If you’ve spent any time looking at the NMAX stock price chart lately, you’ve probably noticed it looks like a mountain range that suddenly turned into a flat valley. Honestly, it’s been a wild ride. We’re talking about Newsmax Inc., a company that somehow managed to turn its March 2025 IPO into one of the most chaotic stock market stories of the last couple of years.
One day you're at the top of the world. The next? You're scraping the bottom.
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Most people look at the ticker and see a "failed" IPO because the price sits around $7.96 today, which is a far cry from the triple-digit insanity we saw during the first 48 hours of trading. But the chart tells a much more nuanced story than just "it went down." It’s a case study in retail hype, conservative media influence, and the cold, hard reality of quarterly earnings reports.
The NMAX Stock Price Chart: Anatomy of a Crash (and a Crawl)
To understand where Newsmax is going, you have to look at where it started. The company priced its IPO at $10 per share on March 31, 2025. By the end of that first day, the stock had rocketed to $83.51. That’s a 700% jump in a few hours.
It didn't stop there.
On April 1, 2025, the stock hit an all-time high of $265.00. It sounds fake, right? It wasn't. For a brief moment, Newsmax had a market cap that rivaled much larger, more established media conglomerates. But as the old saying goes: what goes up fast usually comes down even faster. Within days, the air started leaking out of the balloon.
By late 2025, the stock had settled back into the $10 range. As of January 2026, we’re seeing it hover near its 52-week low of **$7.31**. If you bought at the top, it’s been a nightmare. But if you’re looking at the chart now, you’re seeing something different: stabilization.
Recent Price Action: January 2026
In the last few weeks, the volatility has actually started to chill out.
- January 2, 2026: Opened at $7.88.
- January 13, 2026: Dipped to a local low of $7.49.
- January 16, 2026: Recovered slightly to close at $7.96.
This is a "basing" pattern. In technical analysis, this is what you want to see if you're looking for a bottom. The daily swings are getting smaller. Volume is lower—around 953,000 shares compared to the millions that moved during the IPO craze. Basically, the "weak hands" are out, and the people left are the long-term believers or institutional bag holders.
Why the Chart Looks This Way (The "Dominion" Effect)
You can't talk about the NMAX stock price chart without talking about the legal drama. Newsmax was carrying a massive weight on its shoulders: a defamation lawsuit from Dominion Voting Systems.
In August 2025, the company announced a settlement. The market loved it. For a brief window, shares surged 15% because the "existential threat" to the company was gone. But once the dust settled, investors realized that while the lawsuit was gone, the bills were still there.
The Financial Reality
Newsmax missed its Q2 2025 earnings by a mile. Analysts expected a loss of about $0.02 per share; instead, they got a loss of **$0.59 per share**. That’s a 2850% miss. Ouch.
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The company is currently generating about $184 million in annual revenue, but it’s spending way more than that to keep the lights on and compete with giants like Fox News and CNN. Its Return on Equity (ROE) is currently sitting at a staggering -234.08%. That is a number that keeps institutional investors up at night.
Is the "Moderate Buy" Rating for Real?
Here is the weird part. Despite the chart looking like a disaster, analysts like those at Maxim Group and eToro still have a "Moderate Buy" consensus on the stock. Maxim Group even set a price target of $20.00.
Why? It’s all about the 2026 election cycle.
Historically, news networks see a massive spike in viewership (and ad revenue) during election years. Newsmax has been busy expanding its footprint to prepare:
- YouTube TV: They just renewed their carriage agreement in December 2025.
- International Expansion: They’ve signed deals in France and Israel recently.
- Hotel Distribution: A deal to put the channel in 300,000 hotel rooms across the U.S.
If you believe the 2026 election will drive a "Trump Media" style rally, then the current price of under $8 looks like a steal compared to that $20 target. But that’s a big "if."
Technical Indicators: What the Bots Are Doing
If you’re a day trader, the chart signals are mixed. Kinda confusing, actually.
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- RSI (14-day): 64.35. This is approaching "overbought" territory, which means the recent little rally from $7.31 to $7.96 might be running out of steam.
- Moving Averages: The 50-day moving average is around $7.65. Since the price is currently above that, the short-term trend is technically "up." However, the 200-day moving average is way up at $8.50. Until NMAX can break and stay above $8.50, the long-term trend remains bearish.
- MACD: 0.09. This is a subtle buy signal, showing that momentum is slowly shifting toward the bulls.
The Comparison Game: NMAX vs. DJT vs. NYT
It’s tempting to group NMAX with Trump Media (DJT) or Rumble, but it’s a different beast. Unlike DJT, which often trades purely on political sentiment, Newsmax has a more traditional cable-business model.
| Metric | Newsmax (NMAX) | New York Times (NYT) |
|---|---|---|
| Market Cap | ~$1.02 Billion | ~$9 Billion |
| Revenue Growth | 12.6% (est) | ~5-7% |
| Profitability | Negative | Positive |
Newsmax is growing its revenue faster than the industry average (12.6% vs 10.5%), but it’s nowhere near profitable. That is the hurdle. The chart won't recover for real until that "Earnings" line on the spreadsheet starts moving toward zero.
Actionable Insights for the Cautious Investor
So, what do you actually do with this information? If you're staring at the NMAX stock price chart wondering if it's time to jump in, keep these points in mind:
- Watch the $7.30 Support: This is the line in the sand. If the stock drops below the 52-week low of $7.31, there’s no telling how far it could fall because there’s no "historical floor" beneath it.
- The $8.50 Resistance: This is the "breakout" level. If NMAX can close above its 200-day moving average of $8.50 on high volume, it could trigger a run back toward $12 or even $15.
- Consider the Cycle: Newsmax is a play on the 2026 election. If you aren't prepared to hold through the political volatility of the next 10 months, this stock will likely stress you out.
- Diversify with ETFs: If you like the sector but hate the individual stock risk, Newsmax has started appearing in small-cap ETFs like the iShares Russell 2000 (IWM). It’s a way to get exposure without the 80% drawdown risk.
Honestly, the NMAX chart right now is a waiting game. The hype is dead, the lawsuits are settled, and now the company just has to prove it can actually make money. Until then, expect more "flat valley" movement with the occasional political spike.
Next Steps for You:
Check the current volume on your brokerage app. If you see NMAX trading over 2 million shares in a single day while the price is rising, that’s your signal that the big players are finally moving back in. Otherwise, it's just a quiet wait for the next election cycle to kick into gear.