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New Relic NYSE:NEWR Stock Report

Last Price

US$86.99

Market Cap

US$6.2b

7D

0.09%

1Y

47.3%

Updated

09 Nov, 2023

Data

Company Financials +

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

NEWR Stock Overview

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. More details

NEWR fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

New Relic, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for New Relic
Historical stock prices
Current Share PriceUS$86.99
52 Week HighUS$87.01
52 Week LowUS$50.30
Beta0.84
1 Month Change1.29%
3 Month Change3.76%
1 Year Change47.29%
3 Year Change58.54%
5 Year Change1.67%
Change since IPO155.93%

Recent News & Updates

Recent updates

New Relic: A Great Way To Cash Out

Aug 01

New Relic: The Impact Of Revenue Growth Deceleration (Rating Downgrade)

Jun 27

New Relic: Full Steam Ahead; Buy With Confidence (Rating Upgrade)

May 30

New Relic Non-GAAP EPS of $0.32 beats by $0.17, revenue of $239.8M beats by $6.88M

Feb 07

New Relic: Scoop This Up As Growth Revs Up Again

Jan 17

New Relic: From Bubble To Overvalued

Nov 01

Skykit joins hands with New Relic for making data observatory more accessible

Oct 20

New Relic: The Rally Is Just Beginning

Aug 09

New Relic jumps 16% on report of potential sale process

Jul 20

New Relic goes into the red following Morgan Stanley downgrade

Jul 11

Shareholder Returns

NEWRUS SoftwareUS Market
7D0.09%-2.2%-2.4%
1Y47.3%22.4%23.4%

Return vs Industry: NEWR exceeded the US Software industry which returned 44.1% over the past year.

Return vs Market: NEWR exceeded the US Market which returned 14.1% over the past year.

Price Volatility

Is NEWR's price volatile compared to industry and market?
NEWR volatility
NEWR Average Weekly Movement0.4%
Software Industry Average Movement7.9%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: NEWR has not had significant price volatility in the past 3 months.

Volatility Over Time: NEWR's weekly volatility has decreased from 5% to 0% over the past year.

About the Company

FoundedEmployeesCEOWebsite
20072,383Bill Stapleswww.newrelic.com

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.

New Relic, Inc. Fundamentals Summary

How do New Relic's earnings and revenue compare to its market cap?
NEWR fundamental statistics
Market capUS$6.18b
Earnings (TTM)-US$144.41m
Revenue (TTM)US$967.64m

6.4x

P/S Ratio

-42.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEWR income statement (TTM)
RevenueUS$967.64m
Cost of RevenueUS$222.23m
Gross ProfitUS$745.41m
Other ExpensesUS$889.83m
Earnings-US$144.41m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-2.03
Gross Margin77.03%
Net Profit Margin-14.92%
Debt/Equity Ratio0%

How did NEWR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/11/09 01:37
End of Day Share Price 2023/11/07 00:00
Earnings2023/09/30
Annual Earnings2023/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

New Relic, Inc. is covered by 25 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph BonnerArgus Research Company
William Kingsley CraneBerenberg
Keith BachmanBMO Capital Markets Equity Research