New Relic (NEWR)
NYSE:NEWR

New Relic Stock Forecast & Price Target

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See the Price Targets and Ratings of:

Analyst Rating Consensus

Moderate Buy
9Ratings
3 Buy
6 Hold
0 Sell
Based on 9 analysts giving stock ratings to
New
Relic
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

NEWR Stock Price Prediction

Average Price Target

$66.13
▲(25.67% Upside)
Based on 9 Wall Street analysts offering 12 month price targets for New Relic in the last 3 months. The average price target is $66.13 with a high forecast of $78.00 and a low forecast of $55.00. The average price target represents a 25.67% change from the last price of $52.62.
Highest Price Target$78.00Average Price Target$66.13Lowest Price Target$55.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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JMP Securities
Hold
Reiterated
JMP Securities Keeps Their Hold Rating on New Relic (NEWR)
Truist Financial
$80.00
Buy
52.03%
Upside
Reiterated
New Relic price target lowered to $80 from $85 at TruistNew Relic price target lowered to $80 from $85 at Truist
Loop Capital Markets
$90.00
Hold
71.04%
Upside
Reiterated
New Relic price target lowered to $90 from $110 at Loop CapitalNew Relic price target lowered to $90 from $110 at Loop Capital
CFRA Analyst forecast on NEWR
Unknown Analyst
Not Ranked
CFRA
$96.00
Hold
82.44%
Upside
Downgraded
CFRA downgrades New Relic (NEWR) to HoldCFRA downgraded New Relic (NYSE: NEWR) from Strong Buy to Hold with a price target of $96.00 (from $168.00).
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NEWR Financial Forecast

NEWR Earnings Forecast
Next quarter’s earnings estimate for NEWR is $0.15 with a range of $0.12 to $0.16. The previous quarter’s EPS was $0.13. NEWR beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.82% of the time in the same period. In the last calendar year NEWR has Underperformed its overall industry.
Next quarter’s earnings estimate for NEWR is $0.15 with a range of $0.12 to $0.16. The previous quarter’s EPS was $0.13. NEWR beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.82% of the time in the same period. In the last calendar year NEWR has Underperformed its overall industry.
NEWR Sales Forecast
Next quarter’s sales forecast for NEWR is $233.02M with a range of $230.06M to $238.06M. The previous quarter’s sales results were $226.91M. NEWR beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 67.20% of the time in the same period. In the last calendar year NEWR has Outperformed its overall industry.
Next quarter’s sales forecast for NEWR is $233.02M with a range of $230.06M to $238.06M. The previous quarter’s sales results were $226.91M. NEWR beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 67.20% of the time in the same period. In the last calendar year NEWR has Outperformed its overall industry.
NEWR Analyst Recommendation Trends
In the current month, NEWR has received 2 Buy ratings 5 Hold ratings, and 0 Sell ratings. The NEWR average analyst price target in the past 3 months is $66.13
In the current month, NEWR has received 2 Buy ratings 5 Hold ratings, and 0 Sell ratings. The NEWR average analyst price target in the past 3 months is $66.13

NEWR Stock Forecast FAQ

What is NEWR’s average 12-month price target, according to analysts?
Based on analyst ratings, New Relic’s 12-month average price target is $66.13.
    What is NEWR’s upside potential, based on the analysts’ average price target?
    New Relic has 25.67% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is NEWR a Buy, Sell or Hold?
          New Relic has a conensus rating of Moderate Buy which is based on 3 buy ratings, 6 hold ratings and 0 sell ratings.
            What is New Relic’s price target?
            The average price target for New Relic is $66.13. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $78.00 ,the lowest forecast is $55.00. The average price target represents 25.67% Increase from the current price of $52.62.
              What do analysts say about New Relic?
              New Relic’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 9 Wall Streets Analysts.

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