S&P 500   3,914.30 (-0.24%)
DOW   31,321.74 (-0.53%)
QQQ   291.07 (-0.02%)
AAPL   137.52 (-2.34%)
MSFT   253.57 (-0.20%)
FB   192.44 (+0.10%)
GOOGL   2,211.34 (-1.19%)
AMZN   2,163.53 (+0.99%)
TSLA   714.73 (+0.69%)
NVDA   173.73 (+2.57%)
BABA   88.32 (+1.16%)
NIO   16.77 (+5.94%)
AMD   98.54 (+2.35%)
CGC   5.95 (+6.44%)
MU   70.28 (-1.08%)
T   20.15 (-0.40%)
GE   75.78 (+0.77%)
F   12.99 (+1.64%)
DIS   103.75 (-0.53%)
AMC   12.95 (+1.49%)
PFE   50.38 (-0.04%)
PYPL   81.51 (+5.61%)
NFLX   185.04 (+4.43%)
S&P 500   3,914.30 (-0.24%)
DOW   31,321.74 (-0.53%)
QQQ   291.07 (-0.02%)
AAPL   137.52 (-2.34%)
MSFT   253.57 (-0.20%)
FB   192.44 (+0.10%)
GOOGL   2,211.34 (-1.19%)
AMZN   2,163.53 (+0.99%)
TSLA   714.73 (+0.69%)
NVDA   173.73 (+2.57%)
BABA   88.32 (+1.16%)
NIO   16.77 (+5.94%)
AMD   98.54 (+2.35%)
CGC   5.95 (+6.44%)
MU   70.28 (-1.08%)
T   20.15 (-0.40%)
GE   75.78 (+0.77%)
F   12.99 (+1.64%)
DIS   103.75 (-0.53%)
AMC   12.95 (+1.49%)
PFE   50.38 (-0.04%)
PYPL   81.51 (+5.61%)
NFLX   185.04 (+4.43%)
S&P 500   3,914.30 (-0.24%)
DOW   31,321.74 (-0.53%)
QQQ   291.07 (-0.02%)
AAPL   137.52 (-2.34%)
MSFT   253.57 (-0.20%)
FB   192.44 (+0.10%)
GOOGL   2,211.34 (-1.19%)
AMZN   2,163.53 (+0.99%)
TSLA   714.73 (+0.69%)
NVDA   173.73 (+2.57%)
BABA   88.32 (+1.16%)
NIO   16.77 (+5.94%)
AMD   98.54 (+2.35%)
CGC   5.95 (+6.44%)
MU   70.28 (-1.08%)
T   20.15 (-0.40%)
GE   75.78 (+0.77%)
F   12.99 (+1.64%)
DIS   103.75 (-0.53%)
AMC   12.95 (+1.49%)
PFE   50.38 (-0.04%)
PYPL   81.51 (+5.61%)
NFLX   185.04 (+4.43%)
S&P 500   3,914.30 (-0.24%)
DOW   31,321.74 (-0.53%)
QQQ   291.07 (-0.02%)
AAPL   137.52 (-2.34%)
MSFT   253.57 (-0.20%)
FB   192.44 (+0.10%)
GOOGL   2,211.34 (-1.19%)
AMZN   2,163.53 (+0.99%)
TSLA   714.73 (+0.69%)
NVDA   173.73 (+2.57%)
BABA   88.32 (+1.16%)
NIO   16.77 (+5.94%)
AMD   98.54 (+2.35%)
CGC   5.95 (+6.44%)
MU   70.28 (-1.08%)
T   20.15 (-0.40%)
GE   75.78 (+0.77%)
F   12.99 (+1.64%)
DIS   103.75 (-0.53%)
AMC   12.95 (+1.49%)
PFE   50.38 (-0.04%)
PYPL   81.51 (+5.61%)
NFLX   185.04 (+4.43%)
NYSE:NEWR

New Relic (NEWR) Stock Forecast, Price & News

$47.10
+4.34 (+10.15%)
(As of 05/19/2022 02:04 PM ET)
Add
Compare
Today's Range
$43.23
$47.53
50-Day Range
$42.76
$74.05
52-Week Range
$41.66
$129.70
Volume
30,565 shs
Average Volume
1.36 million shs
Market Capitalization
$3.12 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
0.99
30 days | 90 days | 365 days | Advanced Chart
Receive NEWR News and Ratings via Email

Sign-up to receive the latest news and ratings for New Relic and its competitors with MarketBeat's FREE daily newsletter.

New Relic logo

About New Relic

New Relic, Inc., a software-as-a-service company, provides platform for engineers to plan, build, deploy, and operate software worldwide. It offers a suite of products on its open and extensible cloud-based platform, New Relic One Platform, which enables users to collect, store, and analyze telemetry data flowing through and about their software. The company also provides prebuilt dashboards and visualizations, as well as the ability to search across data types, create customized dashboards, and build applications that can be shared and customized by other users. In addition, it offers customers with software code to add to their applications and infrastructure; open data application performance interfaces, and software development kits, as well as open source connectors and technologies for customers, partners, and third-party developers to extend its platform into their products; cloud-based architecture and big data database; and New Relic Application Performance Monitoring, Mobile, Browser, Synthetics, Infrastructure, and Insights products for analyzing data. Further, the company provides New Relic chart builder, dashboards, and programmability features that allow customers to use connected data to build visuals; New Relic Applied Intelligence to spot abnormal behavior across billions of pieces of data; and New Relic Alerts, which provides a centralized notification system. It sells its products through direct sales organizations, and online and offline sales. The company was founded in 2007 and is headquartered in San Francisco, California.

Headlines

Tesla, Occidental rise; New Relic, Merck fall
Stocks that traded heavily or had substantial price changes Friday: Tesla, Occidental rise; New Relic, Merck fall
New Relic Expands Instant Observability Ecosystem
New Relic Introduces Vulnerability Management
Cowen Trims New Relic (NYSE:NEWR) Target Price to $65.00
See More Headlines

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Employees
2,168
Year Founded
N/A

Sales & Book Value

Annual Sales
$785.52 million
Book Value
$6.56 per share

Profitability

Net Income
$-250.40 million
Pretax Margin
-31.17%

Debt

Price-To-Earnings

Miscellaneous

Free Float
51,616,000
Market Cap
$3.12 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/08/2021
Today
5/19/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
3/31/2023

MarketRank

Overall MarketRank

2.53 out of 5 stars

Computer And Technology Sector

195th out of 923 stocks

Prepackaged Software Industry

50th out of 296 stocks

Analyst Opinion: 3.2Community Rank: 4.7Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 0.6 5 -4 -3 -2 -1 -













New Relic (NYSE:NEWR) Frequently Asked Questions

Is New Relic a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New Relic in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" New Relic stock. 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 analyst ratings for New Relic
or view top-rated stocks.

When is New Relic's next earnings date?

New Relic is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for New Relic
.

How were New Relic's earnings last quarter?

New Relic, Inc. (NYSE:NEWR) posted its quarterly earnings data on Monday, November, 8th. The software maker reported ($0.10) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.13) by $0.03. The software maker earned $195.70 million during the quarter, compared to analyst estimates of $182.21 million. New Relic had a negative trailing twelve-month return on equity of 72.98% and a negative net margin of 31.88%. The firm's revenue for the quarter was up 17.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.68) earnings per share.
View New Relic's earnings history
.

What guidance has New Relic issued on next quarter's earnings?

New Relic issued an update on its first quarter 2023 earnings guidance on Thursday, May, 19th. The company provided earnings per share guidance of -$0.38--$0.35 for the period, compared to the consensus EPS estimate of -$0.08. The company issued revenue guidance of $212.00 million-$214.00 million, compared to the consensus revenue estimate of $211.34 million.

What price target have analysts set for NEWR?

7 analysts have issued 1-year price objectives for New Relic's stock. Their forecasts range from $45.00 to $150.00. On average, they expect New Relic's stock price to reach $83.30 in the next year. This suggests a possible upside of 78.0% from the stock's current price.
View analysts' price targets for New Relic
or view top-rated stocks among Wall Street analysts.

Who are New Relic's key executives?
New Relic's management team includes the following people:
  • Mr. Lewis Cirne, Founder & Exec. Chairman (Age 52, Pay $616.12k)
  • Mr. William Staples, CEO & Director (Age 49, Pay $691.54k) (LinkedIn Profile)
  • Mr. Mark J. Sachleben, CFO & Corp. Sec. (Age 57, Pay $491.97k)
  • Ms. Kristy Friedrichs, Chief Operating Officer (LinkedIn Profile)
  • Mr. Gregory Ouillon, EMEA Field Chief Technology Officer
  • Mr. Peter Goldmacher, VP of Investor Relations
  • Mr. Stephen Hurn, Chief Sales Officer
  • Ms. Tracy Williams, Chief People and Diversity Officer
  • Mr. Jay G. Synder, Exec. VP & Chief Customer Officer (Age 50)
  • Mr. John Siebert, Exec. VP of Sales for Americas
What is Lew Cirne's approval rating as New Relic's CEO?

441 employees have rated New Relic CEO Lew Cirne on Glassdoor.com. Lew Cirne has an approval rating of 86% among New Relic'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), Square (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 IPO on Friday, December 12th 2014. The company issued 5,000,000 shares at a price of $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.

What is New Relic's stock symbol?

New Relic trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEWR."

Who are New Relic's major shareholders?

New Relic's stock is owned by many different institutional and retail investors. Top institutional investors include Eminence Capital LP (7.79%), Vanguard Group Inc. (7.52%), Champlain Investment Partners LLC (3.82%), Wellington Management Group LLP (3.47%), Clearbridge Investments LLC (2.85%) and BNP PARIBAS ASSET MANAGEMENT Holding S.A. (2.36%). Company insiders that own New Relic stock include David J Henshall, Kristy Friedrichs, Lewis Cirne, Mark Sachleben, Michael J Christenson, Steve Hurn and William Staples.
View institutional ownership trends for New Relic
.

Which major investors are selling New Relic stock?

NEWR stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, New York State Common Retirement Fund, Champlain Investment Partners LLC, Assenagon Asset Management S.A., TimesSquare Capital Management LLC, UBS Group AG, Sandler Capital Management, and Wellington Management Group LLP. Company insiders that have sold New Relic company stock in the last year include Kristy Friedrichs, Lewis Cirne, Mark Sachleben, Steve Hurn, and William Staples.
View insider buying and selling activity for New Relic
or view top insider-selling stocks.

Which major investors are buying New Relic stock?

NEWR stock was acquired by a variety of institutional investors in the last quarter, including Eminence Capital LP, JPMorgan Chase & Co., Clearline Capital LP, NewEdge Wealth LLC, American Century Companies Inc., BNP PARIBAS ASSET MANAGEMENT Holding S.A., Archon Capital Management LLC, and Altrinsic Global Advisors LLC. Company insiders that have bought New Relic stock in the last two years include David J Henshall, and Michael J Christenson.
View insider buying and selling activity for New Relic
or or view top insider-buying stocks.

How do I buy shares of New Relic?

Shares of NEWR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is New Relic's stock price today?

One share of NEWR stock can currently be purchased for approximately $46.80.

How much money does New Relic make?

New Relic has a market capitalization of $3.10 billion and generates $785.52 million in revenue each year. The software maker earns $-250.40 million in net income (profit) each year or ($3.88) on an earnings per share basis.

How many employees does New Relic have?

New Relic employs 2,168 workers across the globe.

What is New Relic's official website?

The official website for New Relic is www.newrelic.com.

How can I contact New Relic?

New Relic's mailing address is 188 Spear Street Suite 1000, San Francisco CA, 94105. The software maker can be reached via phone at (650) 777-7600, via email at [email protected], or via fax at 604-601-8279.

This page was last updated on 5/19/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.