S&P 500   3,569.87 (+0.35%)
DOW   29,436.41 (+0.59%)
QQQ   290.60 (+0.08%)
AAPL   115.23 (-1.80%)
MSFT   209.39 (-0.48%)
FB   265.33 (-1.62%)
GOOGL   1,724.67 (-0.67%)
AMZN   3,096.12 (-0.11%)
TSLA   519.00 (+6.00%)
NVDA   524.00 (+0.09%)
BABA   267.00 (-1.38%)
CGC   23.74 (+0.08%)
GE   10.16 (+4.10%)
MU   63.66 (+3.68%)
AMD   86.31 (+1.97%)
T   28.51 (+0.67%)
NIO   51.35 (+4.26%)
F   8.95 (+2.40%)
ACB   6.98 (-2.10%)
GILD   59.91 (-0.33%)
NFLX   483.00 (-1.07%)
BA   205.64 (+3.02%)
DIS   142.36 (+0.91%)
S&P 500   3,569.87 (+0.35%)
DOW   29,436.41 (+0.59%)
QQQ   290.60 (+0.08%)
AAPL   115.23 (-1.80%)
MSFT   209.39 (-0.48%)
FB   265.33 (-1.62%)
GOOGL   1,724.67 (-0.67%)
AMZN   3,096.12 (-0.11%)
TSLA   519.00 (+6.00%)
NVDA   524.00 (+0.09%)
BABA   267.00 (-1.38%)
CGC   23.74 (+0.08%)
GE   10.16 (+4.10%)
MU   63.66 (+3.68%)
AMD   86.31 (+1.97%)
T   28.51 (+0.67%)
NIO   51.35 (+4.26%)
F   8.95 (+2.40%)
ACB   6.98 (-2.10%)
GILD   59.91 (-0.33%)
NFLX   483.00 (-1.07%)
BA   205.64 (+3.02%)
DIS   142.36 (+0.91%)
S&P 500   3,569.87 (+0.35%)
DOW   29,436.41 (+0.59%)
QQQ   290.60 (+0.08%)
AAPL   115.23 (-1.80%)
MSFT   209.39 (-0.48%)
FB   265.33 (-1.62%)
GOOGL   1,724.67 (-0.67%)
AMZN   3,096.12 (-0.11%)
TSLA   519.00 (+6.00%)
NVDA   524.00 (+0.09%)
BABA   267.00 (-1.38%)
CGC   23.74 (+0.08%)
GE   10.16 (+4.10%)
MU   63.66 (+3.68%)
AMD   86.31 (+1.97%)
T   28.51 (+0.67%)
NIO   51.35 (+4.26%)
F   8.95 (+2.40%)
ACB   6.98 (-2.10%)
GILD   59.91 (-0.33%)
NFLX   483.00 (-1.07%)
BA   205.64 (+3.02%)
DIS   142.36 (+0.91%)
S&P 500   3,569.87 (+0.35%)
DOW   29,436.41 (+0.59%)
QQQ   290.60 (+0.08%)
AAPL   115.23 (-1.80%)
MSFT   209.39 (-0.48%)
FB   265.33 (-1.62%)
GOOGL   1,724.67 (-0.67%)
AMZN   3,096.12 (-0.11%)
TSLA   519.00 (+6.00%)
NVDA   524.00 (+0.09%)
BABA   267.00 (-1.38%)
CGC   23.74 (+0.08%)
GE   10.16 (+4.10%)
MU   63.66 (+3.68%)
AMD   86.31 (+1.97%)
T   28.51 (+0.67%)
NIO   51.35 (+4.26%)
F   8.95 (+2.40%)
ACB   6.98 (-2.10%)
GILD   59.91 (-0.33%)
NFLX   483.00 (-1.07%)
BA   205.64 (+3.02%)
DIS   142.36 (+0.91%)
Log in
NYSE:NEWR

New Relic Stock Forecast, Price & News

$55.55
-1.33 (-2.34 %)
(As of 11/23/2020 10:24 AM ET)
Add
Compare
Today's Range
$55.55
Now: $55.55
$57.30
50-Day Range
$53.73
MA: $60.12
$65.24
52-Week Range
$33.49
Now: $55.55
$74.20
Volume2,675 shs
Average Volume1.01 million shs
Market Capitalization$3.39 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.13
New Relic, Inc., a software-as-a-service company, provides platform that companies use to build, develop, and operate their digital businesses 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. It 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. The company 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. It also 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.
Read More
New Relic logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.68 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
CUSIPN/A
Phone650-777-7600
Employees2,131

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$599.51 million
Cash Flow$0.50 per share
Book Value$6.59 per share

Profitability

Net Income$-88,940,000.00

Miscellaneous

Market Cap$3.39 billion
Next Earnings Date2/2/2021 (Estimated)
OptionableOptionable
$55.55
-1.33 (-2.34 %)
(As of 11/23/2020 10:24 AM ET)
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 NEWR and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











New Relic (NYSE:NEWR) Frequently Asked Questions

How has New Relic's stock been impacted by the U.S. election?

New Relic's stock was trading at $58.92 on November 3rd, 2020 when the U.S. election occured and Joe Biden was elected president. Since then, NEWR shares have decreased by 3.5% and is now trading at $56.88.
View which stocks have been most impacted by the election
.

How has New Relic's stock price been impacted by Coronavirus?

New Relic's stock was trading at $45.05 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NEWR shares have increased by 26.3% and is now trading at $56.88.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of New Relic?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Relic in the last year. There are currently 3 sell ratings, 7 hold ratings, 8 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for New Relic
.

What stocks does MarketBeat like better than New Relic?

Wall Street analysts have given New Relic a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but New Relic wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is New Relic's next earnings date?

New Relic is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for New Relic
.

How were New Relic's earnings last quarter?

New Relic, Inc. (NYSE:NEWR) announced its quarterly earnings data on Thursday, November, 5th. The software maker reported ($0.07) EPS for the quarter, missing the Zacks' consensus estimate of $0.01 by $0.08. The software maker earned $166 million during the quarter, compared to the consensus estimate of $163.50 million. New Relic had a negative net margin of 16.67% and a negative return on equity of 18.93%. The company's revenue was up 13.9% on a year-over-year basis. During the same period last year, the firm posted $0.24 earnings per share.
View New Relic's earnings history
.

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

New Relic updated its third quarter 2021 After-Hours earnings guidance on Thursday, November, 5th. The company provided EPS guidance of -0.17--0.13 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.02. The company issued revenue guidance of $163-165 million, compared to the consensus revenue estimate of $167.31 million.

What price target have analysts set for NEWR?

19 brokers have issued twelve-month target prices for New Relic's stock. Their forecasts range from $56.00 to $89.00. On average, they expect New Relic's share price to reach $69.94 in the next twelve months. This suggests a possible upside of 23.0% from the stock's current price.
View analysts' price targets for New Relic
.

Who are some of New Relic's key competitors?

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), The Trade Desk (TTD) and The Walt Disney (DIS).

Who are New Relic's key executives?

New Relic's management team includes the following people:
  • Mr. Lewis Cirne, Founder, CEO & Director (Age 50, Pay $636.96k)
  • Mr. Michael J. Christenson, Pres, COO & Director (Age 61, Pay $474.49k)
  • Mr. Mark Sachleben, CFO & Corp. Sec. (Age 55, Pay $505.18k)
  • Mr. William Staples, Chief Product Officer (Age 47, Pay $140.06k)
  • Mr. Gregory Ouillon, EMEA Field Chief Technology Officer
  • Mr. Peter Goldmacher, VP of Investor Relations
  • Ms. Seema Kumar, Chief Marketing Officer
  • Ms. Kristy Friedrichs, Chief People Officer
  • Mr. Dmitri Chen, Exec. VP and GM of Asia-Pacific & Japan
  • Ms. Bonney A. Pelley, Sr. VP of Bus. Operations

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 $18.00-$20.00 per share. Morgan Stanley and J.P. Morgan acted 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 a variety of retail and institutional investors. Top institutional shareholders include HMI Capital LLC (6.54%), Champlain Investment Partners LLC (6.24%), ArrowMark Colorado Holdings LLC (1.81%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (1.61%), First Trust Advisors LP (1.38%) and Archon Capital Management LLC (1.20%). Company insiders that own New Relic stock include David J Henshall, Erica Schultz, James R Gochee, Lewis Cirne, Mark Sachleben, Michael J Christenson and Peter H Fenton.
View institutional ownership trends for New Relic
.

Which institutional investors are selling New Relic stock?

NEWR stock was sold by a variety of institutional investors in the last quarter, including AXA S.A., BNP PARIBAS ASSET MANAGEMENT Holding S.A., MUFG Securities EMEA plc, Toronado Partners LLC, Natixis, Arrowstreet Capital Limited Partnership, Cubist Systematic Strategies LLC, and ExodusPoint Capital Management LP. Company insiders that have sold New Relic company stock in the last year include Lewis Cirne, and Mark Sachleben.
View insider buying and selling activity for New Relic
.

Which institutional investors are buying New Relic stock?

NEWR stock was acquired by a variety of institutional investors in the last quarter, including HMI Capital LLC, Jana Partners LLC, First Trust Advisors LP, Wasatch Advisors Inc., Archon Capital Management LLC, Great West Life Assurance Co. Can, Raymond James & Associates, and AQR Capital Management 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
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is New Relic's stock price today?

One share of NEWR stock can currently be purchased for approximately $56.88.

How big of a company is New Relic?

New Relic has a market capitalization of $3.47 billion and generates $599.51 million in revenue each year. The software maker earns $-88,940,000.00 in net income (profit) each year or ($1.08) on an earnings per share basis. New Relic employs 2,131 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 or via email at [email protected]

This page was last updated on 11/23/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.