The New York Times Company (NYT)

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 46, with a low estimate of 37 and a high estimate of 53. The average target predicts a decrease of -12.20% from the current stock price of 52.39.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$37	$46	$46	$53
Change	-29.38%	-12.20%	-12.20%	+1.16%

* Price targets were last updated on May 9, 2024.

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	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	0	1	1	1	1	1
Buy	1	1	1	2	2	2
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	5	5	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vijay Jayant Evercore ISI Group	Evercore ISI Group	Buy Maintains $50 → $53	Buy	Maintains	$50 → $53	+1.16%	May 9, 2024
Jason Bazinet Citigroup	Citigroup	Strong Buy Initiates $52	Strong Buy	Initiates	$52	-0.74%	Mar 12, 2024
Thomas Yeh Morgan Stanley	Morgan Stanley	Hold Maintains $42 → $45	Hold	Maintains	$42 → $45	-14.11%	Nov 9, 2023
Curry Baker Guggenheim	Guggenheim	Hold Maintains $37 → $43	Hold	Maintains	$37 → $43	-17.92%	Aug 10, 2023
David Karnovsky JP Morgan	JP Morgan	Buy Maintains $41 → $46	Buy	Maintains	$41 → $46	-12.20%	Aug 9, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

2.58B

Increased by 6.46%

from 2.43B

Revenue Next Year

2.73B

Increased by 5.50%

from 2.58B

EPS This Year

1.84

Increased by 31.30%

from 1.40

EPS Next Year

1.98

Increased by 7.76%

from 1.84

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027
Revenue	1.81B	1.78B	2.07B	2.31B	2.43B	2.58B	2.73B	2.87B	2.98B
Revenue Growth	3.64%	-1.58%	16.33%	11.25%	5.10%	6.46%	5.50%	5.17%	3.80%
EPS	0.84	0.60	1.31	1.04	1.40	1.84	1.98	2.19	2.38
EPS Growth	10.53%	-28.57%	118.33%	-20.61%	34.62%	31.30%	7.76%	10.66%	8.52%
Forward PE	-	-	-	-	-	28.50	26.45	23.90	22.03
No. Analysts	-	-	-	-	-	9	9	8	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027
High	2.7B	2.9B	3.1B	3.1B
Avg	2.6B	2.7B	2.9B	3.0B
Low	2.5B	2.6B	2.7B	2.9B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	11.3%	11.5%	13.3%	8.0%
Avg	6.5%	5.5%	5.2%	3.8%
Low	2.5%	-0.1%	-2.6%	0.6%

EPS Forecast

EPS	2024	2025	2026	2027
High	1.94	2.15	2.45	2.51
Avg	1.84	1.98	2.19	2.38
Low	1.75	1.81	1.88	2.27

EPS Growth

EPS Growth	2024	2025	2026	2027
High	38.8%	17.1%	23.5%	14.5%
Avg	31.3%	7.8%	10.7%	8.5%
Low	25.3%	-1.5%	-5.0%	3.7%

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.