The New York Times Company (NYT)
NYSE: NYT · Real-Time Price · USD
56.83
+0.99 (1.77%)
Nov 1, 2024, 4:00 PM EDT - Market closed
New York Times Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for New York Times stock have an average target of 53, with a low estimate of 45 and a high estimate of 65. The average target predicts a decrease of -6.74% from the current stock price of 56.83.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for New York Times stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Strong Buy Initiates $65 | Strong Buy | Initiates | $65 | +14.38% | Oct 9, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $56 → $58 | Buy | Maintains | $56 → $58 | +2.06% | Aug 8, 2024 |
| Barclays | Barclays | Hold Maintains $40 → $45 | Hold | Maintains | $40 → $45 | -20.82% | Aug 8, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $50 → $53 | Buy | Maintains | $50 → $53 | -6.74% | May 9, 2024 |
| Citigroup | Citigroup | Strong Buy Initiates $52 | Strong Buy | Initiates | $52 | -8.50% | Mar 12, 2024 |
Financial Forecast
Revenue This Year
2.60B
from 2.40B
Increased by 8.54%
Revenue Next Year
2.78B
from 2.60B
Increased by 6.68%
EPS This Year
1.90
from 1.40
Increased by 35.66%
EPS Next Year
2.08
from 1.90
Increased by 9.51%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.7B | 2.9B | 3.1B | |
| Avg | 2.6B | 2.8B | 3.0B | |
| Low | 2.5B | 2.7B | 2.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 13.0% | 11.8% | 12.3% | |
| Avg | 8.5% | 6.7% | 6.2% | |
| Low | 5.2% | 2.5% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.99 | 2.25 | 2.55 | |
| Avg | 1.90 | 2.08 | 2.35 | |
| Low | 1.80 | 1.95 | 2.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 42.5% | 18.3% | 22.7% | |
| Avg | 35.7% | 9.5% | 12.8% | |
| Low | 28.2% | 2.5% | 0.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.