Conservative U.S. news television network and digital media outlet offering political commentary.Yahoo Finance ↗newsmax.com ↗
1 take · first discussed Apr 5, 2025
Every call, plotted at the price the day they made it.
The sole view provided comes from guest Shapiro, who is bearish on Newsmax with medium conviction. Shapiro characterizes the stock's IPO surge as a retail-driven meme trade — comparable to GameStop — rather than a fundamentals-based move, arguing that its valuation multiples are irrational and unsustainable. He expects the stock to revert to a more normalized valuation, ultimately settling at a $2–4 billion market cap well below its peak. No other hosts offered views on Newsmax, so no cross-host agreement or disagreement can be assessed.
Shapiro argues Newsmax's IPO pop was a GameStop-style retail-driven meme trade with absurd PE ratios that will revert, estimating the stock ultimately settles at a $2–4 billion market cap well below its peak.
I think the PE ratios on the Newsmax trade are, are, you know, ridiculous in the sense that it's going to revert back to something closer to normalcy... it's more like GameStop than anything else.”1:51:44