JPMorgan Chase & Co. Forecasts Strong Price Appreciation for New York Times (NYSE:NYT) Stock

New York Times (NYSE:NYT) had its target price raised by stock analysts at JPMorgan Chase & Co. from $71.00 to $74.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 8.71% from the company’s previous close.

Several other research analysts have also recently commented on the company. Guggenheim set a $63.00 target price on New York Times and gave the stock a “neutral” rating in a research note on Wednesday. Citigroup decreased their price objective on New York Times from $81.00 to $77.00 and set a “buy” rating for the company in a research note on Thursday. Evercore upped their target price on shares of New York Times from $69.00 to $75.00 and gave the stock an “outperform” rating in a research note on Thursday. Weiss Ratings reiterated a “buy (b)” rating on shares of New York Times in a report on Thursday, January 22nd. Finally, Morgan Stanley set a $68.00 price objective on shares of New York Times in a research report on Thursday, December 18th. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $68.43.

New York Times Stock Down 1.5%

Shares of NYT opened at $68.07 on Thursday. The company has a market cap of $11.05 billion, a P/E ratio of 32.57, a PEG ratio of 1.51 and a beta of 1.11. New York Times has a fifty-two week low of $44.83 and a fifty-two week high of $74.04. The firm’s 50 day moving average price is $69.69 and its 200 day moving average price is $62.22.

New York Times (NYSE:NYT) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.88 by $0.01. New York Times had a net margin of 12.18% and a return on equity of 21.02%. The company had revenue of $802.31 million during the quarter, compared to analysts’ expectations of $791.55 million. During the same quarter last year, the company posted $0.80 EPS. The firm’s revenue was up 10.4% compared to the same quarter last year. Research analysts forecast that New York Times will post 2.08 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Navalign LLC purchased a new stake in New York Times in the fourth quarter valued at approximately $25,000. Employees Retirement System of Texas purchased a new stake in New York Times in the 2nd quarter valued at $28,000. Hantz Financial Services Inc. boosted its stake in New York Times by 4,591.7% during the 2nd quarter. Hantz Financial Services Inc. now owns 563 shares of the company’s stock worth $32,000 after purchasing an additional 551 shares during the period. True Wealth Design LLC grew its position in New York Times by 519.6% during the 2nd quarter. True Wealth Design LLC now owns 570 shares of the company’s stock worth $32,000 after purchasing an additional 478 shares during the last quarter. Finally, Cornerstone Planning Group LLC increased its stake in New York Times by 74.2% in the fourth quarter. Cornerstone Planning Group LLC now owns 446 shares of the company’s stock valued at $32,000 after purchasing an additional 190 shares during the period. Hedge funds and other institutional investors own 95.37% of the company’s stock.

More New York Times News

Here are the key news stories impacting New York Times this week:

• Positive Sentiment: Q4 earnings showed continued digital momentum: revenue rose ~10.4%, digital subscriptions, ARPU and advertising strength lifted results and free cash flow was reported at $550.5M — a key fundamental positive for recurring-revenue growth. The New York Times’ Q4 Earnings Beat Highlights Digital Momentum
• Positive Sentiment: The board raised the quarterly dividend to $0.23 (a ~27.8% increase versus prior), which boosts income appeal and signals management confidence in cash flow.
• Positive Sentiment: Evercore ISI raised its price target to $75 and kept an outperform rating — a vote of confidence that implies meaningful upside from current levels. New York Times (NYSE:NYT) Price Target Raised to $75.00 at Evercore ISI
• Positive Sentiment: J.P. Morgan raised its target to $74 and carries an overweight rating, adding institutional validation for the stock’s growth thesis. New York Times (NYSE:NYT) Price Target Raised to $74.00 at JPMorgan Chase & Co.
• Neutral Sentiment: Analyst/commentary pieces highlight NYT as a long-term growth stock based on digital subscription trends; helpful for sentiment but not an immediate catalyst. Why New York Times Co. (NYT) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: High-profile content (Olympics coverage and other major stories) can lift traffic and engagement intermittently, but the immediate stock effect is uncertain. Example Olympic coverage: USA women’s hockey / norovirus story. USA downs Czech Republic on Day 1 of Olympic women’s hockey headlined by norovirus outbreak
• Negative Sentiment: Despite the positive newsflow, shares are lower today — likely reflecting near-term profit-taking after recent gains, a relatively high P/E (~32.6) and limited immediate upside for traders who had already priced in the beat and analyst raises. Investors should watch upcoming subscription trends and guidance for confirmation of sustained digital growth.

About New York Times

The New York Times Company is a publicly traded media organization best known for publishing The New York Times newspaper and operating the NYTimes.com digital platform. The company produces daily print and digital journalism covering national and international news, opinion pieces, feature stories, and multimedia content. Alongside its flagship newspaper, the firm offers a range of subscription-based services, including Times Cooking, NYT Games, podcasts and newsletters, designed to engage a broad audience of readers and advertisers.

Founded in 1851 by Henry Jarvis Raymond and George Jones, The New York Times has built a reputation for in-depth reporting and investigative journalism.