Why is NMAX down?
Down 23% so far from Oct 8 to Nov 2.
- Newsmax fell 23% so far from Oct 8 to Nov 2 while TV broadcasting stocks fell a median 2%:
Down 23% so far from Oct 8 to Nov 2.
NMAX's Quality Score rose 1 point on Fri, Oct 30, to 1. Traded heavy volume (2 chart checks started).
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| Holding it back | Margin down 3.8 points |
| Latest filing | 10-Q, Aug 13 |
After its last 4 reports it closed +2.5% on average, higher 2 of 4 times.
Below Averagefor quality, not price, 4 of 14 chart checks firingWhat the Quality Score means
NMAX is #10 of 13 by Quality Score among Television Broadcasting Stations.
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Reports Thu Nov 12, after the close (in 10 days). Confirmed.
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
The figures are not read from the release yet.
“Top-line growth primarily driven by affiliate fee expansion, reflecting rate increases and new distribution channels, along with licensing partnerships”
NMAX's results filing gives no sales by line in a table we read.
| Measure | Figure |
|---|---|
| Total revenue | $212M to $216M |
“Expect improved profitability profile driven by operating leverage and reduced non-recurring legal and public company transition expenses”
From its results filing (SEC filing · Aug 13)
| Reported | Gap | Reaction | 5 sessions |
|---|---|---|---|
| Aug 13, 2026 | +4.3% | +14.5% | +14.5% |
| May 14, 2026 | -9.1% | +4.0% | +6.7% |
| Mar 26, 2026 | +15.4% | -1.7% | -5.0% |
Sales grew in 2025, to $189M. It lost money in both years.
One insider sold $6.2M across 13 filings in the last 6 months. No open-market buys on record. The newest:
In ETFs: NMAX is under 0.1% of VTI, the most of the 24 funds Breakaway covers, by their holdings as filed for Jun 30, 2026.
Newsmax Inc is a multi-platform media company. The company provides original news and lifestyle updates from its linear cable television and over-the-top (OTT) news channels, websites, proprietary database, publishing products, and e-commerce products. It uses original news and editorial content to draw large numbers of readers to its media outlets to sell advertising, print, and online information products. The company's business operations are conducted through two operating segments: Broadcasting and Digital. Maximum revenue is generated from the Broadcasting segment, which produces and licenses news, business news, and lifestyle content for distribution through cable television systems, direct broadcast satellite operators, and telecommunication companies, mainly in the United States.
“Cable network programming is a highly competitive business.”
NMAX scores 1 today, which Breakaway calls Below Average. It is #10 of 13 in Television Broadcasting Stations by Quality Score, with 4 of 14 chart checks firing. Down 23% so far from Oct 8 to Nov 2. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
NMAX scores 1 today, which Breakaway calls Below Average (0 to 5). That is #10 of 13 in Television Broadcasting Stations by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind NMAX's 1.
One insider sold $6.2M across 13 filings in the last 6 months. No open-market buys on record. The newest is Conyers Investments Llc, 10% owner, who sold $24K on Sep 25. Every filing, with the scored weight, for Pro members.
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