Newsmax: Still Not Cheap Enough [Seeking Alpha]
Newsmax, Inc. Class B (NMAX)
Company Research
Source: Seeking Alpha
NMAX's path to meaningful upside requires aggressive affiliate fee increases, robust advertising growth, and rapid scaling of its nascent streaming business. Current EBITDA is near zero; to double valuation, NMAX must deliver $250M–$500M in incremental EBITDA, a scenario demanding near-flawless execution. Even with solid operational execution, the challenging industry backdrop and aggressive valuation make the risk/reward profile unattractive at current levels. varunyu suriyachan/iStock via Getty Images Since its initial public offering in March of last year, the core problem for Newsmax ( NMAX ) stock has been simple: it's growing nicely in an industry that no one wants to own. Versant ( This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not r
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- ‘Reinterpreting Rules…To Stifle Us’: Kimmel And Colbert React To FCC ‘Equal Time’ Notice [Forbes]Forbes
- Newsmax Statement on Passing of Michael Reagan [Yahoo! Finance]Yahoo! Finance
- Newsmax Statement on Passing of Michael ReaganBusiness Wire
- Michael Reagan, President Ronald Reagan eldest son, dies at 80 [USA TODAY]USA TODAY
- Newsmax Expands in Europe, Mid-East with Major Distribution Deals [Yahoo! Finance]Yahoo! Finance