NYSE:NEWR New Relic (NEWR) Stock Price, News & Analysis → Major Elon Musk Crypto Leak Revealed (From Crypto 101 Media) (Ad) Free NEWR Stock Alerts Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$86.97▼$87.0150-Day Range$85.43▼$86.9952-Week Range$50.30▼$87.01Volume4.22 million shsAverage Volume1.04 million shsMarket Capitalization$6.18 billionP/E RatioN/ADividend YieldN/APrice Target$85.67 Stock AnalysisStock AnalysisAnalyst ForecastsEarningsHeadlinesInsider TradesOwnershipShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsEarningsHeadlinesInsider TradesOwnershipShort InterestSocial MediaSustainability Get New Relic alerts: Email Address New Relic MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside1.5% Downside$85.67 Price TargetShort InterestN/ADividend StrengthN/ASustainability-0.63Upright™ Environmental ScoreNews Sentiment0.32Based on 9 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.71) to ($0.40) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.42 out of 5 starsComputer And Technology Sector564th out of 588 stocksPrepackaged Software Industry197th out of 200 stocks 1.0 Analyst's Opinion Consensus RatingNew Relic has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 10 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $85.67, New Relic has a forecasted downside of 1.5% from its current price of $86.99.Amount of Analyst CoverageNew Relic has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for NEWR. Previous Next 0.0 Dividend Strength Dividend YieldNew Relic does not currently pay a dividend.Dividend GrowthNew Relic does not have a long track record of dividend growth. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNew Relic has received a 36.11% net impact score from Upright. New Relic seems to create the most significant positive value in categories "Taxes", "Creating knowledge", and "Jobs". The positive contribution in the "Creating knowledge" impact category is mostly driven by its "Data analytics services", "Cloud management tools", and "Hosted data storage services" products. See details.Environmental SustainabilityThe Environmental Impact score for New Relic is -0.63. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 9 news articles for New Relic this week, compared to 5 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Relic insiders have not sold or bought any company stock.Percentage Held by Insiders23.00% of the stock of New Relic is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions85.93% of the stock of New Relic is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for New Relic are expected to grow in the coming year, from ($0.71) to ($0.40) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Relic is -41.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of New Relic is -41.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNew Relic has a P/B Ratio of 15.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About New Relic Stock (NYSE:NEWR)New Relic, Inc., a software-as-a-service company, delivers a software platform for customers to collect telemetry data and derive insights from that data in a unified front-end application. It offers a suite of products on its open and extensible cloud-based platform, which enables users to collect, store, and analyze telemetry data. The company's platform also provides New Relic Instant Observability, an open-source ecosystem of quickstarts that delivers pre-built integrations, dashboards, and alerts for approximately 450 technologies and frameworks; and supports custom app development through common open-source frameworks, a library of existing applications, and a development environment. It sells its products through direct sales organizations, and online and offline sales in the United States and internationally. New Relic, Inc. was founded in 2007 and is headquartered in San Francisco, California.Read More Ad WealthPress$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…Go here to watch the most recent trading workshop video at no charge. NEWR Stock News HeadlinesMarch 29, 2024 | msn.comSega to Sell Relic Entertainment, Will Cut 240 Employees Across UK, EuropeMarch 28, 2024 | msn.comHonkai Star Rail 2.3 leaks: New upcoming Light Cones, Relics, and other rumorsMarch 29, 2024 | Crypto 101 Media (Ad)Major Elon Musk Crypto Leak RevealedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.March 28, 2024 | msn.comSega Europe laying off 240 workers, selling off Company of Heroes developer RelicMarch 27, 2024 | businesswire.comNew Relic Named a Cloud Observability Leader by GigaOmMarch 26, 2024 | finance.yahoo.comJana Partners Cuts Ties with New Relic Inc, Impacting Portfolio by -19.64%March 24, 2024 | yahoo.comMore than 150 years after the battle, these podcasters are digging up new Antietam storiesMarch 23, 2024 | msn.comRelic Castle: Popular Pokémon fan site to shut after takedown noticeMarch 29, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. 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Why?March 22, 2024 | msn.comAventurine Build —Best Light Cone, Relic Guide In Honkai Star RailMarch 21, 2024 | msn.comWhat the Tech: Is it time to upgrade to a new computer?March 21, 2024 | msn.comGallagher Build - Best Light Cone & Relic Guide In Honkai Star RailMarch 21, 2024 | msn.comAcheron Build – Best Light Cone, Relic Guide In Honkai Star RailMarch 20, 2024 | finanznachrichten.deNew Relic Corporate Communications: New Relic Deepens Commitment to Open Source with One-Step Observability for OpenTelemetryMarch 20, 2024 | businesswire.comNew Relic Deepens Commitment to Open Source with One-Step Observability for OpenTelemetryMarch 18, 2024 | ca.news.yahoo.com‘Rust’ Armorer Seeks New Trial and Release From JailMarch 18, 2024 | businessinsider.comThe royals' old creed of 'never complain, never explain' is a relic of a bygone eraMarch 16, 2024 | msn.comThe 1988’s K-3 Leninsky Komsomol: Relic of the USSR’s November-Class Submarines Finds New BerthMarch 15, 2024 | msn.comInside the UK bunker with a secret escape route built to withstand a nuclear blastMarch 15, 2024 | msn.comI'm a millennial who thought cubicles were a dreary relic from the '90s — then I realized they can be social and personalMarch 15, 2024 | yahoo.comCharvel launches its latest Pro-Mod model – bringing relic’d finishes to its standard rangeMarch 14, 2024 | msn.comNew app tracking CATS busesMarch 13, 2024 | nytimes.comA Provocative New Biography of Emerson Focuses on the ManMarch 13, 2024 | businesswire.comNew Relic Announces Ashish Agarwal as Chief Financial OfficerMarch 13, 2024 | finance.yahoo.comNew Relic Announces General Availability of IAST with Industry’s First Proof-of-Exploit Reporting for Application SecuritySee More Headlines Receive NEWR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Relic and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/27/2023Today3/29/2024Fiscal Year End3/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNYSE:NEWR CUSIPN/A CIK1448056 Webwww.newrelic.com Phone(650) 777-7600Fax604-601-8279Employees2,663Year FoundedN/APrice Target and Rating Average Stock Price Target$85.67 High Stock Price Target$87.00 Low Stock Price Target$75.00 Potential Upside/Downside-1.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($2.09) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-180,250,000.00 Net Margins-14.92% Pretax Margin-12.73% Return on Equity-12.82% Return on Assets-4.02% Debt Debt-to-Equity RatioN/A Current Ratio1.58 Quick Ratio1.58 Sales & Book Value Annual Sales$925.63 million Price / Sales6.67 Cash FlowN/A Price / Cash FlowN/A Book Value$5.46 per share Price / Book15.93Miscellaneous Outstanding Shares71,020,000Free Float54,688,000Market Cap$6.18 billion OptionableOptionable Beta0.84 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Lewis Cirne (Age 53)Founder & Non-Executive Chairman of the Board Mr. William Staples (Age 50)CEO & Director Comp: $953.77kMr. David Barter (Age 51)Chief Financial Officer Comp: $412.55kMs. Kristy Friedrichs (Age 42)Chief Operating Officer Comp: $628.2kMr. Thomas Lloyd (Age 39)Chief Legal Officer & Corporate Secretary Comp: $549.92kMr. Mark Dodds (Age 58)Chief Revenue Officer Comp: $503.53kMr. Siva PadisettyChief Technology OfficerMs. Tracy WilliamsChief People & Diversity OfficerMr. Manav KhuranaChief Product OfficerMr. Peter Pezaris (Age 53)Chief Design & Strategy Officer More ExecutivesKey CompetitorsQualysNASDAQ:QLYSZoomInfo TechnologiesNASDAQ:ZISentinelOneNYSE:STenableNASDAQ:TENBBILLNYSE:BILLView All CompetitorsInsiders & InstitutionsGTS Securities LLCSold 3,700 shares on 2/15/2024Ownership: 0.000%Citadel Advisors LLCSold 30,400 shares on 2/15/2024Ownership: 0.000%Parallax Volatility Advisers L.P.Sold 200,000 shares on 2/15/2024Ownership: 0.000%Simplex Trading LLCSold 41,200 shares on 2/2/2024Ownership: 0.000%Public Employees Retirement System of OhioBought 51,950 shares on 1/1/2024Ownership: 0.108%View All Insider TransactionsView All Institutional Transactions NEWR Stock Analysis - Frequently Asked Questions Should I buy or sell New Relic stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New Relic in the last twelve months. There are currently 10 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NEWR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NEWR, but not buy additional shares or sell existing shares. View NEWR analyst ratings or view top-rated stocks. What is New Relic's stock price target for 2024? 10 equities research analysts have issued 12-month price objectives for New Relic's shares. Their NEWR share price targets range from $75.00 to $87.00. On average, they expect the company's stock price to reach $85.67 in the next twelve months. This suggests that the stock has a possible downside of 1.5%. View analysts price targets for NEWR or view top-rated stocks among Wall Street analysts. How were New Relic's earnings last quarter? New Relic, Inc. (NYSE:NEWR) released its earnings results on Friday, October, 27th. The software maker reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.12. The software maker had revenue of $242.80 million for the quarter, compared to analyst estimates of $250.58 million. New Relic had a negative net margin of 14.92% and a negative trailing twelve-month return on equity of 12.82%. The firm's quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.13 EPS. What ETFs hold New Relic's stock? ETFs with the largest weight of New Relic (NYSE:NEWR) stock in their portfolio include ProShares Big Data Refiners ETF (DAT), iShares Future Cloud 5G and Tech ETF (IDAT), Invesco Next Gen Connectivity ETF (PXQ), Goldman Sachs Hedge Industry VIP ETF (GVIP), ROBO Global Artificial Intelligence ETF (THNQ), Fidelity Cloud Computing ETF (FCLD), Amplify Global Cloud Technology ETF (IVES) and LeaderShares Activist Leaders ETF (ACTV). What is Lew Cirne's approval rating as New Relic's CEO? 441 employees have rated New Relic Chief Executive Officer Lew Cirne on Glassdoor.com. Lew Cirne has an approval rating of 86% among the company's employees. What other stocks do shareholders of New Relic own? Based on aggregate information from My MarketBeat watchlists, some companies that other New Relic investors own include NVIDIA (NVDA), Adobe (ADBE), Block (SQ), PayPal (PYPL), Okta (OKTA), Alibaba Group (BABA), Cisco Systems (CSCO), Micron Technology (MU), Trade Desk (TTD) and Walt Disney (DIS). When did New Relic IPO? New Relic (NEWR) raised $95 million in an initial public offering on Friday, December 12th 2014. The company issued 5,000,000 shares at a price of $18.00-$20.00 per share. Morgan Stanley and J.P. Morgan served as the underwriters for the IPO and Allen & Company, UBS Securities, JMP Securities and Raymond James were co-managers. Who are New Relic's major shareholders? New Relic's stock is owned by many different retail and institutional investors. Top institutional shareholders include GTS Securities LLC (0.00%), Parallax Volatility Advisers L.P. (0.00%), Citadel Advisors LLC (0.00%), Concourse Financial Group Securities Inc. (0.00%) and Simplex Trading LLC (0.00%). Insiders that own company stock include David Barter, Jana Partners Llc, Kristy Friedrichs, Lewis Cirne, Mark Dodds, Mark Sachleben, Radhakrishnan Mahendran, Steve Hurn, Thomas J Lloyd, Thomas J Lloyd and William Staples. View institutional ownership trends. This page (NYSE:NEWR) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingFed launches fourth dollar overhaulStansberry ResearchThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding New Relic, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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