NYSE:NEWR - New Relic Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $83.30
  • Forecasted Upside: 78.68 %
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$46.62
▼ -0.23 (-0.49%)

This chart shows the closing price for NEWR by one month, three months, or twelve months.

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Analyst Price Target for NEWR

Analyst Price Target is $83.30
▲ +78.68% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for New Relic in the last 3 months. The average price target is $83.30, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 78.68% upside from the last price of $46.62.

This chart shows the closing price for NEWR for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 7 investment analysts is to hold stock in New Relic. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 11 hold ratings
  • 2 sell ratings
11/28/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 10 hold ratings
  • 2 sell ratings
2/26/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 10 hold ratings
  • 1 sell ratings
5/27/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 0 sell ratings
8/25/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 0 sell ratings
11/23/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
2/21/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
4/22/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/22/2022

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/13/2022CowenLower Price Target$80.00 ➝ $65.00Low
5/13/2022Royal Bank of CanadaLower Price Target$90.00 ➝ $45.00Medium
5/13/2022BMO Capital MarketsLower Price Target$96.00 ➝ $50.00Low
5/13/2022CowenLower Price Target$80.00 ➝ $65.00Medium
5/13/2022Needham & Company LLCDowngradeBuy ➝ HoldHigh
5/13/2022Robert W. BairdLower Price TargetNA$117.00 ➝ $75.00High
5/10/2022Truist FinancialLower Price Target$110.00 ➝ $95.00High
3/24/2022Truist FinancialLower Price TargetBuy$120.00 ➝ $110.00High
3/2/2022Needham & Company LLCLower Price TargetBuy$100.00 ➝ $78.00Low
2/9/2022Morgan StanleyLower Price TargetOverweight$150.00 ➝ $138.00High
2/9/2022Needham & Company LLCLower Price TargetBuy$131.00 ➝ $100.00High
1/25/2022Morgan StanleyUpgradeEqual Weight ➝ Overweight$150.00High
11/9/2021Truist FinancialBoost Price TargetBuy$80.00 ➝ $120.00High
11/9/2021Morgan StanleyBoost Price TargetEqual Weight$75.00 ➝ $127.00High
11/9/2021Needham & Company LLCBoost Price TargetBuy$84.00 ➝ $131.00High
11/9/2021Royal Bank of CanadaBoost Price TargetPositive ➝ Sector Perform$74.00 ➝ $112.00High
11/9/2021Robert W. BairdBoost Price TargetPositive ➝ Outperform$80.00 ➝ $117.00High
11/9/2021JPMorgan Chase & Co.UpgradeUnderweight ➝ Overweight$70.00 ➝ $150.00High
10/14/2021Royal Bank of CanadaInitiated CoverageSector Perform$74.00Medium
8/24/2021Needham & Company LLCReiterated RatingBuy$84.00Low
8/5/2021Morgan StanleyBoost Price TargetEqual Weight$70.00 ➝ $75.00High
8/4/2021BMO Capital MarketsBoost Price TargetMarket Perform$58.00 ➝ $70.00High
8/4/2021Needham & Company LLCBoost Price TargetBuy$78.00 ➝ $84.00High
8/4/2021Loop CapitalBoost Price TargetHold$55.00 ➝ $72.00High
7/27/2021Morgan StanleyBoost Price TargetPositive ➝ Equal Weight$64.00 ➝ $70.00High
5/14/2021Loop CapitalLower Price TargetHold$70.00 ➝ $55.00Low
5/14/2021BMO Capital MarketsLower Price TargetMarket Perform$71.00 ➝ $58.00High
5/14/2021Morgan StanleyLower Price TargetEqual Weight$71.00 ➝ $64.00High
4/8/2021Robert W. BairdReiterated RatingBuyLow
2/5/2021Needham & Company LLCLower Price TargetBuy$82.00 ➝ $78.00High
2/5/2021Loop CapitalBoost Price TargetPositive ➝ Hold$60.00 ➝ $70.00High
2/5/2021BMO Capital MarketsBoost Price TargetIn-Line ➝ Market Perform$64.00 ➝ $71.00Medium
2/5/2021UBS GroupDowngradeBuy ➝ Neutral$89.00 ➝ $76.00Medium
2/5/2021Raymond JamesDowngradeStrong-Buy ➝ Market PerformHigh
2/5/2021OppenheimerDowngradeOutperform ➝ Market PerformHigh
11/23/2020KeyCorpInitiated CoverageSector Weight ➝ Sector WeightLow
11/6/2020Morgan StanleyLower Price TargetEqual Weight$68.00 ➝ $65.00High
11/6/2020BMO Capital MarketsLower Price TargetMarket Perform$70.00 ➝ $64.00High
11/6/2020Needham & Company LLCLower Price TargetBuy$77.00 ➝ $72.00High
11/6/2020JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$77.00 ➝ $59.00High
10/7/2020Berenberg BankInitiated CoverageBuy$85.00High
9/15/2020Loop CapitalInitiated CoverageHold$60.00Medium
8/14/2020ArgusDowngradeBuy ➝ HoldLow
8/5/2020Morgan StanleyLower Price TargetEqual Weight$70.00 ➝ $68.00High
8/5/2020Rosenblatt SecuritiesLower Price TargetNeutral$65.00 ➝ $60.00High
8/5/2020Raymond JamesLower Price TargetStrong-Buy$75.00 ➝ $70.00High
8/5/2020OppenheimerReiterated RatingBuyHigh
8/5/2020Needham & Company LLCLower Price TargetBuy$79.00 ➝ $77.00High
8/5/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$72.00 ➝ $61.00High
8/4/2020BMO Capital MarketsBoost Price TargetMarket Perform$70.00 ➝ $78.00High
7/30/2020CowenDowngradeOutperform ➝ Market Perform$72.00High
7/20/2020BarclaysBoost Price TargetUnderweight$42.00 ➝ $56.00High
6/29/2020The Goldman Sachs GroupBoost Price Target$60.00 ➝ $69.00Low
6/11/2020SunTrust BanksBoost Price TargetBuy$75.00 ➝ $80.00Medium
5/15/2020BMO Capital MarketsBoost Price TargetMarket Perform$53.00 ➝ $70.00High
5/15/2020UBS GroupLower Price TargetBuy$98.00 ➝ $89.00Medium
5/15/2020Deutsche Bank AktiengesellschaftBoost Price TargetOutperform$65.00 ➝ $70.00High
5/15/2020Robert W. BairdBoost Price TargetOutperform$58.00 ➝ $75.00High
5/15/2020CowenBoost Price TargetIn-Line ➝ Outperform$70.00 ➝ $75.00High
5/15/2020Morgan StanleyBoost Price TargetEqual Weight$50.00 ➝ $70.00High
5/15/2020Needham & Company LLCBoost Price TargetPositive ➝ Buy$74.00 ➝ $79.00High
5/15/2020Rosenblatt SecuritiesBoost Price TargetNeutral$45.00 ➝ $65.00High
4/27/2020Needham & Company LLCLower Price TargetBuy$108.00 ➝ $74.00Low
4/19/2020Rosenblatt SecuritiesInitiated CoverageNeutral$45.00Medium
4/14/2020SunTrust BanksLower Price TargetBuy$85.00 ➝ $75.00High
4/14/2020Morgan StanleyDowngradeOverweight ➝ Equal Weight$50.00High
4/6/2020Rosenblatt SecuritiesInitiated CoverageNeutral$45.00Medium
4/3/2020Raymond JamesLower Price TargetStrong-Buy$86.00 ➝ $56.00Medium
3/27/2020The Goldman Sachs GroupLower Price TargetSell$57.00 ➝ $56.00High
3/25/2020Morgan StanleyLower Price TargetOverweight$83.00 ➝ $50.00High
3/24/2020OppenheimerLower Price Target$80.00 ➝ $65.00High
2/5/2020SunTrust BanksReiterated RatingBuy$85.00Medium
2/5/2020Raymond JamesBoost Price TargetStrong-Buy$83.00 ➝ $86.00High
2/5/2020WedbushDowngradeOutperform ➝ NeutralHigh
2/5/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform$72.00 ➝ $78.00High
2/3/2020Needham & Company LLCReiterated RatingBuy$110.00Low
2/3/2020Raymond JamesUpgradeMarket Perform ➝ Strong-Buy$83.00Low
1/21/2020BMO Capital MarketsReiterated RatingOutperform$78.00Low
1/14/2020SunTrust BanksBoost Price TargetBuy$80.00 ➝ $85.00Medium
1/13/2020UBS GroupUpgradeNeutral ➝ Buy$68.00 ➝ $98.00High
1/10/2020BarclaysDowngradeEqual Weight ➝ Underweight$63.00High
12/20/2019BarclaysBoost Price TargetEqual Weight$65.00 ➝ $66.00Low
12/13/2019DA DavidsonReiterated RatingBuy ➝ Positive$78.00Low
12/13/2019Needham & Company LLCReiterated RatingBuy$110.00Medium
11/18/2019Needham & Company LLCReiterated RatingBuy$111.00Low
11/6/2019BMO Capital MarketsLower Price TargetOutperform$71.00 ➝ $68.00Medium
11/1/2019BarclaysSet Price TargetHold$66.00Low
10/15/2019BMO Capital MarketsLower Price TargetOutperform$73.00 ➝ $71.00Low
10/11/2019OppenheimerLower Price TargetOutperform$85.00 ➝ $80.00Medium
10/2/2019SunTrust BanksInitiated CoverageBuy$80.00High
9/23/2019Raymond JamesReiterated RatingHoldHigh
9/23/2019CowenSet Price TargetBuy$80.00High
9/20/2019OppenheimerLower Price TargetOutperform$105.00 ➝ $85.00Low
9/17/2019BMO Capital MarketsSet Price TargetBuy$73.00Low
9/17/2019CowenLower Price TargetOutperform$100.00 ➝ $80.00Low
9/17/2019Morgan StanleyLower Price TargetOverweight$84.00 ➝ $80.00Medium
9/17/2019Robert W. BairdLower Price TargetOutperform$84.00 ➝ $77.00Medium
9/17/2019UBS GroupLower Price TargetNeutral$73.00 ➝ $62.00Medium
9/17/2019Needham & Company LLCBoost Price TargetBuy$114.00 ➝ $120.00Low
9/16/2019The Goldman Sachs GroupLower Price TargetSell$65.00 ➝ $52.00High
9/16/2019Deutsche Bank AktiengesellschaftReiterated RatingBuy$90.00 ➝ $65.00High
8/29/2019DA DavidsonSet Price TargetBuy$95.00Low
8/26/2019BarclaysInitiated CoverageEqual Weight$63.00 ➝ $63.00High
8/21/2019Morgan StanleyLower Price TargetOverweight$104.00 ➝ $84.00Medium
8/12/2019ArgusUpgradeHold ➝ Buy$93.00Low
8/7/2019UBS GroupSet Price TargetHold$73.00Low
8/7/2019KeyCorpReiterated RatingHoldLow
8/7/2019Needham & Company LLCSet Price TargetBuy$120.00Low
8/7/2019OppenheimerLower Price TargetOutperform$125.00 ➝ $109.00High
8/7/2019Morgan StanleyLower Price TargetOverweight$115.00 ➝ $104.00High
8/7/2019DA DavidsonLower Price TargetBuy$95.00High
8/7/2019BMO Capital MarketsLower Price TargetOutperform ➝ Positive$73.00High
8/7/2019WedbushReiterated RatingOutperform ➝ Outperform$124.00 ➝ $99.00High
8/7/2019Raymond JamesDowngradeOutperform ➝ Market PerformHigh
8/7/2019First AnalysisDowngradeStrong-Buy ➝ Neutral$80.00High
7/19/2019WedbushReiterated RatingOutperform$124.00Low
7/16/2019BMO Capital MarketsReiterated RatingOutperform ➝ Outperform$118.00 ➝ $115.00High
6/7/2019The Goldman Sachs GroupInitiated CoverageSell ➝ Sell$83.00High
5/15/2019WedbushReiterated RatingOutperform$124.00High
5/15/2019Needham & Company LLCReiterated RatingBuy ➝ Buy$129.00 ➝ $131.00High
4/18/2019WedbushReiterated RatingOutperform$124.00Low
2/27/2019WedbushReiterated RatingOutperform$124.00Medium
2/11/2019JMP SecuritiesReiterated RatingHoldMedium
2/7/2019OppenheimerBoost Price TargetOutperform$110.00 ➝ $125.00Low
2/7/2019Deutsche Bank AktiengesellschaftBoost Price TargetBuy$120.00Low
2/7/2019DA DavidsonReiterated RatingBuyHigh
2/7/2019WedbushReiterated RatingOutperform$116.00 ➝ $124.00High
2/7/2019JPMorgan Chase & Co.Boost Price TargetOverweight$114.00High
2/7/2019BMO Capital MarketsReiterated RatingOutperform ➝ Outperform$110.00 ➝ $118.00High
2/6/2019Robert W. BairdBoost Price TargetOutperform ➝ Outperform$115.00 ➝ $125.00Low
1/15/2019Morgan StanleyUpgradeEqual Weight ➝ OverweightHigh
12/20/2018WedbushReiterated RatingOutperform$116.00High
12/13/2018JPMorgan Chase & Co.UpgradeNeutral ➝ OverweightLow
11/7/2018BMO Capital MarketsLower Price TargetOutperform$117.00 ➝ $110.00High
11/7/2018First AnalysisUpgradeOutperform ➝ Strong-Buy$114.00 ➝ $116.00High
10/23/2018DA DavidsonUpgradeNeutral ➝ Buy$105.00Medium
10/10/2018WedbushReiterated RatingOutperform ➝ Outperform$126.00 ➝ $116.00High
8/8/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$80.00 ➝ $102.00Low
8/8/2018Needham & Company LLCBoost Price TargetBuy$121.00 ➝ $129.00Medium
8/8/2018BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$110.00 ➝ $117.00High
8/8/2018WedbushBoost Price TargetOutperform$116.00 ➝ $126.00High
7/17/2018ArgusInitiated CoverageHoldMedium
7/11/2018DA DavidsonInitiated CoverageNeutral$105.00Low
6/27/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$73.00 ➝ $80.00High
6/25/2018Deutsche Bank AktiengesellschaftInitiated CoverageBuy$125.00High
6/8/2018KeyCorpReiterated RatingEqual WeightLow
6/6/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$67.00 ➝ $73.00Low
6/5/2018Needham & Company LLCReiterated RatingPositive ➝ Buy$121.00Low
6/5/2018Robert W. BairdBoost Price TargetOutperform ➝ Outperform$88.00 ➝ $115.00High
6/5/2018WedbushBoost Price TargetOutperform ➝ Outperform$93.00 ➝ $116.00High
6/5/2018Royal Bank of CanadaBoost Price TargetOutperform$95.00 ➝ $110.00High
6/5/2018JPMorgan Chase & Co.Boost Price TargetNeutral$100.00High
6/5/2018BMO Capital MarketsBoost Price TargetOutperform ➝ Outperform$95.00 ➝ $110.00High
5/9/2018JMP SecuritiesDowngradeOutperform ➝ Market PerformLow
5/9/2018CowenBoost Price TargetOutperform$74.00 ➝ $84.00Medium
5/9/2018OppenheimerBoost Price TargetOutperform$85.00 ➝ $90.00High
5/9/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$61.00 ➝ $67.00High
5/9/2018WedbushReiterated RatingOutperform$93.00 ➝ $86.00High
5/9/2018BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$83.00 ➝ $95.00High
5/8/2018BMO Capital MarketsBoost Price TargetMarket Perform ➝ Market Perform$83.00Medium
4/25/2018WedbushReiterated RatingOutperform$86.00Low
4/2/2018Needham & Company LLCBoost Price TargetBuy ➝ Buy$73.00 ➝ $84.00Low
3/19/2018KeyCorpBoost Price TargetOverweight ➝ Overweight$70.00 ➝ $86.00Low
2/23/2018WedbushInitiated CoverageOutperform$86.00Medium
2/7/2018OppenheimerBoost Price TargetOutperform$57.00 ➝ $66.00High
2/7/2018Needham & Company LLCBoost Price TargetBuy ➝ Buy$69.00 ➝ $73.00High
2/7/2018Robert W. BairdBoost Price TargetOutperform$65.00 ➝ $68.00High
2/7/2018StephensBoost Price TargetOverweight$60.00 ➝ $70.00High
2/7/2018BMO Capital MarketsBoost Price TargetMarket Perform ➝ Market Perform$68.00 ➝ $71.00High
1/12/2018BMO Capital MarketsInitiated CoverageMarket Perform ➝ Market Perform$68.00Low
12/12/2017JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$62.00High
11/9/2017UBS GroupInitiated CoverageNeutral$47.00 ➝ $53.00N/A
11/8/2017JMP SecuritiesBoost Price TargetMarket Outperform$54.00 ➝ $56.00N/A
11/8/2017Morgan StanleyBoost Price TargetEqual Weight$48.00 ➝ $52.00N/A
11/8/2017KeyCorpReiterated RatingOverweight$52.00 ➝ $57.00N/A
10/23/2017Needham & Company LLCInitiated CoverageBuy$69.00N/A
9/19/2017OppenheimerReiterated RatingBuy$50.00Low
9/19/2017KeyCorpInitiated CoverageOverweight ➝ Overweight$52.00Low
9/11/2017Robert W. BairdSet Price TargetBuy$55.00Medium
8/4/2017UBS GroupBoost Price TargetNeutral ➝ Neutral$42.00 ➝ $47.00High
8/4/2017First AnalysisDowngradeOverweight ➝ Equal Weight$50.00High
7/20/2017Morgan StanleyDowngradeOverweight ➝ Equal Weight$45.00 ➝ $48.00Medium
5/25/2017StephensInitiated CoverageOverweight$55.00High
(Data available from 5/22/2017 forward)

News Sentiment Rating

0.17 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/24/2021
  • 4 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/23/2021
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/23/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
1/22/2022
  • 3 very positive mentions
  • 19 positive mentions
  • 6 negative mentions
  • 4 very negative mentions
2/21/2022
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/23/2022
  • 6 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/22/2022
  • 4 very positive mentions
  • 25 positive mentions
  • 10 negative mentions
  • 0 very negative mentions
5/22/2022

Current Sentiment

  • 4 very positive mentions
  • 25 positive mentions
  • 10 negative mentions
  • 0 very negative mentions
New Relic logo
New Relic, Inc., a software-as-a-service company, provides platform for engineers to plan, build, deploy, and operate software worldwide. It offers a suite of products on its open and extensible cloud-based platform, New Relic One Platform, which enables users to collect, store, and analyze telemetry data flowing through and about their software. The company also provides prebuilt dashboards and visualizations, as well as the ability to search across data types, create customized dashboards, and build applications that can be shared and customized by other users. In addition, it offers customers with software code to add to their applications and infrastructure; open data application performance interfaces, and software development kits, as well as open source connectors and technologies for customers, partners, and third-party developers to extend its platform into their products; cloud-based architecture and big data database; and New Relic Application Performance Monitoring, Mobile, Browser, Synthetics, Infrastructure, and Insights products for analyzing data. Further, the company provides New Relic chart builder, dashboards, and programmability features that allow customers to use connected data to build visuals; New Relic Applied Intelligence to spot abnormal behavior across billions of pieces of data; and New Relic Alerts, which provides a centralized notification system. It sells its products through direct sales organizations, and online and offline sales. The company was founded in 2007 and is headquartered in San Francisco, California.
Read More

Today's Range

Now: $46.62
Low: $45.44
High: $47.79

50 Day Range

MA: $62.65
Low: $42.76
High: $74.05

52 Week Range

Now: $46.62
Low: $41.66
High: $129.70

Volume

2,131,462 shs

Average Volume

1,546,883 shs

Market Capitalization

$3.12 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.99

Frequently Asked Questions

What sell-side analysts currently cover shares of New Relic?

The following sell-side analysts have issued reports on New Relic in the last year: BMO Capital Markets, Cowen Inc, Cowen Inc., JPMorgan Chase & Co., Loop Capital, Morgan Stanley, Needham & Company LLC, Robert W. Baird, Royal Bank of Canada, StockNews.com, Truist Financial Co., and Zacks Investment Research.
View the latest analyst ratings for NEWR.

What is the current price target for New Relic?

0 Wall Street analysts have set twelve-month price targets for New Relic in the last year. Their average twelve-month price target is $83.30, suggesting a possible upside of 78.7%.
View the latest price targets for NEWR.

What is the current consensus analyst rating for New Relic?

New Relic currently has 4 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NEWR, but not buy more shares or sell existing shares.
View the latest ratings for NEWR.

How do I contact New Relic's investor relations team?

New Relic's physical mailing address is 188 Spear Street Suite 1000, San Francisco CA, 94105. The software maker's listed phone number is (650) 777-7600 and its investor relations email address is [email protected] The official website for New Relic is www.newrelic.com. Learn More about contacing New Relic investor relations.