Newsmax (NYSE:NMAX) Cut to Hold at Wall Street Zen

Posted by Brenda Bartman on Sep 22nd, 2026

Wall Street Zen cut shares of Newsmax (NYSE:NMAX – Free Report) from a buy rating to a hold rating in a report issued on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Newsmax in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Newsmax currently has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on Newsmax

Newsmax Stock Up 5.0%

NMAX stock opened at $10.84 on Friday. Newsmax has a twelve month low of $5.11 and a twelve month high of $13.60. The stock’s 50 day moving average is $9.61 and its 200-day moving average is $8.08. The firm has a market capitalization of $1.40 billion, a PE ratio of -216.80 and a beta of 2.72.

Newsmax (NYSE:NMAX – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.05. Newsmax had a negative return on equity of 8.28% and a negative net margin of 3.15%.The business had revenue of $54.12 million during the quarter. On average, equities research analysts anticipate that Newsmax will post -0.02 earnings per share for the current fiscal year.

Insider Buying and Selling at Newsmax

In other news, major shareholder Conyers Investments Llc sold 282,063 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $11.55, for a total transaction of $3,257,827.65. Following the completion of the sale, the insider owned 22,051,478 shares in the company, valued at $254,694,570.90. This trade represents a 1.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders have sold 455,653 shares of company stock worth $5,178,478. 61.03% of the stock is owned by corporate insiders.

Institutional Trading of Newsmax

Hedge funds have recently made changes to their positions in the company. Integrated Wealth Concepts LLC bought a new stake in Newsmax in the 2nd quarter valued at about $67,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Newsmax in the fourth quarter valued at approximately $70,000. Arizona State Retirement System bought a new stake in shares of Newsmax in the second quarter valued at approximately $98,000. Allworth Financial LP lifted its stake in shares of Newsmax by 55.4% during the 2nd quarter. Allworth Financial LP now owns 11,983 shares of the company’s stock valued at $99,000 after buying an additional 4,270 shares in the last quarter. Finally, Apollon Wealth Management LLC bought a new position in Newsmax in the 1st quarter worth approximately $65,000.

Newsmax Company Profile

(Get Free Report)

Newsmax, Inc is a multimedia news and information company that operates a conservative-oriented media platform serving audiences primarily in the United States. Its businesses include digital publishing, television broadcasting and related media products.

The company operates Newsmax.com, which publishes news, political commentary, business coverage, financial information and lifestyle content. It also operates Newsmax TV, a television network available through distribution partners and digital platforms, and offers streaming access and other subscription-based digital services.