What is Noble Financial’s Estimate for Newsmax Q2 Earnings?

Newsmax Inc. (NYSE:NMAX) – Investment analysts at Noble Financial upped their Q2 2026 earnings estimates for Newsmax in a report released on Friday, June 26th. Noble Financial analyst M. Kupinski now forecasts that the company will post earnings of ($0.02) per share for the quarter, up from their prior forecast of ($0.04). The consensus estimate for Newsmax’s current full-year earnings is ($0.16) per share. Noble Financial also issued estimates for Newsmax’s Q3 2026 earnings at ($0.02) EPS, Q4 2026 earnings at ($0.01) EPS, FY2026 earnings at ($0.07) EPS, FY2027 earnings at $0.30 EPS and FY2028 earnings at $0.82 EPS.

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 issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $21.50.

Newsmax Stock Performance

Shares of NMAX opened at $7.81 on Tuesday. Newsmax has a 1 year low of $5.11 and a 1 year high of $15.98. The company’s 50 day simple moving average is $7.47 and its 200 day simple moving average is $7.19. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of -11.84 and a beta of 2.91.

Hedge Funds Weigh In On Newsmax

A number of large investors have recently bought and sold shares of NMAX. Greenwich Wealth Management LLC acquired a new position in shares of Newsmax in the 4th quarter valued at $176,208,000. State Street Corp grew its stake in shares of Newsmax by 520.9% during the 4th quarter. State Street Corp now owns 628,315 shares of the company’s stock valued at $4,857,000 after buying an additional 527,126 shares during the period. Geode Capital Management LLC increased its holdings in shares of Newsmax by 329.1% during the 4th quarter. Geode Capital Management LLC now owns 574,465 shares of the company’s stock worth $4,441,000 after buying an additional 440,577 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Newsmax by 1,033.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 458,679 shares of the company’s stock worth $3,546,000 after buying an additional 418,199 shares during the period. Finally, UBS Group AG boosted its holdings in Newsmax by 4,495.3% in the fourth quarter. UBS Group AG now owns 421,342 shares of the company’s stock valued at $3,257,000 after acquiring an additional 412,173 shares during the last quarter.

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.