New Relic, Inc. (NEWR)

Nov 8, 2023 - NEWR was delisted (reason: acquired by Francisco Partners and TPG)
86.99
+0.02 (0.02%)
Last trade price
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... [Read more]

Sector Technology
IPO Date Dec 12, 2014
Employees 2,663
Stock Exchange NYSE
Ticker Symbol NEWR
Full Company Profile

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.

Financial Statements

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
Stock Forecasts

News

New Relic Named a Cloud Observability Leader 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 for the third year in a row and an Outperfomer in th...

22 hours ago - Business Wire

New Relic Deepens Commitment to Open Source with One-Step Observability for OpenTelemetry

PARIS--(BUSINESS WIRE)-- #k8s--KUBECON EUROPE—New Relic, the all-in-one observability platform for every engineer, announced that it will now provide native support for OpenTelemetry and Prometheus-in...

8 days ago - Business Wire

New Relic Announces Ashish Agarwal as Chief Financial Officer

SAN FRANCISCO--(BUSINESS WIRE)-- #cfo--New Relic, the all-in-one observability platform for every engineer, announced Ashish Agarwal as the company's next Chief Financial Officer. Agarwal is an experi...

14 days ago - Business Wire

New Relic Announces General Availability of IAST with Industry's First Proof-of-Exploit Reporting for Application Security

SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic, the all-in-one observability platform for every engineer, launched new capabilities for New Relic IAST (Interactive Application Security Testing)...

15 days ago - Business Wire

New Relic Launches Live Archives: Historical Logs with Instant Access

SAN FRANCISCO--(BUSINESS WIRE)-- #compliance--New Relic launched live archives, providing instant access and easy analysis for historical logs to help organizations manage compliance requirements.

4 weeks ago - Business Wire

Sentry Software Partners with New Relic to Help Organizations Track their Carbon Footprint with On-prem Infrastructure Observability

PARIS--(BUSINESS WIRE)--Sentry Software, a renowned leader in hardware and storage observability with a strong commitment to sustainable IT practices, announced an integration with New Relic, the all-...

4 weeks ago - Business Wire

Trek Medics Grows Emergency Response Services 9X with New Relic

SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic, the all-in-one observability platform for every engineer, announced that Trek Medics, a nongovernmental organization (NGO) dedicated to improving...

4 weeks ago - Business Wire

New Relic Pioneers Business Observability with Pathpoint

SAN FRANCISCO--(BUSINESS WIRE)-- #businessobservability--New Relic, the all-in-one observability platform for every engineer, announced New Relic Pathpoint, a business observability solution designed ...

2 months ago - Business Wire

New Relic Recognized as a Customers' Choice in 2023 Gartner Peer Insights™ Voice of the Customer for Application Performance Monitoring and Observability

SAN FRANCISCO--(BUSINESS WIRE)-- #gartner--New Relic, the all-in-one observability platform for every engineer, announced the company has been named a Customers' Choice in the 2023 Gartner Peer Insigh...

2 months ago - Business Wire

LambdaTest Integrates with New Relic to Deliver Unmatched Test Observability

NOIDA, India & SAN FRANCISCO--(BUSINESS WIRE)-- #DigitalExperienceTesting--LambdaTest Integrates with New Relic to address challenges in observability & streamline software development for faster prod...

2 months ago - Business Wire

New Relic Appoints Ashan Willy as Chief Executive Officer

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, the all-in-one observability platform for every engineer, announced that Ashan Willy has been appointed Chief Executive Officer, effective December 4. “I hav...

4 months ago - Business Wire

New Relic Launches Industry's First APM for AI

SAN FRANCISCO--(BUSINESS WIRE)-- #AImonitoring--New Relic, the all-in-one observability platform for every engineer, launched New Relic AI monitoring (AIM), the industry's first APM solution for AI-po...

4 months ago - Business Wire

Francisco Partners and TPG Complete Acquisition of New Relic

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, the all-in-one observability platform for every engineer, announced that Francisco Partners and TPG have completed their all-cash acquisition of New Relic fo...

Other symbols: TPG
5 months ago - Business Wire

New Relic Stockholders Approve Acquisition by Francisco Partners and TPG

SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced that its stockholders have voted to approve the acquisition of New Relic by ...

5 months ago - Business Wire

New Relic Announces Second Quarter Fiscal Year 2024 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 second quarter of fiscal year 20...

5 months ago - Business Wire

New Relic Named an APM Leader by GigaOm

SAN FRANCISCO--(BUSINESS WIRE)-- #apm--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced it has been named a Leader in the 2023 GigaOm Radar for APM. The repo...

5 months ago - Business Wire

Shareholder Rights Firm Julie & Holleman LLP Investigates Proposed Buyout of New Relic and Encourages Investors to Contact the Firm

NEW YORK , Oct. 11, 2023 /PRNewswire/ -- Julie & Holleman LLP, a preeminent law firm focused on shareholder rights, is investigating the proposed $6.5 billion acquisition of New Relic, Inc. (NYSE: NEW...

6 months ago - PRNewsWire

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against New Relic, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 2, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, Inc....

6 months ago - Accesswire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against New Relic, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / September 29, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, I...

6 months ago - Accesswire

NEW RELIC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of New Relic - NEWR

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of New Relic (NYSE:...

6 months ago - Business Wire

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against New Relic, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / September 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, I...

6 months ago - Accesswire

New Relic Launches Session Replay

SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, launched New Relic Session Replay to provide engineers with vital context ...

6 months ago - Business Wire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against New Relic, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / September 18, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, I...

6 months ago - Accesswire

Mux Announces Integration with New Relic for All-in-One Streaming Video Observability

AMSTERDAM--(BUSINESS WIRE)--IBC Show – Mux, the leading provider of online video infrastructure, announced an integration with New Relic, the all-in-one observability platform for every engineer, that...

6 months ago - Business Wire

New Relic Announces Completion of “Go-Shop” Period

SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced the completion of the 45-day “go-shop” period pursuant to the terms of the p...

7 months ago - Business Wire