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...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Dec 12, 2014
• Employees: 2,217
• Stock Exchange: NYSE
• Ticker Symbol: NEWR

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.

Analyst 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.

Price Target

$81.97

(8.31% upside)

Analyst Consensus: Buy