Newsmax (NMAX) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.12
- Estimate
- -$0.01
- Surprise
- +1300.0%
- Revenue (period 2026-09-30)
- $69.0M
- Score at report (before → after)
- 5.0 → 6.4/10
Revenue source: xbrl.
How the report landed
Newsmax (NMAX) beat the -$0.01 estimate with adjusted EPS of $0.12 — a large 1300.0% upside surprise. TrendMatrix's engine moved from Sell (5.0/10) to Buy (Wait) at 6.4/10 after the report.
Coverage in the report window
- Newsmax Delivers Its Strongest Quarter Since Going Public — benzinga, 2026-11-13
- Freedom Capital Markets Upgrades Newsmax to Buy, Maintains Price Target to $10 — benzinga, 2026-11-13
- CORRECTION: Newsmax Affirms FY2026 Underlying Sales Guidance of $212.000M-$216.000M vs $214.767M Est — benzinga, 2026-11-12
Where TrendMatrix's rating stands now
TrendMatrix currently rates NMAX Buy (Wait) at 6.5/10.
3 of the last 4 quarters beat the estimate; this quarter's +1300.0% surprise compares with a +458.5% four-quarter average. Next scheduled report: 2027-03-25.
What supports the rating
- Strong earnings beat streak (3/4)
- Positive news sentiment (+0.62)
What argues against it
- Earnings estimates trending DOWN
- Value-trap signals (2/5): Margin compression (op margin 2.8%), Material insider selling (13 sells, 0.50% of cap)
- News modifier +1: HOLD_IF_HOLDING → STRONG_BUY_WAIT
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $9.58
- Entry target
- $9.45
- Price target
- $13.32
- Stop
- $8.79
- Upside to target
- +39.0%
- Reward-to-risk
- 2.6:1
The stock trades at 319.3× trailing but 136.9× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: trading volume is running 5.4× its average — elevated turnover around the report window.
Model outputs from TrendMatrix’s engine as of 2026-11-15 — shown for context, not personalized investment advice.
NMAX at TrendMatrix's latest read
Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.
- Industry
- Broadcasting
- Market cap
- $1.24B
- P/E (fwd)
- 136.9
- P/E (ttm)
- 319.3
- 52-week range
- $5.11–$12.11
- Off 52-week high
- 20.9%
- RSI (14)
- 68
- Volume vs avg
- 5.40×
- Score today
- 6.5/10