In a year with few IPOs, Newsmax (NYSE: NMAX), a conservative media network, gained attention. The stock soared to $265 a share after its IPO, but has since dropped to around $12. Newsmax reported revenue growth of 11.6% in the first quarter, reaching 33.6 million viewers. The company reported an EBITDA loss of $1.2 million and a GAAP loss of $17.2 million. Newsmax stock is trading at a higher valuation compared to peers like Fox Corporation and Sinclair. Despite revenue growth, Newsmax remains unprofitable and may not be a good investment currently.

Before investing in Newsmax, consider that the Motley Fool Stock Advisor did not recommend it as one of the 10 best stocks to buy right now. The top 10 stocks identified by the analyst team have historically produced significant returns. As of August 4, 2025, Stock Advisor’s total average return is 1,060%, outperforming the S&P 500. It may be wise to explore other investment options given Newsmax’s current financial situation.

Read more at Nasdaq: Is Newsmax Stock a Buy Now?