Newsmax, Inc. (NMAX)

• Market cap: $1.66B
• 1 day: 0.39%
• 5 days: 5.15%
• 1 month: -7.68%
• 3 months: -1.3%
• 6 months: -84.6%
• Year to date: -84.6%
• 1 year: -84.6%
• 5 years: -84.6%
• 10 years: -84.6%
• Sector: Communication Services
• Industry: Broadcasting

About: Newsmax Inc is a multi-platform media company. The company provides original news and lifestyle updates from its linear cable television and over-the-top (OTT) news channels, websites, proprietary database, publishing products, and e-commerce products. The Company uses original news and editorial content to draw large numbers of readers to its media outlets to sell advertising, print, and online information products. The Company's business operations are conducted through two operating segments, Broadcasting and Digital. The company generates maximum revenue from the Broadcasting Segment.

Employees: 400

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

2,000% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 1

1,389% more first-time investments, than exits

New positions opened: 134 | Existing positions closed: 9

472% more capital invested

Capital invested by funds: $8.69M [Q1] → $49.8M (+$41.1M) [Q2]

365% more funds holding

Funds holding: 34 [Q1] → 158 (+124) [Q2]

62% more call options, than puts

Call options by funds: $16.6M | Put options by funds: $10.2M

3.67% more ownership

Funds ownership: 0% [Q1] → 3.67% (+3.67%) [Q2]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $20
• Avg. target: $22
• High target: $23

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Noble Capital Markets Michael Kupinski	$23	Outperform Initiated	21 Aug 2025
Maxim Group	$20	Buy Initiated	24 Jul 2025