S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
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This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
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Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
NYSE:NEWR

New Relic (NEWR) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$86.97
$87.01
50-Day Range
$85.43
$86.99
52-Week Range
$50.30
$87.01
Volume
4.22 million shs
Average Volume
1.04 million shs
Market Capitalization
$6.18 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$85.67

New Relic MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.5% Downside
$85.67 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-0.63
Upright™ Environmental Score
News Sentiment
0.32mentions of New Relic in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.71) to ($0.40) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.65 out of 5 stars

Computer And Technology Sector

562nd out of 597 stocks

Prepackaged Software Industry

191st out of 206 stocks


NEWR stock logo

About New Relic Stock (NYSE:NEWR)

New Relic, Inc., a software-as-a-service company, delivers a software platform for customers to collect telemetry data and derive insights from that data in a unified front-end application. It offers a suite of products on its open and extensible cloud-based platform, which enables users to collect, store, and analyze telemetry data. The company's platform also provides New Relic Instant Observability, an open-source ecosystem of quickstarts that delivers pre-built integrations, dashboards, and alerts for approximately 450 technologies and frameworks; and supports custom app development through common open-source frameworks, a library of existing applications, and a development environment. It sells its products through direct sales organizations, and online and offline sales in the United States and internationally. New Relic, Inc. was founded in 2007 and is headquartered in San Francisco, California.


NEWR Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Art: Relic
The Press: Liberal Relic
See More Headlines
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Company Calendar

Last Earnings
10/27/2023
Today
3/03/2024
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Employees
2,663
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$85.67
High Stock Price Target
$87.00
Low Stock Price Target
$75.00
Potential Upside/Downside
-1.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
10 Analysts

Profitability

Net Income
$-180,250,000.00
Pretax Margin
-12.73%

Debt

Sales & Book Value

Annual Sales
$925.63 million
Book Value
$5.46 per share

Miscellaneous

Free Float
54,688,000
Market Cap
$6.18 billion
Optionable
Optionable
Beta
0.84
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NEWR Stock Analysis - Frequently Asked Questions

Should I buy or sell New Relic stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New Relic in the last year. There are currently 10 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NEWR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NEWR, but not buy additional shares or sell existing shares.
View NEWR analyst ratings
or view top-rated stocks.

What is New Relic's stock price target for 2024?

10 analysts have issued 12 month target prices for New Relic's shares. Their NEWR share price targets range from $75.00 to $87.00. On average, they predict the company's share price to reach $85.67 in the next year. This suggests that the stock has a possible downside of 1.5%.
View analysts price targets for NEWR
or view top-rated stocks among Wall Street analysts.

How were New Relic's earnings last quarter?

New Relic, Inc. (NYSE:NEWR) released its earnings results on Friday, October, 27th. The software maker reported $0.51 EPS for the quarter, beating the consensus estimate of $0.39 by $0.12. The software maker earned $242.80 million during the quarter, compared to analysts' expectations of $250.58 million. New Relic had a negative net margin of 14.92% and a negative trailing twelve-month return on equity of 12.82%. The business's revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.13 earnings per share.

What is Lew Cirne's approval rating as New Relic's CEO?

441 employees have rated New Relic Chief Executive Officer Lew Cirne on Glassdoor.com. Lew Cirne has an approval rating of 86% among the company's employees.

What other stocks do shareholders of New Relic own?

Based on aggregate information from My MarketBeat watchlists, some companies that other New Relic investors own include NVIDIA (NVDA), Adobe (ADBE), Block (SQ), PayPal (PYPL), Okta (OKTA), Alibaba Group (BABA), Cisco Systems (CSCO), Micron Technology (MU), Trade Desk (TTD) and Walt Disney (DIS).

When did New Relic IPO?

(NEWR) raised $95 million in an initial public offering (IPO) on Friday, December 12th 2014. The company issued 5,000,000 shares at $18.00-$20.00 per share. Morgan Stanley and J.P. Morgan served as the underwriters for the IPO and Allen & Company, UBS Securities, JMP Securities and Raymond James were co-managers.

Who are New Relic's major shareholders?

New Relic's stock is owned by many different retail and institutional investors. Top institutional investors include GTS Securities LLC (0.00%), Parallax Volatility Advisers L.P. (0.00%), Citadel Advisors LLC (0.00%), Concourse Financial Group Securities Inc. (0.00%) and Simplex Trading LLC (0.00%). Insiders that own company stock include David Barter, Jana Partners Llc, Kristy Friedrichs, Lewis Cirne, Mark Dodds, Mark Sachleben, Radhakrishnan Mahendran, Steve Hurn, Thomas J Lloyd, Thomas J Lloyd and William Staples.
View institutional ownership trends
.

This page (NYSE:NEWR) was last updated on 3/3/2024 by MarketBeat.com Staff