Prenetics Global Limited (PRE)

New Relic Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for New Relic stock has a target of 9.00, which predicts a 12.50% increase from the current stock price of 8.

Price Target: $9.00 (+12.50%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$9.00	$9.00	$9.00	$9.00
Change	+12.50%	+12.50%	+12.50%	+12.50%

* Price targets were last updated on Jan 16, 2025.

Analyst Ratings

According to 1 stock analyst, the rating for New Relic is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ross Osborn Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $9	Buy	Reiterates	$9	+12.50%	Jan 16, 2025
Ross Osborn Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $9	Buy	Reiterates	$9	+12.50%	Dec 4, 2024
Ross Osborn Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $10 → $9	Buy	Maintains	$10 → $9	+12.50%	Apr 4, 2024
Ross Osborn Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $60	Buy	Reiterates	$60	+650.00%	Sep 26, 2023
Ross Osborn Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $90 → $60	Buy	Maintains	$90 → $60	+650.00%	Sep 19, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

91.30M

Increased by 198.17%

from 30.62M

Revenue Next Year

145.84M

Increased by 59.73%

from 91.30M

EPS This Year

-2.74

from -3.71

EPS Next Year

-1.02

from -2.74

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	65.18M	12.53M	13.16M	21.74M	30.62M	91.30M	145.84M
Revenue Growth	605.93%	-80.77%	5.04%	65.17%	40.83%	198.17%	59.73%
EPS	-2.25	-178.81	-37.57	-5.58	-3.71	-2.74	-1.02
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	2	2

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

Revenue Forecast

Revenue	2025	2026
High	94.9M	151.6M
Avg	91.3M	145.8M
Low	88.6M	141.5M

Revenue Growth

Revenue Growth	2025	2026
High	210.0%	66.1%
Avg	198.2%	59.7%
Low	189.3%	55.0%

EPS Forecast

EPS	2025	2026
High	-2.85	-1.06
Avg	-2.74	-1.02
Low	-2.66	-0.99

EPS Growth

EPS Growth	2025	2026
High	-	-
Avg	-	-
Low	-	-

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.