What is Noble Financial's Forecast for Newsmax Q1 Earnings?

Key Points

• Noble Financial cut its Q1 2026 EPS estimate for Newsmax to ($0.04) from ($0.02) and now projects Q2 at ($0.04), Q3 at ($0.06), Q4 at ($0.04), FY2026 at ($0.19), FY2027 at $0.07 and FY2028 at $0.46.
• Newsmax reported $0.04 EPS in its last quarter but has a negative net margin (-52.57%) and negative ROE (-82.25%); the stock trades around $5.85 with a consensus "Hold" and an average price target of $21.50, while Weiss Ratings reiterates a "sell (d-)" rating.

Newsmax Inc. (NYSE:NMAX - Free Report) - Analysts at Noble Financial decreased their Q1 2026 earnings estimates for shares of Newsmax in a research note issued to investors on Tuesday, April 7th. Noble Financial analyst M. Kupinski now forecasts that the company will post earnings of ($0.04) per share for the quarter, down from their prior estimate 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.

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

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

Newsmax Trading Up 7.6%

NMAX stock opened at $5.85 on Thursday. Newsmax has a 12 month low of $5.11 and a 12 month high of $40.50. The company has a 50-day moving average price of $6.26 and a 200 day moving average price of $8.30. The stock has a market cap of $754.82 million and a PE ratio of -5.04.

Institutional Investors Weigh In On Newsmax

Several large investors have recently added to or reduced their stakes in the stock. Armstrong Advisory Group Inc. boosted its position in Newsmax by 17.0% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 9,263 shares of the company's stock valued at $115,000 after buying an additional 1,344 shares during the period. Harbor Investment Advisory LLC boosted its position 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. Hollencrest Capital Management purchased a new stake in Newsmax in the 2nd quarter valued at about $25,000. Foundations Investment Advisors LLC boosted its position in Newsmax by 15.1% in the 4th quarter. Foundations Investment Advisors LLC now owns 13,048 shares of the company's stock valued at $101,000 after buying an additional 1,711 shares during the period. Finally, Advisory Services Network LLC purchased a new stake in Newsmax in the 3rd quarter valued at about $26,000.

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.

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