New Relic, Inc. (NEWR)
Market Cap | 5.21B |
Revenue (ttm) | 888.89M |
Net Income (ttm) | -178.53M |
Shares Out | 68.88M |
EPS (ttm) | -2.68 |
PE Ratio | n/a |
Forward PE | 90.09 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 361,383 |
Open | 72.97 |
Previous Close | 72.44 |
Day's Range | 72.71 - 76.24 |
52-Week Range | 41.66 - 80.88 |
Beta | 0.90 |
Analysts | Buy |
Price Target | 81.97 (+8.31%) |
Earnings Date | May 11, 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... [Read more]
Financial Performance
In 2022, 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 2021.
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for NEWR stock is "Buy." The 12-month stock price forecast is $81.97, which is an increase of 8.31% from the latest price.
News

3 Segments of Software Set to Soar
After a rough 2022, software stocks have come back with a vengeance in 2023. Currently, many fundamentally sound companies are setting up in constructive technical patterns.

Intelligent Growth Solutions Standardizes on New Relic
SAN FRANCISCO--(BUSINESS WIRE)-- #agritech--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced that fast-growing agritech and vertical farming business Intelli...

New Relic Launches Industry's First OpenAI GPT Observability Integration
SAN FRANCISCO--(BUSINESS WIRE)-- #generativeai--FUTURESTACK – New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced a first-of-its-kind machine learning operation...

New Relic Launches JFrog Integration
SAN FRANCISCO--(BUSINESS WIRE)-- #jfrog--FUTURESTACK – New Relic (NYSE:NEWR), the all-in-one observability platform for every engineer, and JFrog (NASDAQ:FROG), the Liquid Software company and creator...

New Relic Named #1 Most Innovative Platform in Cloud Observability by GigaOm
SAN FRANCISCO--(BUSINESS WIRE)-- #gigaom--New Relic, the all-in-one observability platform for every engineer, announced it has been named a Leader and Outperformer in the 2023 GigaOm Radar for Cloud ...

New Relic CodeStream Code-Level Metrics Available for All Languages
SAN FRANCISCO--(BUSINESS WIRE)-- #codestream--New Relic, the all-in-one observability platform for every engineer, announced CodeStream code-level metrics and service-level telemetry to deliver insigh...

New Relic Announces Goal for Net-Zero Greenhouse Gas Emissions by 2030
SAN FRANCISCO--(BUSINESS WIRE)-- #SBTi--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced its goal to achieve net-zero greenhouse gas (GHG) emissions by 2030 ...

3 Key Elements of Winning Stocks - This Trio Has Them
Wall St's biggest winners often have 3 key characteristics in common: earnings growth, catalysts, and strong price and volume. Andrew Rocco breaks down 3 stocks with these ingredients.

New Relic to Participate in Upcoming Investor Conferences
SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc.

Benevity Standardizes on New Relic
SAN FRANCISCO--(BUSINESS WIRE)-- #benevity--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced that Benevity, the leading provider of global corporate purpose ...

Here's Why New Relic (NEWR) is a Great Momentum Stock to Buy
Does New Relic (NEWR) have what it takes to be a top stock pick for momentum investors? Let's find out.
Jim Cramer gives a recap on New Relic's latest quarterly earnings
Cramer explained what to make of New Relic's latest quarterly earnings report.
New Relic CEO on the company's relationships with customers
Cramer spoke with New Relic CEO Bill Staples on Thursday.

Earnings Gappers: 3 Stocks Set to Build off Strong EPS
Earnings reactions thus far in 2023 have been largely positive. Positive earnings often can provide follow on entries in the form of breakaway gaps.

New Relic (NEWR) Q3 Earnings and Revenues Top Estimates
New Relic (NEWR) delivered earnings and revenue surprises of 100% and 3.07%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

New Relic stock soars after earnings as forecast tops expectations
Shares of New Relic Inc. NEWR, +1.48% were surging more than 14% in after-hours action Tuesday after the company topped expectations with its latest results and delivered an upbeat forecast. The softw...

William Hill Standardizes on New Relic
SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced that William Hill, one of the world's largest sports betting and...

New Relic Announces Third Quarter Fiscal Year 2023 Results
SAN FRANCISCO--(BUSINESS WIRE)-- #earnings--New Relic, Inc. (NYSE: NEWR), the all-in-one observability platform for every engineer, announced financial results for the third quarter of fiscal year 202...

New Relic Launches Industry's Only Full-Stack Change Tracking Solution
SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, launched the industry's only change tracking solution that gives engineering teams c...

New Relic Now Available as a Native Azure Service
SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced the general availability of the Azure Native New Relic Service in the Micr...

New Relic Announces Date of Third Quarter Fiscal Year 2023 Financial Results Conference Call
SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced it will report its financial results for fiscal year 2023 third quarter, w...

New Relic Announces General Availability of Vulnerability Management
SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced the general availability of New Relic Vulnerability Management to provide ...

New Relic Launches New Error Tracking Capabilities
SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced the general availability of new error tracking capabilities to help engine...

New Relic Expands Technology Partner Ecosystem with Over 100 Integrations
SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced it has expanded its partner ecosystem to help organizations mature their o...

New Relic Recognized as 2022 Gartner® Peer Insights™ Customers' Choice for Application Performance Monitoring and Observability among Global and Large Enterprises
SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced the company has been named Customers' Choice in the 2022 Gartner Peer Insi...