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New Relic Price Target & Analyst Ratings (NYSE:NEWR)

-1.12 (-1.70 %)
(As of 11/13/2019 02:10 AM ET)
Today's Range
Now: $64.88
50-Day Range
MA: $62.51
52-Week Range
Now: $64.88
Volume481,290 shs
Average Volume1.01 million shs
Market Capitalization$3.81 billion
P/E RatioN/A
Dividend YieldN/A

Analyst Ratings

New Relic (NYSE:NEWR) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
19 Wall Street analysts have issued ratings and price targets for New Relic in the last 12 months. Their average twelve-month price target is $81.94, suggesting that the stock has a possible upside of 26.29%. The high price target for NEWR is $120.00 and the low price target for NEWR is $52.00. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 2.582.582.562.86
Ratings Breakdown: 1 Sell Rating(s)
6 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
6 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
5 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
10 Buy Rating(s)
1 Strong Buy Rating(s)
Consensus Price Target: $81.94$82.06$99.08$117.27
Price Target Upside: 26.29% upside32.06% upside57.07% upside9.49% upside

New Relic (NYSE:NEWR) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

New Relic (NYSE:NEWR) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/6/2019BMO Capital MarketsLower Price TargetOutperform$71.00 ➝ $68.00Medium
11/1/2019BarclaysSet Price TargetHold$66.00Low
10/11/2019OppenheimerLower Price TargetOutperform$85.00 ➝ $80.00Medium
10/2/2019SunTrust BanksInitiated CoverageBuy$80.00High
9/23/2019Raymond JamesReiterated RatingHoldHigh
9/23/2019CowenSet Price TargetBuy$80.00High
9/17/2019Morgan StanleyLower Price TargetOverweight$84.00 ➝ $80.00Medium
9/17/2019Robert W. BairdLower Price TargetOutperform$84.00 ➝ $77.00Medium
9/17/2019UBS GroupLower Price TargetNeutral$73.00 ➝ $62.00Medium
9/17/2019Needham & Company LLCBoost Price TargetBuy$114.00 ➝ $120.00Low
9/16/2019Goldman Sachs GroupLower Price TargetSell$65.00 ➝ $52.00High
9/16/2019Deutsche BankReiterated RatingBuy$90.00 ➝ $65.00High
8/29/2019DA DavidsonSet Price TargetBuy$95.00Low
8/12/2019ArgusUpgradeHold ➝ Buy$93.00Low
8/7/2019KeyCorpReiterated RatingHoldLow
8/7/2019WedbushReiterated RatingOutperform ➝ Outperform$124.00 ➝ $99.00High
8/7/2019First AnalysisDowngradeStrong-Buy ➝ Neutral$80.00High
2/11/2019JMP SecuritiesReiterated RatingHoldMedium
2/7/2019JPMorgan Chase & Co.Boost Price TargetOverweight$114.00High
6/5/2018Royal Bank of CanadaBoost Price TargetOutperform$95.00 ➝ $110.00High
2/7/2018StephensBoost Price TargetOverweight$60.00 ➝ $70.00High
(Data available from 11/13/2017 forward)
This page was last updated on 11/13/2019 by MarketBeat.com Staff

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