Newsmax, Inc. (NMAX)
NYSECommunication ServicesBroadcastingSnapshot 2026-11-04
$8.14+1.75%
Close 2026-11-04 · 1-day change
NYSECommunication ServicesBroadcastingSnapshot 2026-11-04
QuarterlyIQ Insights · NMAX
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 78.8% |
| Our one-year growth estimate | diamond | 15.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 63.6 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 1 industry peers
NMAX — officer change
Dated 2026-03-23
Director and member of the Audit Committee — David Evans: David Evans was appointed as a director and to the Audit Committee.
Why it matters: Newsmax kept its 2026 revenue range of $212M to $216M. Q3 results will show if growth stays on that path.
Supportive ifOn November 12, Newsmax reports Q3 revenue growth that keeps its 2026 outlook at $212M-$216M.
Worry ifNewsmax cuts its 2026 revenue range below $212M or reports Q3 revenue below $51.7M.
Why it matters: Broadcast ad revenue fell in both Q1 and Q2, even as total broadcast revenue rose. A further drop would weigh on the mix.
Worry ifQ3 broadcast ad revenue is below the Q2 2026 level of $24.4M and below Q3 2025.
Less concerning ifQ3 broadcast ad revenue is at least $24.4M and grows year over year.
Why it matters: Affiliate fees helped lift broadcast revenue as advertising fell. Continued growth would support the revenue mix behind Q2 profit.
Supportive ifQ3 affiliate fee revenue is above $13.4M, up from Q2 2026.
Worry ifQ3 affiliate fee revenue is $13.4M or less. Or, management reports fewer new deals or rate hikes.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$205 on $10,000 · ±2.1% | How much price usually moves either way. |
| Bad day | $614 loss on $10,000 · 6.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,855 loss on $10,000 · 48.5% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.