Newsmax (NMAX +0.46%) made its own news headlines in early 2025. The conservative TV news network's stock price skyrocketed after completing its initial public offering (IPO).
NYSE: NMAX
Key Data Points
The company priced its IPO at $10 per share. The stock jumped more than 700% on its first day of trading in late March, closing at $83.51 per share. It continued soaring the next day, more than doubling again at one point and pushing its market capitalization to almost $17 billion.
Stock
Since then, however, the stock price has dropped and hovered around $10 for much of the year, and the market cap sits at $862 million as of late 2025. For investors wondering how they can buy the stock, this guide will show you how to invest in Newsmax stock and everything you need to know about investing in the media company.
How to buy Newsmax stock
As a publicly traded company, anyone can buy shares of Newsmax through a brokerage account or online trading platform. Here's a step-by-step guide on how to add the stock to your portfolio.
- Open your brokerage account: Log in to your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
Should I invest in Newsmax?
Here are some reasons you might want to invest in Newsmax stock:
- You want to invest in a company that promotes conservative values.
- You believe the stock will regain value as Newsmax grows its revenue and eventually starts making money.
- You're comfortable with buying a stock that could be very volatile.
- You understand the risks of investing in an IPO stock that's not yet profitable, including that you could lose most or all of your investment if it can't turn the corner on profitability.
- You don't need dividend income right now.
Conversely, here are some reasons investing in Newsmax might not be right for you:
- The values Newsmax promotes don't line up with yours.
- You're in or nearing retirement and need investments that produce dividend income.
- You're concerned about Newsmax's financials, including that it's losing a lot of money.
- You don't want to invest in what could be a very volatile stock.
- You're worried that Newsmax stock could continue falling if it sells additional shares to raise more cash to fund its business.
Is Newsmax profitable?
Profit growth tends to be the primary factor that drives a stock's performance over the long term. With that in mind, here's a look at Newsmax's finances.
Newsmax has several revenue streams. In the quarter ending June 30, 2025, the company generated $46.4 million in revenue, with around two-thirds of it coming from advertising. Other streams included subscriptions, affiliate fees, and product sales.
However, after factoring in expenses, the company reported a net loss of more than $75 million for the quarter. Despite an 18% rise in revenue from the same quarter the prior year, that was a staggering 1,457% more than it lost the prior year.
Meanwhile, the company's business burned through cash last year. It used $39 million in cash to support its operating activities and another $104.4 million for investing activities.
Newsmax will eventually need to reach profitability so that it can use its retained earnings to fund its growth. The longer it takes the company to start making money, the more pressure it could put on the stock price.
Does Newsmax pay a dividend?
No, Newsmax doesn't pay a dividend or anticipate paying one for the foreseeable future. The company isn't profitable and needs to raise capital from investors to fund its operations and growth.
ETFs with exposure to Newsmax
Being an active stock picker and managing a portfolio of stocks isn't for everyone. Those who prefer a more passive investing approach could consider investing in an exchange-traded fund (ETF) to gain exposure to the trends driving Newsmax's growth.
Exchange-Traded Fund (ETF)
The bottom line on Newsmax
Newsmax burst onto the investing scene in early 2025 with its hyperbolic but brief post-IPO surge. The stock hasn't been able to sustain those highs, however.
IPO stocks are notoriously volatile, and Newsmax is riskier than most due to its deep losses. Because of that, investors should be cautious about buying Newsmax stock and make sure they understand the risks before buying shares.
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