S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10

New Relic Price Target, Predictions & Analyst Ratings

$77.63
-0.28 (-0.36 %)
(As of 10/22/2021 12:00 AM ET)
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Today's Range
$76.66
$79.64
50-Day Range
$70.58
$81.47
52-Week Range
$51.52
$82.76
Volume425,313 shs
Average Volume644,714 shs
Market Capitalization$5.03 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.86

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.

Analyst Rating Consensus

Hold
Based on 11 Analyst Ratings

Analyst Price Target Consensus

$72.86

High PT$84.00
Average PT$72.86
Low PT$59.00
TypeCurrent
10/24/20 to 10/24/21
1 Month Ago
9/24/20 to 9/24/21
3 Months Ago
7/26/20 to 7/26/21
1 Year Ago
10/25/19 to 10/24/20
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
2 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
8 Buy rating(s)
Hold
8 Hold rating(s)
7 Hold rating(s)
10 Hold rating(s)
8 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$72.86$74.43$67.70$71.35
Price Target Upside-6.15% Downside4.90% Upside3.05% Upside9.43% Upside
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Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

New Relic (NYSE:NEWR) vs. Its Competitors

TypeNew RelicComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.09
2.62
2.56
Consensus RatingHoldBuyBuy
Price Target Upside39.78% Upside6.83% Upside
News Sentiment RatingNeutral News
Neutral News
Neutral News
MarketBeat
Community Rating
Outperform Votes
495
71.12%
Underperform Votes
201
28.88%
Avg. Outperform Votes
238
68.00%
Avg. Underperform Votes
112
32.00%
Avg. Outperform Votes
831
69.48%
Avg. Underperform Votes
365
30.52%

New Relic (NYSE:NEWR) Analyst Ratings History

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/14/2021Royal Bank of Canada
Initiated CoverageSector Perform$74.00-2.81%
8/24/2021Needham & Company LLC
Jack Andrews
Reiterated RatingBuy$84.00+8.84%
8/5/2021Morgan Stanley
Boost Price TargetEqual Weight$70.00 ➝ $75.00-4.50%
8/4/2021BMO Capital Markets
Boost Price TargetMarket Perform$58.00 ➝ $70.00+2.46%
8/4/2021Loop Capital
Boost Price TargetHold$55.00 ➝ $72.00+5.39%
4/8/2021Robert W. Baird
Reiterated RatingBuy
2/5/2021UBS Group
DowngradeBuy ➝ Neutral$89.00 ➝ $76.00-5.91%
2/5/2021Raymond James
DowngradeStrong-Buy ➝ Market Perform
2/5/2021Oppenheimer
DowngradeOutperform ➝ Market Perform
11/23/2020KeyCorp
Initiated CoverageSector Weight ➝ Sector Weight
11/6/2020JPMorgan Chase & Co.
DowngradeNeutral ➝ Underweight$77.00 ➝ $59.00-9.43%
10/7/2020Berenberg Bank
Initiated CoverageBuy$85.00+45.60%
8/14/2020Argus
DowngradeBuy ➝ Hold
8/5/2020Rosenblatt Securities
Yun Kim
Lower Price TargetNeutral$65.00 ➝ $60.00-18.37%
7/30/2020Cowen
DowngradeOutperform ➝ Market Perform$72.00+5.88%
7/20/2020Barclays
Boost Price TargetUnderweight$42.00 ➝ $56.00-14.22%
6/29/2020The Goldman Sachs Group
Boost Price Target$60.00 ➝ $69.00+3.74%
6/11/2020SunTrust Banks
Joel Fishbein
Boost Price TargetBuy$75.00 ➝ $80.00+13.03%
5/15/2020Deutsche Bank Aktiengesellschaft
Boost Price TargetOutperform$65.00 ➝ $70.00+6.50%
2/5/2020Wedbush
S. Koenig
DowngradeOutperform ➝ Neutral
12/13/2019DA Davidson
Rishi Jaluria
Reiterated RatingBuy ➝ Positive$78.00+17.81%
8/7/2019First Analysis
DowngradeStrong-Buy ➝ Neutral$80.00-4.49%
2/11/2019JMP Securities
Reiterated RatingHold
(Data available from 10/24/2016 forward. View 10+ years of historical ratings with our analyst ratings screener.)












New Relic (NYSE:NEWR) Analyst Ratings Frequently Asked Questions

What is New Relic's consensus rating and price target?

According to the issued ratings of 11 analysts in the last year, the consensus rating for New Relic stock is Hold based on the current 1 sell rating, 8 hold ratings and 2 buy ratings for NEWR. The average twelve-month price target for New Relic is $72.86 with a high price target of $84.00 and a low price target of $59.00. Learn more on NEWR's analyst rating history

Do Wall Street analysts like New Relic more than its competitors?

Analysts like New Relic stock less than the stock of other Computer and Technology companies. The consensus rating for New Relic is Hold while the average consensus rating for computer and technology companies is Buy. Learn more on how NEWR compares to other companies

Do MarketBeat users like New Relic more than its competitors?

MarketBeat users like New Relic stock more than the stock of other Computer and Technology companies. 71.12% of MarketBeat users gave New Relic an outperform vote while computer and technology companies recieve an average of 68.00% outperform votes by MarketBeat users.

Does New Relic's stock price have much downside?

According to analysts, New Relic's stock has a predicted downside of -0.86% based on their 12-month price targets.

What analysts cover New Relic?

New Relic has been rated by BMO Capital Markets, Loop Capital, Morgan Stanley, Needham & Company LLC, and Royal Bank of Canada in the past 90 days.

This page was last updated on 10/24/2021 by MarketBeat.com Staff

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