Newsmax Inc. (NMAX) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Newsmax Inc. (NMAX) stock forecast summary
Our AI ranks Newsmax Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Newsmax Inc. is a small-cap company with a market capitalization of $1.13B. It ranks number 6 by market capitalization among the 9 Television Broadcasting Stations issuers in our coverage with a current forecast. Its P/B Ratio of 9.97x is the highest of the 8 peers that report one. Its Current Ratio of 2.39x is the highest of the 8 peers that report one.
For NMAX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 76.0%, measured on 211 forecast dates between 2025-05-16 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 41.0%, measured on 254 forecast dates between 2025-05-16 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, NMAX included.
Follow NMAX freeNMAX price chart and AI forecast
How NMAX ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Newsmax Inc. (NMAX) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Television Broadcasting Stations peers listed below that report each metric.
Valuation & Market
| Metric | NMAX | Rank |
|---|---|---|
| Market Cap | $1.13B | 6/9 |
| P/B Ratio | 9.97x | 1/8 |
| Dividend Yield | 0.16% | 6/6 |
| EPS | $-0.35 | – |
| Book Value/Share | $0.88 | – |
| Revenue/Share | $1.57 | – |
| FCF/Share | $-0.55 | – |
Profitability & Margins
| Metric | NMAX | Rank |
|---|---|---|
| ROIC | -10.3% | 4/5 |
| Gross Margin | 38.5% | – |
| Operating Margin | -7.4% | 5/6 |
| EBT Margin | -3.2% | 6/7 |
| Tax Rate | 0.2% | – |
Financial Health
| Metric | NMAX | Rank |
|---|---|---|
| Current Ratio | 2.39x | 1/8 |
| Quick Ratio | 2.36x | – |
| D/E Ratio | 1.03x | 6/8 |
| Financial Leverage | 2.03x | 5/7 |
| Interest Coverage | 2557.6x | 1/8 |
| Working Capital | $117M | 6/8 |
Cash Flow
| Metric | NMAX | Rank |
|---|---|---|
| Operating Cash Flow | -$68M | 8/8 |
| Free Cash Flow | -$72M | 8/8 |
| Capital Spending | -$3M | 1/8 |
| FCF/Sales | -35.2% | 8/8 |
| CapEx/Sales | 1.6% | 6/8 |
Operational Efficiency
| Metric | NMAX | Rank |
|---|---|---|
| Asset Turnover | 0.88x | 2/6 |
| Receivables Turnover | 4.9x | 4/7 |
| Fixed Assets Turnover | 28.7x | 1/7 |
| Days Sales Outstanding | 74 days | 4/7 |
Income Statement
| Metric | NMAX | Rank |
|---|---|---|
| Total Revenue | $203M | 8/8 |
| Operating Income | -$15M | 6/7 |
Dividend & Shareholder Information
| Metric | NMAX | Rank |
|---|---|---|
| Dividends Per Share | $0.01 | – |
| Shares Outstanding | 129M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $202M | 87.6% of assets |
| Cash & Short-term Investments | $26M | 11.2% of assets |
| Accounts Receivable | $41M | 18.0% of assets |
| Inventory | $2M | 0.8% of assets |
| Total Liabilities | $117M | 50.8% of assets |
| Short-term Debt | $66M | 28.8% of assets |
NMAX quarterly financials and insider trading
Newsmax Inc. (NMAX) industry peers
Companies classified under the same SEC industry code as Newsmax Inc. (Television Broadcasting Stations): 9 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| NMAX Newsmax Inc. | ▲ | $1.13B |
| FOX Fox Corp | ▼ | $24.01B |
| FWONA Liberty Media Corp | ▼ | $20.80B |
| SKYD Skydance Corp | ▲ | $7.75B |
| NXST Nexstar Media Group, Inc. | ▶ | $5.07B |
| VSNT Versant Media Group, Inc. | ▶ | $4.42B |
| EVC Entravision Communications Corp | ▲ | $583M |
| GTN Gray Media, Inc | ▶ | $429M |
| SSP E.W. Scripps Co | ▲ | $249M |
Where NMAX sits on the market map
Newsmax Inc. (NMAX) stock news
Loading...
Newsmax Inc. (NMAX) stock forecast FAQ
What is the Newsmax Inc. (NMAX) stock forecast?
Our AI ranks Newsmax Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Newsmax Inc. stock predictions?
For NMAX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 76.0%, measured on 211 forecast dates between 2025-05-16 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 41.0%, measured on 254 forecast dates between 2025-05-16 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Newsmax Inc. forecasts updated?
Newsmax Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Newsmax Inc.'s industry peers?
9 issuers in our coverage, NMAX included, share the SEC industry code Television Broadcasting Stations. The largest are: Fox Corp (FOX), Liberty Media Corp (FWONA), Skydance Corp (SKYD), Nexstar Media Group, Inc. (NXST), Versant Media Group, Inc. (VSNT), Entravision Communications Corp (EVC).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.