New York Times (NYSE:NYT) Rating Increased to Buy at Wall Street Zen

New York Times (NYSE:NYT - Get Free Report) was upgraded by analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.

Several other equities research analysts have also recently issued reports on NYT. Citigroup lifted their price objective on shares of New York Times from $77.00 to $94.00 and gave the company a "buy" rating in a research report on Tuesday, March 24th. JPMorgan Chase & Co. lifted their price objective on shares of New York Times from $71.00 to $74.00 and gave the company an "overweight" rating in a research report on Thursday, February 5th. Evercore reiterated an "outperform" rating and set a $92.00 price objective on shares of New York Times in a research report on Thursday. Guggenheim raised their target price on shares of New York Times from $63.00 to $70.00 and gave the company a "neutral" rating in a report on Thursday. Finally, Bank of America started coverage on shares of New York Times in a report on Wednesday, April 22nd. They issued a "neutral" rating and a $84.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, New York Times has a consensus rating of "Moderate Buy" and an average target price of $80.78.

New York Times Price Performance

New York Times stock opened at $79.42 on Friday. The stock has a market cap of $12.81 billion, a P/E ratio of 34.09, a PEG ratio of 2.11 and a beta of 0.98. New York Times has a 1 year low of $51.03 and a 1 year high of $87.10. The firm's 50 day moving average price is $81.14 and its 200-day moving average price is $72.15.

New York Times (NYSE:NYT - Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.12. The firm had revenue of $712.24 million for the quarter, compared to analysts' expectations of $699.93 million. New York Times had a net margin of 13.18% and a return on equity of 22.02%. The company's revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.41 earnings per share. As a group, equities analysts expect that New York Times will post 2.85 EPS for the current year.

Insider Buying and Selling at New York Times

In other New York Times news, CAO R Anthony Benten sold 1,913 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $73.57, for a total transaction of $140,739.41. Following the completion of the sale, the chief accounting officer directly owned 37,772 shares of the company's stock, valued at approximately $2,778,886.04. This represents a 4.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP William Bardeen sold 13,000 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.56, for a total transaction of $1,034,280.00. Following the sale, the executive vice president directly owned 18,681 shares of the company's stock, valued at approximately $1,486,260.36. The trade was a 41.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 27,913 shares of company stock valued at $2,214,369. 1.90% of the stock is currently owned by insiders.

Institutional Trading of New York Times

Several hedge funds have recently modified their holdings of the company. Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of New York Times by 4.2% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,366 shares of the company's stock valued at $282,000 after buying an additional 135 shares during the last quarter. Andina Capital Management LLC increased its holdings in shares of New York Times by 1.7% during the fourth quarter. Andina Capital Management LLC now owns 8,814 shares of the company's stock valued at $612,000 after acquiring an additional 147 shares in the last quarter. Jackson Thornton Wealth Management LLC increased its holdings in shares of New York Times by 3.5% during the fourth quarter. Jackson Thornton Wealth Management LLC now owns 4,355 shares of the company's stock valued at $302,000 after acquiring an additional 148 shares in the last quarter. Bessemer Group Inc. increased its holdings in shares of New York Times by 34.4% during the first quarter. Bessemer Group Inc. now owns 687 shares of the company's stock valued at $58,000 after acquiring an additional 176 shares in the last quarter. Finally, Figure 8 Investment Strategies LLC increased its holdings in shares of New York Times by 1.7% during the third quarter. Figure 8 Investment Strategies LLC now owns 11,226 shares of the company's stock valued at $644,000 after acquiring an additional 185 shares in the last quarter. 95.37% of the stock is owned by hedge funds and other institutional investors.

New York Times News Roundup

Here are the key news stories impacting New York Times this week:

• Positive Sentiment: Zacks upgraded New York Times Company (NYT) to a Buy, citing improving earnings prospects and signaling more optimism about near-term performance. New York Times (NYT) Upgraded to Buy: Here's Why
• Positive Sentiment: The company’s Q1 2026 results beat expectations, with revenue up 12% year over year, digital ad growth of 31.6%, and 310,000 net digital-only subscriber additions, reinforcing the strength of its digital growth story. The New York Times Q1 Earnings Beat on Digital Ads, Subscriber Growth
• Neutral Sentiment: Guggenheim raised its price target on NYT to $70 from $63, but kept a neutral rating, suggesting the shares may already reflect much of the recent good news. Benzinga report on Guggenheim price target increase
• Neutral Sentiment: Several recent New York Times articles focused on politics, war, tariffs, and public policy; these are part of the newsroom’s normal coverage and do not directly change NYT’s fundamentals. The New York Times

New York Times Company Profile

The New York Times Company is a publicly traded media organization best known for publishing The New York Times newspaper and operating the NYTimes.com digital platform. The company produces daily print and digital journalism covering national and international news, opinion pieces, feature stories, and multimedia content. Alongside its flagship newspaper, the firm offers a range of subscription-based services, including Times Cooking, NYT Games, podcasts and newsletters, designed to engage a broad audience of readers and advertisers.

Founded in 1851 by Henry Jarvis Raymond and George Jones, The New York Times has built a reputation for in-depth reporting and investigative journalism.

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