New Relic, Inc. (NEWR)

NYSE: NEWR · IEX Real-Time Price · USD
54.08
+1.58 (3.01%)
Jun 24, 2022 4:00 PM EDT - Market closed
3.01%
Market Cap 3.62B
Revenue (ttm) 785.52M
Net Income (ttm) -250.40M
Shares Out 66.92M
EPS (ttm) -3.88
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 892,805
Open 53.09
Previous Close 52.50
Day's Range 52.19 - 54.97
52-Week Range 41.66 - 129.70
Beta 1.01
Analysts Buy
Price Target 63.62 (+17.6%)
Earnings Date Aug 2, 2022

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... [Read more...]

Industry Software
IPO Date Dec 12, 2014
CEO Lewis Cirne
Employees 2,217
Stock Exchange NYSE
Ticker Symbol NEWR
Full Company Profile

Financial Performance

In 2021, New Relic's revenue was $785.52 million, an increase of 17.65% compared to the previous year's $667.65 million. Losses were -$250.40 million, 30.0% more than in 2020.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for NEWR stock is "Buy." The 12-month stock price forecast is 63.62, which is an increase of 17.64% from the latest price.

Price Target
$63.62
(17.64% upside)
Analyst Consensus: Buy
Stock Forecasts

News

JANA wins two board seats at software firm New Relic. This is what may be ahead

JANA has been using a three-pronged strategy to build value at different companies. It recently won two board seats at New Relic.

New Relic Named a Leader in the 2022 Gartner® Magic Quadrant™ for APM and Observability for 10th Consecutive Time

SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the observability company, announced it has been named a Leader in the 2022 Gartner Magic Quadrant for Application Performance Monitoring and Obse...

New Relic Adds Board Members as Part of Ongoing Board Refresh

SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the observability company, today announced several updates related to its Board of Directors. As the result of its ongoing board refreshment proce...

New Relic Scores Landmark Microsoft Partnership

New Relic ( NEWR , Financial) a software company that offers a platform which focuses on IT observability. It was founded in 2008 and went public in 2014.

Other symbols: MSFT

New Relic enters the security market with its new vulnerability management service

New Relic, which has long been known for its observability platform, is entering the security market today with the launch of a new vulnerability management service. Aptly named New Relic Vulnerability ...

New Relic Announces Product Integrations and Multi-Year Commercial Partnership with Microsoft Azure

LAS VEGAS--(BUSINESS WIRE)-- #microsoft--FUTURESTACK—New Relic (NYSE: NEWR), the observability company, announced a strategic partnership with Microsoft to help enterprises accelerate cloud migration an...

New Relic Introduces Vulnerability Management

LAS VEGAS--(BUSINESS WIRE)-- #newrelic--FUTURESTACK—New Relic (NYSE: NEWR), the observability company, introduced New Relic Vulnerability Management to help organizations find and address security risks...

New Relic Expands Instant Observability Ecosystem

LAS VEGAS--(BUSINESS WIRE)--FUTURESTACK—New Relic (NYSE: NEWR), the observability company, announced that it has expanded its Instant Observability ecosystem of integrations, tools, and pre-built observ...

New Relic Brings Logs into Application Performance Monitoring

LAS VEGAS--(BUSINESS WIRE)--FUTURESTACK—New Relic (NYSE: NEWR), the observability company, announced enhancements to its Application Performance Monitoring (APM) to automatically collect logs in context...

New Relic releases new vulnerability management solution

Full-stack observability provider New Relic announces the launch of a new vulnerability management solution.

New Relic Introduces Low-Overhead Kubernetes Monitoring

VALENCIA, Spain--(BUSINESS WIRE)--KUBECON EU—New Relic (NYSE: NEWR), the observability company, announced a series of product innovations and enhancements at KubeCon + CloudNativeCon Europe 2022 to help...

Why New Relic Stock Fell Today

Investors were disappointed with the company's fourth-quarter results.

New Relic (NEWR) Reports Q4 Loss, Tops Revenue Estimates

New Relic (NEWR) delivered earnings and revenue surprises of -14.29% and 0.41%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Figs, New Relic Lead After-Hours Decliners as Markets Close Mixed

Indexes largely got a pause in the downdraft.

Other symbols: FIGS

New Relic Announces Chief Financial Officer Transition

SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the observability company, announced that Mark Sachleben has decided to retire from his role as Chief Financial Officer. While the company engages...

New Relic Announces Fourth Quarter and Full Fiscal Year 2022 Results

SAN FRANCISCO--(BUSINESS WIRE)-- #earnings--New Relic, Inc. (NYSE: NEWR), the observability company, today announced financial results for the fourth quarter and full fiscal year 2022 ended March 31, 20...

New Relic to Present at Upcoming Investor Conferences

SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic, Inc. (NYSE: NEWR), the observability company, today announced that members of its management team will present at the following investor conference...

5 Big Data Stocks to Buy for Big Long-Term Growth

Big data stocks might not seem like the most scintillating technology plays on the market. But their underlying companies provide a service of growing importance: cleaning and sorting an ever-swelling p...

Other symbols: DDOGESTCORCLSPLK

New Relic Launches Add-On for Amazon EKS

SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the observability company, today announced expanded support for Amazon Elastic Kubernetes Service (Amazon EKS), with an add-on for Amazon EKS Blue...

New Relic Announces Analyst Day at Annual FutureStack Conference in Las Vegas

SAN FRANCISCO--(BUSINESS WIRE)-- #analystday--New Relic, Inc. (NYSE: NEWR), the observability company, announced that it will be hosting an Analyst Day on Wednesday, May 18 at The Cosmopolitan Hotel in ...

New Relic Adds Infinite Tracing for Browser, Mobile, and Serverless Applications

SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the observability company, launched a major update to New Relic Infinite Tracing®, its fully managed tracing solution that can analyze 100% of cus...

New Relic Launches Data Plus Offering to help All Engineering Teams Accelerate Observability Maturity

SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic (NYSE: NEWR), the observability company, announced a new Data Plus offering to give engineering teams of all sizes access to industry-leading perfor...

New Relic Achieves HITRUST Certification for Its Observability Platform

SAN FRANCISCO--(BUSINESS WIRE)-- #hippa--New Relic (NYSE: NEWR), the observability company, today announced that the New Relic One Platform hosted in Amazon Web Services (AWS) has earned Certified statu...

New Relic Announces Date of Fourth Quarter Fiscal Year 2022 Financial Results Conference Call

SAN FRANCISCO--(BUSINESS WIRE)-- #earnings--New Relic, Inc. (NYSE: NEWR), the observability company, announced today that it will report its financial results for the fourth quarter ended March 31, 2022...