New Relic, Inc. NEWR
86.99 0.00 (+0.00%)
At closeNov 7, 2023, 4:00 PM EST
86.97 Day range 87.01
52-week range unavailable
Analyst view
Consensus: hold
Hold
Price target (mean) 84.00 -3.4% downside
Now 86.99
- Target (low)
- 75.00
- Target (mean)
- 84.00
- Target (high)
- 87.00
Ratings (0m) 14 10 buy · 4 hold · 0 sell
- Strong buy4
- Buy6
- Hold4
- Sell0
- Strong sell0
Recommendation trend
- This month 14
- 1 month ago 16
- 2 months ago 18
- 3 months ago 14
Earnings and revenue estimates
Consensus for the coming quarters and fiscal years
| Period | EPS estimate | Low – high | Year ago | EPS growth | Revenue estimate | Revenue growth | Analysts |
|---|---|---|---|---|---|---|---|
| Current quarter | 0.48 | 0.48 – 0.48 | 0.32 | +50.0% | 264.80M | 0.0% | 2 |
| Next quarter | 0.50 | 0.49 – 0.51 | 0.42 | +19.0% | 270.50M | +11.6% | 2 |
| Current year | 1.81 | 1.77 – 1.86 | 0.63 | +187.3% | 1.03B | +11.0% | 2 |
| Next year | 2.19 | 2.08 – 2.30 | 1.81 | +21.0% | 1.18B | +14.4% | 2 |
Upgrades and downgrades
The latest rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 14, 2023 | DA Davidson | Downgrade | Buy | Neutral |
| Aug 1, 2023 | Raymond James | Downgrade | Strong Buy | Market Perform |
| Jul 31, 2023 | Credit Suisse | Downgrade | Outperform | Neutral |
| Jul 31, 2023 | Baird | Downgrade | Outperform | Neutral |
| Jul 31, 2023 | BMO Capital | Maintained | Market Perform | Market Perform |
| Jul 31, 2023 | RBC Capital | Downgrade | Outperform | Sector Perform |
| Jul 31, 2023 | Loop Capital | Maintained | Hold | Hold |
| Jul 31, 2023 | TD Cowen | Maintained | Market Perform | Market Perform |
| Jul 31, 2023 | Truist Securities | Maintained | Hold | Hold |
| Jul 31, 2023 | Wedbush | Reiterated | Neutral | Neutral |
| May 25, 2023 | Needham | Reiterated | Hold | Hold |
| May 25, 2023 | JMP Securities | Maintained | — | Market Perform |
| May 25, 2023 | RBC Capital | Upgrade | Sector Perform | Outperform |
| May 23, 2023 | Loop Capital | Maintained | Hold | Hold |
| May 23, 2023 | Credit Suisse | Reiterated | Outperform | Outperform |
| May 23, 2023 | DA Davidson | Maintained | Buy | Buy |
| May 23, 2023 | Baird | Maintained | Outperform | Outperform |
| May 23, 2023 | JMP Securities | Maintained | — | Market Perform |
| May 23, 2023 | RBC Capital | Maintained | — | Sector Perform |
| May 23, 2023 | Truist Securities | Maintained | Hold | Hold |
| May 17, 2023 | RBC Capital | Reiterated | Sector Perform | Sector Perform |
| Apr 5, 2023 | DA Davidson | Initiated | — | Buy |
| Feb 8, 2023 | Canaccord Genuity | Maintained | — | Buy |
| Feb 8, 2023 | BMO Capital | Maintained | — | Market Perform |
| Feb 7, 2023 | Raymond James | Maintained | — | Strong Buy |
| Feb 7, 2023 | Baird | Maintained | — | Outperform |
| Feb 7, 2023 | Cowen & Co. | Maintained | — | Market Perform |
| Feb 7, 2023 | Morgan Stanley | Maintained | — | Equal-Weight |
| Feb 7, 2023 | Wedbush | Maintained | — | Neutral |
| Feb 7, 2023 | Credit Suisse | Maintained | — | Outperform |