-08-29
Net Income To Common -6,407,892
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 1,353,603,559
Number Of Analyst Opinions 2
Open 10.5
Operating Cashflow -68,273,728
Operating Margins 0.02411
Overall Risk 10
Payout Ratio 0.0
Phone 561 686 1165
Post Market Change 0.015999794
Post Market Change Percent 0.14939116
Post Market Price 10.726
Post Market Time 1,787,959,806
Prev Name AIML Resources Inc.
Previous Close 10.48
Price Hint 2
Price To Book 12.2260275
Price To Sales Trailing12 Months 6.8047028
Profit Margins -0.031519998
Quick Ratio 2.007
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.5
Region US
Regular Market Change 0.23
Regular Market Change Percent 2.19466
Regular Market Day High 11.15
Regular Market Day Low 10.485
Regular Market Day Range 10.485 - 11.15
Regular Market Open 10.5
Regular Market Previous Close 10.48
Regular Market Price 10.71
Regular Market Time 1,787,947,202
Regular Market Volume 1,039,754
Return On Assets -0.03836
Return On Equity -0.05824
Revenue Growth 0.165
Revenue Per Share 1.576
Sand P52 Week Change 0.20204377
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Share Holder Rights Risk 10
Shares Outstanding 89,921,348
Shares Percent Shares Out 0.057600003
Shares Short 7,443,515
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 7,582,518
Short Name Newsmax, Inc.
Short Percent Of Float 0.9423
Short Ratio 8.02
Source Interval 15
State FL
Symbol NMAX
Target High Price 20.0
Target Low Price 17.0
Target Mean Price 18.5
Target Median Price 18.5
Total Cash 128,299,792
Total Cash Per Share 0.993
Total Debt 11,578,683
Total Revenue 203,287,440
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.17
Trailing P E 63.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 7.66605
Two Hundred Day Average Change 3.04395
Two Hundred Day Average Change Percent 0.39706892
Type Disp Equity
Volume 1,039,754
Website https://www.newsmax.com
Zip 33,487