S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NYSE:NEWR

New Relic Stock Forecast, Price & News

$110.27
-1.56 (-1.39%)
(As of 11/26/2021 04:00 PM ET)
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Today's Range
$109.16
$113.50
50-Day Range
$70.58
$125.97
52-Week Range
$51.52
$129.70
Volume
295,605 shs
Average Volume
688,399 shs
Market Capitalization
$7.21 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
0.92
30 days | 90 days | 365 days | Advanced Chart
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New Relic logo

About New Relic

New Relic, Inc., engages in the provision software solutions. It delivers an open and extensible cloud-based platform that enables organizations to collect, store and analyze massive amounts of data in real time to better operate applications and infrastructure. It offers solutions to e-commerce and retail, media, and public sector industries. The company was founded by Lewis Cirne in September 2007 and is headquartered in San Francisco, CA.

Headlines

PayPal, TripAdvisor fall; General Electric, Zynga rise
November 9, 2021 |  marketbeat.com
New Relic (NYSE:NEWR) Issues Q3 2022 Earnings Guidance
November 22, 2021 |  americanbankingnews.com
New Relic (NYSE:NEWR) Updates FY 2022 Earnings Guidance
November 22, 2021 |  americanbankingnews.com
Notable New Relic Insider Trades $1.2M In Company Stock
November 19, 2021 |  finance.yahoo.com
New Relic, Inc. (NYSE:NEWR) COO Kristy Friedrichs Sells 2,483 Shares
November 17, 2021 |  americanbankingnews.com
New Relic, Inc. (NYSE:NEWR) CEO William Staples Sells 3,729 Shares
November 17, 2021 |  americanbankingnews.com
New Relic Stock Is Poised for More Upside
November 17, 2021 |  nasdaq.com
New Relic (NYSE:NEWR) Reaches New 52-Week High at $128.76
November 17, 2021 |  americanbankingnews.com
Jim Cramer Shares His Thoughts On New Relic, DraftKings And More
November 16, 2021 |  markets.businessinsider.com
New Relic (NYSE:NEWR) Updates Q3 2022 Earnings Guidance
November 15, 2021 |  americanbankingnews.com
Were Hedge Funds Right About New Relic Inc (NEWR)?
November 10, 2021 |  finance.yahoo.com
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
$667.65 million
Book Value
$5.23 per share

Profitability

Net Income
$-192.61 million
Pretax Margin
-32.86%

Debt

Price-To-Earnings

Miscellaneous

Free Float
51,021,000
Market Cap
$7.21 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/08/2021
Today
11/27/2021
Next Earnings (Estimated)
2/03/2022
Fiscal Year End
3/31/2022

MarketRank

Overall MarketRank

2.36 out of 5 stars

Computer And Technology Sector

221st out of 891 stocks

Prepackaged Software Industry

58th out of 265 stocks

Analyst Opinion: 2.2Community Rank: 4.8Dividend 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?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New Relic in the last year. There are currently 7 hold ratings and 5 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.

How has New Relic's stock price been impacted by COVID-19 (Coronavirus)?

New Relic's stock was trading at $45.05 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NEWR shares have increased by 144.8% and is now trading at $110.27.
View which stocks have been most impacted by COVID-19
.

When is New Relic's next earnings date?

New Relic is scheduled to release its next quarterly earnings announcement on Thursday, February 3rd 2022.
View our earnings forecast for New Relic
.

How were New Relic's earnings last quarter?

New Relic, Inc. (NYSE:NEWR) announced its quarterly earnings results on Monday, November, 8th. The software maker reported ($0.10) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.13) by $0.03. The software maker had revenue of $195.70 million for the quarter, compared to analyst estimates of $182.21 million. New Relic had a negative net margin of 34.60% and a negative trailing twelve-month return on equity of 59.45%. The business's revenue for the quarter was up 17.9% compared to the same quarter last year. During the same period in the prior 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 FY 2022 earnings guidance on Monday, November, 22nd. The company provided EPS guidance of $-0.600-$-0.540 for the period, compared to the Thomson Reuters consensus estimate of $-0.520. The company issued revenue guidance of $778 million-$782 million, compared to the consensus revenue estimate of $736.81 million.

What price target have analysts set for NEWR?

12 Wall Street analysts have issued 1-year price objectives for New Relic's shares. Their forecasts range from $70.00 to $150.00. On average, they expect New Relic's stock price to reach $109.50 in the next year. This suggests that the stock has a possible downside of 0.7%.
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:
  • William Staples, Chief Executive Officer & Director
  • Kristy Friedrichs, Chief Operating Officer
  • Mark J Sachleben, Chief Financial Officer & Secretary
  • Dmitri Chen, Executive Vice President
  • Rey Perez, Chief Customer Officer & Executive Vice President

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 $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 many different retail and institutional investors. Top institutional shareholders include Engaged Capital LLC (2.45%), Wellington Management Group LLP (2.34%), BNP Paribas Asset Management Holding S.A. (2.02%), ArrowMark Colorado Holdings LLC (2.00%), TimesSquare Capital Management LLC (1.29%) and Rockefeller Capital Management L.P. (1.13%). 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 Credit Suisse AG, Goldman Sachs Group Inc., Barclays PLC, Macquarie Group Ltd., Citigroup Inc., Two Sigma Advisers LP, TimesSquare Capital Management LLC, and PEAK6 Investments LLC. 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 Engaged Capital LLC, NewEdge Wealth LLC, Natixis, Millennium Management LLC, Bank of Nova Scotia, Neuberger Berman Group LLC, Jabodon PT Co., and Renaissance Technologies 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 $110.27.

How much money does New Relic make?

New Relic has a market capitalization of $7.21 billion and generates $667.65 million in revenue each year. The software maker earns $-192.61 million in net income (profit) each year or ($3.94) 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.

Where are New Relic's headquarters?

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 11/27/2021 by MarketBeat.com Staff

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