Should I buy, hold, or sell NMAX stock right now?

Newsmax Inc. (Class B) (NMAX) currently earns a Roarable Rating of E (Strong Sell — SELL) with 25/100 RQD Confidence. Stretched risk/reward at current multiples (-35% return on capital) under elevated 10-year interest-rate pressure.

What is NMAX's 12-month price target and RQD AI Jury consensus?

NMAX's 12-month base price target is $6.8 (range $5.3 to $12.72), backed by transparent SEC XBRL cash-flow, Form 4 insider, and CBOE options flow analysis.

Stock Ratings / Communication Services / NMAX

SBGI (49) TV (44) EVC (25) GTN (38) ⌘ Pro Terminal →

Newsmax Inc. (Class B) (NMAX) — RQD Stock Rating Cockpit

$7.99 -0.99% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $7.96

Newsmax Inc. (Class B) (NMAX) carries a Roarable Rating of E (Strong Sell) with 25/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE E • RED ALERT Cap $1.04B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

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🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is NMAX stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, Newsmax Inc. (Class B) (NYSE: NMAX) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 25/100 at a spot price of $7.99 (-0.99% 1D, market cap $1.04B). Pillar breakdown: Fundamental Cash Engine 4/20, Institutional 13F & Options Flow 5/20, SEC Balance-Sheet Forensics 4/20, FRED Macro Regime Fit 9/20, and Executive Insider Alignment 3/20. Across 132 tracked Communication Services issuers, NMAX ranks #123 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does NMAX compare to SBGI and TV in the Communication Services sector?

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Within the Communication Services sector (Broadcasting), NMAX carries a Roarable E (25/100 RQD), trailing P/E of N/A, gross margin of 39.3%, and ROIC of -35.0%. By comparison, SBGI (Sinclair Inc. (Class A)) holds a D grade (49/100 RQD, P/E N/A, ROIC 85.0%, cap $925.7M) and TV (Grupo Televisa S.A.B.) posts a D grade (44/100 RQD, P/E N/A, ROIC —, cap $1.29B). Among the 5-stock peer group, NMAX leads on earnings multiple (N/A) while SBGI leads on capital efficiency (85.0% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for NMAX?

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Per NMAX's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0002026478), Newsmax Inc. (Class B) generated $189.3M in revenue (+10.7% YoY), -$99.5M in net income, and -$107.1M in free cash flow against $239.8M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Communication Services with deep daily trading liquidity. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $7.96 (-0.37%)🧬 Dilution Drag (+2.48% YoY Shares)⚙️ Cash Engine: 4/20 (E) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (25/100 · E) historically underperformed SPY in 71% of rolling 90-day windows (-10.7% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERRED ALERT • E

3-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk E

Each axis scored 0–20

12M PRICE TARGET CONE-14.9% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for NMAX)Realized 20D OHLCV Swing Band: ±8.7%

Deterministic 5-Pillar Attribution (25/100 Composite)

🔍 WHY NMAX SCORES 25/100 (E) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Macro Regime Fit+9/20 pts (36% of score)

FRED Regime × Technicals: 41% of 52W Range • RSI-14 at 32 (OVERSOLD (<32))

▲ #2 Bullish Driver: Whale & Options Positioning+5/20 pts (20% of score)

20D Institutional Volume Accumulation (±8.7% realized swing band)

▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution4/20 pts (-16 pt drag)

Dilution Drag (+2.48% YoY Shares) & executive Form 4 sales trim 16 pts from alignment

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade E$10.05-16.6% Next Q

Q2 (-2Q)

Grade E$8.38-4.8% Next Q

Q3 (-1Q)

Grade E$7.98+0.1% Next Q

Current

Grade E$7.99-10.7% Hist 90D α

Trajectory: E (33) → E (25)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a NMAX Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While NMAX currently carries a cautious 25/100 (E) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Communication Services with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($9.91) and Max Pain ($8.39) forces dealer call-delta covering toward $12.72.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+2.48% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $NMAX• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “NMAX Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 25%NO 75%Trade / Inspect Odds →

RSI-14 MOMENTUMOVERSOLD (<32)

3230 Oversold · 70 Hot

ALTMAN-Z SHIELDWATCH ZONE (1.8–3.0)

2.76>3.0 Fortress Safe

PIOTROSKI F-SCOREWEAK QUALITY (1–4)

3 / 99-Pt Accounting

52-WEEK LASER RANGE41% OF RANGE

L: $5$7.99H: $12

1. Money & Cash Health● WEAK

Are profits real cash in the bank?

Weak cash conversion or heavy valuation strain compared to actual cash earned.

Factor Grade: ERQD 4 / 20

2. Big Money & Insiders● TRIMMING

Are whales & executives buying or selling?

Insiders and big institutional desks have been trimming shares rather than stepping up to buy.

Factor Grade: ERQD 8 / 40

3. Hidden Risks & Market Weather● WARNING

SEC fine-print scan & interest-rate fit

High sensitivity to tight interest rates or new risk warnings added to recent SEC annual filings.

Factor Grade: ERQD 13 / 40

MULTI-MODEL JEV QUANT JURY DELIBERATION

3-of-3 JEV AI Jury Bearish Warning on NMAX

Cash & Moat Bull AI

ROIC & Free Cash Flow Model

BEARISH (20)

-35.0% ROIC with 39.3% gross margin and -10.24% FCF yield.

SEC Forensic Auditor AI

10-K Accruals & Altman-Z Guard

BEARISH (20)

Altman-Z 2.76 and Piotroski 3/9 pass balance-sheet audit.

Whale & Macro Hawk AI

Options Skew, 13F & Fed NetLiq

BEARISH (28)

8/40 institutional & smart-money positioning score with 9/20 macro alignment.

Bull Case: Why Buyers Like NMAX

✓Established market leader in Communication Services with deep daily trading liquidity.

Bear Case: What Could Go Wrong

!Company executives have done more routine share selling than personal cash buying lately.
!Sensitive to high interest rates and tighter Federal Reserve market liquidity.
!Recent SEC filings added new risk-factor disclosures that warrant keeping an eye on margins.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring NMAX)

✓Walkthrough of NMAX's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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NMAX // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +34.97%🛡️ HOLDING TREND SUPPORT

2026-11-03O $8.10H $8.10L $7.99C $7.99VOL 1.10M

RES: $13.66SUP: $7.71SMA50: $9.91SMA200: $8.01

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

NMAX Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 NMAX Butterfly Map → + Track NMAX →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

8.0%/yr Implied 5Y Growth

vs. +10.7% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on NMAX today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for NMAX. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for NMAX today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (NMAX)

Communication Services Rank #123 of 132 ⚔️ SBGI vs NMAX Full Matrix →

1. Head-to-Head Communication Services Peer Comparison (NMAX vs. SBGI, TV, EVC, GTN)

Industry: Broadcasting (24 Tracked Issuers)

Across 132 tracked Communication Services securities in the Roarable RQD universe, Newsmax Inc. (Class B) (NMAX) ranks #123 by composite RQD confidence (25/100, grade E) and #64 by equity capitalization ($1.04B). Within this direct 5-issuer industry benchmark cohort, NMAX leads on earnings valuation at N/A trailing P/E, while SBGI leads on capital efficiency and profitability with 85.0% ROIC and — gross margin. SBGI currently holds the highest overall quantitative score in the immediate peer group at 49/100 (D) compared with NMAX at 25/100 (E).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
NMAX ACTIVE Newsmax Inc. (Class B)	E	25/100	—	39.3%	-35.0%	-0.99%	$1.04B	Benchmark Subject
SBGI Sinclair Inc. (Class A)	D	49/100	—	—	85.0%	+1.33%	$925.7M	/sbgi-vs-nmax →
TV Grupo Televisa S.A.B.	D	44/100	—	—	—	-3.35%	$1.29B	/tv-vs-nmax →
EVC Entravision Communications Corporation	E	25/100	—	58.9%	-35.0%	+5.91%	$562.0M	/evc-vs-nmax →
GTN Gray Media Inc.	D-	38/100	—	—	4.1%	+3.56%	$462.4M	/gtn-vs-nmax →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2024–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0002026478 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Newsmax Inc. (Class B) (NMAX) reported GAAP revenue of $189.3M (+10.7% vs. FY2024 revenue of $171.0M ) , GAAP net income of -$99.5M, operating cash flow of -$104.5M, and free cash flow of -$107.1M (-115.6% YoY). On the balance sheet, NMAX closed FY2025 with $239.8M in total assets against $0 in total debt (Altman Z-Score: 2.76, Piotroski F-Score: 3/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$189.3M	-$99.5M	-$104.5M	-$107.1M	$239.8M	—
FY2024 (FY)	2024-12-31	$171.0M	-$72.2M	-$48.7M	-$49.7M	$146.1M	—

3. NMAX Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is NMAX stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does NMAX compare to SBGI and TV in the Communication Services sector?

What are the biggest fundamental strengths and SEC risk factors for NMAX?

Where is NMAX trading relative to its 50-day, 200-day, and 52-week technical levels?

NMAX last traded at $7.99 (-0.99% on volume of 647,900 shares), positioning the stock -19.37% below its 50-day simple moving average ($9.91) and -0.25% below its 200-day simple moving average ($8.01). Across its 52-week range of $5.11 to $12.11, NMAX sits at the 41.1% percentile with a 14-day RSI of 32.0 (OVERSOLD (<32)) and an implied next-earnings move of ±8.7% ($7.29 to $8.69).

Direct Sub-Reports: NMAX RQD Cockpit NMAX 12M Forecast NMAX Earnings & Move NMAX Dividends & DRIP NMAX Insiders & 13F NMAX Whale Options NMAX Profit Sankey NMAX News & Why

ROARABLE RATING BRIEF • RQD 25/100 (E) ✓ SEC XBRL & RQD VERIFIED

NMAX — Newsmax Inc. (Class B): What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Newsmax Inc. (Class B) (NMAX) earns a live Roarable RQD composite score of 25/100, corresponding to a E letter grade (Roarable Strong Sell) at a spot price of $7.99 (-0.99% 1D, market capitalization $1.04B).

Fundamental Cash Engine (4/20): Anchored by return on invested capital (ROIC) of -35.0%, gross margin of 39.3%, operating margin of -52.8%, and free cash flow yield of -10.24%.
Whale 13F & Options Flow (5/20) + Insider Conviction (3/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (9/20) + Forensic Balance Sheet (4/20): Incorporates a 1.00x equity beta, Altman Z-Score of 2.76, Piotroski F-Score of 3/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

Newsmax Inc. (Class B) (NMAX) is a NYSE-listed issuer in the Communication Services sector, operating within the Broadcasting industry. Reported revenue of $189.3M for FY 2025 indicates a material operating business, .

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Newsmax Inc. (Class B) (NMAX) reported $189.3M in annual revenue (up from $171.0M in FY2024, +10.7% YoY) and -$99.5M in GAAP net income. Over the multi-year SEC filing window from FY2024 ($171.0M revenue, -$72.2M net income) through FY2025, NMAX scaled operating cash flow to -$104.5M and free cash flow to -$107.1M, backed by $239.8M in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (E • RQD 25/100): Established market leader in Communication Services with deep daily trading liquidity. Free cash flow yield of -10.24% and institutional whale pillar of 5/20. With Fundamental Cash Engine at 4/20 and Institutional Whale Flow at 5/20, sustained execution supports upside toward the upper end of the $5.11 – $12.11 52-week range.
🐻 Primary Bear Case & Valuation Risk: Company executives have done more routine share selling than personal cash buying lately. Investors must weigh current valuation against -52.8% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Upstream and downstream dependencies, sector correlations, and second-order bottlenecks cannot be identified from the provided data.

Key Question #1: Can NMAX sustain or expand its -52.8% operating margin and -35.0% ROIC against Broadcasting peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $189.3M and free cash flow of -$107.1M, how will capital allocation balance growth reinvestment against $0 in total debt?
Key Question #3: How sensitive is NMAX's equity valuation to Communication Services capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

NMAX Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Newsmax Inc. (Class B) (NMAX) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to NMAX Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo! Finance Canada • 21h ago

Newsmax, Inc. (NMAX) Stock Price, News, Quote & History

Yahoo! Finance Canada report covering Newsmax Inc. (Class B) (NMAX) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE The Motley Fool • 1d ago

How to Buy Newsmax Stock (NYSE:NMAX)

The Motley Fool report covering Newsmax Inc. (Class B) (NMAX) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE ChartMill • 1d ago

NEWSMAX INC (NMAX) Stock Chart

ChartMill report covering Newsmax Inc. (Class B) (NMAX) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH Simply Wall St • 1d ago

Why Did Newsmax (NMAX) Stock Drop And Still Draw Attention?

Simply Wall St report covering Newsmax Inc. (Class B) (NMAX) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Moomoo • 1d ago

NMAX 261030 7.50P (NMAX261030P7500) Stock Options Chain | Quotes & News

Moomoo report covering Newsmax Inc. (Class B) (NMAX) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE MarketBeat • 1d ago

Newsmax (NYSE:NMAX) Stock Price Down 5.6% - Here's What Happened

MarketBeat report covering Newsmax Inc. (Class B) (NMAX) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingView • 1d ago

Freedom Capital Markets initiates coverage of Newsmax with Hold rating, $10 price target

TradingView report covering Newsmax Inc. (Class B) (NMAX) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Newsmax • 1d ago

RPT-Wall St Week Ahead-Midterm US Elections, Earnings, Jobs Data Loom for AI-wary Stock Market

Newsmax report covering Newsmax Inc. (Class B) (NMAX) market action, institutional positioning, and fundamental catalysts.

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🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

NMAX Bull vs. Bear Conversation Board — What's Your Call at $7.99?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON NMAX 🐻 33% BEARISH CONVICTION

MI MidwestValue RQD DEBATE OPENER • Fundamental Long-Only 🐂 BULLISH 🎯 Target: $9.60 (+19.0%)

📌 Pinned Debate

Beta of 1.0 and a 9/20 macro-regime pillar indicate the stock is not structurally more volatile than the market, and it trades 33% abov

Don't sleep on NMAX's setup in Communication Services. Beta of 1.0 and a 9/20 macro-regime pillar indicate the stock is not structurally more volatile than the market, and it trades 33% above its 52-week low of $5.11.. Beta of 1.0 means it moves fast when momentum turns, and the 5-pillar RQD gauge (25/100) backs up the fundamental quality.

CapAlloc_Nerd 🐂 BULL

@MeanReversion_88 Fair point on current EV/EBITDA multiples, but you're ignoring the forward operating leverage in Broadcasting. If gross margin (39.3%) holds, EPS grows into the multiple faster than bears think.

ME MeanReversion_88 RQD DEBATE OPENER • Quantitative Statistical Arb 🐻 BEARISH 🎯 Target: $6.29 (-22.1%)

Spot @ $8.07

A -35% ROIC, -10.24% FCF yield, and FY 2025 net loss of -$99.5M on $189.3M revenue show the business is consuming cash rather than gene

Sitting on the sidelines or leaning short NMAX above $8.07. A -35% ROIC, -10.24% FCF yield, and FY 2025 net loss of -$99.5M on $189.3M revenue show the business is consuming cash rather than generating it.. Until Fundamental Cash Engine (4/20) and FCF yield (-10.24%) inflect higher, upside is capped near $12.11.