New Relic, Inc. (NEWR)

Market Cap	6.12B
Revenue (ttm)	967.64M
Net Income (ttm)	-144.42M
Shares Out	70.30M
EPS (ttm)	-2.10
PE Ratio	n/a
Forward PE	43.99
Dividend	n/a
Ex-Dividend Date	n/a

Volume	3,418,501
Open	86.98
Previous Close	86.97
Day's Range	86.97 - 87.01
52-Week Range	50.30 - 87.01
Beta	0.84
Analysts	Hold
Price Target	85.36 (-1.87%)
Earnings Date	Oct 27, 2023

About NEWR

New Relic, Inc., a software-as-a-service company, delivers a software platform for customers to collect telemetry data and derive insights from that data in a unified front-end application. It offers a suite of products on its open and extensible cloud-based platform, which enables users to collect, store, and analyze telemetry data. The company's platform also provides New Relic Instant Observability, an open-source ecosystem of quickstarts that delivers pre-built integrations, dashboards, and alerts for approximately 450 technologies and fram...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Dec 12, 2014
• Employees: 2,663
• Stock Exchange: NYSE
• Ticker Symbol: NEWR
• Website: https://www.newrelic.com

Financial Performance

In 2022, New Relic's revenue was $925.63 million, an increase of 17.84% compared to the previous year's $785.52 million. Losses were -$180.25 million, -28.02% less than in 2021.

Analyst Forecast

According to 14 analysts, the average rating for NEWR stock is "Hold." The 12-month stock price forecast is $85.36, which is a decrease of -1.87% from the latest price.

Price Target

$85.36

(-1.87% downside)

Analyst Consensus: Hold