New Relic Inc (NEWR) Stock Analyst Ratings
USA - New York Stock Exchange - NYSE:NEWR - US64829B1008 - Common Stock
86.99 USD
+0.02 (+0.02%)
87 USD
+0.01 (+0.01%)
ChartMill assigns a Buy % Consensus number of 68% to NEWR. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 88.03. This target is 1.19% above the current price.
NEWR was analyzed by 22 analysts. The buy percentage consensus is at 68. So analysts seem to be have mildly positive about NEWR.
In the previous month the buy percentage consensus was at a similar level.
NEWR was analyzed by 22 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2023-09-15 | DA Davidson | Downgrade | Buy -> Neutral |
| 2023-08-02 | Raymond James | Downgrade | Strong Buy -> Market Perform |
| 2023-08-01 | TD Cowen | Maintains | Market Perform -> Market Perform |
| 2023-08-01 | BMO Capital | Maintains | Market Perform -> Market Perform |
| 2023-08-01 | RBC Capital | Downgrade | Outperform -> Sector Perform |
| 2023-08-01 | Loop Capital | Maintains | Hold -> Hold |
| 2023-08-01 | Wedbush | Reiterate | Neutral -> Neutral |
| 2023-08-01 | Truist Securities | Maintains | Hold -> Hold |
| 2023-08-01 | Baird | Downgrade | Outperform -> Neutral |
| 2023-08-01 | Credit Suisse | Downgrade | Outperform -> Neutral |
| 2023-05-26 | JMP Securities | Maintains | Market Perform |
| 2023-05-26 | Needham | Reiterate | Hold -> Hold |
| 2023-05-26 | RBC Capital | Upgrade | Sector Perform -> Outperform |
| 2023-05-24 | DA Davidson | Maintains | Buy -> Buy |
| 2023-05-24 | JMP Securities | Maintains | Market Perform |
| 2023-05-24 | RBC Capital | Maintains | Sector Perform |
| 2023-05-24 | Loop Capital | Maintains | Hold -> Hold |
| 2023-05-24 | Truist Securities | Maintains | Hold -> Hold |
| 2023-05-24 | Baird | Maintains | Outperform -> Outperform |
| 2023-05-24 | Credit Suisse | Reiterate | Outperform -> Outperform |
| 2023-05-18 | RBC Capital | Reiterate | Sector Perform -> Sector Perform |
| 2023-04-06 | DA Davidson | Initiate | Buy |
| 2023-02-09 | BMO Capital | Maintains | Market Perform |
| 2023-02-09 | Canaccord Genuity | Maintains | Buy |
| 2023-02-08 | RBC Capital | Maintains | Sector Perform |
| 2023-02-08 | Cowen & Co. | Maintains | Market Perform |
| 2023-02-08 | Wedbush | Maintains | Neutral |
| 2023-02-08 | Raymond James | Maintains | Strong Buy |
| 2023-02-08 | Baird | Maintains | Outperform |
| 2023-02-08 | Credit Suisse | Maintains | Outperform |
New Relic Inc / NEWR FAQ
What is the price target for NEWR stock?
22 analysts have analysed NEWR and the average price target is 88.03 USD. This implies a price increase of 1.19% is expected in the next year compared to the current price of 86.99.
Can you provide the consensus rating for New Relic Inc stock?
The consensus rating for New Relic Inc (NEWR) is 68.1818 / 100 . This indicates that analysts generally have a neutral outlook on the stock.
How many analysts cover New Relic Inc (NEWR) stock?
The number of analysts covering New Relic Inc (NEWR) is 22.