The New York Times Company (NYT)
NYSE: NYT · IEX Real-Time Price · USD
41.63
+0.02 (0.05%)
Apr 18, 2024, 12:57 PM EDT - Market open
New York Times Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for New York Times stock have an average target of 44.6, with a low estimate of 37 and a high estimate of 52. The average target predicts an increase of 7.13% from the current stock price of 41.63.
Analyst Consensus: Buy
* Price targets were last updated on Mar 12, 2024.
Analyst Ratings
The average analyst rating for New York Times stock from 5 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Initiates $52 | Strong Buy | Initiates | $52 | +24.91% | Mar 12, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $42 → $45 | Hold | Maintains | $42 → $45 | +8.10% | Nov 9, 2023 |
| Guggenheim | Guggenheim | Hold Maintains $37 → $43 | Hold | Maintains | $37 → $43 | +3.29% | Aug 10, 2023 |
| JP Morgan | JP Morgan | Buy Maintains $41 → $46 | Buy | Maintains | $41 → $46 | +10.50% | Aug 9, 2023 |
| Barclays | Barclays | Hold Maintains $36 → $37 | Hold | Maintains | $36 → $37 | -11.12% | Aug 9, 2023 |
Financial Forecast
Revenue This Year
2.58B
from 2.43B
Increased by 6.34%
Revenue Next Year
2.72B
from 2.58B
Increased by 5.58%
EPS This Year
1.69
from 1.40
Increased by 20.77%
EPS Next Year
1.88
from 1.69
Increased by 11.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.7B | 2.9B | 3.1B | 3.2B |
| 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 | 11.1% | 12.1% | 14.1% | 10.3% |
| Avg | 6.3% | 5.6% | 6.0% | 4.1% |
| Low | 2.5% | 0.2% | -2.3% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.89 | 2.09 | 2.43 | 2.70 |
| Avg | 1.69 | 1.88 | 2.14 | 2.25 |
| Low | 1.61 | 1.73 | 1.88 | 1.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 35.0% | 23.6% | 28.9% | 25.9% |
| Avg | 20.8% | 11.3% | 13.9% | 4.9% |
| Low | 14.8% | 2.6% | -0.2% | -14.0% |
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.