Logo image of NEWR

New Relic Inc (NEWR) Stock Price, Forecast & Analysis

USA - New York Stock Exchange - NYSE:NEWR - US64829B1008 - Common Stock

86.99 USD
+0.02 (+0.02%)
Last: 11/7/2023, 8:12:48 PM
87 USD
+0.01 (+0.01%)
After Hours: 11/7/2023, 8:12:48 PM

NEWR Key Statistics, Chart & Performance

Key Statistics
Market Cap6.18B
Revenue(TTM)967.64M
Net Income(TTM)-144.41M
Shares71.02M
Float57.87M
52 Week High87.01
52 Week Low50.3
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)1.68
PE51.78
Fwd PE41.38
Earnings (Next)02-05 2024-02-05/amc
IPO2014-12-12
Sector
GICS IndustrySoftware
GICS IndustryGroupSoftware & Services
GICS SubIndustryApplication Software


NEWR short term performance overview.The bars show the price performance of NEWR in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 5 10 15

NEWR long term performance overview.The bars show the price performance of NEWR in the last 1, 2 and 3 years. 1 year 2 years 3 years 0 20 -20 40

The current stock price of NEWR is 86.99 USD. In the past month the price increased by 1.29%. In the past year, price increased by 47.29%.

New Relic Inc / NEWR Daily stock chart

NEWR Latest News, Press Relases and Analysis

2 years ago - By: Seeking Alpha
2 years ago - By: New Relic Corporate Communications
2 years ago - By: New Relic Corporate Communications
2 years ago - By: New Relic Corporate Communications

NEWR Competitors/Peers

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About NEWR

Company Profile

NEWR logo image New Relic, Inc. engages in the provision of software solutions. The company is headquartered in San Francisco, California and currently employs 2,663 full-time employees. The company went IPO on 2014-12-12. Its observability platform combines metrics, events, logs, traces, and other telemetry data with its stack of analytical tools to generate insights. The New Relic platform helps customers to manage their entire digital infrastructure stacks, including the front end, back end, infrastructure layer, vulnerabilities, and logs. The customers use its platform to identify issues, understand their root cause, and simplify the engineering process. Through its platform, all telemetry data, regardless of its source, is aggregated in one place and available to query, alert, visualize, and navigate with insightful analytics. The New Relic platform is used by IT operations professionals and also serves a range of engineers, including application developers, mobile developers, site reliability engineers, and network and other engineers.

Company Info

New Relic Inc

188 Spear Street, Ste. 1000

San Francisco CALIFORNIA 94105 US

CEO: Lewis Cirne

Employees: 2663

NEWR Company Website

Phone: 16507777600.0

New Relic Inc / NEWR FAQ

What does NEWR do?

New Relic, Inc. engages in the provision of software solutions. The company is headquartered in San Francisco, California and currently employs 2,663 full-time employees. The company went IPO on 2014-12-12. Its observability platform combines metrics, events, logs, traces, and other telemetry data with its stack of analytical tools to generate insights. The New Relic platform helps customers to manage their entire digital infrastructure stacks, including the front end, back end, infrastructure layer, vulnerabilities, and logs. The customers use its platform to identify issues, understand their root cause, and simplify the engineering process. Through its platform, all telemetry data, regardless of its source, is aggregated in one place and available to query, alert, visualize, and navigate with insightful analytics. The New Relic platform is used by IT operations professionals and also serves a range of engineers, including application developers, mobile developers, site reliability engineers, and network and other engineers.


What is the current price of NEWR stock?

The current stock price of NEWR is 86.99 USD. The price increased by 0.02% in the last trading session.


Does NEWR stock pay dividends?

NEWR does not pay a dividend.


What is the ChartMill rating of New Relic Inc stock?

NEWR has a ChartMill Technical rating of 9 out of 10 and a ChartMill Fundamental rating of 5 out of 10.


What do analysts say about New Relic Inc (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.


Would investing in New Relic Inc be a good decision?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on NEWR.


NEWR Technical Analysis

ChartMill assigns a technical rating of 9 / 10 to NEWR. When comparing the yearly performance of all stocks, NEWR is one of the better performing stocks in the market, outperforming 92.78% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

NEWR Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to NEWR. The financial health of NEWR is average, but there are quite some concerns on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

NEWR Financial Highlights

Over the last trailing twelve months NEWR reported a non-GAAP Earnings per Share(EPS) of 1.68. The EPS increased by 405.45% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -16.14%
ROE -37.27%
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%292.31%
Sales Q2Q%6.98%
EPS 1Y (TTM)405.45%
Revenue 1Y (TTM)13.48%

NEWR Forecast & Estimates

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.

For the next year, analysts expect an EPS growth of 186.08% and a revenue growth 11.06% for NEWR


Analysts
Analysts68.18
Price Target88.03 (1.2%)
EPS Next Y186.08%
Revenue Next Year11.06%

NEWR Ownership

Ownership
Inst Owners0%
Ins Owners5.84%
Short Float %N/A
Short RatioN/A